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Montana: Banks’ Economic Impact

Banks support Montana's economy with consumer, business and other loans, and by providing more than 6,000 people with a rewarding place to work.

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  • 6,419Employees

  • $550.5 MTotal Annual Compensation & Benefits

  • $85,756Average Total Compensation & Benefits

  • 41 Banks Headquartered in State

Making a Difference with Senior Champions

Senior Champions at Bank of the Rockies are a special sect of employees who are passionate about assisting older bank customers. They are dedicated to empowering financial consumers with the vital knowledge they need to make smart decisions, and are well versed in issues affecting the elder community, including fraud detection and prevention.

Source: FDIC branch deposit data (2021 Q2), FDIC Call Report 2Q2021, 2021 BLS/US Census Quarterly Census of Employment and Wages (QCEW) for Credit Intermediation and Related Activities, and ABA Analysis



  • $8.8 BNew Home Loans Booked in 2021

  • 25,327Number of New Home Loans in 2021

  • $245,000Median New Home Loan Size in 2021

  • $1.3 BSmall Business Loans

  • 133.8 KNumber of Small Business Loans

  • $9,908Average Small Business Loan

  • $1.0 BSmall Farm Loans

  • 13,349Number of Small Farm Loans

  • $85,726Average Small Farm Loan

Bank Saves Local Grocery Store

During the COVID-19 pandemic, Bank of the Rockies worked tirelessly to ensure a local grocery store could continue serving the community—through the power of PPP funding. Watch the video to see just how they made an impact. 

Source: CFPB HMDA data, year-end 2021; FDIC Call Report 2Q2021 and Year-End 2021; 2021 USDA Quarterly Farm data and USDA/Census Data from 2017 State of Ag Survey; 2021 SBA/Census Data and ABA analysis



  • 4.0 MCustomers

  • $34.3 BDeposits

  • 51Banks Operating Branches

  • 375Branches & Offices

  • 48Branches Offering Low Fee Bank On-certified Accounts

Sources: Estimates based on ABA 2020/2021 survey data; FDIC Summary of Deposit (SOD) 2021Q2 Data; Cities for Financial Empowerment Fund

Giving Back

Giving Back

  • 27.4 KVolunteer Hours

  • $6.9 MCommunity Donations

Bank of the Rockies: Working to Vaccinate Montana

When their community needed it most, Bank of the Rockies stepped up to provide a life-saving service—accessible COVID-19 vaccines. Montana Gov. Gianforte’s call to action to increase COVID-19 vaccination rates across the state led Bank of the Rockies to collaborate with the State of Montana’s Department of Health and Human Services and local health officials to do just that.

Source: Estimates based on ABA 2020/2021 survey data

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