BMO Financial Group

BMO Financial Group

August 31, 2011 10:31 ET

BMO Sets Up Interim Banking Services in Goderich

BMO Bank of Montreal makes interim arrangements to serve Goderich and area customers while tornado-damaged branch is repaired

GODERICH, ONTARIO--(Marketwire - Aug. 31, 2011) - BMO Bank of Montreal announced today a series of measures designed to ensure continued banking services for customers in Goderich.

BMO will operate a trailer which will provide full customer service, management staff, and private offices for meetings. The trailer will be open for business the week of September 6 and will be located in the parking lot of the Suncoast Mall, beside the Solo Gas Bar at Highway #21.

In addition, two cash-dispensing ATMs will be installed inside the main entrance of the Suncoast Mall. The cash-dispensing ATMs will be available for use by September 2 and fully functional ATMs will be in place within four to six weeks. There will be no surcharge on cash withdrawals for BMO customers using the ATMs.

Repairs to BMO's branch at 128 Courthouse Square will begin within the next few weeks. The branch's expected re-opening date will be announced soon.

"We are committed to looking after our customers' banking needs in the aftermath of this tornado. Our customers and employees have been wonderful in pulling together to manage through the crisis. We want to thank them for their patience and understanding as we set up our interim banking services," said Joanne Trahan, BMO Branch Manager, Goderich.

Until the temporary arrangements are in place, customers can visit nearby BMO locations in Clinton, Ontario, or use our telephone, online or mobile banking services.

BMO Financial Group and its employees donated $40,000 to the Goderich Disaster Relief Fund, and BMO branches in Ontario are accepting donations on behalf of the Goderich Disaster Relief Fund.

BMO's relief program for tornado victims includes:

  • Deferral of personal loan payments (various options);
  • Deferral of mortgage loan principal and interest payments for a period of two months;
  • Special accommodations for BMO Bank of Montreal commercial clients affected by the damages, which are being developed on a case-by-case basis.

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