Bank of Montreal to Shut Store Kiosks: Report

Bank of Montreal plans to shutter 107 “satellite” locations, mainly in supermarkets, reports said Monday.

MONTREAL — Bank of Montreal plans to shutter 107 “satellite” locations, mainly in supermarkets, reports said Monday. The majority of the branches, located in Safeway Canada, Sobeys, IGA and Metro stores, would close by April, according to the report in the Globe and Mail newspaper. The bank told the newspaper that its customers preferred full-service banks.

Read More of Today's Headlines

Register to view the full article

Already a member? .