BMO Invests $1.3 million to Serve Kitchener's Growing Community

    BMO's new space is equipped to accommodate the needs of this growing city

    -   Nesbitt Burns Investment Advisor on site
    -   Full service branch features drive-through ABM
    -   Powered by emission-free electricity from Bullfrog Power

    KITCHENER, ON, Oct. 20 /CNW/ - BMO Bank of Montreal today opened the
doors to a 6,000 square foot branch at Ottawa Street and Strasburg Road in
Kitchener, Ontario. The branch has been relocated from the Laurentian Hills
Shopping Centre at 720 Westmount Road.
    "Our new location gives us visible presence in the neighbourhood and a
more convenient location for our customers," said Cathy Roberts, Branch
Manager, BMO Bank of Montreal. "We now have a larger space to accommodate our
customers and offer more services and private offices. This enables us to
efficiently meet their financial needs," added Ms. Roberts.
    "The approach we take with all of our customers is aimed at 'making money
make sense' and we are committed to providing the clarity customers need to
make sound financial decisions. This commitment has never been more relevant
than it is now given today's economic realities."
    BMO's new space is equipped to accommodate the needs of this growing
    "Kitchener's economy enjoys solid underpinnings, with unemployment below
and incomes above the provincial and national benchmarks," said Robert Kavcic,
Economic Analyst. "Given its relatively young demographics, its highly
regarded educational institutions, and its diversified industrial mix, the
area should perform well over the medium term as the broader North American
economy turns the corner. Once the current economic weakness passes, growth in
the region is expected to exceed both the Ontario and Canadian rates through
2012," added Mr. Kavcic.
    Local residents can benefit from familiar faces and a knowledgeable staff
who will provide each customer with a tailored banking experience.
    Cathy's team of 12 employees include:

    -   Customer Service Representatives
    -   Financial Services Managers
    -   BMO Bank of Montreal Financial Planner, Investment and Retirement
    -   Commercial Relationship Manager
    -   BMO Nesbitt Burns(R) Investment Advisor

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

    Monday to Wednesday         9:30 a.m. to 5:00 p.m.
    Thursday & Friday           9:30 a.m. to 8:00 p.m.
    Saturday                    9:00 a.m. to 3:00 p.m.    \

    The branch is equipped with one Instabank machine 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 Anne Kozak, 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 Saturday, November 15,

For further information:

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

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