Indigenous banking at BMO
We offer personalized support and special offers to members of Indigenous communities for real financial progress. We’re committed to serving the needs of First Nations, Inuit and Métis customers.
Enjoy no monthly fee banking – Get 1 year of no monthly fee banking with a Performance Plan chequing account*93 or save annually with a Practical Plan chequing account.*109
Save money as a family with the BMO Family Bundle.*86 Enjoy no-fee daily banking*90 with all the benefits and privacy of separate chequing accounts.
Empower your financial future with BMO SmartProgress™ – an online financial educational tool
Get accessible financing with our First Nations housing loan program
Ready to open a chequing account?
Enjoy the benefits of banking with us
Special discounts and offers
Unlock special discounts on mortgages, loans, credit cards and investments to save money on all your banking needs.
Personalized service everywhere
Whether you bank at one of our 13 on-reserve branches or at another BMO location, you’ll get personalized service from our team. You can also call 1-877-411-4891 or fill out a form to get in touch with a BMO virtual banker.
Special offers for our Indigenous customers
Bank accounts
- Bank with no monthly plan fees on select chequing accounts*109
- Save $48 every year on monthly plan fees on all chequing accounts*109
- Compare features to find the right chequing account for you
Credit cards
Get a BMO® CashBack® Mastercard®* with no annual fee8
Get up to 5% cash back in your first 3 months‡‡
Conveniently apply online
Mortgages
- Enjoy special offers on a variety of mortgage options*
- Get our 130-day mortgage rate guarantee, the longest of any major Canadian bank footnote star, star
Investments
- Get bonus interest on eligible Guaranteed Investment Certificates (GICs) when you invest $1,000 or more.*95 Visit a branch to learn your special rate.
- Stay safe and secure – your initial investment is 100% guaranteed.
Loans and Line of Credit
- Get a discount on a new personal loan plan#
- Get a discounted unsecured personal line of credit#
- Apply online to find the right loan for you
- Find financial products, services and advice that contribute to your success
- Seven consecutive gold level Partnership Accreditation in Indigenous Relations (P A I R) certifications from Canadian Council for Indigenous Business (C C I B)
Ready to get started?
Our On-Reserve Housing Loan Program
Committed to making housing loans accessible for all First Nations.
- Get loans for purchasing, building, and renovating your home
Access innovative home financing options in First Nations communities, like the On-Reserve Loan Program
Connect with us to learn how we can support your housing loan needs.
Our commitment to Indigenous communities
Since 1992, we’ve worked with Indigenous communities to support their economic self-determination, serving Indigenous communities across Canada. Learn more about BMO’s commitments to Indigenous customers, colleagues, and communities.
We’re committed to attracting, retaining and advancing the careers of Indigenous people.
We actively recruit talent through outreach to Indigenous communities
We partner with Indigenous educators, counsellors and internship networks to find talent and support our Indigenous team members
We support community programs that help eliminate barriers to employment for Indigenous people
We also support the next generation of Indigenous talent through scholarships and internships.
We’ve created scholarships for Indigenous students to support their educational goals
We offer internships to Indigenous post-secondary students through the BMO Student Internship Program
For more information about internships at BMO, email us at diversity.recruitment@bmo.com
Through education and training, we’re always striving to improve our relationships with Indigenous communities.
The BMO Indigenous Advisory Council supports education and awareness at all levels of the bank, and provides guidance on our policies and practices
Our company-wide Learning from Difference training program and our Indigenous Enterprise Resource Group encourage understanding, self-identification and celebration of Indigenous peoples and cultures
For the 7th consecutive time, the Canadian Council for Indigenous Business recognized BMO with a Gold Level certification for our relationship with Indigenous communities and for championing a diverse workforce
Empower your financial future with BMO SmartProgress
Enjoy an interactive learning experience covering many important financial topics including, budgeting, credit scores, family conversations about money, homebuying, and more, with our online financial educational tool, BMO SmartProgress™.
Indigenous banking FAQs
Anyone who belongs to a First Nations, Inuit or Métis community is eligible for BMO’s special offers for Indigenous customers.
To sign up for a new chequing account, you can or book an appointment at your nearest BMO branch.
To sign up for our special offers on credit cards, mortgages, loans and investments, book an appointment.
Yes! If you already bank with us, you can transfer to the Indigenous banking program contacting the Virtual Indigenous Branch. You can fill out our online form, visit your nearest BMO branch or give us a call at 1-877-411-4891
Our On Reserve Housing Loan Program provides First Nation members homeownership opportunities through housing loans. Those who qualify can use this to help buy, build or renovate family homes
We’re committed to hiring Indigenous candidates and advancing your career. We work to break down barriers to employment and ensure the voices of our Indigenous team members are heard in the workplace.
Visit our Careers page if you’re interested in a rewarding career at BMO.
Ready to get started?
Come in and talk to us
Drop by your nearest branch to chat about your financial future.
Open an account online
Apply for an account online in as little as 7 minutes.
Let’s get in touch
Get in touch with a Virtual Banker for personalized support.
- Footnote star details Applications and the amount you can borrow are subject to meeting BMO’s standard lending criteria. Some conditions may apply. Transfer fees from your existing lender may apply. Rates are subject to change without notice.
- Footnote star, star details We guarantee your interest rate for the selected fixed rate mortgage type and term for up to 130 days from the rate guarantee start date. If the mortgage is not funded within the 130-day period, the interest rate guarantee expires. Applicable to residential mortgages only and subject to Bank of Montreal standard lending criteria for residential properties. Longest rate guarantee of any major bank as of September 15, 2025.
- Footnote # details All offers, including special rates and discounts, are subject to change without notice. Applications and the amount you can borrow are subject to meeting BMO’s standard lending criteria.
- Footnote ~ details Applications and the amount you can borrow are subject to meeting BMO’s standard lending criteria. Some conditions may apply.
- ® Footnote section detailsInterac e-Transfer is a registered trademark of Interac Inc. Used under license.
- ® Footnote star detailsMastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated. Used under license.
- ® BMO is a registered trademark of Bank of Montreal.