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BMO Ranks First in J.D. Power 2023 Canada Retail Banking Satisfaction Study

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Thursday, October 19, 2023

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Power 2023 Canada Retail Banking Satisfaction Study.

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Power 2023 Canada Retail Banking Satisfaction Study.
The annual study analyzes direct feedback from thousands of customers across Canada and measures their satisfaction with their primary bank.
In addition to ranking #1 for Retail Banking Customer Satisfaction, BMO received the highest score among Canada's largest banks in the J.D.
Power 2023 Canada Online Banking Satisfaction Study in June.1

BMO Supporting Customers Impacted by Wildfires in Atlantic Canada, Quebec, and Ontario

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Wednesday, June 14, 2023

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TORONTO, June 14, 2023 /CNW/ - BMO today announced it is supporting customers impacted by the wildfires in Atlantic Canada, Quebec, and Ontario with specialized assistance programs to aid those facing financial hardship.

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TORONTO, June 14, 2023 /CNW/ - BMO today announced it is supporting customers impacted by the wildfires in Atlantic Canada, Quebec, and Ontario with specialized assistance programs to aid those facing financial hardship.
"BMO is expediting relief options for our customers in communities impacted by wildfires across Canada," said Erminia (Ernie) Johannson, Group Head, North American Personal and Business Banking, BMO.
"We want to ensure taking care of the financial impacts of this disaster are as easy to address as possible for our customers."
Financial relief available to BMO customers impacted by this event include:
Support for Canadian Business Banking and Commercial Banking clients via payment deferrals and fee relief where possible.

BMO Announces 2022 Celebrating Women Grant Program Recipients to Help U.S. Women-owned Businesses Make Progress

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Wednesday, March 15, 2023

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"Our commitment to removing barriers to women's financial progress is at the core of BMO's Celebrating Women Grant Program and a driving force behind our Purpose to Boldly Grow the Good in business and life.

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"Our commitment to removing barriers to women's financial progress is at the core of BMO's Celebrating Women Grant Program and a driving force behind our Purpose to Boldly Grow the Good in business and life.
"Deloitte is proud to work with BMO to support women-led businesses, and we extend our enthusiastic congratulations to the recipients of this year's BMO Celebrating Women Grant Program," said Kathy Scherer, Central Region Market Leader and Chicago Managing Partner, Deloitte LLP.
In addition to the grants, BMO is offering a comprehensive package to all BMO Celebrating Women Grant recipients that includes an invitation to an education series focused on business growth, a one-year membership with one of the bank's partner advisory boards, a feature on bmo.com/women and BMO social channels, as well as a BMO Celebrating Women Grant Recipient social badge.
To learn more about BMO Celebrating Women, visit bmo.com/women and join the social conversation using #WomenInBusiness.

BMO receives Cara Collective's Good Neighbor Award recognizing innovative inclusive workforce development program BMORE

Retrieved on:

Monday, October 31, 2022

BMORE is BMO and Cara Collective's inclusive workforce development program to recruit, train and place individuals into customer service roles in Chicago, resulting in nearly four dozen Associate Banker roles

Key Points:

BMORE is BMO and Cara Collective's inclusive workforce development program to recruit, train and place individuals into customer service roles in Chicago, resulting in nearly four dozen Associate Banker roles
$390,000 has been invested by BMO in Cara Collective to recruit, train and retain Cara job seekers
CHICAGO, Oct. 31, 2022 /PRNewswire/ -Cara Collective, a workforce development organization dedicated to eradicating poverty, has recognized BMO with its 2022 Good Neighbor Award upon the 2-year anniversary of the BMORE program.
BMORE was co-created between BMO and Cara to remove barriers to employment and increase access to careers in banking and finance.
The Good Neighbor Award is presented to organizations whose partnerships with Cara Collective have helped its mission expand its reach to fuel a courageous national movement to eradicate relational and financial poverty.
Nearly $390,000 has been invested by BMO in Cara's job seekers and the BMORE program has resulted in dozens of new Associate Banker roles across the bank's Chicago branches.

American Banker announces the 2022 honorees for The Most Powerful Women in Banking™

Retrieved on:

Wednesday, October 5, 2022

NEW YORK, Oct. 5, 2022 /PRNewswire-PRWeb/ -- Today, American Banker announced the 2022 honorees of The Most Powerful Women in Banking™. Now celebrating its 20th anniversary, the program recognizes individuals and teams for demonstrating exceptional leadership skills, strong performance and a commitment to driving real outcomes for diversity, equity and inclusion in financial services.

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Celebrating its 20th anniversary this year, the program honorees include leaders from Citi, JPMorgan Chase, Wells Fargo, Goldman Sachs, Bank of America, BMO and more
NEW YORK, Oct. 5, 2022 /PRNewswire-PRWeb/ -- Today, American Banker announced the 2022 honorees of The Most Powerful Women in Banking.
Titi Cole's promotion to CEO of Legacy Franchises at Citi also means she moves from The Most Powerful Women to Watch to The Most Powerful Women in Banking.
American Banker recognizes leaders in financial services: The Most Powerful Women in Banking , The Most Powerful Women to Watch , The Most Powerful Women in Finance and - Top Teams .
The annual gala for The Most Powerful Women in Banking honorees will close out the ceremonies at The Glasshouse on October 27, 2022.

BMO Harris Bank Announces Minimum Base Pay Increase, Bringing Hourly Pay to $20

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Monday, July 11, 2022

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The increase impacts both new hires and current team members who earn below the new minimum base pay for their position.

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The increase impacts both new hires and current team members who earn below the new minimum base pay for their position.
This is the second minimum hourly wage increase in just 10 months after the bank raised its hourly base pay to $18 per hour in October 2021.
The bank also raised base pay by 3% for a majority of its employees including those impacted by today's increase announcement in June of this year.
BMO Harris Bank is part of BMO Financial Group, a highly diversified financial services provider with total assets of CDN$1.04 trillionas ofApril 30, 2022.