Stockman Bank

What Stockman Bank does

Stockman Bank is Montana's largest family-owned community bank, headquartered in Miles City and operating under Montana state banking regulation with FDIC insurance. Founded in 1953 and held privately with approximately 900 employees, the bank serves personal consumers, small and mid-sized businesses, agricultural operations, and first-time homebuyers across Montana through 19 full-service branches, over 100 ATMs, dedicated mortgage loan offices in ten markets, and a centralized phone-support channel. Assets place the bank in the $3 billion-$10 billion cohort per S&P Global Market Intelligence, where it ranks 23rd among the top 50 best-performing U.S. community banks for 2025 (third consecutive year on the list).

The product portfolio spans personal and business deposit accounts, Mastercard credit cards (Treasure, World Rewards, Business World Elite, and Agriculture Business World Elite — the last earning 2 points per $1 on farm and ranch supplies), home purchase loans (Conventional, FHA, USDA Rural Development, VA, Jumbo) and refinancing, wealth management through subsidiary Stockman Wealth Management (with Charles Schwab and Tamarac Secure Wealth Portal integrations), and insurance through Stockman Insurance, which was expanded by the January 2025 acquisition of Jacoby Insurance Group. The digital platform layers CardProtect (card controls and alerts), CreditStory (credit monitoring with simulator across Equifax/Experian/TransUnion), MoneyManagement (budgeting and account aggregation), SpendTrack (business card program management with department analytics), ClickSWITCH (account switching), Mobile Check Deposit, Bill Pay, Zelle, and biometric login onto a Digital Insight core. June 2026 saw the launch of Live Video Teller Machines and a redesigned Small Business Online and Mobile Banking experience.

Revenue is generated through a traditional community-bank mix: net interest income from personal, mortgage, commercial, and agricultural lending; non-interest income from deposit service fees; credit card interchange and interest charges; wealth management advisory fees; and insurance commissions. Pricing is structured as subscription-style for core deposit and digital banking (free for most retail customers) and freemium or per-card for credit card products, with intro APR promotions on the Treasure and World Rewards cards and no annual fee on select cards. Distribution remains community-led and Montana-exclusive — physical branches and local loan officers anchor acquisition, while an omnichannel presence (LinkedIn, Instagram, Facebook, YouTube, blog content, press releases, and Forbes-recognition-driven earned media) supports brand awareness.

Name

Stockman Bank

Legal name

Stockman Bank

Website

https://www.stockmanbank.com/

Company type

Private

Founded year

1953

Operating status

Operating

Headcount range

251–500 employees

Short description

Stockman Bank is Montana's largest family-owned community bank, founded in 1953 and headquartered in Miles City, providing personal, business, agricultural, and mortgage banking services across the state through 19 branches and 100+ ATMs, supplemented by wealth management and insurance.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221), Credit Card Issuing (52221)

SIC

National Commercial Banks (6021), Mortgage Bankers & Loan Correspondents (6162), Personal Credit Institutions (6141)

akta.pro primary industry

Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)

akta.pro secondary industries

Revolving Lines of Credit (Personal HELOC-excluding / Unsecured LOC) (FSAKABAL), HELOC Origination (Revolving Lines of Credit) (FSALAGAB), Balance-Sheet / Portfolio CRE Lending (FSALADAG)

Keywords

• Community banking services
• Agricultural lending
• Residential mortgage loans
• Wealth management services
• Business banking solutions

Headquarters

HQ city

Miles City

HQ country

United States

HQ region

North America

Offices29 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Interest Income: Income generated from lending activities including personal loans, mortgages, business loans, and agricultural loans
2. Deposit Services: Checking and savings account services generating fee income
3. Credit Card Revenue: Revenue from credit card operations including interchange fees and interest charges on outstanding balances
4. Wealth Management: Investment and wealth management services offered through Stockman Wealth Management
5. Insurance Services: Insurance products offered through Stockman Insurance
6. Online Banking Services: Digital banking tools and services including Bill Pay, Zelle, and other electronic banking services

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels8 records

Core offering

Stockman Bank is Montana's largest family-owned community bank providing comprehensive personal, business, agricultural, and real estate banking services. The bank operates more than 20 full-service branches and over 100 ATMs across Montana, offering deposit accounts, Mastercard credit cards, home loans, wealth management through Stockman Wealth Management, and insurance products through Stockman Insurance, supported by online and mobile digital banking platforms.

Product overview

Stockman Bank is Montana's largest family-owned community bank, offering a comprehensive suite of banking, wealth management, and insurance products. The bank's digital banking platform provides integrated online and mobile banking with account management tools including Bill Pay, Mobile Check Deposit, CardProtect, CreditStory, MoneyManagement, Zelle (P2P payments), and ClickSWITCH (account switching). Core products include personal and business checking/savings accounts, Mastercard credit cards (personal and business including agriculture-focused cards), home purchase and refinance loans, wealth management, and insurance services. The bank operates over 100 ATMs across Montana with Live Video Teller Machines, and is recognized by Forbes as Montana's #1 Best-In-State Bank for 2026.

Differentiator

Problem solved

Functional benefit

Brands

• CardProtect: Card management tool allowing users to control and monitor debit and credit cards, with ability to turn cards on/off, add alerts, and set spending limits.
• SpendTrack
• CreditStory
• ClickSWITCH
• Zelle

Products and services

• Personal Checking and Savings Accounts Core deposit accounts including checking and savings products for personal customers, with online account opening capability and Savings Club program for children.
• Online and Mobile Banking Digital banking platform with customizable tools including account alerts, budgeting features, biometric login, advanced encryption, mobile check deposit, and digital wallet options.
• Personal Credit Cards Mastercard credit cards for personal customers including Treasure Card (0% intro APR) and World Rewards Card (1.5 points per $1 spent on purchases), with features like zero fraud liability and mobile banking.
• Business Credit Cards Mastercard business credit cards including Business World Elite Card and Agriculture Mastercard Business World Elite Card (2 points per $1 spent on farm/ranch supplies), with employee card controls.
• Home Loans Residential mortgage products including conventional, FHA, USDA Rural Development, VA, and jumbo loans with local loan officers, in-house processing, and down payment assistance partnerships.
• Home Refinancing Mortgage refinancing options including cash-out refinancing (accessing home equity) and rate/term refinancing (restructuring terms to lower payments or pay off faster).
• Small Business Online Banking Comprehensive online and mobile banking platform for small businesses featuring streamlined navigation, personalized dashboards, business and personal account linking, and online statements in the mobile app.
• Wealth Management Investment and wealth management services offered through Stockman Wealth Management, including access to Secure Wealth Portal, Charles Schwab integration, and ADV documentation.
• Insurance Services Insurance products and protection services offered through Stockman Insurance for personal and business customers.

Quantifiable outcome

• Ranked #1 Best-In-State Bank in Montana by Forbes for 2026
• +3 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability7 records

Feature8 records

Partnerships

18 partnerships are on record, tiered major, minor and core.

• Federal Home Loan Bank of Des Moines (FHLB Des Moines)majorStrategic or Co-development Partner · 21 April 2026Stockman Bank partnered with FHLB Des Moines to award $685,942 in Affordable Housing Program grants to 11 Montana organizations through FHLB's Member Impact Fund. Money donated by Stockman Bank was matched by FHLB Des Moines up to three dollars for every dollar provided, supporting affordable housing and community development across Montana.
• NeighborWorks Great FallsminorOthersReceived $102,892 grant through FHLB Des Moines Member Impact Fund partnership
• Blackfeet Housing AuthorityminorOthersReceived $58,305 grant through FHLB Des Moines Member Impact Fund partnership
• Chippewa Cree Housing AuthorityminorOthersReceived $58,305 grant through FHLB Des Moines Member Impact Fund partnership
• Flathead IndustriesminorOthersReceived $58,305 grant through FHLB Des Moines Member Impact Fund partnership
• Great Falls Development AllianceminorOthersReceived $58,305 grant through FHLB Des Moines Member Impact Fund partnership
• Habitat for Humanity Mid-Yellowstone ValleyminorOthersReceived $58,305 grant through FHLB Des Moines Member Impact Fund partnership
• HomewordminorOthersReceived $58,305 grant through FHLB Des Moines Member Impact Fund partnership
• United Way of Missoula County Housing Impact FundminorOthersReceived $58,305 grant through FHLB Des Moines Member Impact Fund partnership
• Gallatin County Housing Impact FundminorOthersReceived $58,305 grant through FHLB Des Moines Member Impact Fund partnership
• Richland Affordable Housing CorporationminorOthersReceived $58,305 grant through FHLB Des Moines Member Impact Fund partnership
• Snowy Mountain Development CorporationminorOthersReceived $58,305 grant through FHLB Des Moines Member Impact Fund partnership
• Montana HousingcoreStrategic or Co-development PartnerDown payment assistance partner providing affordable housing solutions for Montana home buyers through various assistance programs
• Human Resources CouncilcoreStrategic or Co-development PartnerDown payment assistance partner providing affordable housing solutions for Montana home buyers
• Neighborworks MontanacoreStrategic or Co-development PartnerDown payment assistance partner providing affordable housing solutions for Montana home buyers
• Neighborworks Great FallscoreStrategic or Co-development PartnerDown payment assistance partner providing affordable housing solutions for Montana home buyers
• City of BillingscoreStrategic or Co-development PartnerDown payment assistance partner providing affordable housing solutions for Montana home buyers
• City of BozemancoreStrategic or Co-development PartnerDown payment assistance partner providing affordable housing solutions for Montana home buyers

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Glacier Bancorp: Kalispell, Montana-headquartered community bank holding company with a multi-state western U.S. footprint and overlapping retail, mortgage, and small-business banking products. Most direct in-region peer given Montana roots and similar community-bank charter model.
• First Interstate BancSystem: Billings, Montana-based community bank with branches across Montana and the western U.S., offering similar deposit, mortgage, wealth, and ag lending products. Direct Montana competitor with comparable size and product mix.
• Zions Bancorporation: Mid-size regional bank holding company operating community banks (e.g., Zions Bank, Vectra) across the western U.S. Comparable diversified community-banking model with mortgage, wealth, and commercial banking.
• Pinnacle Financial Partners: Nashville-based community bank with similar relationship-banking model, mortgage, wealth, and small-business focus. Comparable top-quartile community bank performance profile and middle-market banking orientation.
• Banner Corporation: Pacific Northwest community bank holding company (Banner Bank) offering deposit, mortgage, and small-business banking across Washington, Oregon, Idaho, and California. Similar asset size tier ($10–15B) and community-bank culture.
• CVB Financial Corp: Ontario, California-based Citizens Business Bank holding company, a top-performing mid-size community bank with similar size tier, diversified lending, and consistent S&P Top 50 community bank recognition.

Regional players

• East West Bancorp: Mid-size U.S. bank holding company focused on commercial, retail, and wealth banking primarily serving Asian-American communities and commercial customers across the U.S. Comparable in scale and product breadth, though operating in different geographies.

Broad incumbents

• U.S. Bancorp: Large national bank with major presence across the western U.S., including Montana. Offers overlapping deposit, mortgage, credit card, wealth, and small-business products, but at significantly greater scale and with broader geographic reach.
• Wells Fargo: National bank with extensive Montana branch and mortgage footprint. Competes across consumer banking, credit cards, mortgage, wealth, and small-business products, though as part of a much larger diversified portfolio.
• Bank of America: One of the largest U.S. banks with national digital and physical reach including Montana. Competes for consumer deposits, mortgages, credit cards, and wealth management at scale well beyond Stockman's footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@stockmanofmontana
• Facebookfacebook.com/stockmanofmontana
• LinkedInlinkedin.com/company/stockman-bank
• Instagraminstagram.com/stockmanofmontana

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stockman Bank