BMO Banks on Oshawa's Rapidly Growing Economy

    -   New branch represents an investment of $1.6 Million
    -   Full-service branch features a drive-through ABM
    -   Powered by emission-free electricity from Bullfrog Power

    OSHAWA, ON, Sept. 15 /CNW/ - BMO Bank of Montreal today opened the doors
of a new branch in the booming north area of Oshawa. The 5,000 square foot
branch is located at 925 Taunton Road East. The branch features 12 private
offices and the majority of lending and investment staff have been with the
Bank of Montreal for over 20 years.
    "We are extremely excited about the highly anticipated opening of our new
branch in this prosperous, growing area of Oshawa," said Aaron Naccarato,
Branch Manager. "Our professional staff are looking forward to the opportunity
to sit down with both new and existing customers and play a role in helping
them to achieve their personal and business financial goals."
    "Oshawa boasts one of the fastest growing populations among Canada's
large urban areas," said Michael Gregory, Managing Director and Senior
Economist for BMO Capital Markets. "Although suffering from the downshift in
U.S. vehicle sales and industry restructuring, Oshawa is still home to some of
the most productive vehicle assembly plants on the continent, which bodes well
for the future. As well, Oshawa's strong, steady population growth is
providing support for the local businesses that supply household goods and
services, not to mention the local construction sector."

    Aaron's team of 17 employees include:

    -   Customer Service Representatives
    -   Financial Services Managers
    -   Wealth Management and Investment Professionals
    -   BMO Bank of Montreal Financial Planner
    -   Investment and Retirement Planning Professional
    -   BMO Nesbitt Burns(R) Investment Advisor
    -   A Commercial Account Manager, Deposit Services Manager and Cash
        Management Specialist

    Hours of operation:

    Monday to Wednesday   9:30am to 4:30pm
    Thursday & Friday     9:30am to 8:00pm
    Saturday              9:30am to 3:00pm

    The branch is also equipped with three Instabank machines, including a
drive-thru ABM, for your everyday financial transactions.
    "Plus if you're one of the millions of AIR MILES collectors in Canada, we
have another reason for you to bank with BMO," said Bill Ogle, Personal
Banking Area Manager. "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, with access to a
comprehensive choice of more than 800 reward and travel options," he said.
    In April, BMO Bank of Montreal enhanced its Mosaik Gold AIR MILES Reward
Option, providing cardholders an exclusive 20 per cent discount on all AIR
MILES flight redemptions worldwide.
    The branch will hold a grand opening ceremony on Saturday, October 4,

For further information:

For further information: Media Contact: Kasia Lech, (416) 867-3996,

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