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   Home > Accounts and Plans > Business Accounts > Community Account
Community Account

Is this right for you?

The Community Account is a Canadian dollar, interest-bearing deposit account designed for small local not-for-profit organizations exclusively to provide lower cost banking and increase funds available for good causes. Find out how to switch your banking hassle free.

The Details

  • Quarterly statements provided with no administration fee.
  • Items charged back to the account at no charge.
  • Direct Banking by phone and Online Banking access provided at no charge*.
  • Personal-size cheques and coin wrappers provided free.
  • FirstBank Card® for Business card provided at no cost.
  • A specified number of cheques on deposit and a specified amount of cash (notes) and coin on deposit each month, without incurring deposit contents fees.
  • A specified number of account transactions each month, including a set number of in-branch deposits without charge.
  • Around-The-Clock Depository Service provided at no cost for the duration of special events or short-term campaigns.
  • This account is available to Canadian residents only

* Does not include applicable transaction fees.

BMO Bank of Montreal would be pleased to support your organization. Visit your branch to open a Community Account today.

The Next Step

To discuss further, contact us at
1 877 262-5907
or visit your BMO Bank of Montreal branch.


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