BMO Bank N.A. is a major US bank formed by Bank of Montreal’s 2023 acquisition of Bank of the West, creating a roughly $200 billion asset institution with ~500 US branches. BMO is strongest in Illinois and the broader Midwest, with significant additional presence in the Western US (California, Arizona, Nevada) from the Bank of the West acquisition. The Smart Advantage Checking account is free with e-statements.

BMO Bank (US) at a Glance

Feature Details
Parent company Bank of Montreal (Canada)
US subsidiary BMO Bank N.A.
Assets (US) ~$200 billion
US Branches ~500
ATMs 40,000+ (Allpoint + BMO)
Monthly fee (Smart Advantage) $0 with e-statements; $5 with paper
Monthly fee (Smart Money) $5 (no overdraft fee account)
Daily ATM limit $1,000
OON ATM fee $3.00
Outgoing domestic wire $25
Customer service 1-888-340-2265
Phone hours Mon–Fri 7AM–9PM CT; Sat–Sun 8AM–6PM CT
FDIC insured Yes — $250,000 per depositor

BMO US Footprint

Illinois, Wisconsin, Indiana, Arizona, California, Nevada, Idaho, Washington, Oregon, and other Western states (Bank of the West legacy).

Checking Account Options

Account Monthly Fee Notes
Smart Advantage Checking $0 (e-statements) / $5 (paper) Full-featured
Smart Money Checking $5 No overdraft fees (declines)
BMO Relationship Checking $25 Premium; waived with $25K+

All BMO Bank Guides

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