BMO Harris Bank

Overview | Locations (606) | Receive alerts for this bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
0.05%	Checking	BMO Harris Select Checking 0.13% - National Average
0.80%	5-year CD	60 Month CD 1.85% - Synchrony Bank 60 Month CD
0.20%	1-year CD	12 Month CD 1.05% - Ally Bank High Yield 12-Month CD

View all BMO Harris Bank rates »

Overview / Commentary

www.bmoharris.com

888-340-2265

111 West Monroe Street
Chicago, IL 60603

BMO Harris Bank is headquartered in Chicago and is the 2^nd largest bank in the state of Illinois. It is also the 25^th largest bank in the nation. It was established in 1947 and as of June of 2016, it had grown to 12,397 employees at 607 locations. BMO Harris Bank has an A+ health rating.

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
2/25/09 - 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
10/21/08 - 4.50% 7-Month / 5.10% 60-Month CD at Harris Bank
6/25/08 - 5.00% 39-Month / 4.00% 19-Month CD at an IL/WI Bank (Amcore)
5/18/08 - 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

Reviews (13)

Featured Account Options

Great Customer Service For 3 Years

Posted by: MarineMan | Jul 6, 2010

Never have had an issue with opening/closing accounts

Reply

1

Opened A CD Account

Posted by: CDInvestor1 | Sep 22, 2016

I recently opened a CD account with BMO Harris Bank. They do not have an online application, so I had to do it all verbally on the phone with one of their reps, which was inconvenient, and I had no way to verify if the information was being entered correctly. I had to wait until I received their documentation in snail mail with the account number, etc. before I could mail them back a check to fund the CD--no ACH funding. They said they would lock the interest rate on the CD until they received the check, but I had nothing in writing stating so. The rep I dealt with was very polite and respectful, but clearly needed more training about opening CD accounts. It all worked out in the end, but not the easiest way to take out a CD, either. They need to catch up with the other internet banks and offer online applications and ACH funding of the account.

Reply

1

Solid Canadian Bank In US

Posted by: Thomas777 | Aug 10, 2016

Overall, BMO Harris is a good bank, with a strong and stable parent company, BMO. However, I feel their products are less competitive then their American counterparts. Many of their products seem more..."international" where everything has a charge or fee. Perhaps we are too use to getting everything for free?

Reply

1

Keep An Eye On Your Accounts...

Posted by: Montessahall | Nov 11, 2015

I was a longtime customer of M&I before Harris BMO takeover. Since BMO, they take "service fees" out of my checking account every month. Each time they admit it is an error but they keep on doing it. If I didn't frequently check on my account, Harris BMO would get away with ripping me off each month. I am looking for another bank which is too bad because I am known to the staff at my local branch and really like them.

Reply

2

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Health

A+

Data as of Q2 2016

Learn more about bank health

Health Grade Components

Overall
FDIC Certificate #	16571
Year Established	1947
Employees	12397
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.61%
Return on Equity - YTD	4.07%
Annual Interest Income	$1.43B

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$107.5B$98.95B
Loans	Q2 2016vs Q2 2015	$65.66B$53.93B
Deposits	Q2 2016vs Q2 2015	$82.32B$77.71B
Equity Capital	Q2 2016vs Q2 2015	$15.96B$15.31B
Loan Loss Allowance	Q2 2016vs Q2 2015	$679.1MM$768.5MM
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$796.7MM$1.00B
Real Estate Owned	Q2 2016vs Q2 2015	$76.1MM$62.0MM

Rates

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Savings
Money Market
Checking
CD
IRA

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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
0.15%^*^†	$25k^*	-	IRA Premium Savers
OTHER TIERS: 0.10% → Up to $25k
0.05%^*^†	$25k^*	-	Statement Savings
OTHER TIERS: 0.01% → Up to $25k

BMO Harris Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%^*^†	$25k^*	-	BMO Harris Select Money Market
OTHER TIERS: 0.05% → Up to $25k

BMO Harris Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%^*^†	$10k^*	-	BMO Harris Select Checking
OTHER TIERS: 0.01% → Up to $10k
0.05%^†	-	-	BMO Harris Portfolio Checking

BMO Harris Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.00%^†	-	-	59 Month CD Special
1.50%^†	$5k	-	33 Month CD Special
1.00%^†	$5k	-	17 Month CD Special
0.80%^*^†	$100k^*	-	60 Month CD
OTHER TIERS: 0.70% → $1k - $5k \| 0.75% → $5k - $100k
0.55%^*^†	$100k^*	-	48 Month CD
OTHER TIERS: 0.45% → $1k - $5k \| 0.50% → $5k - $100k
0.45%^*^†	$100k^*	-	36 Month CD
OTHER TIERS: 0.35% → $1k - $5k \| 0.40% → $5k - $100k
0.40%^*^†	$100k^*	-	30 Month CD
OTHER TIERS: 0.30% → $1k - $5k \| 0.35% → $5k - $100k
0.35%^*^†	$100k^*	-	24 Month CD
OTHER TIERS: 0.25% → $1k - $5k \| 0.30% → $5k - $100k
0.30%^*^†	$100k^*	-	18 Month CD
OTHER TIERS: 0.20% → $1k - $5k \| 0.25% → $5k - $100k
0.20%^*^†	$100k^*	-	12 Month CD
OTHER TIERS: 0.10% → $1k - $5k \| 0.15% → $5k - $100k
0.15%^*^†	$100k^*	-	9 Month CD
OTHER TIERS: 0.05% → $1k - $5k \| 0.10% → $5k - $100k
0.10%^*^†	$100k^*	-	3 Month CD
OTHER TIERS: 0.05% → $1k - $100k
0.10%^*^†	$100k^*	-	6 Month CD
OTHER TIERS: 0.05% → $1k - $100k
0.05%^†	$100k	-	1 Month CD
0.05%^†	$100k	-	2 Month CD

BMO Harris Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.80%^*^†	$100k^*	-	60 Month IRA
OTHER TIERS: 0.70% → $1k - $5k \| 0.75% → $5k - $100k
0.55%^*^†	$100k^*	-	48 Month IRA
OTHER TIERS: 0.45% → $1k - $5k \| 0.50% → $5k - $100k
0.45%^*^†	$100k^*	-	36 Month IRA
OTHER TIERS: 0.35% → $1k - $5k \| 0.40% → $5k - $100k
0.40%^*^†	$100k^*	-	30 Month IRA
OTHER TIERS: 0.30% → $1k - $5k \| 0.35% → $5k - $100k
0.35%^*^†	$100k^*	-	24 Month IRA
OTHER TIERS: 0.25% → $1k - $5k \| 0.30% → $5k - $100k
0.30%^*^†	$100k^*	-	18 Month IRA
OTHER TIERS: 0.20% → $1k - $5k \| 0.25% → $5k - $100k
0.20%^*^†	$100k^*	-	12 Month IRA
OTHER TIERS: 0.10% → $1k - $5k \| 0.15% → $5k - $100k
0.15%^*^†	$100k^*	-	9 Month IRA
OTHER TIERS: 0.05% → $1k - $5k \| 0.10% → $5k - $100k
0.10%^*^†	$100k^*	-	3 Month IRA
OTHER TIERS: 0.05% → $1k - $100k
0.10%^*^†	$100k^*	-	6 Month IRA
OTHER TIERS: 0.05% → $1k - $100k

Locations

BMO Harris Bank has 606 locations. Click to view all BMO Harris Bank locations.