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Bank of Montreal (Banque de Montreal), Montreal

Categories: Architectural Buildings, Specialty Museums, Museums, Tourist Spots
Inspirock Rating:
4/5 based on 50+ reviews on the web
The Bank of Montreal, operating as BMO Financial Group and commonly shortened to BMO, is one of the Big Five banks in Canada. It is the fourth-largest bank in Canada by market capitalization and based on assets, and among the ten largest banks in North America.On June 23, 1817, John Richardson and eight merchants signed the Articles of Association to establish the Bank of Montreal in a rented house in Montreal, Quebec. The bank officially began conducting business on November 3, 1817, making it Canada's oldest bank. BMO's Institution Number is 001. In Canada, the bank operates as BMO Bank of Montreal and has more than 900 branches, serving over seven million customers. The company also has substantial operations in the Chicago area and elsewhere in the United States, where it operates as BMO Harris Bank. BMO Capital Markets is BMO's investment and corporate banking division, while the wealth management division is branded as BMO Nesbitt Burns.The company is ranked at number 131 on the Forbes Global 2000 list.The company has not missed a dividend payment since 1829, paying dividends consistently through major world crises such as WWI, The Great Depression, WWII, and the 2008 Financial Crisis, this makes Bank of Montreal's dividend payment history one of the longest in the world.HistoryThe Bank of Montreal was founded in 1817 as the first bank in Canada. The Bank of Montreal established branches in Newfoundland on January 31, 1895, following the collapse of the Newfoundland Commercial Bank and Union Bank of Newfoundland on December 10, 1894.
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  • Founded in 1817, Bank of Montreal is Canada's first bank. The Montreal main office at 119 Saint-Jacques was built in 1847. The Neoclassical building was built to impress -- and impress it does. Anyone...  read more »
  • Take a moment to step into this fabulous old building and be awed by the interior design. Check out those columns! It's a quick, free, stop on a great walking tour of Montreal. 
  • While I wouldn't come here just for the museum (unless I was a banker of course), we did visit this on our walking tour of the old city. It was very well done and interesting! Check it out. 
  • Useful 24-hour ATM just inside the entrance - the Notre Dame cathedral only takes cash for entry. However it charges you $3 per withdrawal with a $500 per withdrawal limit.
  • Meh, it's a bank, right? True, but this one of once the bank's flagship. Just go and check out the lobby.
  • This is the most beautiful bank ever
  • What a pompous, extravagant interior! A must - see.
  • I really love the archetecture of this very grainy, strong BMO building. The interior is a wealth of beauty only possibly trumped by the Montreal Basilique or perhaps the St Paul hotel located so very close by. There is so much great detail payed to the items that would modernly be over-looked. From the copper doors and frames to the slate marble and oak moldings. It is not every day that a banks true value is so well on display.
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