Harris Launches Online Banking for Business Service for Global Treasury Management Clients

SAN ANTONIO and CHICAGO, Nov. 8, 2010 /PRNewswire/ -- Harris Bank, and its parent company BMO Financial Group (NYSE, TSX: BMO), announced today that they have launched a powerful, new treasury management platform that will help large corporate and commercial clients manage their day-to-day banking needs online.

The new service, entitled "Online Banking for Business," is designed to significantly improve online usability and security.  It will be introduced to all Harris Commercial Banking clients in 2011, ensuring they have access to a single point of entry to manage all global cash management and foreign exchange services online.

The new service is designed to create power, personalization, and performance that will transform clients' online banking experience. It will feature a new home page and customized options to provide a quick and complete view of a client's banking relationship to help make important treasury management decisions. The online service is also set to include the ability to centrally manage investments, loans, trade finance and corporate card transactions.

"We designed this platform, first and foremost, from our clients' perspective," said Stephen Rogers, Managing Director, Global Treasury Management, Harris Bank.  "Everyone's needs are different; and with that in mind, we focused on taking a personalized approach, one that allows the client to define their own experience."

"Next generation banking platforms such as Online Banking for Business set themselves apart by putting the workflow of the client at the center of the action," says Marc Harrison of Greenwich Associates, a Connecticut-based consulting firm which provides independent market analysis. "Online Banking for Business provides the opportunity to view information regarding cash balances and FX in a single location.  Online Banking for Business provides enhanced administration for seamless access to cross border capabilities which is a competitive differentiator for BMO and Harris."

"It's about bringing power to our clients," said Rogers.  "Their time is more valuable than ever, and our new platform will ensure they make the most of their treasury management experience with Harris Bank."

About Harris

Harris is an integrated financial service organization providing more than 1.3 million personal, business and corporate clients with banking, lending, investing and wealth management solutions. The organization is a member of the BMO Financial Group (NYSE, TSX: BMO), which also provides corporate and investment banking services in the U.S. under the BMO Capital Markets name.

Harris® is a trade name used by various financial service subsidiaries of Harris Financial Corp.  Banking products and services are provided by Harris N.A., The Harris Bank, N.A. and their bank affiliates, Members FDIC. Brokerage products are offered through Harris Investor Services, Inc. (HIS), a registered broker/dealer, member FINRA/SIPC, and SEC-registered investment advisor.  Insurance and annuities are offered through Harris Bancorp Insurance Services, Inc. (HBIS). Investment banking services are provided by BMO Capital Markets Corp. (BMOCMC) and BMO Capital Markets GKST, Inc. (GKST), a Municipal Bond Dealer and member FINRA and SIPC.  Financial planning and investment advisory services are provided by Sullivan, Bruyette, Speros & Blayney, Inc. (HSBSB), an SEC registered investment advisor.  Family Office Services are provided by Harris myCFO, Inc.  Investment advisory services are offered by Harris myCFO Investment Advisory Services LLC (HmyCFO), a SEC-registered investment advisor and wholly-owned subsidiary of Harris myCFO, Inc.  Stoker Ostler Wealth Advisors (SOWA) is an SEC-registered investment advisor. Investment advisory services to institutional clients are provided by Harris Investment Management (HIM), an SEC-registered investment advisor.  Products offered by HIS, HBIS, BMOCM, HSBSB, HmyCFO and HIM, affiliated companies and are wholly owned subsidiaries of Harris Financial Corp.,: Are Not Insured by the FDIC or any Federal Government Agency, Not a Deposit of or guaranteed by Any Bank or Bank Affiliate, May lose Value.  The purchase of insurance or an annuity is not a condition to any bank loan or service.  Not all products and services are offered in every state and/or location.

SOURCE Harris Bank