49.4 F
Fort Worth
Sunday, November 29, 2020
Banking BMO Financial Group expands into Fort Worth

BMO Financial Group expands into Fort Worth

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...

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.

www.bmo.com


close






Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

Latest News

Stocks edge higher on Wall Street on latest vaccine hopes

NEW YORK (AP) — U.S. stocks edged higher in morning trading Monday after investors received several pieces of encouraging news on COVID-19 vaccines and...

Mnuchin denies he’s trying to hinder incoming administration

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin denied that he is attempting to limit the choices President-elect Joe Biden will have to promote an...

Bank of America announces $2.65 million jobs initiative for Texas Black and Hispanic-Latino students

Bank of America announced a new multimillion dollar jobs initiative Nov. 19 to help students of color complete the education and training necessary to...

PNC to buy US unit of Spain’s BBVA bank for $11.6 billion

NEW YORK (AP) — PNC Financial Services Group said Monday it is buying the U.S. subsidiary of Spain's BBVA bank for $11.6 billion in...

Banker gets 1-year term for coronavirus relief funds fraud

By MATTHEW BARAKAT Associated PressALEXANDRIA, Va. (AP) — A northern Virginia banker who admitted illegally receiving $1.4 million in fraudulently obtained coronavirus relief funds...