BMO Financial Group says it has completed the sale of 138 U.S. bank branches to First-Citizens Bank & Trust Company. The deal transfers branches located across North Dakota and South Dakota, with the parties stating the transaction was completed on Sept. 4, 2026.
BMO previously announced the sale, and PR Newswire reports that the completion follows the terms earlier outlined for the branch divestiture. The Winnipeg Free Press piece referenced in the provided materials aligns with the announcement that BMO has finished selling the 138 branches to First Citizens. Across sources, the focus remains on the transaction’s completion date and the number of branches involved, rather than on broader operational or financial implications.
While the outlets share the same core facts, PR Newswire frames the news as a formal corporate update released from Toronto and Chicago. No other differing angles or additional details were included in the excerpts provided.