Chicago-based BMO sells 138 branches in 11 states to First Citizens Bank, including one in Illinois

In what it calls a strategic “branch optimization,” BMO also plans to open 150 banking locations over the next five years, with a focus on expanding in California.
Crain's Chicago Business

BMO sells 138 branches with plan to boost presence in California

Bank of Montreal agreed to sell 138 branches in 11 states to First-Citizens Bank & Trust Co. with plans to open 150 others ...