News Releases

SAINT JOHN, NEW BRUNSWICK--(Marketwire - July 12, 2012) - BMO Bank of Montreal today announced the official relocation of its main branch in Saint John to CenterBeam Place, at 2 King Street, effective on Monday, July 16. BMO operated from 1877 to 1971 on the corner of King & Prince William Streets, prior to moving to 15 Market Square where BMO will cease its operations on July 13 at noon.

"BMO is proud of its historical roots in Saint John which date back to July 1867. Our investment in this new branch, which is the largest and utilizes the most design and technology of any branch in New Brunswick, demonstrates our confidence in the future of the Saint John and our commitment to delivering an exceptional customer experience," said Allison Hakomaki, District Vice-President, New Brunswick and Prince Edward Island, BMO Bank of Montreal. "BMO is currently the number one small business lender in Atlantic Canada and we have made an additional $10 billion available to businesses in Canada," added Mrs. Hakomaki, inviting small business owners and entrepreneurs to visit the new branch and to meet with BMO commercial experts.

The new 7,000 square feet Saint John Main Branch is designed to provide a superior banking experience through a variety of financial services and conveniences. It features:

• A staff of 24 financial experts, including BMO Nesbitt Burns, BMO Harris Private Banking and Small Business Banking representatives, available under one roof;
• Access to commercial banking services on the 2^nd floor, including account and deposit services;
• Two ATMs; and
• Barrier-free access.

The new Saint John Branch will be open from 9 a.m. to 5 p.m., Monday to Friday.

"We are committed to providing every one of our customers with the best banking experience in this unique historical location," said Branch Manager Michael Gauthier. "Our customers can be sure they will be met by a knowledgeable professional who will help them make sense of money matters, so they can confidently make the right decisions with their money."

BMO Bank of Montreal has served residents of Saint John and New Brunswick since July 1867, and now operates 24 branches in the province.

About BMO Financial Group

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly-diversified North American financial services organization. With total assets of $525 billion as at April 30, 2012, and more than 46,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.