First Bank of Montana

What First Bank of Montana does

First Bank of Montana is a community bank division of Glacier Bank, which operates as a subsidiary of the publicly traded Glacier Bancorp, Inc. (NASDAQ: GBCI). Founded in 1901, the bank has served Montana communities for over 100 years, operating 10 branch locations across Lewistown, Big Sandy, Chester, Chinook, Choteau, Conrad, Fairfield, Fort Benton, Plentywood, and Vaughn. The legal entity is Glacier Bank; First Bank of Montana functions as a branded division under that charter, with deposits insured under a single FDIC institution alongside other Glacier Bancorp divisions.

The bank's core product set spans personal and business banking: Totally Free Checking, personal savings, retirement accounts, personal loans, real estate mortgages, HELOCs, debit and credit cards for consumers; business checking and savings, business loans, agricultural and commercial loans, Visa Business Card, merchant payment processing, and Insight Treasury treasury management for commercial customers. The technology stack is a traditional community bank infrastructure — Personal Online Banking, Business Online Banking, Insight Treasury, mobile banking applications, ProfitStars SmartPay Express for loan payments, and the Allpoint ATM network providing 55,000+ surcharge-free ATMs. No proprietary technology platform, API, or AI capabilities are disclosed.

Revenue is generated primarily through net interest income on the lending book (personal loans, real estate mortgages, HELOCs, business loans, agricultural and commercial loans), interchange and transaction fees on debit/credit cards and merchant payment processing, and ancillary banking service fees. The headline deposit product is free of monthly fees and minimum balances, indicating deposit revenue is earned through float and cross-sell rather than account fees. Customer segments are horizontal and distributed: individual consumers, small-to-medium businesses, and agricultural/commercial operators across Montana. The go-to-market motion is sales-led, relationship-based, and branch-anchored, with self-serve digital banking and online account opening as supplementary channels.

Name

First Bank of Montana

Legal name

First Bank of Montana (Division of Glacier Bank)

Website

https://1stbmt.com

Company type

Private

Founded year

1901

Operating status

Operating

Headcount range

11–50 employees

Short description

First Bank of Montana is a community bank division of Glacier Bank (subsidiary of Glacier Bancorp, Inc., NASDAQ: GBCI) operating 10 branches across Montana. It serves individual consumers, small-to-medium businesses, and agricultural and commercial customers with deposit accounts, loans, mortgages, and treasury services.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)

akta.pro secondary industries

Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL), Agricultural & Rural Development Banks (FSABAKAE)

Keywords

• Community banking
• Retail banking
• Commercial lending
• Agricultural loans
• Consumer deposits

Headquarters

HQ city

Lewistown

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Deposit Account Fees: Revenue from checking and savings account services, though the bank prominently advertises fee-free checking with no minimum balance requirements
2. Lending Products: Interest income from personal loans, real estate mortgages, home equity lines of credit, business loans, and agricultural/commercial loans
3. Card Services: Revenue from debit cards, personal credit cards, and Visa Business Card programs
4. Merchant Payment Processing: Transaction processing fees from business merchant services
5. Other Banking Services: Telephone banking, wire transfers, and other ancillary banking services

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

First Bank of Montana is a community bank division of Glacier Bank providing personal and business deposit products (checking, savings, retirement), consumer and commercial lending (personal loans, real estate mortgages, home equity lines of credit, business loans, agricultural and commercial loans), card services (debit, personal credit card, Visa Business Card), merchant payment processing, and treasury management for business customers. The bank serves consumers, small businesses, and agricultural operations across Montana through 10 branch locations, online and mobile banking, and the Allpoint ATM network.

Product overview

First Bank of Montana is a community bank division of Glacier Bank offering a comprehensive suite of personal and business banking products. The bank operates a platform-based model with core deposit products (checking and savings) complemented by lending services including personal loans, real estate mortgages, and business/agricultural loans. Additional services include credit cards, debit cards, merchant payment processing, and online banking through both personal and business channels (Insight Treasury). The bank serves Montana communities through branches in Lewistown, Big Sandy, Chester, Chinook, Choteau, Conrad, Fairfield, Fort Benton, Plentywood, and Vaughn, providing over 100 years of community banking service.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking (Totally Free Checking) Personal checking account product with no minimum balance requirements and no hidden weekly, monthly, or annual fees; can be opened online or in branch. Targeted at individual consumers in Montana communities served by the bank.
• Personal Savings
• Retirement Accounts
• Personal Loans
• Real Estate Loans (Mortgage)
• Home Equity Line of Credit (HELOC)
• Personal Credit Cards
• Debit Cards
• Business Checking
• Business Savings
• Business Loans
• Agricultural and Commercial Loans
• Visa Business Card
• Merchant Payment Processing
• Treasury Management (Insight Treasury)

Quantifiable outcome

• Access to 55,000+ surcharge-free ATMs worldwide through Allpoint network

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Four partnerships are on record, tiered core and supporting.

• AllpointcoreTechnology or IntegrationPartnership with Allpoint network providing access to more than 55,000 surcharge-free ATMs around the world for First Bank of Montana customers.
• Glacier BankcoreOthersFirst Bank of Montana is a division of Glacier Bank, operating within the Glacier Bancorp family of community bank divisions.
• ProfitStarssupportingTechnology or IntegrationProvides payment processing and loan payment services through ProfitStars Express platform for mortgage and loan payments.
• AdobesupportingTechnology or IntegrationAdobe Acrobat Reader is required to view PDF files on the First Bank of Montana website.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Glacier Bank: Direct parent operating company and lead charter of Glacier Bancorp. First Bank of Montana is a division within this entity, sharing identical deposit insurance, technology, and back-office functions.
• Wells Fargo: National incumbent with retail branches, business banking, and agricultural finance exposure in Montana — represents the scale-and-technology competitor on the high end of the bank's competitive set.
• U.S. Bank: Large national bank with a significant Montana retail and commercial banking presence — sets the competitive baseline on technology, product breadth, and pricing that First Bank of Montana must match or differentiate against.

Direct peers

• First Interstate Bank: Montana-headquartered regional community/ commercial bank competing head-to-head for deposits, mortgages, and business/agricultural lending across Montana's rural markets.
• Collegiate Peaks Bank: Glacier Bancorp sister division operating a community-bank model in Colorado with the same consumer/business banking and lending product mix.
• Citizens Community Bank (Glacier Bancorp): Another Glacier Bancorp community bank division with a comparable full-service consumer and business banking franchise in a smaller market — same operating model and parent backing.
• Stockman Bank: Montana-based, Montana-owned community bank with strong agricultural lending presence and a similar relationship-driven GTM across rural Montana towns.
• First Bank of Wyoming: Sister community bank division within Glacier Bancorp operating a similar multi-branch retail and business banking model in a neighboring rural state — directly comparable in scale, product mix, and go-to-market.

Regional players

• Yellowstone Bank: Montana community bank with overlapping agricultural, small business, and consumer banking focus — competing for the same rural customer base across central Montana.

Others

• Glacier Bancorp, Inc. Publicly traded parent holding company (NASDAQ: GBCI) that owns Glacier Bank and its community bank divisions including First Bank of Montana — useful as the consolidated benchmark for valuation and strategy.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/first-bank-of-montana-1stbmt

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about First Bank of Montana