BMO Banks on Growth in St. Albert with Opening of $1.6 Million Full-Service Bank Branch

    BMO Bank of Montreal's new Gateway Village Branch uses emission-free
    electricity from Bullfrog Power

    EDMONTON, Feb. 2 /CNW/ - BMO Bank of Montreal today opened a new 5,530
square foot personal and commercial banking branch in the south area of the
city to service the established and expanding residential and commercial area
of St. Albert.
    The new BMO branch represents an investment of $1.6 million in the St.
Albert community. The branch is located at 2 Hebert Road in the Gateway
Village Shopping Centre, and is easily accessible by car, right off St. Albert
    The branch is home to a team of 15 personal banking and investment
professionals who are eager to provide a great customer experience to all new
and existing BMO customers.
    "We are committed to making money make sense for every one of our
customers, by bringing clarity to the complexities of money," said Linda
McLeod, Branch Manager, BMO Bank of Montreal. "To highlight our commitment to
excellence in customer service we are offering a $100 cash deposit to all new
customers who open a new chequing account between February 2 and March 2 and
complete the PowerSwitch by March 31, 2009."

    Customers can expect:
    -  A highly experienced team of in-house experts including personal and
       commercial banking managers, financial services representatives, and a
       mortgage specialist;
    -  Access to commercial account and deposit services;
    -  Two Instabank automated banking machines (ABM), including a drive-
       through ABM;
    -  Ample free parking for BMO customers; and
    -  Full wheelchair accessibility.

    "Now BMO customers can collect AIR MILES reward miles whenever and
wherever they make purchases using their BMO Bank of Montreal debit card,"
said Lynda Taylor, Vice-President, Edmonton District, BMO Bank of Montreal.
"No other bank can help you collect faster and redeem quicker and we are the
only major financial institution that rewards both debit purchases and credit
card purchases with access to a comprehensive choice of more than 800 reward
and travel options," added Ms. Taylor.
    In addition, Branch Manager, Linda McLeod said, "This is a great time for
first-time homebuyers to come in and talk to us given the falling house prices
and decreased mortgage rates." And BMO Bank of Montreal is helping remove the
complexity that comes with making the biggest purchase of their life with a
new home-buyer's 'kit' specifically for the first-time buyer.
    BMO's Gateway Village branch is the 16th branch in Alberta to have Green
Energy. It 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.

    The Gateway Village BMO branch's hours of operation are:
    -  9:30 a.m. to 4:00 p.m. Monday to Wednesday;
    -  9:30 a.m. to 7:00 p.m. Thursdays and Fridays; and
    -  9:30 a.m. to 4:00 p.m. Saturdays

    The branch will hold a grand opening ceremony on Saturday, May 9, 2009.

    About BMO Bank of Montreal

    Established in 1817 as Canada's first bank, BMO Financial Group has over
2,500 employees in the province. BMO provides financing to more than 27,000
small businesses in Alberta and annually demonstrates its commitment to be an
active corporate citizen in the community through numerous donations and
sponsorships in the Edmonton area.

For further information:

For further information: Media Contact: Laurie Grant, (604) 665-7596,, Internet:

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