BMO Grows to Support Expanding Barrie Population

    Local Economic Growth Expected to Exceed National Average

    -   New branch represents investment of $1.5-million
    -   Nesbitt Burns Investment Advisor on site
    -   Full service branch features drive-through ABM
    -   Powered by emission-free electricity from Bullfrog Power

    BARRIE, ON, Sept. 15 /CNW/ - BMO Bank of Montreal today opened the doors
to its sixth branch in booming Barrie, Ontario. The 6,221 square foot branch
is conveniently located in the south-end at Mapleview and Bryne Drives. The
City of Barrie can benefit from familiar faces and a knowledgeable staff who
will provide each customer with a tailored banking experience.
    "BMO is confident about the economic long-term growth of Barrie," said
Kelly Hastings, Branch Manager, BMO Bank of Montreal. "Our customers have been
requesting a branch in the south-end area for quite some time. We are
extremely excited to open this new branch and provide an exceptional customer
experience, in a convenient location," added Ms. Hastings.
    "The Barrie Computer Centre is another example of BMO's commitment to the
City of Barrie. The state-of-the-art data centre provides a highly-efficient
processing infrastructure that supports BMO's operations worldwide."
    "Population growth in Barrie was a robust 4.8% per year between 2001 and
2006, well above both the provincial and national rates," said Robert Kavcic,
Economic Analyst. "In addition, the recent opening of GO Train services to
Toronto has enhanced commuting ease and the ability of residents to take
higher-paying jobs in the downtown core. This is great for the economy,
merchants, and community at large," added Mr. Kavcic.

    Kelly's team of 14 employees include:
    -   Customer Service Representatives
    -   Financial Services Managers
    -   BMO Bank of Montreal Financial Planner
    -   Investment and Retirement Planning
    -   BMO Nesbitt Burns(R) Investment Advisor

    BMO's Barrie branch offers longer hours and will operate from:

    Monday to Wednesday    9:30 a.m. to 4:30 p.m.
    Thursday & Friday      9:30 a.m. to 8:00 p.m.
    Saturday               9:30 a.m. to 3:00 p.m.

    The branch is equipped with two Instabank machines for your everyday
financial transactions as well as a drive-through ABM.
    "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 Susan Markus, 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," she 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 Thursday, October 9,

For further information:

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

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