BMO Bank of Montreal Opens New $1.5 Million Branch in Fort Saskatchewan



    BMO grows its retail branch presence to meet projected growth in
    'Upgrader Alley'

    FORT SASKATCHEWAN, AB, April 16 /CNW/ - BMO Bank of Montreal today opened
a new full service branch in Fort Saskatchewan, in anticipation of the
expected growth in personal and business banking needs in Alberta's "Upgrader
Alley". The estimated $30 to $40 billion bitumen upgrader construction plans
around Fort Saskatchewan, a twenty-minute drive from Edmonton, will require
thousands of workers over the next decade.
    "Our objective is to provide every one of our customers with a better
banking experience each and every time they walk through our doors," said
Richard Parsons, Branch Manager, BMO Bank of Montreal. "Our customers can be
sure they will be met by a professional ready to have a meaningful financial
discussion that begins and ends with their needs."

    The new 6,500 sq. ft. branch, which is located at 8725 - 94th street in
the Cornerstone Power Center, has an expanded staff of 16 banking and
investment professionals. Customers in Fort Saskatchewan will benefit from:

    
    -   A highly experienced team of in-house experts - including personal
        and commercial banking managers, a financial planner, a mortgage
        specialist and a BMO Nesbitt Burns investment advisor;
    -   Two Instabank Extra automated banking machines (ABM), including a
        drive-through ABM;
    -   Ample parking for BMO customers;
    -   And full wheelchair accessibility.

    "We're excited about the prospects of growing alongside the community.
We're in a great location in a high traffic, commercial and residential hub.
We also have the staff, products and services to demonstrate to our customers
that we are the only financial institution they will ever need," said Chris
Menard, BMO Bank of Montreal Personal Banking Area Manager.

    BMO's Fort Saskatchewan branch will operate from:

    -   10:00 a.m. to 4:00 p.m. on Mondays and Wednesdays;
    -   10:00 a.m. to 7:00 p.m. on Thursdays and Fridays;
    -   And 10:00 a.m. to 3:00 p.m. on Saturdays.
    

    BMO will hold an official branch opening event on Saturday, June 2nd,
2007, between 11:00 a.m. and 3:00 p.m.
    BMO first opened for business in Fort Saskatchewan in 1905. BMO Bank of
Montreal now operates 106 branches in Alberta and employs more than 2,000
people in the province.

    /NOTE TO PHOTO EDITORS: A photo accompanying this release is available on
    the CNW Photo Network and archived at http://photos.newswire.ca.
    Additional archived images are also available on the CNW Photo Archive
    website at http://photos.newswire.ca. Images are free to accredited
    members of the media/





For further information:

For further information: Media Contacts: Ronald Monet, Montreal,
ronald.monet@bmo.com, (514) 877-1873; Internet: www.bmo.com

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BMO BANK OF MONTREAL

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