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Montana: Banks’ Economic Impact

Banks support Montana’s economy with consumer, business and other loans, and by providing more than 7,000 people with a rewarding place to work.

Find State-by-State Data #
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Jobs

Jobs

  • 7,548Employees

  • $589.6 MTotal Annual Compensation & Benefits

  • $78,118Average Total Compensation & Benefits

  • 44Banks Headquartered in State

Source: Estimates based on ABA 2019/2020 survey data

Lending

Lending

  • $651.3 MSmall Business Loans Outstanding

  • $4 BNew Home Loans Booked in 2018

  • 17,062Number of New Home Loans in 2018

  • $185,000Median New Home Loan Size in 2018

  • $924.4 MSmall Farm Loans Outstanding

Source: Estimates based on ABA 2019/2020 survey data, HMDA

Customers

Customers

  • 809.9 KTotal Customers

  • $24.5 BDeposits

  • 730.1 KConsumer

  • 232.8 KSmall Business

  • 81.7 KSmall Farm

  • 55Banks Operating Branches

  • 382Branches & Offices

Bank drive-thru window with a sign that says, "Stay safe! We love our customers!"

Safely Serving Montana Customers

Bank drive-thru window with a sign that says, "Stay safe! We love our customers!"

Bank of the Rockies employees send a positive message to their communities using windows of each of the bank’s six branches in Montana. The signs encourage their customers and the community to stay safe and hopeful, and remind them the bank has their back.

More stories on Serving Customers #

Source: Estimates based on ABA 2019/2020 survey data, FDIC branch deposit data

Giving Back

Giving Back

  • 77.7 KVolunteer hours

  • $5.6 MCommunity Donations

Bank of the Rockies - Teach Children to Save winner

Financial Literacy for All Ages

Bank of the Rockies - Teach Children to Save winner

Bank of the Rockies in Montana is supporting plenty of financial education in its communities, for all ages. The bank participates in the ABA Foundation's Teach Children to Save, Get Smart About Credit and Safe Banking for Seniors.

More stories on Giving Back #

Source: Estimates based on ABA 2019/2020 survey data. Does not include individual employee donations.

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