Average User Rating:
5 star rating based on 1 review.

Harris National Association

111 West Monroe Street
Chicago, IL 60603
1-888-340-BANK (2265)
www.harrisbank.com

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Harris National Association is headquartered in Chicago and is the largest bank in the state of Illinois. It is also the 21^st largest bank in the nation. It was established in 1947 and as of March of 2012, it had grown to 12,012 employees at 717 locations. Harris National Association's savings rates are 92% higher than the national average, and it has a 4-star health rating.

$1,000 Business Checking Promotion At Harris Bank In IL, WI & IN (Forum) - 8/2/2010

This might be a decent deal for business owners. There appears to be many fees that may reduce the value of the bonus, but they don't appear to come close to the amount of this bonus. Promotion Link at Harris Bank Open a new analyzed business checking a

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See Rates for: Checking | Savings | Money Market | CD | IRA

Harris National Association Checking Account Rates

Apy	Min	Max	Product
0.10%^†	$25k	-	Platinum Plus Checking
0.01%^†	-	-	Interest Checking
0.01%^†	-	-	Interest Gold Checking
0.01%^†	-	-	Smart Sweep Checking
0.01%^†	$1,500	-	Senior Gold Checking
0.01%^†	$1,500	-	Harris Senior Advantage Checking
0.01%^†	$1,500	-	Senior Checking

Harris National Association Savings Account Rates

Apy	Min	Max	Product
1.00%^†	$10k	-	Health Savings Account
0.15%^†	$75k	-	IRA Premium Savers
0.15%^†	$75k	-	Premium Savers
0.15%^†	$75k	-	Roth IRA Premium Savers
0.15%^†	$75k	-	CESA Premium Savers
0.05%^†	$25k	-	Statement Savings
0.01%^†	-	-	Minor Savings

Harris National Association Money Market Rates

Apy	Min	Max	Product
0.65%^†	$100k	-	Relationship Money Market
0.10%^†	$10k	-	IRA Prime Money Market Savings
0.10%^†	$25k	-	Money Market
0.10%^†	$10k	-	Roth IRA Prime Money Market Savings
0.10%^†	$10k	-	CESA Prime Money Market Savings

Harris National Association CD Rates

Apy	Min	Max	Product
1.50%^†	$100k	-	60 Month CD - $100,000 Min
1.45%^†	$5k	-	60 Month CD - $5,000 Min
1.40%^†	$1k	-	60 Month CD - $1,000 Min
1.25%^†	$100k	-	48 Month CD - $100,000 Min
1.20%^†	$5k	-	48 Month CD - $5,000 Min
1.15%^†	$1k	-	48 Month CD - $1,000 Min
1.05%^†	$100k	-	36 Month CD - $100,000 Min
1.00%^†	$5k	-	36 Month CD - $5,000 Min
0.95%^†	$1k	-	36 Month CD - $1,000 Min
0.95%^†	$100k	-	30 Month CD - $100,000 Min
0.90%^†	$5k	-	30 Month CD - $5,000 Min
0.85%^†	$1k	-	30 Month CD - $1,000 Min
0.85%^†	$100k	-	24 Month CD - $100,000 Min
0.80%^†	$5k	-	24 Month CD - $5,000 Min
0.75%^†	$1k	-	24 Month CD - $1,000 Min
0.75%^†	$100k	-	18 Month CD - $100,000 Min
0.70%^†	$5k	-	18 Month CD - $5,000 Min
0.65%^†	$1k	-	18 Month CD - $1,000 Min
0.40%^†	$100k	-	12 Month CD - $100,000 Min
0.35%^†	$5k	-	12 Month CD - $5,000 Min
0.30%^†	$1k	-	12 Month CD - $1,000 Min
0.25%^†	$100k	-	9 Month CD - $100,000 Min
0.20%^†	$5k	-	9 Month CD - $5,000 Min
0.15%^†	$1k	-	9 Month CD - $1,000 Min
0.15%^†	$100k	-	3 Month CD - $100,000 Min
0.15%^†	$100k	-	6 Month CD - $100,000 Min
0.10%^†	$5k	-	3 Month CD - $5,000 Min
0.10%^†	$5k	-	6 Month CD - $5,000 Min
0.10%^†	$100k	-	1 Month CD - $100,000 Min
0.10%^†	$100k	-	2 Month CD - $100,000 Min
0.05%^†	$1k	-	3 Month CD - $1,000 Min
0.05%^†	$1k	-	6 Month CD - $1,000 Min

Harris National Association IRA Rates

Apy	Min	Max	Product
1.50%^†	$100k	-	60 Month IRA - $100,000 Min
1.50%^†	$100k	-	60 Month Roth IRA - $100,000 Min
1.50%^†	$100k	-	60 Month CESA - $100,000 Min
1.45%^†	$5k	-	60 Month IRA - $5,000 Min
1.45%^†	$5k	-	60 Month Roth IRA - $5,000 Min
1.45%^†	$5k	-	60 Month CESA - $5,000 Min
1.40%^†	$1k	-	60 Month IRA - $1,000 Min
1.40%^†	$1k	-	60 Month Roth IRA - $1,000 Min
1.40%^†	$1k	-	60 Month CESA - $1,000 Min
1.25%^†	$100k	-	48 Month IRA - $100,000 Min
1.25%^†	$100k	-	48 Month Roth IRA - $100,000 Min
1.25%^†	$100k	-	48 Month CESA - $100,000 Min
1.20%^†	$5k	-	48 Month IRA - $5,000 Min
1.20%^†	$5k	-	48 Month Roth IRA - $5,000 Min
1.20%^†	$5k	-	48 Month CESA - $5,000 Min
1.15%^†	$1k	-	48 Month IRA - $1,000 Min
1.15%^†	$1k	-	48 Month Roth IRA - $1,000 Min
1.15%^†	$1k	-	48 Month CESA - $1,000 Min
1.05%^†	$100k	-	36 Month IRA - $100,000 Min
1.05%^†	$100k	-	36 Month Roth IRA - $100,000 Min
1.05%^†	$100k	-	36 Month CESA - $100,000 Min
1.00%^†	$5k	-	36 Month IRA - $5,000 Min
1.00%^†	$5k	-	36 Month Roth IRA - $5,000 Min
1.00%^†	$5k	-	36 Month CESA - $5,000 Min
0.95%^†	$100k	-	30 Month IRA - $100,000 Min
0.95%^†	$1k	-	36 Month IRA - $1,000 Min
0.95%^†	$100k	-	30 Month Roth IRA - $100,000 Min
0.95%^†	$1k	-	36 Month Roth IRA - $1,000 Min
0.95%^†	$100k	-	30 Month CESA - $100,000 Min
0.95%^†	$1k	-	36 Month CESA - $1,000 Min
0.90%^†	$5k	-	30 Month IRA - $5,000 Min
0.90%^†	$5k	-	30 Month Roth IRA - $5,000 Min
0.90%^†	$5k	-	30 Month CESA - $5,000 Min
0.85%^†	$100k	-	24 Month IRA - $100,000 Min
0.85%^†	$1k	-	30 Month IRA - $1,000 Min
0.85%^†	$100k	-	24 Month Roth IRA - $100,000 Min
0.85%^†	$1k	-	30 Month Roth IRA - $1,000 Min
0.85%^†	$100k	-	24 Month CESA - $100,000 Min
0.85%^†	$1k	-	30 Month CESA - $1,000 Min
0.80%^†	$5k	-	24 Month IRA - $5,000 Min
0.80%^†	$5k	-	24 Month Roth IRA - $5,000 Min
0.80%^†	$5k	-	24 Month CESA - $5,000 Min
0.75%^†	$100k	-	18 Month IRA - $100,000 Min
0.75%^†	$1k	-	24 Month IRA - $1,000 Min
0.75%^†	$100k	-	18 Month Roth IRA - $100,000 Min
0.75%^†	$1k	-	24 Month Roth IRA - $1,000 Min
0.75%^†	$100k	-	18 Month CESA - $100,000 Min
0.75%^†	$1k	-	24 Month CESA - $1,000 Min
0.70%^†	$5k	-	18 Month IRA - $5,000 Min
0.70%^†	$5k	-	18 Month Roth IRA - $5,000 Min
0.70%^†	$5k	-	18 Month CESA - $5,000 Min
0.65%^†	$1k	-	18 Month IRA - $1,000 Min
0.65%^†	$1k	-	18 Month Roth IRA - $1,000 Min
0.65%^†	$1k	-	18 Month CESA - $1,000 Min
0.40%^†	$100k	-	12 Month IRA - $100,000 Min
0.40%^†	$100k	-	12 Month Roth IRA - $100,000 Min
0.40%^†	$100k	-	12 Month CESA - $100,000 Min
0.35%^†	$5k	-	12 Month IRA - $5,000 Min
0.35%^†	$5k	-	12 Month Roth IRA - $5,000 Min
0.35%^†	$5k	-	12 Month CESA - $5,000 Min
0.30%^†	$1k	-	12 Month IRA - $1,000 Min
0.30%^†	$1k	-	12 Month Roth IRA - $1,000 Min
0.30%^†	$1k	-	12 Month CESA - $1,000 Min
0.25%^†	$100k	-	9 Month IRA - $100,000 Min
0.25%^†	$100k	-	9 Month Roth IRA - $100,000 Min
0.25%^†	$100k	-	9 Month CESA - $100,000 Min
0.20%^†	$5k	-	9 Month IRA - $5,000 Min
0.20%^†	$5k	-	9 Month Roth IRA - $5,000 Min
0.20%^†	$5k	-	9 Month CESA - $5,000 Min
0.15%^†	$100k	-	3 Month IRA - $100,000 Min
0.15%^†	$100k	-	6 Month IRA - $100,000 Min
0.15%^†	$1k	-	9 Month IRA - $1,000 Min
0.15%^†	$100k	-	3 Month Roth IRA - $100,000 Min
0.15%^†	$100k	-	6 Month Roth IRA - $100,000 Min
0.15%^†	$1k	-	9 Month Roth IRA - $1,000 Min
0.15%^†	$100k	-	3 Month CESA - $100,000 Min
0.15%^†	$100k	-	6 Month CESA - $100,000 Min
0.15%^†	$1k	-	9 Month CESA - $1,000 Min
0.10%^†	$5k	-	3 Month IRA - $5,000 Min
0.10%^†	$5k	-	6 Month IRA - $5,000 Min
0.10%^†	$5k	-	3 Month Roth IRA - $5,000 Min
0.10%^†	$5k	-	6 Month Roth IRA - $5,000 Min
0.10%^†	$5k	-	3 Month CESA - $5,000 Min
0.10%^†	$5k	-	6 Month CESA - $5,000 Min
0.05%^†	$1k	-	3 Month IRA - $1,000 Min
0.05%^†	$1k	-	6 Month IRA - $1,000 Min
0.05%^†	$1k	-	3 Month Roth IRA - $1,000 Min
0.05%^†	$1k	-	6 Month Roth IRA - $1,000 Min
0.05%^†	$1k	-	3 Month CESA - $1,000 Min
0.05%^†	$1k	-	6 Month CESA - $1,000 Min

Rates updated: 5/26/2012

Data for Q1 2012

Harris National Association consists of multiple companies with separate FDIC numbers. Click on an FDIC number to view the health for that company:

16571 - BMO Harris Bank National Association
58216 - Harris Central National Association

Institution Statistics

BMO Harris Bank National Association
FDIC Certificate #	16571
BankRate Report	View
Year Established	1947
Employees	12012
Primary Regulator	OCC
Assets and Liabilities
Assets	$94.83 billion
Loans	$49.92 billion
Deposits	$73.25 billion
Equity Capital	$13.78 billion
Loan Loss Allowance	$823.57 million
Unbacked Noncurrent Loans	$2.06 billion
Real Estate Owned	$260.33 million
Historic Data - March 2011
Assets	$49.89 billion
Equity Capital	$4.97 billion
Loan Loss Allowance	$716.53 million
Unbacked Noncurrent Loans	$735.61 million
Real Estate Owned	$14.12 million
Profit Margin - Quarterly
Net Interest Margin	3.54%
Return on Assets	0.42%
Return on Equity	2.93%
Interest Income	$812.31 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Harris National Association had $2.32 billion in non-current loans and owned real-estate with $14.6 billion in equity and loan loss allowances on hand to cover it. This gives Harris National Association a Texas Ratio of 15.87% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Harris National Association held steady from 13.20% as of March 31, 2011 to 15.87% as of March 31, 2012, resulting in a negative change of 20.19%. This indicates that the balance sheet and financial strength for Harris National Association has held steady in recent periods.
Deposit Growth
In the past year, Harris National Association has increased its total deposits by $36.34 billion, resulting in 98.45% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Harris National Association has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Harris National Association has $94.83 billion in assets with $14.6 billion in equity, resulting in a capitalization level of 15.40%, which is excellent.