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Media Advisory: BMO Bank of Montreal Celebrates Grand Opening of New Lynnwood Branch in Edmonton

- New BMO branch represents a $1.3 million investment into the community

- 'Making Money Make Sense' in five different languages

- Offering customers extended banking hours, including Saturdays

- BMO Economics forecasts 120,000 new jobs to be created in Edmonton and Calgary over the next four years

EDMONTON, ALBERTA--(Marketwire - Aug. 23, 2012) - BMO Bank of Montreal invites customers and members of the community to celebrate the grand opening of its newly relocated Lynnwood full-service banking branch in Edmonton at 8916 149th Street on Saturday, August 25, 2012.

The larger branch offers customers extended banking hours six days a week, and is designed to provide a great banking experience through a broad variety of financial services and conveniences, including:

  • Services provided in five languages;
  • Access to commercial account and deposit services;
  • Two ATMs; and
  • Barrier-free access.

Fuelled by rising oil production, Alberta will lead Canada in economic growth this year, according to a report from BMO Capital Markets Economics. "Employment in Edmonton and Calgary is expected to strengthen through 2016 with the addition of 120,000 new jobs. We anticipate that the jobless rate will be below four per cent - back to pre-recession levels," said Robert Kavcic, Economist, BMO Capital Markets.

"Our commercial clients are confident and making important investments in new equipment, expanding their operations and hiring people," said Lee Ann MacDonald, Branch Manager, BMO Bank of Montreal. "We encourage businesses in Edmonton and all of Alberta to get their share of the $10 billion in credit BMO has made available, giving them access to the capital they need to grow and get their operations firing on all cylinders."

Grand Opening Details:

Who: Dean Holloway, Personal Banking Area Manager, BMO Bank of Montreal
Lee Ann MacDonald, Branch Manager, BMO Bank of Montreal
What: Grand Opening Celebration - Lynnwood Branch
• Formal celebration and ribbon-cutting ceremony with special guests
• Complimentary breakfast and entertainment
• Great giveaways and a raffle draw with the chance to enter to win a $1000 BMO Guaranteed Investment Certificate (GIC)
When: Saturday, August 25, 2012, from 10:00 a.m. - 12:00 noon
• Speeches and ribbon-cutting will commence at 11:00 a.m.
Where: BMO Bank of Montreal, 8916 - 149th Street, Edmonton, T5R1B8

BMO's newly relocated Lynnwood branch extended 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; and
  • 9:00 a.m. to 4:00 p.m. Saturday.

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.

For further information:
Media Contact:
Laurie Grant, Vancouver
(604) 665-7596
laurie.grant@bmo.com

Internet: www.bmo.com
Twitter: @BMOmedia