BMO Bank of Montreal Opens New Branch in Fast-Growing City of Guelph-Now Open
- BMO branch represents a $1.4 million investment in the community
- Offering customers extended banking hours, including Saturdays
- 'Making Money Make Sense' in three different languages
GUELPH, ONTARIO -- (Marketwire) -- 02/25/13 -- BMO Bank of Montreal
today announced the opening of its newly relocated full-service
banking branch in Guelph, now located at Woodlawn & Woolwich. The
branch was previously located at Speedvale & Edinburgh.
The new branch offers customers extended banking hours and is
designed to provide a great banking experience through a variety of
financial services and conveniences, including:
-- A coin counter - a simple-to-use kiosk which counts your loose change;
-- Services provided in three different languages, including investment
banking, mortgages and RRSPs;
-- Access to commercial account and deposit services - including a 24 hour
depository for small business after-hours use;
-- Two ATMs - including a drive-thru ATM; and
-- Barrier-free access.
"Guelph boasts a diversified economy and fast-growing population,"
said Robert Kavcic, Senior Economist, BMO Capital Markets. "The
city's population expanded 1.8 per cent in the past year, comfortably
above the rest of Ontario and the more modest 1.2 per cent national
"We're excited to be opening our doors to our Woodlawn and Woolwich
branch in the fast-growing city of Guelph," said Trevor Reid, Branch
Manager, BMO Bank of Montreal. "With the RRSP contribution deadline
fast approaching, we encourage everyone to drop by our new branch to
talk about their retirement planning needs and learn about the
important role a Continuous Savings Plan can play in effectively
saving for retirement."
A Continuous Savings Plan (CSP) regularly and automatically withdraws
a specific amount of money from an individual's bank account and
invests it directly into his or her RRSP. A CSP eases the cost of
investing away from one annual deposit, and helps to increase
In celebration of the branch opening, customers who open a new Smart
Saver Account or a Kids' Discounted Premium Rate Savings Account by
March 31st will have their first deposit matched by BMO up to $25.
The new branch's extended hours of operation are:
-- 9 a.m. to 6 p.m. Monday to Wednesday;
-- 9 a.m. to 8 p.m. Thursday and Friday; and
-- 9 a.m. to 4 p.m. Saturday.
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a
highly-diversified North American financial services organization.
With total assets of $525 billion as at October 31, 2012, and more
than 46,000 employees, BMO Financial Group provides a broad range of
retail banking, wealth management and investment banking products and
Kristine Galvan, Toronto
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