MISSISSAUGA, ONTARIO, Apr 14, 2012 (MARKETWIRE via COMTEX) –
BMO Bank of Montreal invites customers and members of the community
to celebrate the grand opening of its new full-service branch in
Mississauga at 6085 Creditview Road, located at the intersection of
Creditview Road and Britannia Road West, on Saturday, April 14, 2012.
The new branch represents an investment of $1.1 million into the
community.
The new open-concept branch is designed to create a welcoming,
comfortable banking experience and offers a variety of financial
services and conveniences including:
— A free coin counting machine: a simple-to-use kiosk which counts your
loose change;
— A team of eleven financial professionals including a resident Mortgage
Specialist.
— Services provided in seven different languages;
— Access to commercial account and deposit services;
— Two ATMs; and
— Barrier-free access.
Mississauga is Canada's sixth most populous city, with growth
projections of 11 per cent over the next five years. "Mississauga
continues to see strong housing activity, with sales running near the
10-year average after a very strong post-recession surge, and average
prices holding at record levels in recent months," said Robert
Kavcic, Economist, BMO Capital Markets. "A diverse labour market and
steady population growth continue to support economic activity in the
city."
"With the spring home buying season underway, we encourage new and
existing members of the community to come in and speak with our team
about their home financing needs," said Christopher Holgate, Branch
Manager, BMO Bank of Montreal. "BMO offers a new 10-year mortgage
with a maximum 25-year amortization, which is modeled after our
award-winning 5-year maximum 25-year amortization mortgage."
Mr. Holgate added that choosing a shorter amortization allows
Canadians to build equity sooner and save on interest costs. For
example, on a $400,000 mortgage at a five per cent interest rate,
moving from a 30-year to a 25-year amortization can save upwards of
$70,000 in interest over the life of the mortgage.
In celebration of the grand opening, customers who use BMO's new Coin
Counter at the Britannia & Creditview branch and deposit the funds
into a new Premium Rate Savings Account before May 31, 2012 will
receive a matched deposit from BMO of up to $25.
In addition, customers who open a new BMO Kids Discounted Banking
Plan and deposit $25 before April 30th, 2012 will receive another $25
from BMO to help kick-start their child's savings. For more
information, please visit
www.bmo.com/smartparentspromo .
BMO SmartSteps for Parents is part of BMO's ongoing commitment to
Making Money Make Sense. Since 2009, BMO has introduced various tools
to help Canadians stay on top of their personal finances, including
BMO SmartSteps, BMO SmartSteps for Business, BMO SmartSteps for
Students, BMO SmartSteps for Investing and BMO MoneyLogic.
BMO's new Creditview Road branch hours of operation are:
-- 9:30 a.m. to 4:30 p.m. Monday to Wednesday;
-- 9:30 a.m. to 8:00 p.m. Thursday and Friday;
-- 9:30 a.m. to 3:00 p.m. Saturday; and
-- 12:00 p.m. to 4:00 p.m. Sunday.
Grand Opening Details:
Who: Brad Butt, MP, Mississauga - Streetsville
Bob Delaney, MPP, Mississauga - Streetsville
Ron Starr, Councillor, Ward 6, City of Mississauga
George Carlson, Councillor, Ward 11, City of Mississauga
Andrew Auerbach, Senior Vice President, BMO Bank of Montreal
John MacAulay, District Vice President, BMO Bank of Montreal
Jennifer Noordijk, Personal Banking Area Manager, BMO Bank of
Montreal
Christopher Holgate, Branch Manager, BMO Bank of Montreal
What: Grand Opening Celebration - Britannia & Creditview Branch
- Great giveaways and a raffle draw for a chance to win a $600 gift
card to Great Wolf Lodge
- Formal celebration and ribbon-cutting ceremony
- Formal celebration and ribbon-cutting ceremony
- Family-fun activities including face painting, a roaming magician,
balloon twister, a bouncy castle, photo opportunities with BMO the
Bear and a complimentary BBQ
When: Saturday, April 14, 2012, from 11:00 a.m. - 2:00 p.m.
- Speeches and ribbon-cutting will commence at 12:00 noon
Where: BMO Bank of Montreal: 6085 Creditview Road, Unit 1, Mississauga, ON
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 $538 billion as at January 31, 2012, and more
than 47,000 employees, BMO Financial Group provides a broad range of
retail banking, wealth management and investment banking products and
solutions.
Contacts:
Media Contact:
Jessica Park, Toronto
(416) 867-3996
jessica1.park@bmo.com
Veronica Bart, Toronto
(416) 867-3996
veronica.bart@bmo.com
www.bmo.com Twitter: @BMOmedia
SOURCE: BMO Bank of Montreal
mailto:jessica1.park@bmo.com
mailto:veronica.bart@bmo.com
http://www.bmo.com
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