America's Banks
Jump to Content

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 #
Montana map icon
Jobs

Jobs

  • 7,500Employees

  • $718.1 MTotal Annual Compensation & Benefits

  • $95,748Average Total Compensation & Benefits

  • 37Banks 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 Call Report 2023Q4, Bureau of Labor Statistics 2023, ABA analysis

Lending

Lending

  • $2.8 BNew Home Loans Booked in 2023

  • 7,412Number of New Home Loans in 2023

  • $345,000Median New Home Loan Size in 2023

  • $2.9 BSmall Business Loans

  • 93.2 KNumber of Small Business Loans

  • $30,915Average Small Business Loan

  • $319.9 MSmall Farm Loans

  • 4,278Number of Small Farm Loans

  • $74,793Average Small Farm Loan

Source: FFIEC HMDA 2023, FFIEC CRA 2023, FDIC Call Report 2023Q4, ABA analysis

Customers

Customers

  • $35.6 BDeposits

  • 51Banks Operating Branches

  • 375Branches & Offices

  • 100Branches Offering Low Fee Bank On-certified Accounts

Source: FDIC Summary of Deposits 2023Q4, CFE Fund, ABA analysis

Submit your bank's story

Submit your story