BMO Financial Group and its U.S. subsidiary, Harris, today announced they have received all required U.S. regulatory and shareholder approvals and expect to close the acquisitions of Ozaukee Bank and Merchants and Manufacturers Bancorporation, Inc., later this month.

Harris and BMO announced, in July 2007, a definitive agreement for BMO to purchase Ozaukee Bank, a community bank with six full-service and two limited-service locations in the northern part of the greater Milwaukee area.

Additionally, Harris and BMO announced a definitive agreement to purchase Merchants and Manufacturers (OTC: MMBI). Also headquartered in the Milwaukee area, Merchants and Manufacturers operates 34 full-service and 11 limited-service locations in an area concentrated in Milwaukee, and extending into Green Bay to the north and LaCrosse to the west.

“Milwaukee is an attractive market for Harris, with median household income and projected household income growth higher than the U.S. national average,” says Bill Downe, CEO, BMO Financial Group. “When you add to that the commitment to customer service and community involvement Harris shares with Ozaukee and Merchants and Manufacturers, we believe we have significant potential to grow our market share and further enhance both banks’ customer experiences by adding the full breadth of personal, business and wealth management services that Harris’ customers in the Chicago-area market have enjoyed for 125 years.”