TORONTO, ONTARIO — (Marketwire) — 02/11/13 — BMO Bank of Montreal today announced the opening of its new full-service banking branch at 710 Markland Street, located in Markham. The opening is BMO-s eighth branch in the city.
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:
“The GTA represents the heart of the Canadian economy, home to a diverse range of Fortune 500 businesses,” said Robert Kavcic, Senior Economist, BMO Capital Markets. “Markham is an important and fast-growing part of the Toronto economy and has seen its population more than double since 1990.”
“We-re excited to be opening our doors to our eighth branch in the fast-growing city of Markham,” said Gaganjyot Bhurjee, Branch Manager, BMO Bank of Montreal. “With RRSP season in full-swing, we encourage everyone to drop by our new branch to learn about a Continuous Savings Plan, or CSP.”
Ms. Bhurjee added that a CSP eases the cost of investing away from one annual deposit, and helps to increase savings. A 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.
The new branch-s extended hours of operation are:
The grand opening celebration will take place on April 27, 2013.
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 solutions.
Contacts:
Media Contacts:
Kristine Galvan, Toronto
(416) 867-3996
Twitter: @BMOmedia