News Releases

TORONTO, ONTARIO--(Marketwire - Nov. 2, 2012) - BMO Bank of Montreal today announced the opening of its new full-service banking branch, located in the heart of a rapidly growing community in East Brampton at 8950 Hwy 50, on November 3, 2012.

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

• A coin counter - a simple-to-use kiosk which counts your loose change;
• Two ATMs - including a drive-thru ATM;
• Services provided in six different languages;
• Access to commercial account and deposit services - including a 24 hour depository for small business after-hours use; and
• Barrier-free access.

"Brampton's population and expanding infrastructure is creating many employment and business opportunities," said Sandy Wason, Branch Manager, BMO Bank of Montreal. "To serve the needs of this growing community, we are thrilled to be opening the doors to our new Brampton branch."

According to BMO Economics, Brampton is one the fastest-growing cities in Canada; the population has expanded almost 21 per cent in the five years through 2011, compared with less than 6 per cent nationally. "This robust population growth is in part due to a diverse and centrally-located economy, and is supporting ongoing housing development," said Robert Kavcic, Economist, BMO Capital Markets.

To celebrate, customers who open a new Primary Chequing Account with a Performance Plan between November 3 and December 31, 2012 will receive $150 deposited into their new account.

The new branch's 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;
• 9:00 a.m. to 4:00 p.m. Saturday; and
• 12:00 p.m. to 4:00 p.m. Sunday.

The grand opening celebration will take place on December 15, 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 $542 billion as at July 31, 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.