Led by Brian Russ, the team is focused on providing BMO's broad array of banking services and industry expertise to a wide variety of local industries
DENVER, June 11, 2021 /CNW/ - BMO Harris Bank announced today the opening of a new commercial banking office in Denver, Colorado. Led by Brian Russ, the team will be focused on providing mid-market businesses throughout Colorado with access to BMO's full array of financial services and industry expertise.
"This new office will provide local businesses with another option for their banking services, one that we believe is a market differentiator," said Ray Whitacre, Head, Diversified Industries, BMO Harris Bank. "With its strong demographic and economic indicators, to say we're bullish on Colorado would be an understatement. We already bank a number of business customers in the area, so we're building on a solid foundation, and with the strength and local market knowledge of the management team we've put in place, led by Brian, we fully expect the team to experience significant growth."
The new commercial banking office will be focused on a wide variety of industries, including manufacturing, wholesale, distribution, engineering and construction, food and business services.
With more than 20 BMO employees already in the area, including a BMO Capital Markets office in downtown Denver, this isn't a new market for BMO; however, the opening of this new commercial banking office provides an opportunity to accelerate the growth of BMO's market presence, and brand, in Colorado.
"We are building a team that has the optimal balance of business expertise and local market knowledge," added Russ. "I am thrilled to bring BMO's unique service offering and client experience to the Colorado market. We are already seeing tremendous success."
About BMO Harris Bank
BMO Harris Bank provides a broad range of personal banking products and solutions through more than 500 branches and fee-free access to over 40,000 ATMs across the United States. BMO Harris Bank's commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughout the United States. For more information about BMO Harris Bank, visit the company fact sheet. Accounts are subject to approval. BMO Harris Bank N.A. Member FDIC. BMO Harris Bank is part of BMO Financial Group, a highly diversified financial services provider with total assets of CDN$950 billion as of April 30, 2021.
SOURCE BMO Harris Bank