Harris Bank
Encyclopedia : H : HA : HAR : Harris Bank
Harris Bank was founded by Norman Wait Harris. The mid-western bank is based in Chicago, Illinois, and is owned by the Canadian based Bank of Montreal. Today its 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 1907
- 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
- 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
Operations
Harris Bank originally was a Mid-West based bank, but it has expanded to several other states including, Arizona, Florida and Indiana.
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
- Frank Techar, President and Chief Executive Officer, Harris N.A.
- Graham Parsons, Executive Vice President, Global Head of Private Banking
- Yvan Bourdeau, President and Chief Operating Officer, Investment Banking Group
Services
A list of services provided at Harris Bank:
- personal financial services
- wealth management
- small business banking
- middle market banking
- investment and corporate banking
External links
| Commercial banks in the United States |
|
|---|---|
| Bank of America | JPMorgan Chase | Wachovia | Wells Fargo | Washington Mutual | Citibank | US Bancorp | SunTrust | HSBC | World Savings Bank | Regions | PNC Bank | Keybank | Merrill Lynch | Branch Banking and Trust Company | Comerica | Union Bank of California | The Bank of New York | North Fork Bank | Sovereign Bank | ING | Fifth Third Bank | AmSouth Bank | Manufacturers and Traders Trust Company | National City | LaSalle Bank | Treasury Bank | MBNA | Bank of the West | Citizens Bank | The Huntington National Bank | First Tennessee | Harris | M&I Marshall and Iisley Bank | Chase Bank USA | Commerce Bancorp | Charter One | TD Banknorth | Compass Bank | Branch Banking and Trust Company of Virginia | Discover Card | Capital One Bank | UBS Bank | USAA | |