News Releases

BMO Harris Bank Decreases US$ Prime Lending Rate to 3.25% Percent

CHICAGO, March 16, 2020 /CNW/ - BMO Harris Bank announced today that it is decreasing its US$ prime lending rate from 4.25 percent to 3.25 percent, effective March 16, 2020.

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$880 billion, as of January 31, 2020.

SOURCE BMO Harris Bank

For further information: Media contacts: Ishita Walia, Chicago, Ishita.Walia@bmo.com, 312-961-1987