Pair of banks abandoning Brandon’s downtown
BRANDON — Two of Canada’s major banks are set to relocate from their longstanding downtown Brandon locations in October. BMO will close its branch on Rosser Avenue and move to […]
Brandon is set to lose two of its long-standing downtown bank branches in October. The first annual subscription fee for the relocations is $205.00 plus GST for one year, with automatic renewal at $233.00 plus GST every 52 weeks. Offer is available for new and qualified returning subscribers only, with the option to cancel at any time.
BMO Bank of Montreal will close its branch on Rosser Avenue and relocate to a new location on Park Avenue. Royal Bank of Canada (RBC) will consolidate its Rosser branch with its existing branch on 18th Street. Neither bank owns the downtown property and cannot say what will happen to the buildings after they vacate.
BMO's move to Park Avenue is described as an investment in the Brandon community. Jeff Roman, BMO spokesperson, expressed excitement about the opening of the new, modernized branch. The new location will feature an expanded footprint and a refreshed presence in the city.
RBC's downtown branch consolidation is set to occur 10 days after BMO's relocation. There will be no job losses due to the change, as RBC has completed significant renovations at its 18th & Van Horne location to support the transition. Tracey Schofield, RBC regional vice-president, encouraged clients to visit the new location to experience the improvements.
Written by urgent.news from Winnipeg Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
