BMO US reviews

3.5

55% would recommend to a friend

(1,941 total reviews)

Darrel Hackett

36% approve of CEO

56% positive business outlook

BMO US has an employee rating of 3.5 out of 5 stars, based on 1,941 company reviews on Glassdoor which indicates that most employees have a good working experience there. The BMO US employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

2K reviews
1.0
Apr 15, 2017
Recommend
CEO approval
Business Outlook

Pros

Nice people who will will come across as caring but they will not always be truthful. I and others were told that our jobs were safe while they were eliminating other jobs. They then eliminated our jobs as well.

Cons

Many. The commercial people overlap and compete against each other. It can be confusing and embarrassing to a customer when they both try to sell to them.

4.0
Dec 10, 2016
Recommend
CEO approval
Business Outlook

Pros

BMOFG and BMOHB is a very strong and well diverse organization. The company has a strong initiative for supporting community and nationally based organizations encouraging diversity with many groups such as the LGBT, African American and Women's group. BMO offers the "feel" of a community bank with the financial backing and capabilities of a large, national bank.

Cons

The company is trying to grow very fast by expanding their balance sheets and market share. Due to their eagerness to generate business, they offer many cash incentives to new customers for opening accounts and new dollar money market rate bonuses. While this may sound great, these promotions have begun to attract the wrong kind of client. People open accounts, do the minimum for the bonus and then close the accounts once they're clear to. They have also restructured their incentive plan for retail employees so much that it is almost impossible to hit bonus. Also, the technology leaves a lot to be desired.

1.0
Aug 3, 2016

Need to Value Employees More

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The hours are conducive with a decent work-life balance. Most of the non-managers are great people.

Cons

The company needs to value their employees more. They do a wonderful job in promoting people, but only if you know the right people.

Viewing 43 - 45 of 1,941 Reviews

Glassdoor has 2,121 BMO US reviews submitted anonymously by BMO US employees. Read employee reviews and ratings on Glassdoor to decide if BMO US is right for you.