Downtown Sudbury Bank of Montreal slated to close next year

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Downtown Sudbury Bank of Montreal slated to close next year
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The Bank of Montreal building at 79 Durham St. will be vacated, with clients anticipated to transition to the renovated branch at Four Corners Plaza by April 26, 2024

The Bank of Montreal building at 79 Durham St. in Sudbury’s downtown core is closing by April 26, 2024.

“We are working with branch employees to help them find other opportunities in the bank,” the spokesperson noted in their initial response.Downtown Sudbury Business Improvement Area co-chair Jeff MacIntyre said that while it’s disappointing to see anyone leave the neighbourhood, the change could have a silver lining.

“When you don’t have a lot of traffic going into these buildings, it creates an opportunity when the bank leaves to try and bring businesses in that might ,” he said. The National Bank relocated to New Sudbury from its Elm Street location in Downtown Sudbury in late 2021. Recent years have also seen Desjardins make a large investment in locating their office in Elm Place and ScotiaMcLeod take shape at 104 Beech St., both of which downtown.

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