First Stand-Alone Private Bank Office in Canada Comes to Kelowna

    -  New BMO Harris Private Banking office in Kelowna will provide wealth
       management services to affluent clients
    -  Donation of $10,000 to the Central Okanagan Foundation demonstrates
       BMO's commitment to the Kelowna community

    KELOWNA, BC, June 16 /CNW/ - BMO Harris Private Banking, the country's
fastest growing private bank, officially opens its first stand-alone office in
Canada in Kelowna, BC on June 18. Offering a unique wealth management service
designed specifically for affluent Canadians, the office has been open for
business since April 21. It had previously offered private banking services
through premises at the Kelowna Main Branch of BMO Bank of Montreal during the
past four years.
    Located at 327 Bernard Avenue in Kelowna, the BMO Harris Private Banking
11-person team is led locally by Tom Klick, Director and Senior Private
Banker. The Kelowna team of skilled and highly trained professionals is
capable of delivering the kind of dedicated and specialized services that are
required by this unique customer segment.
    The one-storey, 3400 square foot office, kitty-corner from BMO Bank of
Montreal's Kelowna Main Office Branch, is home to a team of professionals
specializing in a wide variety of disciplines such as banking, investment
management, estate and trust services, as well as other specialty services,
such as philanthropic advisory, and succession planning.
    "We're very pleased to bring our integrated approach to wealth management
to more clients in BC's Central Okanagan region," said Diana Reid, Senior Vice
President and Managing Director, BC Region, BMO Harris Private Banking. "Our
team of experienced professionals is looking forward to serving the needs of
clients in the Kelowna area with the same dedication and commitment with which
we serve clients across Canada."
    BMO Harris Private Banking, a member of BMO Financial Group, serves the
needs of affluent clients and their families; helping them with a wide range
of complex financial issues. Modeled on the highly-regarded private banking
business of Harris Bank, BMO's Chicago-based U.S. subsidiary, which has been
managing money for clients for more than 100 years, the opening of the office
signals a confidence in market opportunities to serve the needs of the
region's affluent citizens.

    Media are invited to the Grand Opening of BMO Harris Private Banking's
Kelowna Office.


    WHEN:    Wednesday, June 18, 2008 from 4:30 p.m.

    WHERE:   BMO Harris Private Banking, 327 Bernard Avenue, Kelowna

    WHAT:    Opening ceremony with reception, speeches and ribbon cutting
             Donation announcement to the Central Okanagan Foundation

    WHO:     City of Kelowna Councillor Norm Letnick
             Rosalind Neis, Mayor of the District of Westside
             Counsellor from the Westbank First Nations
             Graham Parsons, Executive Vice President, Global Private
             Banking, BMO Financial Group
             Diana Reid, Senior Vice-President & Managing Director, BMO
             Harris Private Banking, BC
             Tom Klick, Director and Senior Private Banker, BMO Harris
             Private Banking, Kelowna
             Representative, Central Okanagan Foundation

For further information:

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

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