Bank of the West now has a new owner (2024)

DENVER — Bank of the West is now part of BMO Financial Group.

The acquisition of Bank of the West adds nearly 1.8 million customers to BMO, extending its banking presence with 500 additional branches and offices.

BMO said it is now the 8th largest bank in North America by assets, with a footprint in 32 states including Colorado.

Bank of the West signage in the Denver metro area began reflecting the BMO acquisition in July.

Conversion of the banks' systems is expected in early September.

"We are excited to be bringing BMO and Bank of the West together to continue building a leading North American bank with a shared focus on progress for our customers, employees, communities and the planet," said Darryl White, CEO, BMO Financial Group.

"We've been providing banking services to BMO customers for over 200 years, helping them make real financial progress, expand their businesses and drive economic growth. We look forward to working with communities across our expanded U.S. footprint to help drive meaningful change at the local level through a strong combination of financial and community-driven investment," said David Casper, U.S. CEO, BMO Financial Group.

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