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A BMO employee with a box of groceries BMO Employees Donate to Combat Economic Disparity

 

Employee giving

In a year that’s seen tremendous social and economic challenges, BMO employees across North America have come together to fuel positive change where they live and work through the 10th annual Employee Giving Campaign. In addition to the $66 million in corporate donations BMO has made in 2020, since late November, close to 90 per […]

Parents take a break on a couch with their toddler on moving day BMO Harris helps increase access to homeownership

 

Financial inclusion

The Illinois Housing Development Authority (IHDA) recently announced an innovative new program called SmartBuy, which aims to put homeownership within reach for families in Illinois by removing the burden of student loans. IHDA finances the creation and the preservation of affordable housing across the state. Student loan debt is a common barrier to homeownership. The […]

A black businessman smiling BMO Harris launches Black and Latin-owned small business programs

 

Diversity and inclusion, Financial inclusion

As part of its recently announced five-year, $5 billion BMO EMpower initiative aimed at supporting an inclusive economic recovery, BMO recently announced $300 million for small business lending to expand resources for women, Black and Latinx-owned small businesses. The Black and Latinx Small Business Team will offer new loan products, meaningful networking opportunities, educational content […]

Holiday window display for Magnificent Mile Lights Festival BMO Harris Magnificent Mile Lights Festival kicks off

 

Community giving

You know the holiday season is right around the corner when the annual BMO Harris Magnificent Mile Lights Festival event takes place. This year, the festival took on a different look and feel. There wasn’t a parade, but a show was curated and shown in Chicago on ABC7 this past Sunday to honor the tradition […]

Two little girls sitting on their father's lap facing him BMO Commits $5 Billion to Advance Inclusive Economic Recovery in the U.S.

 

Diversity and inclusion, Financial inclusion

BMO Financial Group has announced BMO EMpower, a series of long-term commitments to advance inclusive economic recovery in the United States, pledging $5 billion over the next five years to address key barriers faced by minority businesses, communities and families. The multi-year plan will be unveiled at a virtual event hosted by BMO on Thursday, […]

Mother and daughter looking at each other BMO donation makes Latino Progresando’s new Community Resource Center in Little Village neighborhood a reality

 

Community giving

Latinos Progresando (LP), an organization whose mission is to deliver high quality information and resources for people to build secure, healthy and productive lives, is in the process of transforming an abandoned library in Little Village into a community center that will provide essential resources to individuals. “Our neighborhood has faced so many challenges this […]