Bank makes name change official
What it is: A little more than a year after an acquisition, all signs point to a name change for M&I Bank.
Signs renaming the banks as BMO Harris Bank will be unveiled this weekend.
Until unveiled, the blue, red and white BMO Harris Bank signs were temporarily covered by plastic M&I signs.
The Toronto-based parent company of BMO Harris Bank, the BMO Financial Group, bought the Milwaukee-based Marshall & Ilsley Corp. in 2011 for about $4.1 billion.
After a series of severe real estate loan losses, M&I—Wisconsin’s largest bank—started looking for a partner. BMO Financial Group announced in December 2010 that it would be that partner, and the acquisition became official July 5, 2011.
Since then, BMO has been integrating M&I into its organization.
Jim Kappel, vice president of BMO Harris Bank, said all ATMs are being rebranded with the BMO Harris Bank name.
BMO Harris Bank has branches in Janesville at 100 N. Main St., 1404 Creston Park Drive, 4323 Milton Ave. and 2608 Center Ave.