Bmo Harris Bank BankRank.org
Statistics
| Number of Complaints | 1,277 (6 In Progress) |
|---|---|
| Complaints per $100K of Deposits | 1.54 |
| Complaints Resolved in a Timely Manner | 99.7% |
| Resolutions Disputed by Customer | 2.9% |
| Complaints Resolved in Customer's Favor | 98.4% |
Financial Report
| Established | May, 1947 |
|---|---|
| FDIC Certificate # | 16571 |
| Number of Branches | 602 (0 International) |
| Total Assets | $111.9 Million |
| Total Deposits | $82.9 Million |
| Total Equity Held | $15.5 Million |
| Quarterly Net Income | $0.2 Million |
Contact Information
Cooperate Headquarters111 West Monroe Street
Chicago, IL 60603
Website
www.bmoharris.com
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| Other Names (or Trade Names) |
|---|
| BMO Harris Bank |
| BMO Harris |
| Deposit Accepted Websites |
|---|
| none |
† Directly as reported by the bank on Schedule RC-M of the FFIEC Call report, no system edits.
Bmo Harris Bank National Association is ranked 309th out of 3,688 banks. That puts Bmo Harris Bank in the bottom 26th percentile and gives them an overall grade of "D". This ranking is based upon customer complaints to the Consumer Finance Protection Bureau (CFPB) and public data about FDIC insured financial institutions. There are 1,277 complaints against Bmo Harris Bank and 1,058,614 complaints total.
Of the 1,277 complaints again Bmo Harris Bank, there have been 123 in the passed 18 months. Of those 123 complaints, 98.4% have been resolved in the customers favor, 2.9% have been disputed by the customer, and 99.7% have been resolved in a timely manner. The CFPB allows 60 days to resolve complaints before considering them "untimely". Additionally, Bmo Harris Bank has $82.9 million is customer deposits which means there are 1.54 complains per $100K in customer deposits.
The statistics and figures above are averaged and ranked. We then compute teach bank's overall percentile based upon these scores. Learn more details about our ranking methodology.
Break-down by Financial Product
Grades are also broken down by financial products offered by each institution. Bmo Harris Bank National Association is graded in 2 categories of financial products they offer. The top 3 categories are Checking or Savings Account, Mortgage and Bank Account or Service.
Bmo Harris Bank National Association is rated "C" in Checking or Savings Account; and "B-" in Mortgage.
Click here to see Complete Bmo Harris Bank Report Card »
Financial Summary
Bmo Harris Bank was established and FDIC insured in May, 1947. Based on its asset concentration, this institution specializes in commercial lending. Bmo Harris Bank National Association has $111.9 Million is assets (27th overall) and holds $82.9 Million is customer deposits (25th overall).
Bmo Harris Bank has 602 domestic offices and 0 foreign offices. Click here to see map of all offices.
Alternative names for this Institution include: BMO Harris Bank and BMO Harris.
Click here to see complete financial report or to see full history.
Below is the list of the top 10 complaint reasons against Bmo Harris Bank National Association. Click here to see all complaints against Bmo Harris Bank.
| # | Product | Sub-Product | Issue | Count |
|---|---|---|---|---|
| 1 | Checking or savings account | Checking account | Managing an account | 20 |
| 2 | Checking or savings account | Checking account | Opening an account | 12 |
| 3 | Checking or savings account | Checking account | Closing an account | 7 |
| 4 | Credit reporting | Credit reporting | Incorrect information on your report | 6 |
| 5 | Checking or savings account | Checking account | Problem caused by your funds being low | 6 |
| 6 | Mortgage | Other type of mortgage | Trouble during payment process | 6 |
| 7 | Mortgage | Conventional home mortgage | Trouble during payment process | 4 |
| 8 | Mortgage | Conventional home mortgage | Struggling to pay mortgage | 4 |
| 9 | Mortgage | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 3 |
| 10 | Vehicle loan or lease | Loan | Managing the loan or lease | 3 |