Glacier Bank is headquartered in Kalispell and is the largest bank in the state of Montana. It is also the 108th largest bank in the nation. It was established in 1955 and as of June of 2020, it had grown to 2,949 employees at 180 locations. Glacier Bank has an A+ health rating.
Glacier Bank Review
The customer service there is great. The lines are usually very short if I go inside the bank. I have never had any trouble finding a parking spot outside the bank any time that I have been there. The interest rates for savings and CDs are really dismal, but then, those rates are dismal at almost every bank these days. They offer $25 if you bring your old checks in from your previous bank. They destroy those checks, so make sure you don't want them anymore. Also, they have a free gift if you open a new account with them. It's a different free gift every month or so. Sometimes, it was a set of containers, or a tumbler, etc. Overall, it is a pleasant place to bank at. My whole family has accounts with them. There is a local community feel to the bank.
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 30788 |
| Year Established | 1955 |
| Employees | 2949 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.47% |
| Return on Equity - YTD | 10.17% |
| Annual Interest Income | $302.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $16.90B$12.66B |
| Loans | Q2 2020vs Q2 2019 | $11.41B$8.77B |
| Deposits | Q2 2020vs Q2 2019 | $13.44B$9.93B |
| Equity Capital | Q2 2020vs Q2 2019 | $2.31B$1.77B |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $162.5MM$129.1MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $37.2MM$41.5MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $4.6MM$7.0MM |
