News archive

 

Begin Your Financial Journey with BMO: Exclusive Banking Support for Canada’s Defence Community

Feb 15, 2026
The Legion is proud to share BMO’s Canadian Defence Community Banking Program - offering no-fee banking, helpful financial tools, and exclusive rates for Veterans, military families, and defence personnel.

Canadian Defence Member carrying a child

At BMO, supporting the Canadian Defence Community isn’t just something we say, it’s something we’re proud to do every day. As the official bank of the Canadian Defence Community, we’re here to help military members, Veterans, and their families make real financial progress with banking solutions designed around your unique lifestyle.


Through our long‑standing partnership with the Canadian Forces Morale and Welfare Services (CFMWS), and with the Legion’s support in sharing this program, we’re committed to making your financial journey smoother and more rewarding. 

Why the CDCB Program Matters?

If you’re part of the defence community, you know that life can move fast - new postings, relocations, and changing financial priorities. That’s exactly why the Canadian Defence Community Banking (CDCB) Program exists. It’s built to fit your life, not the other way around.

In fact, members of the program collectively saved more than $21 million in banking fees in 2024, showing just how impactful these benefits can be. Beyond everyday banking perks, the CDCB Program also offers tools and resources to help you learn, plan, and feel confident about your financial future - no matter where service takes you.

What You Get with the CDCB Program?
Here are some of the key benefits available to eligible members:
  • Complimentary access to BMO SmartProgress™, our online financial education tool
  • No monthly plan fee on a Performance Plan Chequing Account
  • Exclusive mortgage rates to support your homeownership goals
These perks are designed to help you save money, build financial knowledge, and make progress toward your goals.

Who’s Eligible?
The CDCB Program is open to a wide range of individuals connected to Canada’s Defence Community, including:
  • Regular and reserve force members
  • Veterans and retirees
  • Department of National Defence and Non‑Public Funds civilian staff
  • RCMP public servants and civilian members
  • Canadian Coast Guard
  • Families of the above groups
If you're part of this community, there’s a good chance you qualify.

Start Your Journey Today

Whether you’re opening your first account, preparing for a new posting, or planning ahead for your family’s future, BMO is here to support you every step of the way with exclusive benefits and personalized tools.

Explore all the details and check your eligibility at bmo.com/cdcb