BMO Financial Group is expanding its North Texas presence with the launch of its second commercial banking unit in Fort Worth.
Nick Salomone has been named Fort Worth Market Executive for BMO and the new commercial banking unit will build on the momentum of the commercial banking office in Dallas which opened in 2016, according to BMO officials. BMO is looking for a brick-and-mortor location in Fort Worth, officials said.
“The continued strong demographic and economic indicators, and increasing demand for our commercial banking services, made the decision to expand our commercial banking team into Fort Worth a natural next step,” said Brian Enzler, Market Executive, Commercial Banking, Texas, BMO Harris Bank. “We’ve experienced exceptional growth since we opened our first commercial banking office in North Texas in 2016, and we’re pleased that we were able to attract top local talent to help us offer the breadth and depth of BMO’s capabilities to increasing numbers of customers.”
Over the past three years, the commercial banking office in Dallas, headed by Enzler, has expanded rapidly, reflecting tremendous demand for the team’s services and industry expertise, according to a BMO news release. The team recently added a Wealth Management unit headed by Mark Walsh.
The Fort Worth team consists of Market Executive Nick Salomone – who in his most recent role was a commercial banking market executive in Fort Worth for a competing bank – as well as Relationship Manager Greg McCollum, Customer Service Associate Jeanne Ellen Esparza, Business Development Officer Ryan Merz, and Portfolio Manager Martin Velasco.
BMO is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of $830 billion as of April 30, 2019, BMO conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.