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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.

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  • 7,700Employees

  • $671.4 MTotal Annual Compensation & Benefits

  • $87,195Average Total Compensation & Benefits

  • 39Banks 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 2022Q4, Bureau of Labor Statistics 2022, ABA analysis



  • $3.5 BNew Home Loans Booked in 2022

  • 9,262Number of New Home Loans in 2022

  • $335,000Median New Home Loan Size in 2022

  • $2.6 BSmall Business Loans

  • 102.2 KNumber of Small Business Loans

  • $25,214Average Small Business Loan

  • $315.5 MSmall Farm Loans

  • 4,272Number of Small Farm Loans

  • $73,845Average Small Farm Loan

Source: FFIEC HMDA 2022, FFIEC CRA 2021, FDIC Call Report 2022Q4, ABA analysis



  • $37.2 BDeposits

  • 50Banks Operating Branches

  • 372Branches & Offices

  • 101Branches Offering Low Fee Bank On-certified Accounts

Source: FDIC Summary of Deposits 2022Q2, CFE Fund, ABA analysis

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