News Releases

MONTREAL, QUEBEC--(Marketwired - July 8, 2013) - BMO Financial Group today announced it will contribute $50,000 to assist the Red Cross in its relief efforts in Lac-Mégantic following the terrible train tragedy in this community of the Eastern Townships of Quebec.

"We are all saddened by the scope of the damage and we grieve with the families who have lost loved ones or who still have loved ones unaccounted for at this time," said L. Jacques Ménard, President, BMO Financial Group, Quebec. "We hope that residents will soon be able to get back into their homes and resume their lives."

BMO Bank of Montreal operated a branch in Lac-Mégantic from 1895 up until 2001. BMO Bank of Montreal will also be accepting donations in its branches on behalf of the Red Cross.

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 $555 billion as at April 30, 2013, and more than 46,000 employees, BMO Financial Group provides a broad range of personal and commercial banking, wealth management and investment banking products and solutions.