News Releases

BRAMPTON, ONTARIO--(Marketwire - Aug. 17, 2012) - BMO Bank of Montreal today announced the opening of its new full-service banking branch in Brampton at 9505 Mississauga Road. The branch is located at the corner of Mississauga Road and Williams Parkway.

The new open-concept branch is designed to create a welcoming, comfortable banking experience and offers a variety of financial services and conveniences including:

• A coin counter;
• Services provided in nine different languages;
• Access to commercial account and deposit services;
• Two ATMs;
• Free parking for BMO customers; and
• Barrier-free access.

"We are thrilled to be opening our doors in this rapidly expanding community," said Aziz Zaveri, Branch Manager, BMO Bank of Montreal. "With residential sales in Brampton trending upwards, we invite new and existing customers to come visit our branch and learn how BMO can help home buyers become mortgage-free faster and save thousands of dollars in interest over time."

Mr. Zaveri added that the extended hours at the new branch make it easier than ever for customers to come in and speak with BMO's team about all of their financial needs.

"Brampton continues to see a rapidly expanding population, with growth of more than 20 per cent in the five years through 2011," said Robert Kavcic, Economist, BMO Capital Markets. "This population growth and a diverse labour market continue to support economic activity in the city."

To celebrate the opening of the new BMO branch, customers who open a new BMO Kids Discounted Banking Plan and deposit $25 before October 15^th, 2012 will receive another $25 from BMO to help kick-start their child's savings. For more information, please visit bmo.com/smartparents.

BMO SmartSteps for Parents is part of BMO's ongoing commitment to 'Making Money Make Sense'. Since 2009, BMO has introduced various tools to help Canadians effectively manage of their personal finances, including BMO by Appointment, BMO MoneyLogic, BMO SmartSteps, BMO SmartSteps for Business and BMO SmartSteps for Homeowners.

BMO's new Mississauga Rd. & Williams Pkwy branch hours of operation are:

• 9:00 a.m. to 5:00 p.m. Monday to Wednesday;
• 9:00 a.m. to 8:00 p.m. Thursday and Friday;
• 9:00 a.m. to 4:00 p.m. Saturday; and
• 12:00 p.m. to 4:00 p.m. Sunday.

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.