-- (MARKET WIRE)
BMO Bank of Montreal today announced the opening of its new full-service banking branch at 710 Markland Street, located in Markham. The opening is BMO's eighth branch in the city.
The new 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;
-- Services provided in 11 different languages;
-- Access to commercial account and deposit services - including a 24 hour
depository for small business after-hours use; and
-- Barrier-free access.
"The GTA represents the heart of the Canadian economy, home to a diverse range of Fortune 500 businesses," said Robert Kavcic, Senior Economist, BMO Capital Markets. "Markham is an important and fast-growing part of the Toronto economy and has seen its population more than double since 1990."
"We're excited to be opening our doors to our eighth branch in the fast-growing city of Markham," said Gaganjyot Bhurjee, Branch Manager, BMO Bank of Montreal. "With RRSP season in full-swing, we encourage everyone to drop by our new branch to learn about a Continuous Savings Plan, or CSP."
Ms. Bhurjee added that a CSP eases the cost of investing away from one annual deposit, and helps to increase savings. A CSP regularly and automatically withdraws a specific amount of money from an individual's bank account and invests it directly into his or her RRSP.
The new branch's extended hours of operation are:
-- 9 a.m. to 5 p.m. Monday to Wednesday;
-- 9 a.m. to 8 p.m. Thursday and Friday; and
-- 9 a.m. to 4 p.m. Saturday.
The grand opening celebration will take place on April 27, 2013.
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 October 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.
Kristine Galvan, Toronto
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