BMO Bank of Montreal Comes to Lloydminster
BMO Invests $1.5 Million in Growing Border City and Adds Green Power to New Branch – A First for Lloydminster

LLOYDMINSTER, AB, December 3, 2007 – BMO Bank of Montreal opened the doors to a new $1.5 million branch in Lloydminster today. It is conveniently located at 3812 – 50th Avenue, in Southridge Commons commercial development, just a few blocks south of the Yellowhead Highway.

BMO also announced that the Lloydminster branch is the second branch in Alberta that will receive its electricity from Bullfrog Power – the first bank branch and the first business in Lloydminster to be “bullfrogpowered”. Homes and businesses in Ontario and Alberta will receive electricity generated from clean, renewable sources like wind power and low-impact hydro. BMO has purchased 5,000 Megawatt Hours per year of clean, emission-free electricity from Bullfrog Power.

“The opening of the Lloydminster branch demonstrates our commitment to meeting the growing needs of consumers in this busy border city,” said Wes Taylor, Vice President, South, Central, North Alberta and N.W.T., BMO Bank of Montreal. He added, “This is good for our customers and good for Lloydminster’s economic growth.”

“By bringing our expertise and services under one roof, our customers in the area will now have easy “off-the-street” access to a broad range of professional banking and investment services at a centralized location close to where they live, work and shop,” said Carrie Brooks, Lloydminster Branch Manager, BMO Bank of Montreal. Ms. Brooks added, “We are very excited to be back in the city and are eager to get involved in community activities.”

“Our friendly, knowledgeable staff are eager to sit down with our customers and help them understand the wide range of products and services BMO has to offer. We can help our customers make the right decisions with their money,” said Ms. Brooks.

The 6,500 sq. ft. branch will have a staff of 13 banking and investment professionals, is located near major retail and commercial developments and features:

  • A highly experienced team of in-house experts – including personal and commercial banking managers, a financial planner, and a mortgage specialist;
  • Offices where clients can have meaningful financial discussions in private;
  • Two Instabank Extra automated banking machines (ABM), including a drive-through ABM;
  • Ample on-site parking for BMO customers; and
  • Full wheelchair accessibility.

“Plus if you’re one of the 9 million AIR MILES collectors in Canada, we have another reason for you to bank with BMO. Now our customers can collect AIR MILES reward miles whenever and wherever they make purchases using their BMO Bank of Montreal debit card,” noted Mr. Taylor. “We’re unique in the marketplace, no other bank can help you collect faster and redeem quicker and we are the only major financial institution that rewards debit purchases with access to a comprehensive choice of more than 800 reward and travel options, added Mr. Taylor.

The new branch will operate from 10:00 am to 4:00 pm on Mondays, Tuesdays and Wednesdays; 10:00 am to 6:00 pm on Thursdays and Fridays; and 10:00 am to 3:00 pm on Saturdays.

The Lloydminster branch will hold an official grand opening celebration on Saturday, January 19, 2008.

BMO Bank of Montreal now operates 107 branches in Alberta, of which 23 are In-Store branches in Canada Safeway, offering seven day service.

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For Media Relations Enquiries:

Laurie Grant, laurie.grant@bmo.com, (604) 665-7596