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Harris Bank
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HISTORY


Norman Wait Harris arrived in Chicago and established N.W. Harris and Company in the late 1800 s 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


Harris Bank 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 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



SEE ALSO


List of other Canadian owned US banks:



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