Harris Bank

Infobox Company
company_name = Harris Bank
company_
company_type = Private
foundation = 1882
location=Chicago, Illinois
key_people = Ellen Costello, CEO
industry = Financial Services
products = Middle-Market Commercial Lending,Middle-Market Commercial Real Estate Lending,Domestic and International Cash Management Commercial Banking,Wealth Management,Retail Banking,Trust and Treasury
parent = Bank of Montreal
homepage = [https://www4.harrisbank.com/secure harrisbank.com]

Harris Bank is an American bank based in Chicago, Illinois. The bank founded by Norman Wait Harris, is primarily located in the Midwest, and is owned by the Canadian-based Bank of Montreal. Today it is known as Harris Financial Services Corporation.

History

Norman Wait Harris arrived in Chicago and established N.W. Harris and Company in the late 1800s and founded Harris Bank in 1882. Other key events for Harris Bank include:

* Harris Trust and Savings Bank was created in 2004
* Merger with Chicago National Bank 1960
* Harris Bankcorp, Incorporation formed 1972
* Bank of Montreal (later as BMO Financial Group) acquires Harris 1984
* First National Bank of Barrington acquired 1985
* Libertyville Federal Savings Bank and Loan and Frankfort Bancshares 1990
* Harris Bankcorp and Suburban Bancorp combined under the Harris name 1994
* Household Bank acquired 1996
* direct brokerage firm Burke, Christensen & Lewis merged with Harris Investors Direct to form Harris InvestorLine 1999
* Chicagoland acquired 1999-2000
* Freeman Welwood acquired 2000
* Village Bank of Naples (Florida) and Century Bank in Arizona acquired 2001
* First National Bank of Joliet acquired 2001
* Northwestern Trust and Investors Advisory Company in Seattle, Washington acquired 2002
* Harris InvestorLine is combined with CSFBdirect to form Harrisdirect 2002
* online client accounts of Morgan Stanley Individual Investor Group acquired 2002
* myCFO acquired 2002
* Sullivan, Bruyette Speros & Blayney Incorporated acquired 2003
* Lakeland Community Bank in Round Lake and New Lenox State Bank in Will County acquired 2004
* Mercantile Bancorp. Inc. based in Hammond, Indiana acquired 2004
* Intent to acquire Villa Park Trust and Savings Bank 2005
* First National Bank & Trust, based in Kokomo, Indiana acquired 2007
* Ozaukee Bank, scheduled to be acquired Q3 2008
* Merchant and Manufacturers Bankcorp Inc, scheduled to be acquired Q3 2008

Harris N.A. is a member of the Federal Reserves system.

Operations

Harris Bank originally was a Mid-West based bank, but it has expanded to several other states including, Arizona, Florida, Indiana, and will be opening branches in Wisconsin in 2008.

Organization

Harris Bank serves over 1.5 million customers with 197 full service branches and over 500 ATMS.

The executive management team of Harris includes:

* Bill Downe, Deputy Chairman, BMO Financial Group, Head of U.S. Businesses
* Ellen Costello, Chief Executive Officer, Harris Bankcorp, Inc.
* Peter McNitt, Vice Chairman Harris Bank & Head of Business Banking
* Yvan Bourdeau, President and Chief Operating Officer, Investment Banking Group

ervices

A list of services provided at Harris Bank:

* personal financial services
* wealth management
* small business banking
* middle market banking
* investment and corporate banking
* equipment leasing

External links

* [http://www4.harrisbank.com/ Harris Bank]
* [http://www.theharris.com/ Harris]
* [http://www.bmo.com BMO Financial]
* [http://www4.harrisbank.com/spopup/0,4535,129778_7009715,00.html?pChannelId=7009715 About Harris Bank]
* [https://www4.harrisbank.com/smallbiz/0,4458,360183_397927,00.html Harris Bank Leasing]