| VANCOUVER,
BC, October 26,
2009 – BMO Bank of Montreal today opened its newest full
service branch in Vancouver at 3263 Kingsway Avenue.
The Renfrew - Collingwood – Killarney area is a busy commercial
and residential area known for its multicultural diversity. The Kingsway & Cecil
branch is on a major thoroughfare between Vancouver and Burnaby, and
is only three blocks from the Joyce Street Skytrain Station.
“The new BMO branch in the former Collingwood Town Centre, a popular
shopping destination, makes for an ideal location within a dynamic family-oriented
neighbourhood,” said Kulwinder Sidhu, Branch Manager, BMO Bank
of Montreal.
“Residents have access to financial advice, whether it’s
finding the right mortgage solution or planning for retirement, and they
can start putting money back in their pockets by taking advantage of
our BMO SmartSteps initiative,” added David Eleiter, Personal Banking
Area Manager, BMO Bank of Montreal.
“BMO is here to help customers Make
Money Make Sense, especially
during these economic times. We are pleased to offer historically low
mortgage rates as well as other cost saving advice,” said Mr. Eleiter. “With
BMO, homebuyers have the ability to lock in at historically low rates
if they are not ready to buy at this time, and our First Home Essentials
Kit can provide a step-by-step guide to entering the real estate market.”
“A diverse range of sectors makes Vancouver an ideal stomping
ground for small businesses in the services, industrial and resource
industries,” said Dr. Sherry Cooper, Chief Economist, BMO Capital
Markets, in the recent Canada’s Small Business Juggernaut Report
issued by BMO Economics. “Longer-term, Vancouver is ideally located
as an access point to fast-growing Asian markets, and small business
will benefit as trade to that region continues to expand”, she
added.
Customers can expect:
- A highly experienced, multi-lingual team of 11 financial services professionals
including access to a financial planner, mortgage specialist, commercial
banker and a BMO Nesbitt Burns investment advisor;
- Commercial account and deposit services;
- Two Instabank automated banking machines (ABMs);
- Ample free parking for BMO customers in the underground parkade; and
- Full wheelchair accessibility.
Hours of operation are:
Monday to Thursday 9:30 am - 4:00 pm
Friday 9:30 am - 6:00 pm
Saturday 9:30 am - 4:00 pm
Customers are invited to come
into the branch for a 20 minute conversation on ways to save money. “Our new BMO SmartSteps program delivers
a straightforward approach that can add up to real savings for customers
through reduced fees, lower interest costs and less money going towards
taxes,” said Henry Donkers, Vice-President, Vancouver District,
BMO Bank of Montreal.
These tips include:
1. Generate automatic monthly savings;
2. Minimize banking fees;
3. Take years off of mortgage payments and become debt-free quicker;
4. Open a Tax Free Savings Account
5. Automate money transfers to avoid extra fees.
The Kingsway and Cecil branch
joins other new BMO branches in British Columbia that are part of the
bank’s Green Energy Initiative. All
new branches in B.C., Alberta and Ontario are Bullfrog-powered. BMO is
committed to purchase over 8,300 megawatt hours of emission free electricity
annually - generated from clean, renewable sources like wind power and
low-impact hydro.
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