BMO Harris Bank
BMO Harris Bank is headquartered in Chicago and is the 2nd largest bank in the state of Illinois. It is also the 28th largest bank in the nation. It was established in 1947 and as of June of 2018, it had grown to 11,567 employees at 602 locations. BMO Harris Bank has an A health rating.
Related Posts
2/26 - BMO Harris Bank Has A Special Rate 60-Month CD
1/29 - 2% 18 Month CD At BMO Harris Bank
7/3 - BMO Harris Bank Adds CD Specials (Checking Relationship)
5/10 - BMO Harris Bank's $200 Checking Bonus Available Nationwide
3/2 - Earn $200 Checking Bonus At BMO Harris Bank
2/28 - $200 Checking Bonus From BMO Harris Bank
2/21 - BMO Harris Bank Adds Three Relationship CD Specials
4/29 - $200 Checking Bonus Has Been Extended At BMO Harris
6/19/14 - Up to $200 Checking Account Bonus at BMO Harris Bank
3/19/14 - BMO Harris $200 Checking Account Bonus - May Be Targeted
3/11/13 - Up to $200 Checking Account Bonus at BMO Harris Bank in Some States
8/2/10 - $1,000 Business Checking Promotion At Harris Bank In IL, WI & IN
11/11/09 - $150 Checking Account Bonus at Harris Bank
9/1/09 - $150 Checking Account Bonus at Southwest Bank in Missouri - Local Only
3/13/09 - 3.00% 10-Month CD & 3.75% 39-Month CD at AMCORE Bank in IL & WI
1/20/09 - 4.00% 39-Month CD and 3.50% 10-Month CD at Amcore Bank in IL and WI
10/24/08 - 4.50% 7-Month / 5.10% 60-Month CD at Harris Bank
7/19/08 - 5.00% 39-Month / 4.00% 19-Month CD at an IL/WI Bank (Amcore)
5/24/08 - 4.70% 60-Month / 3.60% 20-Month CD at M&I Bank
4/20/08 - 4.50% 60-Month CD at M&I Bank
1/9/06 - CD Specials (5% 13-mo) at an Indiana Bank
Good customer service
Harris bank has good customer service but is lacking in products and fees. They had a good partnership with local elementary schools to help kids start saving. This was great as it gave the community a jump start and showed that they cared. I am happy I got a chance to know the local tellers and start my understanding of savings with them.
Good bank
Bmo Harris is an amazing bank. They have overdraft protections, low banking fees, amazing customer service. I have overdrew my account a couple of times and I called them and they were able to remove all of the fees from overdrawing my account and I just owed how much I overdrew. They really care about you and will do whatever they can to help you.
It's A Good Bank
The worst experience I'm having with this bank! The bankers are frustrating, you say something they don't like, they get in there feelings and delay your requests just to inconvenience you more. Whenever you need something, you need to mail or fax in a request to get it, then you have to wait for approval, and if they feel like being nice, will send or transfer your request either later in the evening or early the next day. They're racist as well because whenever I have my husband (white man) going in to do business with them, they treat him very well, greeting him with a smile and helping him right away, before you know, he's already out the door feeling like the king he thinks he is. But when I walk in (Hispanic woman) I'm waiting for several minutes, I say the longest I've waited to be helped was half an hour when I obviously see employees standing to the side drinking their coffee, taking calls and talking to each other, I don't get greeted with a warm welcome, not even a smile, and all of a sudden, there's a problem with my request. An hour later they figure out the situation and send me on my way. My husbands brother goes in and is treated the same as my husband. My sister goes in for me and she's treated as poorly as I am. What is going on? My daughter was rushed to the hospital because she was having a seizure. The bill came in, of course medical insurance paid for half but it was hard to get the other half paid off because BMO was the only bank we transferred all our funds in, first they needed proof of her hospital bill and I just refused due to frustration while I would just ask my dad for help. But of course, as soon as my husband spoke to them, he got the funds right away. A friend of mine is mad at me because I told her about this bank in the first place. So she along with her father joined this bank as well, just to be going through what I was going through. We all found a credit union that we're all very satisfied with. Good bank for security purposes and financial advisory though
DO NOT BANK WITH BMO HARRIS
BMO Harris is an awful bank to store your money if you need access to it. Froze my new account twice in one week. Today is Saturday and no one could help me until Monday. Well, what should I do until then? Oh by the way because I work Monday through Friday from 9-5, I won't be able to visit a branch until next Saturday. Thanks BMO. #donotbankwithbmo #davidcasper
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 16571 |
| Year Established | 1947 |
| Employees | 11567 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.82% |
| Return on Equity - YTD | 5.91% |
| Annual Interest Income | $1.82B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $113.2B$106.2B |
| Loans | Q2 2018vs Q2 2017 | $74.41B$64.97B |
| Deposits | Q2 2018vs Q2 2017 | $83.57B$76.88B |
| Equity Capital | Q2 2018vs Q2 2017 | $15.62B$15.63B |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $668.9MM$641.4MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $846.1MM$907.6MM |
| Real Estate Owned | Q2 2018vs Q2 2017 | $22.9MM$29.2MM |
Rates for BMO Harris Bank are currently being reviewed.
