News Releases

LETHBRIDGE, ALBERTA--(Marketwire - Aug. 17, 2012) - BMO Bank of Montreal today announced the opening of its new full-service banking branch in Lethbridge at 378 University Drive.

The open-concept branch offers customers extended banking hours, including Saturdays, and is designed to provide a great banking experience through a variety of financial services and conveniences, including:

• A Coin Counter;
• Access to commercial account and deposit services;
• Two on-site ATMs including a drive-thru ATM, as well as an ATM located in the nearby Canada Safeway store; and
• Barrier-free access.

"BMO is excited to establish a new full-service branch in West Lethbridge," said Dave May, Branch Manager, BMO Bank of Montreal. "We encourage new and existing members of the community to come in and speak with our team about all of their financial needs. The new BMO AIR MILES bank plan allows customers to significantly enhance the value they are getting from their debit card by accelerating the rate of earning reward miles - and ultimately spend smarter."

"Alberta's economy significantly outperformed the national average in 2011, as rising oil production fuelled 5.2 per cent real GDP growth," said Robert Kavcic, Economist, BMO Capital Markets. "Alberta should remain atop the leaderboard this year, with growth running more than a full percentage point above the national average at 3.2 per cent."

In celebration of the branch opening, customers who open a new Primary Chequing Account with a Performance Plan between August 18 and September 30, 2012 will have $150 deposited into the new account.

BMO's new West Lethbridge branch extended hours of operation are:

• 9:00 a.m. to 6:00 p.m. Monday to Wednesday;
• 9:00 a.m. to 8:00 p.m. Thursday and Friday; and
• 9:00 a.m. to 4:00 p.m. Saturday.

The grand opening celebration will take place on Saturday, October 13, 2012.

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.