News Releases

BURNABY, BRITISH COLUMBIA--(Marketwired - July 22, 2013) - BMO Bank of Montreal today announced the opening of its newest full-service banking branch in Burnaby at 7075 Kingsway.

"The new branch, which represents a significant $6.4 million investment in the community, reflects BMO's continued commitment to the City of Burnaby and to meeting the evolving needs of this growing community," said Paul Dilda, Head, North American Branch Channel, BMO Bank of Montreal.

The Kingsway & Salisbury branch offers customers extended banking hours and is designed to provide a great banking experience through a variety of financial services and conveniences, including:

• Two ATMs - including a drive-thru ATM;
• Services provided in seven different languages;
• Access to commercial account and deposit services - including a 24 hour depository for after-hours use by small business customers; and
• Barrier-free access.

Located near Highgate Village in the heart of the Edmonds district, the new BMO branch serves a vibrant and growing community, including increasingly more young professionals and families.

"Burnaby boasts a diverse and fast-growing population," said Robert Kavcic, Senior Economist, BMO Capital Markets. "The city's population expanded 10.1 per cent in the five years through 2011, outpacing the rest of British Columbia and well above the national rate."

"We are excited to open our new branch at Kingsway & Salisbury - an area which attracts a high volume of customer traffic and boasts a mix of retail stores, restaurants and entertainment amenities," said Ronald Lee, Branch Manager, BMO Bank of Montreal. "The branch's unique location, layout and extended banking hours will make it more convenient for our customers to engage in conversations with our team about all of their financial needs."

In celebration of the branch opening, customers who open a new BMO Kids Discounted Banking Plan and deposit $25 before August 31, 2013, will receive another $25 from BMO to help kick-start their child's savings. For more information, please visit the branch.

The new branch's extended hours of operation are:

• 9:00 a.m. to 6:00 p.m. Monday, Tuesday and Friday;
• 9:00 a.m. to 8:00 p.m. Wednesday and Thursday;
• 9:00 a.m. to 4:00 p.m. Saturday; and
• 11:00 a.m. to 4:00 p.m. Sunday.

The grand opening celebration will take place on September 15, 2013, at the branch.

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.