Featured Savings Rates
Featured Accounts
Overview / Commentary
111 West Monroe Street
Chicago, IL 60603

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 June of 2016, it had grown to 12,397 employees at 607 locations. BMO Harris Bank has an A+ health rating.

Related Posts

Earn $200 Checking Bonus At BMO Harris Bank - 9/29/2016

Earn $200 when opening a new Everyday, Select, or Portfolio checking account at BMO Harris Bank. Available in AZ, FL, IL, IN, KS, MN, MO, WA, and WI.

$200 Checking Bonus Has Been Extended At BMO Harris - 4/29/2016

The $200 checking account bonus has been extended to July 2, 2016. Please refer to my blog post review of the bonus for more details. Market area includes Arizona, Florida, Illinois, Indiana, Kansas, Minnesota, Missouri, Washington, and Wisconsin.

View all posts from:

Great Customer Service For 3 Years

Posted by: MarineMan | Jul 6, 2010

Never have had an issue with opening/closing accounts

Opened A CD Account

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.

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?

Keep An Eye On Your Accounts...

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.



Health Grade Components

FDIC Certificate #16571
Year Established1947
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.61%
Return on Equity - YTD4.07%
Annual Interest Income$1.43B
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$107.5B$98.95B
LoansQ2 2016vs Q2 2015$65.66B$53.93B
DepositsQ2 2016vs Q2 2015$82.32B$77.71B
Equity CapitalQ2 2016vs Q2 2015$15.96B$15.31B
Loan Loss AllowanceQ2 2016vs Q2 2015$679.1MM$768.5MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$796.7MM$1.00B
Real Estate OwnedQ2 2016vs Q2 2015$76.1MM$62.0MM

Rates for BMO Harris Bank are currently being reviewed.


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