The BMO Non‑Profit Small Business Checking Account is a fee‑free checking solution designed specifically for nonprofit organizations, offering $0 monthly maintenance fees and valuable features that help reduce operational costs. It includes 200 free transactions per statement period, with additional transactions costing $0.40 each, and allows up to $5,000 in cash deposits at no charge. Nonprofits also benefit from access to more than 40,000 BMO and Allpoint® ATMs nationwide, full online and mobile banking capabilities—including mobile check deposit—and optional services such as a Business Debit Mastercard®, payroll processing, remote deposit capture, overdraft protection, and card payment services with same‑day funding. As noted across reviews, this is the only BMO business checking account that is completely free for nonprofit organizations, making it an economical and feature-rich option for mission‑based groups
