BMO to Make Donation to Mon Sheong Foundation to Celebrate Grand Opening of New Scarborough Branch



    Traditional Chinese Lion Dance to kick-off festivities

    TORONTO, Nov. 22 /CNW/ - BMO Bank of Montreal is donating more than
$12,000 to the Mon Sheong Foundation to celebrate the grand opening of its new
bank branch in Scarborough at 2330 Kennedy Road. This donation is the last
instalment of BMO's total pledge of $62,500 in support of the Mon Sheong
Richmond Hill Long Term Care Capital Campaign. The donation has helped to
build the long-term care facility in Richmond Hill which provides services for
seniors and non-seniors in need with physical and neurological impairment, or
older couples and seniors affected by dementia. In addition residents receive
round the clock emergency medical services that are provided to help minimize
the risk of delayed medical attention.
    The Mon Sheong Foundation is a Canadian registered charitable
organization, dedicated to the promotion of Chinese culture, heritage,
language and philosophy through caring for the elderly, encouraging the young
and providing programs and services in response to the needs of their
communities.

    
    WHEN:    Saturday, November 24, 2007 from 11:00 a.m. - 2:00 p.m.

    WHERE:   BMO Bank of Montreal
             2330 Kennedy Road at the corner of Sheppard Avenue

    WHAT:    Opening ceremony: 11:15 a.m. - 11:45 a.m.
             Speeches and ribbon cutting

             Light refreshments

    WHO:     Bernard Cheung, CEO of Mon Sheong Foundation
             Jim Karygiannis, MP, Scarborough-Agincourt
             Alex Dousmanis-Curtis, Senior Vice-President, GTA Division
             BMO Bank of Montreal employees and customers
    

    "BMO's grand opening and our donation provide a wonderful opportunity for
us to welcome customers to their new branch, meet neighbours and to show our
appreciation and support for the organizations that mean so much to the
well-being of our community," said Kim Lee, Branch Manager, BMO Bank of
Montreal.
    "Customers will be welcomed by experienced financial services
professionals and investment specialists who can provide clear financial
advice and solutions to help them make the right decisions with their money,"
said Alex Dousmanis-Curtis, SVP Greater Toronto Division, BMO Bank of
Montreal. "All across Toronto, we're inviting customers from other financial
institutions to come into one of our branches and talk to a mortgage
specialist about how we can help you with Toronto's Land Transfer Tax. BMO
will pay the new land transfer tax on behalf of its customers when they
arrange a mortgage by February 29, 2008."
    "Plus if you're one of the 9 million AIR MILES collectors in Canada, 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," noted Mr. Lee. "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 Mr. Lee.

    
    ABOUT THE KENNEDY ROAD BRANCH

    -  Opened October 29, 2007

    -  Located at 2330 Kennedy Road, Scarborough

    -  Represents an investment of: $1.3 million

    -  Size: 7,000 square feet

    -  One of the first BMO branches to be fuelled by clean energy from
       Bullfrog Power

    -  Staff: 25 financial services professionals

    -  Services: A highly experienced team of in-house experts - including
       wealth management services provided by BMO Harris Private Banking and
       BMO Nesbitt Burns, and BMO Bank of Montreal commercial banking
       services.

    -  Two Instabank Extra automated banking machines;

    -  Hours of operation:
       9:30 a.m. to 4:00 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 4:00 p.m. on Saturdays.
    

    BMO Bank of Montreal operates 159 full-service branches and 17 InStore
branches in the Greater Toronto Area. In 2006, BMO contributed $32.1 million
in corporate donations, sponsorships and events, supporting communities and
thousands of charities and not-for-profit organizations across Canada.




For further information:

For further information: Media Contact: Shivani Ahluwalia, Toronto,
shivani.ahluwalia@bmo.com, (416) 867-3996

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