Bank of Montreal today introduced an industry leading 5%, five-year GIC. The bank also launched an RRSP Premium Rate Savings Account.

The new offers are part of the bank’s Help Provided program, which was established to help personal and business customers.

“Our customers are looking for advice, assistance and assurance that their financial affairs are managed effectively,” said Maurice Hudon, president, Personal Banking Products, Bank of Montreal. “By combining the expertise of our investment professionals with unique tools and attractive product offers, we are providing our customers with a compelling reason to look to us for help with their financial needs.”

Hudon said the Help Provided program and the newest offers are an incentive for personal and business customers to begin a conversation with the bank’s investment and banking professionals during the RSP season.

The bank has continued to expand its sales force to meet the wide-ranging needs of its investing clients. Almost 800 Investment Fund Specialists and BMO Nesbitt Burns Resident Investment Advisors are located in branches across the country to provide advice and investment solutions ranging from mutual funds and term investment products to more complex portfolio issues.

“It’s especially important, given the economic uncertainty, to encourage our customers to meet with an investment professional to review their plans, consider their options and let us help them achieve their financial goals,” said Hudon. “We want our short-term offers to help build long-term relationships with our customers.”