First Citizens Takes Over 138 BMO Branches, $5B in Deposits

First Citizens Bank Completes Conversion of Former BMO Branches

First Citizens Bank has now converted the 138 branches that it acquired from BMO Bank N.A. on September 4, expanding its presence across the Midwest, Great Plains and West. Raleigh, North Carolina-based First Citizens Bank assumed approximately $5 billion in…

First Citizens Completes 138-Branch Acquisition From BMO Bank

First Citizens Bank has completed the conversion of 138 branches acquired from BMO Bank N.A., adding approximately $5 billion in... The post First Citizens Completes 138-Branch Acquisition From BMO Bank appeared first on citybiz.

First Citizens Takes Over 138 BMO Branches, $5B in Deposits

First Citizens completed its acquisition of 138 BMO branches, adding about $5 billion in deposits and $650 million in loans across 11 states.

BMO finalises divestment of 138 branches to First-Citizens Bank

BMO Financial Group has closed the sale of 138 branch locations to First-Citizens Bank & Trust Company. The outlets involved in the deal are in North Dakota, South Dakota, Wyoming, Nebraska, Kansas, Missouri, Oklahoma and Idaho, along with selected branches in Minnesota, Oregon and Illinois. BMO…