Unlock up to $479* in annual savings for you and your loved ones.

No monthly fee banking* for members of Canadian Defence Community, spouse, immediate family members and friends from the Canadian Defence Community.

Save up to

Save $203* per year with no monthly fee banking


Get unlimited transactions and Interac®† e-transfers


Save $156 per year with a complimentary OnGuard®  Identity Theft Protection Service



Chequing Account

Save up to $120* per year with 5 free non-BMO ATM withdrawals per month

Whatever life stage you’re in, we have banking options for you

Learn more about our special CDCB program mortgage and lending options.

CDCB Banking FAQs

What's the Canadian Defence Community Banking (CDCB) Program?

We're not just the official bank of the Canadian Defence Community, we're here to help military families make real financial progress. We've partnered with the Canadian Forces Morale and Welfare Services (CFMWS) to offer banking solutions for the Canadian defence community. Click here to learn more and see what else you can save.

Who's eligible for the CDCB program?

Program benefits are exclusive to regular force personnel, reserves, recruits, military families, veterans and retirees, as well as Department of National Defence (DND) and Staff of the Non-Public Funds civilian personnel, the RCMP and the Canadian Coast Guard.

How much can I save in bank fees with the CDCB Performance Plan Chequing Account?

Our Canadian Defence Community customers saved almost $15M1 in monthly banking fees in 2021 by banking with us. You can also save up to $479* each year with, $203 savings with no monthly plan fees, $120 savings with 5 non-BMO ATM withdrawals in Canada each month, and $155 savings with Identity Theft Protection included at no charge.

How can I contact BMO to learn more about the CDCB program?

Visit any BMO branch or make an appointment online at bmo.com/appointment.

Need help? That’s what we’re here for.

Find your nearest BMO ATM or branch and get updated branch hours.

With BMO branches across Canada and over 90 assigned to military bases, we’re ready to serve.


®† Interac e-Transfer is a registered trademark of Interac Inc. Used under license.

*The Savings of up to $479 is based on the following savings in a year: (i) $203.40 for the Performance Plan Monthly Fee of $16.95 per month for 12 months; (ii) $155.88 for the retail value of OnGuard®^ charged at $12.99 per month; (iii) $120 for the value of 5 debit transactions ($2/each) per month using non-BMO ATMs on the Cirrus Network.

1. The savings of $15M is based on 78,516 active members enrolled in the Canadian Defence Community Banking (CDCB) Discounted Banking Program between Jan-Dec 2021. Members are provided a discount of $16.95 off the Performance and Premium Bank Plan. Fees saved for 2021 assumes a savings of $16.95 per month per month and that members would not have been eligible for any other discounts or offers that may have otherwise reduced or eliminated their monthly plan fee such as a daily balance fee waiver

2. Interac e-Transfer transactions are subject to maximum send and receive dollar amounts. For Bank Plans that do not include unlimited transactions, excess transaction fees may apply if you perform an Interac e-Transfer transaction over and above the number of transactions allowed for the Plan. A cancellation fee may still apply when you cancel the transaction.

3. Plan, transaction, service and product fees may still apply. You’re eligible for OnGuard if you are a BMO customer who has a lead account* with one of the following Bank Plans: Performance Plan, Premium Plan, Platinum Plan or Employee Plan. In addition, to qualify for OnGuard, you must be a Canadian resident who has reached the age of majority for your province or territory, and you must be registered for BMO Online Banking and/or Mobile Banking and you must have a valid email address on your BMO profile and your lead account must be in good standing. Customers with an eligible Bank Plan with the Kids or Teens discounted banking program do not qualify for OnGuard. All accountholders of a lead account with an eligible Bank Plan qualify for OnGuard provided they meet the above eligibility requirements. If you switch your lead account to an ineligible Bank Plan, then you will no longer qualify for the OnGuard service. OnGuard retail value is $155.88 annually (charged at $12.99 per month). OnGuard is provided by Sigma Loyalty Group and Intersections Inc. Terms and conditions can be found at www.bmo.com/onguard/SLGconditions.

*The lead account is the one you designate to pay any fees required by your Bank Plan, for example, your monthly Plan fees and transaction fees.