Skip navigation

BMO’s innovative inclusive workforce development program BMORE expands to western U.S., surpasses 100th hire

December 11, 2023 | Diversity, equity and inclusion

BMO has announced the expansion of BMORE, our innovative inclusive workforce development program that removes barriers to employment and increases access to careers in banking and finance, to support the progress of historically underserved communities. BMORE is now available in Phoenix and will launch in Los Angeles in mid-2024, joining Chicago, Milwaukee and Madison, Wisconsin.  

“BMORE is about connecting with our local communities to develop a pipeline of diverse talent and pathways to better-paying careers within the banking and financial services industry. Not only is BMO opening up new doors to those in historically undeserved communities, but through our BMORE hires, we are also able to build deeper relationships with our customers to help them make real financial progress.” 

– Carolyn Booth
Head of U.S. Distribution for U.S. Personal and Business Banking at BMO

BMO launched BMORE three years ago in partnership with our Chicago partner for the program, Cara Collective, a workforce development organization dedicated to eradicating relational and financial poverty. Since then, 103 associate bankers have been hired through BMORE across Chicago, Milwaukee and Madison. The program recruits job seekers with transferable skills and experience beyond banking, and once hired, provides intentional onboarding and ongoing mentorship. To date, $500,000 has been invested by BMO in Cara Collective to recruit, train and retain job seekers.  

“BMO’s BMORE program exemplifies how we are living out our Purpose, to Boldy Grow the Good in business and life. We are thrilled to welcome the program to the broad talent pool in Arizona and I look forward to continue growing the program across our footprint.” 

– Bernard Narine
Regional President and Head of Retail Banking, U.S. Southern Region at BMO

BMORE receives Austin Coming Together’s Excellence in Living Wage Careers award 

BMO and Cara Collective also recently received Austin Coming Together’s (ACT) Excellence in Living Wage Careers award for BMORE’s work to attract talent from under-resourced communities like Chicago’s Austin neighborhood.  

ACT is a membership-based community organization that focuses on early childhood, youth, workforce and infrastructure issues. It also offers assistance for housing, employment, internet service and utilities for residents. Each year, the organization recognizes companies and individuals making significant contributions to advancing its mission of creating conditions for a thriving Austin. 

Read our case study to learn how BMO and Cara Collective created BMORE.

Related Insights

Explore our services
Checking Accounts
Savings Accounts
Credit Cards
Loans
Mortgages
Investing & Retirement
Security Center
How We Protect You
How to Protect Yourself
Report Fraud
Security Alerts
Security Learning Center
Security Tips
Ways to Bank
Overview
Digital Banking
Register for Digital Banking
Bank by Phone
Bank at Work Services
Make a One Time Payment for your Non-Real Estate Loan
Payment Assistance for Mortgage and Home Equity
Customer support
Branch locator

Disclosure

Privacy
Legal
Security
Site map
Careers
About Our Ads
Accessibility
Cookie Usage
About BMO

App Store is a service mark of Apple Inc. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. 

Android, Google Play, and the Google Play logo are trademarks of Google Inc. 

Banking products and services are subject to bank and credit approval and are provided in the United States by BMO Bank N.A. Member FDIC.

equal housing lender NMLS 401052

Notice to Customers  

To help the government fight the funding of terrorism and money laundering activities, federal law (USA Patriot Act (Title III of Pub. L. 107 56 signed into law October 26, 2001) requires all financial organizations to obtain, verify and record information that identifies each person who opens an account. When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask you to provide a copy of your driver's license or other identifying documents. For each business or entity that opens an account, we will ask for your name, address and other information that will allow us to identify the entity. We may also ask you to provide a copy of your certificate of incorporation (or similar document) or other identifying documents. The information you provide in this form may be used to perform a credit check and verify your identity by using internal sources and third party vendors. If the requested information is not provided within 30 calendar days, the account will be subject to closure.  

Third party web sites may have privacy and security policies different from BMO. Links to other web sites do not imply the endorsement or approval of such web sites.  

Please review the privacy and security policies of web sites reached through links from BMO web sites. This information is not intended to be tax or legal advice. This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. This information is being used to support the promotion or marketing of the planning strategies discussed herein. BMO Bank N.A. and its affiliates do not provide legal or tax advice to clients. You should review your particular circumstances with your independent legal and tax advisors.