Knowledge (XXG)

BMO Bank

Source πŸ“

610: 555: 56: 781: 669:). In 2017, the bank began construction of a 25-story BMO Tower at North Water and East Wells, adjacent to its current Milwaukee headquarters. The bank expects to occupy 123,000 square feet (11,400 m) of the building beginning in December 2019. In August 2017, BMO sold the 20-story structure it currently occupies to real estate firm Irgens, which plans to remodel and lease it. 574: 47: 547:
with the intent on merging it with BMO Harris Bank, which would at least double its U.S. presence. The acquisition of Bank of the West was completed in February 2023, and the Bank of the West brand is planned to be absorbed into the global BMO brand by September 2023. Coinciding with this merger, BMO
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before changing its name to Harris Trust and Savings Bank in 1907, and then Harris Bank in 1972. After the Bank of Montreal acquired the company in 1984, it eventually became branded as BMO Harris Bank by 2011. Under the Bank of Montreal's ownership, the company increased its presence in the U.S.
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Harris Bank announced that it will retire the combined "BMO Harris" brand and will start to use the global BMO brand of its Canadian parent company. The company will then begin to primarily do business as "BMO Bank N.A." in September 2023 once the integration with Bank of the West is completed.
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combined under the Harris name in 1994 and two years later, the company acquired 54 Chicago area branches from Household Bank. In 1999, the direct brokerage firm Burke, Christensen & Lewis merged with Harris Investors Direct to form Harris InvestorLine. The company's further acquisitions
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In 1882, Norman Wait Harris established N.W. Harris & Co., a Chicago-based municipal bond broker and the forerunner of Harris Bank. Harris Trust and Savings Bank was established in 1907. It merged with Chicago National Bank in 1960 and was restructured as Harris Bank, N.A. in 1972.
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BMO is one of the largest banks in the Midwest with over 600 branches and approximately 1,300 ATMs in Illinois, Wisconsin, Indiana, Kansas, Missouri, Minnesota, Arizona, Florida and California. It is the second-largest Chicago-area bank based on market share, behind
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character, Hubert the Lion. In 1960, a 23-story structure was added to the east with the address of 111 West Monroe. In 1974, a second 38-story tower was added to the west, with the address of 115 South LaSalle Street. Both additions were designed by the firm of
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in 2023. Coinciding with the Bank of the West merger, the U.S. bank announced that it would retire the "BMO Harris Bank" brand in favor of the global "BMO" brand of its Bank of Montreal's parent financial services corporation.
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in an all-stock transaction valued at about US$ 4.1 billion. Marshall & Ilsley and Harris Bankcorp were both rebranded as BMO Harris. The company restructured as BMO Bankcorp July 5, 2011.
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BMO was the bank with the second-most deposits in Chicago by June 2018, with 11.5% market share. Also, that month, its BMO Harris division was operating in eight states in the US.
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style. The bank uses the address of the 1960 building. In December 2018, the bank announced it would move its headquarters to 14 floors of a 50-story office tower adjacent to
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neighborhood. The original 21-story building was constructed in 1910 at 119 West Monroe Street. The entrance to the building is flanked by two
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BMO Financial Corporation (formerly Bankmont Financial Corporation, then Harris Financial Corporation). As of March 2024, it was the
492:) in 2002. Also in 2002, InvestorLine combined with CSFBdirect to form Harrisdirect and Harris acquired online client accounts of 1603: 531: 500:. The following year, it purchased Sullivan, Bruyette Speros & Blayney Incorporated, followed by Lakeland Community Bank in 1613: 1021: 1368: 537:
In December 2015, the company completed its acquisition of General Electric Capital Corp.'s transportation finance business.
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sculptures of lions, which inspired various iterations of the bank's logo until 2011, along with the bank's
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The bank grew rapidly through a series of acquisitions beginning with the First National Bank of
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This article is about the United States subsidiary. For the Canadian parent company, see
990: 833: 744: 586: 493: 308: 263: 235: 1317:"BMO Tower development starts in downtown Milwaukee with parking structure demolition" 1597: 1243: 726: 678: 622: 590: 351: 259: 1263: 1577: 1447: 786: 662: 17: 563:(c. 1911), founder of N.W. Harris & Co., later Harris Trust & Savings Bank 1044: 1572: 1562: 689: 685: 598: 271: 776: 704: 626: 573: 507:
BMO continued its acquisitions in 2007 with First National Bank & Trust, (
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BMO Private Wealth (BMO Nesbitt Burns and BMO Private Investment Counsel)
1171:"Complementary branches may spare job cuts in BMO, Bank of the West deal" 941: 1221:"With rebranding, BMO bank won't have a den for Hubert the Harris Lion" 489: 395: 123: 964:"Harris Announces Intent to Purchase Villa ParkTrust and Savings Bank" 797:, securities affiliate established in 1934, following passage of the 630: 421:
The bank was founded in Chicago in 1882 as N.W. Harris & Co. by
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Harris Bank, N.A. (1972–2005; Harris Bank name then retired in 2005)
46: 1353: 906:"Harris Bank To Become A Household Name, To Buy 54 Of Its Branches" 861:"BMO Harris Bank to simplify its name, merge with Bank of the West" 1291:"BMO Harris plans 50-story headquarters tower in downtown Chicago" 608: 572: 497: 589:, and the second largest US subsidiary of a Canadian bank after 1357: 1121:"BMO Harris to emphasize digital revamp in U.S. strategy shift" 452:(later known as BMO Financial Group) acquired Harris in 1984. 372: 221: 214: 488:
in 2001; Northwestern Trust and Investors Advisory Company (
811:, securities affiliate established in 1911 and acquired by 378: 526:
On December 17, 2010, Bank of Montreal agreed to purchase
1072:"BMO Harris closes on acquisition of GE Capital business" 426:
through a series of acquisitions of other banks, such as
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Athletics – Official partner of the UW-Madison Badgers.
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In December 2021, Bank of Montreal agreed to purchase
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15th largest bank in the United States by total assets
334: 369: 1545: 1529: 1503: 1487: 1471: 1440: 1414: 1391: 653:Additionally, notable BMO buildings are located in 375: 329: 307: 297: 277: 231: 204: 188: 178: 160: 142: 116: 106: 80: 68: 761:affiliate – Official bank of the Rockford IceHogs. 1096:"Bank of Montreal and CIBC square off in Chicago" 515:) and Merchant and Manufacturers Bankcorp Inc., ( 504:, and Villa Park Trust and Savings Bank in 2005. 480:include Freeman Welwood in 2000; Village Bank of 937:"BofM buying Freeman Welwood for $ 140 million" 90:M&I Marshall & Ilsley Bank (1847–2012) 1369: 855: 853: 8: 966:(Press release). harrisbank.com. 7 July 2005 735:– Official partner of the Chicago White Sox. 39: 290:(through BMO Financial Group; 1984–present) 1619:American subsidiaries of foreign companies 1376: 1362: 1354: 723:– Official bank of the Chicago Blackhawks. 613:Harris Trust Building in Chicago (c. 1911) 316:Bankmont Financial Corporation (1984–2004) 54: 45: 38: 834:"Investor Relations. BMO Financial Group" 747:– Official partner of the Minnesota Wild. 475:Bancshares in 1990. Harris Bankcorp and 93:Harris Trust and Savings Bank (1907–1972) 322:BMO Financial Corporation (2011–present) 319:Harris Financial Corporation (2004–2011) 1516:Bank of Montreal National Historic Site 1240:"Illinois Banks: Strongest and Weakest" 879: 877: 825: 741:– Official bank of the Milwaukee Bucks. 550: 1238:van Doorn, Philip (24 February 2012). 1270:from the original on 23 November 2010 729:– Official bank of the Chicago Bulls. 7: 1070:Bauter, Allison (December 1, 2015). 994:. kokomotribune.com. Archived from 984:Dempsey, John (27 September 2006). 394:. It is the U.S. subsidiary of the 1045:"Regulators shut down Amcore Bank" 661:), at 770 North Water Street, and 471:Federal Savings Bank and Loan and 25: 1315:Daykin, Tom (November 16, 2017). 1289:Gores, Paul (December 10, 2018). 711:– Official Sponsor of Summerfest. 532:Marshall & Ilsley Corporation 519:) in 2008, and Amcore Bank N.A. ( 284:Harris Bankcorp, Inc. (1972–1984) 99:BMO Harris Bank, N.A. (2011–2023) 87:N.W. Harris & Co. (1882–1907) 779: 553: 365: 1629:1882 establishments in Illinois 1025:. bizjournal.com. 4 March 2008 673:Naming rights and sponsorships 496:Individual Investor Group and 1: 1634:1984 mergers and acquisitions 1553:Bank of British North America 1043:Gores, Paul (23 April 2010). 511:) followed by Ozaukee Bank, ( 1511:Bank of Montreal Head Office 986:"Harris Buys First National" 636:Skidmore, Owings and Merrill 601:cards in the United States. 597:). BMO is the issuer of the 410:, which owns it through the 166:; 142 years ago 659:BMO Harris Financial Center 463:and First National Bank of 1655: 1453:BMO Delaware Trust Company 1321:Milwaukee Journal Sentinel 1295:Milwaukee Journal Sentinel 1076:Milwaukee Business Journal 1050:Milwaukee Journal Sentinel 1022:Milwaukee Business Journal 945:. cbc.ca. 10 November 2000 715:BMO Bank is a sponsor of: 619:complex of three buildings 617:BMO is headquartered in a 29: 1624:Banks established in 1882 390:that is headquartered in 53: 44: 809:Harris, Forbes & Co. 1604:Banks based in Illinois 1458:BMO Investment Services 885:"About BMO Harris Bank" 839:. BMO. December 1, 2023 690:Los Angeles, California 459:in 1985, State Bank of 1614:Banks based in Chicago 914:. chicagotribune.com. 795:Harris, Hall & Co. 614: 581: 579:Black Creek, Wisconsin 1568:Marshall & Ilsley 1264:"Harris Bank Complex" 863:. ada.org. 2023-02-01 803:Dean Witter & Co. 644:Chicago Union Station 612: 595:Toronto-Dominion Bank 576: 523:) on April 23, 2010. 517:New Berlin, Wisconsin 432:Marshall & Ilsley 398:-based multinational 217:β€”BMO Financial Group) 151:Marshall & Ilsley 1521:First Canadian Place 1427:BMO Premier Services 1399:BMO Bank of Montreal 1227:. February 15, 2023. 813:Chase Manhattan Bank 513:Cedarburg, Wisconsin 1479:BMO Capital Markets 1432:BMO Smart Portfolio 1266:. Hines Interests. 677:BMO owns corporate 299:Number of employees 220:Darrel Hackett (US 41: 18:BMO (United States) 916:Bloomberg Business 799:Glass Steagall Act 759:Chicago Blackhawks 721:Chicago Blackhawks 699:Rockford, Illinois 681:to the following: 615: 582: 561:Norman Wait Harris 521:Rockford, Illinois 423:Norman Wait Harris 404:financial services 303:55,767 (FTE, 2023) 256:investment banking 248:financial analysis 183:Norman Wait Harris 134:Financial services 129:Investment banking 1591: 1590: 1448:BMO Family Office 1441:Wealth management 1225:Chicago Sun-Times 765:Wisconsin Badgers 733:Chicago White Sox 392:Chicago, Illinois 386:) is an American 345: 344: 268:wealth management 240:corporate banking 194:Chicago, Illinois 16:(Redirected from 1646: 1609:Bank of Montreal 1583:Suburban Bancorp 1558:Bank of the West 1472:Investment banks 1422:BMO InvestorLine 1385:Bank of Montreal 1378: 1371: 1364: 1355: 1350: 1349: 1347:Official website 1332: 1331: 1329: 1327: 1312: 1306: 1305: 1303: 1301: 1286: 1280: 1279: 1277: 1275: 1260: 1254: 1253: 1251: 1250: 1235: 1229: 1228: 1217: 1211: 1210: 1208: 1207: 1192: 1186: 1185: 1183: 1182: 1167: 1161: 1160: 1158: 1157: 1142: 1136: 1135: 1133: 1132: 1117: 1111: 1110: 1108: 1107: 1092: 1086: 1085: 1083: 1082: 1067: 1061: 1060: 1058: 1057: 1040: 1034: 1033: 1031: 1030: 1013: 1007: 1006: 1004: 1003: 998:on 11 April 2013 981: 975: 974: 972: 971: 960: 954: 953: 951: 950: 933: 927: 926: 924: 923: 902: 896: 895: 893: 892: 881: 872: 871: 869: 868: 857: 848: 847: 845: 844: 838: 830: 801:and acquired by 789: 784: 783: 782: 751:Rockford IceHogs 703:BMO Pavilion at 650:opened in 2022. 577:A BMO branch in 557: 545:Bank of the West 477:Suburban Bancorp 450:Bank of Montreal 436:Bank of the West 428:Suburban Bancorp 408:Bank of Montreal 385: 384: 381: 380: 377: 374: 371: 364: 341: 338: 336: 288:Bank of Montreal 236:Consumer banking 174: 172: 167: 155:Bank of the West 147:Suburban Bancorp 58: 49: 42: 32:Bank of Montreal 21: 1654: 1653: 1649: 1648: 1647: 1645: 1644: 1643: 1639:Primary dealers 1594: 1593: 1592: 1587: 1541: 1525: 1499: 1483: 1467: 1436: 1410: 1387: 1382: 1345: 1344: 1341: 1336: 1335: 1325: 1323: 1314: 1313: 1309: 1299: 1297: 1288: 1287: 1283: 1273: 1271: 1262: 1261: 1257: 1248: 1246: 1237: 1236: 1232: 1219: 1218: 1214: 1205: 1203: 1200:bizjournals.com 1194: 1193: 1189: 1180: 1178: 1175:bizjournals.com 1169: 1168: 1164: 1155: 1153: 1144: 1143: 1139: 1130: 1128: 1125:American Banker 1119: 1118: 1114: 1105: 1103: 1100:American Banker 1094: 1093: 1089: 1080: 1078: 1069: 1068: 1064: 1055: 1053: 1042: 1041: 1037: 1028: 1026: 1015: 1014: 1010: 1001: 999: 983: 982: 978: 969: 967: 962: 961: 957: 948: 946: 935: 934: 930: 921: 919: 918:. 16 April 1996 911:Chicago Tribune 904: 903: 899: 890: 888: 883: 882: 875: 866: 864: 859: 858: 851: 842: 840: 836: 832: 831: 827: 822: 785: 780: 778: 775: 770: 739:Milwaukee Bucks 675: 638:and are in the 607: 571: 564: 558: 509:Kokomo, Indiana 445: 412:holding company 400:investment bank 368: 359: 358: 333: 325: 300: 293: 244:private banking 227: 207: 200: 196: 170: 168: 165: 153: 149: 138: 102: 73: 64: 35: 28: 23: 22: 15: 12: 11: 5: 1652: 1650: 1642: 1641: 1636: 1631: 1626: 1621: 1616: 1611: 1606: 1596: 1595: 1589: 1588: 1586: 1585: 1580: 1575: 1570: 1565: 1560: 1555: 1549: 1547: 1543: 1542: 1540: 1539: 1533: 1531: 1527: 1526: 1524: 1523: 1518: 1513: 1507: 1505: 1501: 1500: 1498: 1497: 1491: 1489: 1485: 1484: 1482: 1481: 1475: 1473: 1469: 1468: 1466: 1465: 1460: 1455: 1450: 1444: 1442: 1438: 1437: 1435: 1434: 1429: 1424: 1418: 1416: 1412: 1411: 1409: 1408: 1405:BMO Bank, N.A. 1402: 1395: 1393: 1389: 1388: 1383: 1381: 1380: 1373: 1366: 1358: 1352: 1351: 1340: 1339:External links 1337: 1334: 1333: 1307: 1281: 1255: 1230: 1212: 1187: 1162: 1137: 1112: 1087: 1062: 1035: 1008: 991:Kokomo Tribune 976: 955: 928: 897: 873: 849: 824: 823: 821: 818: 817: 816: 806: 791: 790: 774: 771: 769: 768: 762: 748: 745:Minnesota Wild 742: 736: 730: 724: 717: 713: 712: 701: 692: 674: 671: 606: 603: 593:(owned by the 587:JPMorgan Chase 570: 567: 566: 565: 559: 552: 494:Morgan Stanley 444: 441: 348:BMO Bank, N.A. 343: 342: 331: 327: 326: 324: 323: 320: 317: 313: 311: 305: 304: 301: 298: 295: 294: 292: 291: 285: 281: 279: 275: 274: 264:private equity 260:mortgage loans 233: 229: 228: 226: 225: 218: 213:Darryl White ( 210: 208: 205: 202: 201: 198: 192: 190: 186: 185: 180: 176: 175: 162: 158: 157: 144: 140: 139: 137: 136: 131: 126: 120: 118: 114: 113: 108: 104: 103: 101: 100: 97: 94: 91: 88: 84: 82: 78: 77: 74: 69: 66: 65: 59: 51: 50: 40:BMO Bank, N.A. 26: 24: 14: 13: 10: 9: 6: 4: 3: 2: 1651: 1640: 1637: 1635: 1632: 1630: 1627: 1625: 1622: 1620: 1617: 1615: 1612: 1610: 1607: 1605: 1602: 1601: 1599: 1584: 1581: 1579: 1576: 1574: 1571: 1569: 1566: 1564: 1561: 1559: 1556: 1554: 1551: 1550: 1548: 1544: 1538: 1535: 1534: 1532: 1528: 1522: 1519: 1517: 1514: 1512: 1509: 1508: 1506: 1502: 1496: 1493: 1492: 1490: 1486: 1480: 1477: 1476: 1474: 1470: 1464: 1461: 1459: 1456: 1454: 1451: 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637: 632: 628: 624: 621:in Chicago's 620: 611: 604: 602: 600: 596: 592: 591:TD Bank, N.A. 588: 580: 575: 568: 562: 556: 551: 549: 546: 541: 538: 535: 533: 529: 524: 522: 518: 514: 510: 505: 503: 499: 495: 491: 487: 483: 478: 474: 470: 466: 462: 458: 453: 451: 442: 440: 437: 434:in 2011, and 433: 429: 424: 419: 417: 413: 409: 405: 401: 397: 393: 389: 388:national bank 383: 362: 356: 353: 349: 340: 332: 328: 321: 318: 315: 314: 312: 310: 306: 302: 296: 289: 286: 283: 282: 280: 276: 273: 269: 265: 261: 257: 253: 249: 245: 241: 237: 234: 230: 223: 219: 216: 212: 211: 209: 203: 195: 191: 187: 184: 181: 177: 163: 159: 156: 152: 148: 145: 141: 135: 132: 130: 127: 125: 122: 121: 119: 115: 112: 109: 105: 98: 95: 92: 89: 86: 85: 83: 79: 75: 72: 67: 62: 57: 52: 48: 43: 37: 33: 19: 1578:Ontario Bank 1546:Predecessors 1530:Sponsorships 1392:Retail banks 1324:. Retrieved 1320: 1310: 1298:. Retrieved 1294: 1284: 1272:. Retrieved 1258: 1247:. Retrieved 1233: 1224: 1215: 1204:. Retrieved 1202:. 2023-02-01 1199: 1190: 1179:. Retrieved 1177:. 2021-12-23 1174: 1165: 1154:. Retrieved 1152:. 2021-12-20 1149: 1140: 1129:. Retrieved 1127:. 2018-06-22 1124: 1115: 1104:. Retrieved 1102:. 2018-06-28 1099: 1090: 1079:. Retrieved 1075: 1065: 1054:. Retrieved 1048: 1038: 1027:. Retrieved 1020: 1011: 1000:. Retrieved 996:the original 989: 979: 968:. Retrieved 958: 947:. Retrieved 940: 931: 920:. Retrieved 909: 900: 889:. Retrieved 887:. BMO Harris 865:. Retrieved 841:. Retrieved 828: 787:Banks portal 714: 676: 663:Indianapolis 652: 616: 605:Headquarters 583: 542: 539: 536: 525: 506: 469:Libertyville 467:in 1988 and 454: 446: 420: 354: 352:colloquially 347: 346: 272:credit cards 189:Headquarters 143:Predecessors 107:Company type 36: 1573:Molson Bank 1563:Harris Bank 686:BMO Stadium 599:Diners Club 461:St. Charles 1598:Categories 1274:January 3, 1249:2012-09-27 1206:2023-02-11 1181:2022-05-14 1156:2022-05-14 1131:2020-12-04 1106:2020-12-04 1081:2017-08-03 1056:2013-03-18 1029:2013-03-18 1002:2013-03-18 970:2013-03-18 949:2013-03-18 922:2013-03-18 891:2013-03-18 867:2023-02-19 843:2024-01-04 820:References 705:Summerfest 695:BMO Center 646:. The new 627:bas-relief 569:Operations 502:Round Lake 457:Barrington 206:Key people 111:Subsidiary 71:Trade name 1537:BMO Field 1504:Buildings 1488:Insurance 1415:Investing 709:Milwaukee 667:BMO Plaza 655:Milwaukee 648:BMO Tower 528:Milwaukee 473:Frankfort 430:in 1994, 252:insurance 63:, Chicago 61:BMO Tower 1495:BMO Life 1401:(Canada) 1268:Archived 942:CBC News 773:See also 406:company 232:Products 117:Industry 81:Formerly 1150:Reuters 815:in 1930 805:in 1953 753:of the 530:-based 490:Seattle 465:Batavia 443:History 396:Toronto 330:Website 179:Founder 169: ( 161:Founded 124:Banking 27:US bank 1326:May 1, 1300:May 1, 757:, the 640:modern 631:mascot 486:Joliet 482:Naples 309:Parent 837:(PDF) 498:myCFO 278:Owner 1407:(US) 1328:2019 1302:2019 1276:2011 623:Loop 402:and 339:.com 337:.bmo 199:U.S. 171:1882 164:1882 755:AHL 707:in 697:in 688:in 355:BMO 335:www 222:CEO 215:CEO 76:BMO 1600:: 1319:. 1293:. 1242:. 1223:. 1198:. 1173:. 1148:. 1123:. 1098:. 1074:. 1047:. 1019:. 988:. 939:. 908:. 876:^ 852:^ 418:. 379:oʊ 373:iː 363:: 361:US 357:; 270:, 266:, 262:, 258:, 254:, 250:, 246:, 242:, 238:, 197:, 1377:e 1370:t 1363:v 1330:. 1304:. 1278:. 1252:. 1209:. 1184:. 1159:. 1134:. 1109:. 1084:. 1059:. 1032:. 1005:. 973:. 952:. 925:. 894:. 870:. 846:. 665:( 657:( 382:/ 376:m 370:b 367:/ 350:( 224:) 173:) 34:. 20:)

Index

BMO (United States)
Bank of Montreal


BMO Tower
Trade name
Subsidiary
Banking
Investment banking
Financial services
Suburban Bancorp
Marshall & Ilsley
Bank of the West
Norman Wait Harris
Chicago, Illinois
CEO
CEO
Consumer banking
corporate banking
private banking
financial analysis
insurance
investment banking
mortgage loans
private equity
wealth management
credit cards
Bank of Montreal
Parent
www.bmo.com

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