BMO Harris Bank is headquartered in Chicago and is the 2nd largest bank in the state of Illinois. It is also the 25th largest bank in the nation. It was established in 1947 and as of December of 2018, it had grown to 11,469 employees at 597 locations. BMO Harris Bank's money market rates are 3X the national average, and it has an A health rating.
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3/25 - 3% 5 Year CD As Of March 25
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5/10 - BMO Harris Bank's $200 Checking Bonus Available Nationwide
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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
The Future, IS , At Hand .
The bank , I , bank with/at .Great , banking features .To bank anywhere else , just , selling myself short , therefore , not to cheat myself , of such service . Thanks , BMO .
Did not feel the love...
We have dealt with BMO for many years. A few years ago we had the unfortunate opportunity to find out that accounts will now be charged for inactivity. What a sham! It is my money, seriously, how hard is it to let it sit?! Any time I have to go into my local bank for help with my savings or checking, I might find that I have to wait a number of hours or even days for attention. It also bothers me that the savings account rates are so low. Each time I visit the bank, the staff tries to "sell" me on the idea of opening another account to get better interest rates. When I see the low interest rates, I can see t is not worth my time. The low rates are discouraging, and while they are the norm, there was a time BMO led the banks with great rates.
Online Banking Is Down Again
Losing faith with the online banking feature. It's down for maintenance again tonight. I've never had a problem with Ally.
Not My Go To Bank.
Tried to open cd. Management wouldn't honor only using partial amount of a cashiers check from previous bank.Poor customer service. DO NOT RECCOMMEND.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 16571 |
| Year Established | 1947 |
| Employees | 11469 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.91% |
| Return on Equity - YTD | 6.7% |
| Annual Interest Income | $3.95B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $123.1B$109.4B |
| Loans | Q4 2018vs Q4 2017 | $80.16B$70.02B |
| Deposits | Q4 2018vs Q4 2017 | $97.02B$81.16B |
| Equity Capital | Q4 2018vs Q4 2017 | $16.18B$15.44B |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $715.3MM$649.9MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $867.4MM$920.0MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $22.0MM$26.4MM |
Always verify rates and promotions with the bank or credit union. We are not BMO Harris Bank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.
BMO Harris Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05%† | - | - | Statement Savings |
BMO Harris Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.25%*† | $250k* | - | Platinum Money Market | ||
| OTHER TIERS: 0.25% → $5k - $10k | 0.50% → $10k - $25k | 1.00% → $25k - $250k | |||||
BMO Harris Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.25%*† | $50k* | - | BMO Harris Premier Account | ||
| OTHER TIERS: 0.05% → Up to $5k | 0.10% → $5k - $10k | 0.15% → $10k - $25k | 0.20% → $25k - $50k | |||||
