BMO Bank of Montreal Opens 7,000 Sq. Ft. Bank Branch in Scarborough, Ontario

    New branch powered by clean energy and offers personal, commercial,
    investment and wealth management services under one roof

    SCARBOROUGH, ON, Oct. 29 /CNW/ - BMO Bank of Montreal today opened an
expansive $1.3 million personal and commercial banking branch in Scarborough,
Ontario at 2230 Kennedy Road at the corner of Sheppard Avenue. The new
7,000 square-foot branch is situated in the growing residential area of
Scarborough, is easily accessible from Hwy 401 and Hwy 404, and is within
walking distance of the bank's old location on Kennedy Road.
    BMO also announced that the new branch is one of the first BMO branches
that 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.
    "It is part of BMO's Environmental Policy to encourage a green workplace
through programs that promote energy efficiency, recycling and waste
minimization," said Jim Johnston, Director, Environmental Sustainability, BMO
Financial Group. BMO is the premier financial institution on the
bullfrogpowered Green Index, and this shows our leadership in environmental
    The Kennedy Road branch has 25 financial services professionals. BMO
customers will enjoy a full complement of financial services including, wealth
management provided by, BMO Harris Private Banking, investment advice provided
by, BMO Nesbitt Burns, and BMO Bank of Montreal commercial banking services.
In addition customers will have access to longer banking hours.
    "Our friendly, knowledgeable staff are eager to sit down with our
customers and help them understand the wide range of products and services BMO
has to offer," said Kim Lee, Branch Manager, BMO Bank of Montreal. "We can
help our customers make the right decisions with their money."

    The Kennedy Rd. branch features:

    -   Full commercial banking services including cash management and
        deposit services;

    -   A highly experienced team of personal banking professionals with
        mortgage, financial planning, investment and wealth management

    -   Offices where clients can have meaningful financial discussions in

    -   Ample parking facilities for BMO customers;

    -   Full wheelchair accessibility; and

    -   Two Instabank Extra automated banking machines (ABMs).

    -   Hours of operation: 9:30 am to 4:00 pm on Mondays, Tuesdays and
        Wednesdays; 9:30 am to 8:00 pm on Thursdays and Fridays; and 9:30 am
        to 4:00 pm on Saturdays.

    BMO Bank of Montreal operates 150 full service branches and 17 InStore
branches in the Greater Toronto Area. BMO will celebrate its 190th anniversary
on November 3, 2007.

For further information:

For further information: Shivani Ahluwalia, Toronto,, (416) 867-3996, Internet:

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