Associated Bank is a midwest regional bank in 230 locations and is best well known for their relationship with the community. They offer premium rates to consumers who open a checking account along with savings or an investment account.
Whereas BMO Harris Bank has 600 branches in the Midwest. They offer a large range of personal financial services to help consumers take control of their finances.
Continue reading below to see a side-by-side comparison between the two banks, so you can see which one offers the services you need the most.
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|Associated Bank||BMO Harris Bank|
|Locations||230 locations in the Midwest||600 branches in the Midwest|
|ATMs||25,000 ATMs in the MoneyPass network||43,000 fee-free ATMs|
|Pros||-Wide ATM network
-24/7 customer service
-Special term CD with high APY
|-Free checking with eStatements
-High APY for CDs
-Good financial tools
|Cons||-No free checking option
-High account fees
-Low savings APY
|Bottom Line||Associated Bank offers basic services, but with higher fees.||BMO Harris Bank offers products like checking, savings, CDs, and IRAs.|
Which Bank is Better: Associated Bank or BMO Harris Bank?
- Associated Bank’s account offerings are on the small side, but if you are looking for a basic checking or savings account to put a large amount of money for a while, their service is worth checking out.
- If you prefer in-person banking and like access to all of your accounts in one place, BMO Harris may offer just what you need