$1.4 Million
Investment by BMO Bank of Montreal for New Branch in Halifax
HALIFAX, April
2, 2003 - BMO Bank of Montreal today announced plans to construct
a state-of-the-art, 5,000 square foot branch on a new site in the Halifax
Shopping Centre Annex located on Mumford Road.
"We are excited
and proud to share this investment of more than $1.4 million with our
customers and the citizens of Halifax," said Trevor Green, Vice-President
for Nova Scotia at BMO Bank of Montreal. "Our new branch, equipped
with the latest technology, will be staffed by a team of 19 highly experienced
banking professionals who will offer our customers a broad range of
banking and specialized financial services, highly personalized service
and integrated financial solutions."
"This investment
is proof of our commitment to grow our business in Halifax and to offer
our customers added services and expertise under one roof, in a convenient
and easily accessible location," added Carol Snider, Senior Vice-President
for Atlantic Canada at BMO Bank of Montreal.
The new Mumford
Road Branch staff will include the following:
- Customer Service
Representatives dedicated to fast and friendly transactional services;
- Financial Service
Managers, who will meet with clients in private surroundings to advise
them on made-to-measure financial solutions;
- A team of dedicated
Commercial Relationship Managers to fully service the needs of the
business community; and
- An Investment
Fund Specialist and an Investment Advisor from BMO Nesbitt Burns who
will deliver top-tier wealth management and investment services.
Customers' access
to financial services will be expanded and enhanced in several ways,
including:
- Extended and
convenient hours which will include Saturday openings;
- Two Instabank
Extra automated banking machines, accessible 24 hours a day, as well
as a drive-thru automated banking machine enabling customers to bank
from the comfort of their cars;
- A Resource Café
with interactive workstations with access to the Internet and BMO
Online Banking to constantly provide customers with the latest information
relative to their financial needs; and
- An extensive,
easily accessible customer parking area.
Construction of
the new branch will begin shortly and the official opening is set for
mid-August 2003. At that time, the West End Mall and Novalea Drive branches
of BMO Bank of Montreal will be amalgamated into the new branch.
BMO Bank of Montreal
is a member of BMO Financial Group (TSX, NYSE: BMO), one of the largest
financial services providers in North America. BMO Bank of Montreal
has 27 branches and more than 300 employees in Nova Scotia.
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Contacts:
Mike Conklin, Halifax, (902) 421-3385
Ron Monet, Montreal, (514) 877-1101