- Edmonton is a favoured marketplace - the city should continue to see
strong population and income growth according to BMO Economics
- Both branches powered by Bullfrog clean energy and represent a total
investment of $3.7 million
- Branches offer convenient hours - now open Monday to Saturday
EDMONTON, June 15 /CNW/ - BMO Bank of Montreal today opened two new
branches in growing Edmonton areas, bringing the total number of full service
branches in the Edmonton area to 25 and the number of branches in Alberta that
receive clean, renewable electricity from Bullfrog Power to 22.
"We're excited to be opening two new branches on the same day," said
Lynda Taylor, Vice President, Edmonton District, BMO Bank of Montreal. "BMO
continues to replace our aging branches in well established markets while
opening new branches in other growth marketplaces."
"Alberta should remain an important driver of Canada's economic growth
over the next decade," said Robert Kavcic, Economist, BMO Capital Markets.
"With its proximity to vast energy reserves, Edmonton should continue to
prosper as global commodity demand increases, and the city should continue to
see strong population and income growth."
The Centre 50 branch is a relocation of the Gold Bar branch, located at
5024 - 106th Avenue. The new location is 9821 - 50th Street, 1.5 km south of
the former branch, across the street from the Capilano Mall.
"We are proud to continue our long tradition of serving customers in
Centre 50's well established community," said Chris Menard, Personal Banking
Area Manager, BMO Bank of Montreal. "We have a dedicated team of 14 financial
professionals, who are motivated to deliver exceptional customer service,"
added Mr. Menard.
The 97th Street & 160th Avenue branch is in the Namao neighbourhood,
close to a major shopping area and only five minutes from the Canadian Forces
Base that is home to 10,000 military and civilians.
"We are committed to making money make sense for every one of our
customers and invite everyone to come in and talk to us about how we can help
them save money," said Anisha Suleman, Branch Manager at the 97th Street &
160th Avenue branch.
BMO's new branches in Edmonton are part of a green energy initiative in
Alberta, B.C. and Ontario. BMO Financial Group is committed to purchase over
8,300 megawatt hours of emission free electricity annually from Bullfrog Power
- generated from clean, renewable sources like wind power and low-impact
For added convenience, the new branches feature two ABMs for everyday
financial transactions and include a full-service drive-thru ABM, as well as
ample parking for customers.
Branches hours of operation for both locations are:
Monday to Wednesday 10:00am - 4:00pm
Thursday & Friday 10:00am - 7:00pm
Saturday 10:00am - 3:00pm
"If you're one of the millions of AIR MILES collectors in Canada, we have
another reason for you to bank with BMO," said Lynda Taylor, Vice-President,
Edmonton District, BMO Bank of Montreal. "No other bank can help you collect
faster and redeem more quickly because we are the only major financial
institution that rewards debit and credit card purchases, including online
purchases," Ms. Taylor added.
BMO's Corporate Social Responsibility in Edmonton
BMO Bank of Montreal has played an active role in the Edmonton community
since 1903. BMO annually provides over $300,000 in sponsorships and donations
in the Edmonton area as part of our goal to make the communities where we live
and work strong and healthy. The bank donates to numerous local charitable
organizations each year including: The United Way Alberta Capital Region,
Concordia College, the Mazankowski Alberta Heart Institute, Grant McEwan
Community College and the Royal Alexandra & Lois Hole Hospitals.
For further information:
For further information: Media Contact: Laurie Grant, (604) 665-7596,
email@example.com; Internet: www.bmo.com