Bank of Montreal plans 130 new branches in California
The lender will add over 130 locations in California and 15 in Arizona over five years. This expansion follows the major 2023 acquisition of Bank of the West.
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Bank of Montreal has announced a significant expansion of its retail footprint in the United States, with plans to open more than 130 new financial centers in California and approximately 15 in Arizona over the next five years. This strategic move follows the lender's decision last year to sell several branches across the nation as it pivots toward markets with higher client engagement and long-term growth potential.
