Some Banks May Ask, What's Wrong With Paying the Price of a Latte For Your Student Banking Plan?

    BMO Bank of Montreal asks students, "Why pay anything at all?"

    TORONTO, March 29 /CNW/ - Some banks boast that their student banking
plan costs $3.45 - less than the cost of a latte for 25 transactions a month.
BMO Bank of Montreal offers a better plan - 30 transactions per month
absolutely free!! Additionally, under BMO's student package, students receive
cheque return and one Interac Email Money Transfer.
    "We all know school can get expensive," said Sid Chopra, Director,
Everyday Banking. "Our plan helps students concentrate on what's most
important - getting an education. Our message to students is, 'let's have a
conversation about how we can help you meet your financial needs.'"

    Established in 1817 as Bank of Montreal, BMO Financial Group is a highly
diversified North American financial services organization. With total assets
of $356 billion as at January 31, 2007, and more than 35,000 employees, BMO
provides a broad range of retail banking, wealth management and investment
banking products and solutions. BMO Financial Group serves clients across
Canada through its Canadian retail arm, BMO Bank of Montreal, and through its
wealth management firms BMO Nesbitt Burns, BMO InvestorLine and BMO Harris
Private Banking. BMO Capital Markets, our North American investment and
corporate banking division, provides a full suite of financial products and
services to our North American and international clients. In the United
States, BMO serves clients through Chicago-based Harris, an integrated
financial services organization that provides more than one million personal
and business clients with banking, lending, investing, financial planning,
trust administration, portfolio management, family office and wealth transfer

For further information:

For further information: Ralph Marranca, Toronto,, (416) 867-3996; Ronald Monet, Montreal,, (514) 877-1101; Laurie Grant, Vancouver,, (604) 665-7596; Internet:

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