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BMO

BMO Adding 15 Arizona Bank Branches

The Bank of Montreal (BMO) plans to add approximately 15 locations in Phoenix and Tucson over the next five years. BMO currently has 47 branches in Arizona as of March 2026, and over 750 fee-free ATMs statewide.

This multi‑year investment reflects BMO’s commitment to expanding in‑person, advice‑led banking across high-growth communities in the Western United States.

Each new financial center is designed as a modern financial advice hub, bringing together a holistic suite of banking expertise across Personal and Business Banking, Commercial Banking, and Wealth Management to support clients’ full financial lives.

Aron Levine, President, BMO U.S added, “These financial centers provide our clients more opportunity to meet face to face with our teams to discuss their goals for their business and personal financial lives, build trusted relationships, and receive personalized guidance that helps them make real financial progress.”

Phoenix Outlook: Where Growth Is Accelerating — and Where It’s Stalling: Metro-level headlines no longer tell the full story. On April 8 at Connect Phoenix Multifamily, SFR & BTR, senior operators and investors will examine uneven absorption, delivery pressure, shifting rent performance and how fundamentals are expected to evolve over the next 12–24 months. If you’re underwriting Phoenix, this discussion belongs on your calendar. Register to attend: www.ConnectPHXMF2026.com 

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

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