Launch of BMO Harris Equipment Finance Company
MILWAUKEE and CHICAGO, Oct. 18, 2011 /PRNewswire/ -- BMO Harris Bank announced the re-branding of M&I Equipment Finance Company, which will now be known as BMO Harris Equipment Finance Company.
"The Equipment Finance business has been a very successful part of M&I Bank. With the combination of M&I and Harris in the US, we see significant growth opportunities across our expanded footprint," said Dave Casper, Executive Vice President and Head of Commercial Banking, BMO Harris Bank. "Jud and his Equipment Finance team are focused on understanding the needs of their customers and leveraging the capabilities of our entire organization."
"The name BMO Harris Equipment Finance represents the full breadth of offerings, industry sector expertise and the expanded network that we can provide our clients," said Jud Snyder, Managing Director and Head, BMO Harris Equipment Finance Company. "We are in more markets, and we are offering more products and services, and our team continues to expand to meet the needs of our growing customer base."
Based in Milwaukee, but with offices throughout the country, BMO Harris Equipment Finance Company builds off of the solid reputation and relationships created by M&I Equipment Finance Company, relationships that have been formed over the past 55 years. The team is currently ranked in both the Monitor Bank 40 and Monitor 100 lists of the largest US-based Equipment Finance companies.
About BMO Harris Bank
M&I Equipment Finance Company was a subsidiary of M&I Marshall & Ilsley Bank. On July 5, 2011, at the time of the merger of M&I Marshall & Ilsley Bank into Harris N.A., Harris N.A. changed its name to BMO Harris Bank N.A.
Based in Chicago, BMO Harris Bank N.A. has approximately 700 branches and approximately 1,350 ATMs in Illinois, Wisconsin, Indiana, Kansas, Missouri, Minnesota, Nevada, Arizona and Florida. Member FDIC. BMO Harris Equipment Finance Company is a subsidiary of BMO Harris Bank, which is part of BMO Financial Group, a North American financial organization with 1,600 branches, and a retail deposit base of approximately $180 billion.
SOURCE BMO Harris Bank
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