BMO Bank, STEVENS POINT BRANCH

Name:BMO Bank, STEVENS POINT BRANCH
Limited Service Loan Production Office
Review: 2.5star108 client reviews
Location:2900b Church St
Stevens Point, WI 54481

Portage County
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Phone:715-344-5100
FDIC Cert:#16571
Established:03/18/1994


The Bank

Name:BMO Bank
Concentration:Commercial Lending Specialization
Established:05/17/1947
FDIC Insurance:05/17/1947
Holden By:BANK OF MONTREAL
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
# of Branches:1041, view all, view on map
Website:http://www.bmo.com
Total Assets:$265,657,813,000
Total Deposits:$206,601,880,000
Total Equity Capital:$32,992,890,000
Total Domestic Office Deposits:$206,601,880,000
Net Income:$413,687,000
Quarterly Net Income:$174,086,000
Return on Equity:1%
Quarterly Return on Equity:2%
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Client Review

108 client reviews of BMO Bank scored 2.5 out of 5.

The right hand doesn't know what the left hand is doing
 1star Overall Rating
 2star Interest Rate and Cost
 1star Office Environment & Staff
 2star Waiting Time
 1star Other Services
by Sandlanders, Mar. 06, 2013

Over the years I was a commercial customer there the following has happened......

They got me in a ton of debt, per the advice of the banker I had at the time.  Granted I signed the dotted line and I will take most of the blame for it, but my decisons to do some of this was partially based on the bankers poor advice, he retired and I am still paying for it.

They switched the minimum balance in the checking account with out telling us.  We found out by getting charged a fee.

They wouldn't let me cash a check made out to my business because I had a "personal" account with them even though my business name is on the checks.

Our loan that was always current got put into the "naughty list" of people who don't pay because someone coded it wrong.  It was a nice kick in the pants after being on time all the time, even if it was a mistake.

Our business is doing much better now, I wanted to see if BMO had cheaper rates so I met with a banker there to see what they could offer.  I showed him my paperwork he had a lot of positive things to say and I figured we were in good shape.  I had to call the banker after 10 days to see what was going on, turns out their board wanted nothing, I repeat nothing to do with us even though we have always fufilled our end of the bargin.  Even some more conservitive bankers than BMO were willing to do business with us.  That was the last straw!

The only thing I will mis is some of the cute girls in the lobby!

* this reviewer has be with this bank for 3 - 10 years
* this reviewer had 3 - 5 banks before.
* this review was made on BMO Bank, Stevens Point Branch at Stevens Point, WI
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