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FDIC-insured bank Active
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BMO Bank

Headquarters: Chicago, Illinois

Financial dataLatest reported figuresThrough March 31, 2026
Assets$251.96B
Branch locations988
Highest verified APY2.50%Alto Online CD

Overview

BMO Bank is an FDIC-insured bank headquartered in Chicago, Illinois. It reported $251.96B in assets and $193.96B in deposits for the period ending March 31, 2026. Bankular currently lists 988 branch locations. Alto is a banking brand or division connected to BMO Bank.

What Bankular checked

These dates identify the official records and review steps supporting this profile.

Regulatory identity Verified August 2, 2026
Financial reporting Figures through March 31, 2026
Branch data Updated August 2, 2026
Published rates Checked August 7, 2026

Banking brands and divisions

Alto

Alto states that deposits made through Alto and other U.S. accounts under the BMO brand are combined for FDIC insurance purposes at BMO.

Quarterly change

What changed since the previous report

December 31, 2025 to March 31, 2026

These comparisons use consecutive official regulatory reporting periods. A change is descriptive and is not a recommendation or safety rating.

Assets0.0%$251.96B as of March 31, 2026
Deposits-1.5%$193.96B as of March 31, 2026
Net loans+0.4%$138.10B as of March 31, 2026
Return on assets+0.21 pts1.16% as of March 31, 2026

Financial indicators

Capital, profitability and credit quality

These are the latest reported capital, profitability and credit-quality measures available for this institution. Read the figures together rather than as a single safety rating.

Tier 1 capital14.99%
Noncurrent loans1.01%
Return on assets1.16%
Net interest margin3.28%

Verified products, rates and fees

Alto products verified through BMO Bank

Compare all rates →

These products are marketed under Alto, a banking brand or division connected to BMO Bank.

Cd

Alto Online CD

2.50%APY
Term6 months
Opening minimum$0
Balance for APY$0
Monthly feeNot currently verified
AvailabilityOnline
  • Early-withdrawal penalty: Alto states early withdrawal penalties may apply and funds may not be withdrawn for 15 days after initial funding.
Checked August 7, 2026Product details →
Cd

BMO Standard CD

0.75%APY
Term12 months
Opening minimum$1,000
Balance for APY$1,000
Monthly feeNot currently verified
AvailabilityLocal
Checked August 6, 2026Product details →
Cd

BMO Standard CD

0.75%APY
Term18 months
Opening minimum$1,000
Balance for APY$1,000
Monthly feeNot currently verified
AvailabilityLocal
Checked August 7, 2026Product details →
Cd

BMO Standard CD

0.75%APY
Term24 months
Opening minimum$1,000
Balance for APY$1,000
Monthly feeNot currently verified
AvailabilityLocal
Checked August 7, 2026Product details →
Cd

BMO Standard CD

0.75%APY
Term36 months
Opening minimum$1,000
Balance for APY$1,000
Monthly feeNot currently verified
AvailabilityLocal
Checked August 7, 2026Product details →
Savings

BMO Online Savings Account

0.60%APY
TermVariable
Opening minimum$0
Balance for APYNot currently verified
Monthly fee$0.00
AvailabilityState
Checked August 6, 2026Product details →

APYs and product terms can change. Review the product page before opening an account.

Branch footprint

Where BMO Bank has branches

View all 988 locations →

Explore the cities with the most currently listed locations. Branch hours can change, so confirm current lobby, drive-through and appointment hours with the institution before visiting.

Locations

Find a branch of BMO Bank

View all 988 locations →

Financial overview

Latest reported figures

Through March 31, 2026

Assets$251.96B
Deposits$193.96B
Total loans$138.10B
Net income (YTD)$732.96M

Size and reach

How this institution compares

View rankings →
Assets#16of 4,247 institutions
Deposits#18of 4,247 institutions
Branches#11of 4,244 institutions

Explore the institution

More on BMO Bank

Report incorrect information →

Use the available Bankular sections to move from institution identity to products, locations, market context and source verification.

Frequently asked questions

Is BMO Bank federally insured?

Yes. Bankular identifies this institution in FDIC records under certificate 16571.

Where is BMO Bank headquartered?

BMO Bank is headquartered in Chicago, Illinois, at 320 S Canal St, Chicago, Illinois, 60606.

How large is BMO Bank?

It reported $251.96B in assets and $193.96B in deposits for the period ending March 31, 2026.

How many locations does BMO Bank have?

Bankular currently lists 988 branch locations for this institution.

How is Alto connected to BMO Bank?

Alto states that deposits made through Alto and other U.S. accounts under the BMO brand are combined for FDIC insurance purposes at BMO.

Data sources and methodology

Bankular combines official regulatory records with institution-published product information. The detailed sources are available below for readers who want to verify a figure.

FDIC BankFind LocationsReporting period: July 31, 2026
FDIC Call ReportsReporting period: March 31, 2026
FDIC BankFind SuiteReporting period: March 31, 2026
Alto official Online CD pageReporting period: August 7, 2026
BMO official Certificate of Deposit ratesReporting period: August 7, 2026
BMO official Online Savings pageReporting period: August 7, 2026
Regulatory identifierFDIC certificate 16571
RegulatorOCC
Charter classN
Financial data throughMarch 31, 2026