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BMO Bank of Montreal Opens $1.4 Million Bank Branch in North- East Brampton


BMO offers financial services advice in several languages; new building is fuelled by clean energy from Bullfrog Power

BMO Bank of Montreal today opened a new 6,000 square foot personal and commercial banking branch. The branch is located in a newly developed residential and commercial area at 9990 Airport Road and Bovaird in North-East Brampton.

Branch Manager Pat Rakkar will lead a team of 15 personal banking and investment professionals who, collectively, will provide financial services advice in English, Portuguese, Spanish, Punjabi, Hindi, Urdu, Gujarati, and Pilipino, to better serve the Bank’s clients.

“We are committed to providing every one of our customers with the best banking experience,” said Pat Rakkar, Branch Manager, BMO Bank of Montreal. “Our customers can be sure they will be met by a knowledgeable professional who will sit down and help them understand our products and services, so they can confidently make the right decisions with their money.“

Customers can expect:

* A highly experienced team of in-house experts – including personal banking managers, a financial planner, a BMO Nesbitt Burns investment advisor;
* Access to commercial account and deposit services;
* Three Instabank automated banking machines (ABM), including a drive-through ABM;
* Ample parking for BMO customers; and
* Full wheelchair accessibility.

BMO also announced that the branch will receive its electricity from Bullfrog Power, which provides homes and businesses in Ontario and Alberta with electricity generated from clean, renewable sources like wind power and low-impact hydro. BMO has purchased 5,000 Megawatt Hours per year of clean, emission-free electricity from Bullfrog Power.

“BMO is the premier financial institution on the bullfrogpowered Green Index, and this shows our leadership in environmental sustainability,” said Jim Johnston, Director, Environmental Sustainability, BMO Financial Group. It is part of BMO’s Environmental Policy to encourage a green workplace through programs that promote energy efficiency, recycling and waste minimization,” added Johnston.

“To the AIR MILES collectors in Brampton, we have another reason for you to bank with BMO. Now our customers can collect AIR MILES reward miles whenever and wherever they make purchases using their BMO Bank of Montreal debit card,” said Alex Dousmanis-Curtis, SVP Greater Toronto Division, BMO Bank of Montreal. “We’re unique in the marketplace, no other bank can help you collect faster and redeem quicker and we are the only major financial institution that rewards debit purchases with access to a comprehensive choice of more than 800 reward and travel options,” added Ms. Dousmanis-Curtis.

BMO’s Airport Road branch will operate from:

* 9:30 a.m. to 4:30 p.m. on Mondays, Tuesdays and Wednesdays;
* 9:30 a.m. to 8:00 p.m. on Thursdays and Fridays; and
* 9:30 a.m. to 3:00 p.m. on Saturdays.

The branch will hold a grand opening ceremony on Saturday, December 15, 2007 and will announce a donation to the William Osler Hospital.

BMO serves customers through seven branches in Brampton.

About BMO Bank of Montreal
BMO Financial Group, Canada’s first and oldest bank, is celebrating its 190th anniversary. The bank is one of the most highly diversified financial services organizations in North America. With total assets of $366 billion as at October 31, 2007, and more than 35,000 employees, BMO provides a broad range of retail banking, wealth management and investment banking products and solutions.


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