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This agreement accomplishes this through increased investment and services in LMI communities and communities of color and increased lending to BIPOC-owned small businesses. It includes chequing and savings account options, lines of credit, credit cards and investing accounts to help new healthcare professionals start their careers. The five-year plan was developed with input from over 85 community groups from across the country through listening sessions facilitated by the National Community Reinvestment Coalition NCRC and CRC, the Alliance to Close the Racial Wealth Gap, a public meeting and written comments submitted to regulators. This agreement accomplishes this through increased investment and services in LMI communities and communities of color and increased lending to BIPOC-owned small businesses. BMO offers a variety of business chequing accounts designed for different operational needs.
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