BMO Alto, a division of Bank of Montreal Harris
For information concerning BMO Bank National Association parent bank, please click here .
Phone: 888 340 2265
Online Rates - February 17, 2026
Your current location is: New York City, NY
| SAVINGS RATES | APY | MIN | |
|---|---|---|---|
|
SAV
|
3.25% | $0 | Compare |
| CD RATES | APY | MIN | |
|---|---|---|---|
|
6 Mo CD
|
2.50% | $0 | Compare |
|
12 Mo CD
|
2.50% | $0 | Compare |
|
24 Mo CD
|
2.00% | $0 | Compare |
|
36 Mo CD
|
2.00% | $0 | Compare |
|
48 Mo CD
|
2.00% | $0 | Compare |
|
60 Mo CD
|
2.00% | $0 | Compare |
Money that you deposit is held by BMO Bank National Association. BMO Bank National Association is an FDIC insured institution founded in 1947. It has approximately $249.34 billion in assets.
Overview 2026
General Information of the Parent Bank
| FDIC Insured | Yes |
| Insured Parent Bank | BMO Bank National Association |
| FDIC Certificate | # 16571 |
| Date Established | 1947 |
| Assets | $249.34 billion |
| Loans | $136.98 billion |
| Deposits | $194.76 billion |
| Capital | $36.81 billion |
Customer Reviews for BMO Alto, a division of Bank of Montreal Harris (3)
Rated 1.00 stars out of 5 - based on 3 reviews
Savings Comparison
This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis."
PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES
Tax Rate: 30%
All calculations are for demonstration purposes only."
- 1ONLINE SAVINGSOnline Bank-$50,000N.A.3.25%14.44x (National Avg. - 0.23%)$0-SCENARIO
Year Rate
3.25%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,625 1,138 2 51,625 1,678 1,174 3 53,303 1,732 1,213 4 55,035 1,789 1,252 5 56,824 1,847 1,293 6 58,671 1,907 1,335 7 60,577 1,969 1,378 8 62,546 2,033 1,423 9 64,579 2,099 1,469 10 66,678 2,167 1,517 11 68,845 2,237 1,566 12 71,082 2,310 1,617 13 73,392 2,385 1,670 14 75,778 2,463 1,724 15 78,240 2,543 1,780 16 80,783 2,625 1,838 17 83,409 2,711 1,898 18 86,119 2,799 1,959 19 88,918 2,890 2,023 20 91,808 2,984 2,089 TOTAL $44,792 $31,354 - 2ONLINE SAVINGSBank-$50,000N.A.3.75%16.67x (National Avg. - 0.23%)$1,000-SCENARIO
Year Rate
3.75%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,875 1,313 2 51,875 1,945 1,362 3 53,820 2,018 1,413 4 55,839 2,094 1,466 5 57,933 2,172 1,521 6 60,105 2,254 1,578 7 62,359 2,338 1,637 8 64,697 2,426 1,698 9 67,124 2,517 1,762 10 69,641 2,612 1,828 11 72,252 2,709 1,897 12 74,962 2,811 1,968 13 77,773 2,916 2,042 14 80,689 3,026 2,118 15 83,715 3,139 2,198 16 86,854 3,257 2,280 17 90,111 3,379 2,365 18 93,491 3,506 2,454 19 96,996 3,637 2,546 20 100,634 3,774 2,642 TOTAL $54,408 $38,085
J Tremain
February 22, 2024 |
They gave me the new, lower CD rate even though I had opened the account online when the CD rate was 0.15% higher. I checked with Wells and they had even initiated the transfer before they lowered the rate. I called CSR and the rep who seemed to be in Mississippi said "it goes both ways, you understand." Just trying to get my money back from these folks now. Don't ever do business with BMO Alto.
Review on the Parent BankJen Y
April 1, 2023 |
Terrible! Their bill pay does not always pay on time. I set payments for a certain date and they did not arrive on the “guaranteed” arrival date. We ended up with late fees for our credit card not once but twice! Their resolution department promised to cover the fees, but never did. They instead made excuses as to why the bill was not paid in time. I’ve pulled my money from this account and will tell everyone I know about my experience.
Review on the Parent BankChicagoFinancials
January 20, 2023 |
Terrible, their website does not work, they advertise rates that they will not actually give you. Keep in mind I have banked here my entire life. Never wanted to go to a larger bank, but maybe they won't have me feeling like I am being scammed.
Review on the Parent Bank