BMO Harris Bank


Overview / Commentary
312-461-2323
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 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.

Related Posts

BMO Harris Ups 60-Month Special CD Rate - 10/29/2018

BMO Harris Bank (AZ/FL/IL/IN/KS/MN/MO/WI) has raised the rate on its 60-month Special Rate CD to 3.50% APY. Minimum opening deposit is $5k.

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The Future, IS , At Hand .

Posted by: MAMAZ2000 | Dec 18, 2017

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...

Posted by: Jenzz | Nov 16, 2016

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

Posted by: Shay | Feb 2, 2019

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.

Posted by: Chloejo | Apr 14, 2019

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.

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Health

Health Grade Components

Overall
FDIC Certificate #16571
Year Established1947
Employees11469
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.91%
Return on Equity - YTD6.7%
Annual Interest Income$3.95B
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$123.1B$109.4B
LoansQ4 2018vs Q4 2017$80.16B$70.02B
DepositsQ4 2018vs Q4 2017$97.02B$81.16B
Equity CapitalQ4 2018vs Q4 2017$16.18B$15.44B
Loan Loss AllowanceQ4 2018vs Q4 2017$715.3MM$649.9MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$867.4MM$920.0MM
Real Estate OwnedQ4 2018vs Q4 2017$22.0MM$26.4MM
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--Statement Savings

BMO Harris Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW 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

APYMINMAXACCOUNT NAMEVIEW 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

BMO Harris Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.65%$5k-55 Month CD Special
2.55%$5k-15 Month CD Special
2.25%$1k-3 Year Add-on CD
2.00%$1k-1 Year Add-on CD
0.75%$1k-60 Month CD
0.50%$1k-48 Month CD
0.40%$1k-36 Month CD
0.35%$1k-30 Month CD
0.30%$1k-24 Month CD
0.25%$1k-18 Month CD
0.15%$1k-12 Month CD
0.10%$1k-9 Month CD
0.05%$1k-3 Month CD
0.05%$1k-6 Month CD

BMO Harris Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
15.00%*$5k*$100k12 Month IRA
OTHER TIERS: 0.15% $1k+
0.75%$1k-60 Month IRA
0.50%$1k-48 Month IRA
0.40%$1k-36 Month IRA
0.35%$1k-30 Month IRA
0.30%$1k-24 Month IRA
0.25%$1k-18 Month IRA
0.10%$1k-9 Month IRA
0.05%$1k-3 Month IRA
0.05%$1k-6 Month IRA
Locations

Availability

Chicago Area

Interactive local rates map


The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.