Glacier Bank is headquartered in Kalispell and is the 2nd largest bank in the state of Montana. It is also the 117th largest bank in the nation. It was established in 1955 and as of December of 2019, it had grown to 2,642 employees at 174 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 Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 30788 |
| Year Established | 1955 |
| Employees | 2642 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.76% |
| Return on Equity - YTD | 12.33% |
| Annual Interest Income | $554.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $13.67B$12.10B |
| Loans | Q4 2019vs Q4 2018 | $9.46B$8.19B |
| Deposits | Q4 2019vs Q4 2018 | $10.83B$9.56B |
| Equity Capital | Q4 2019vs Q4 2018 | $2.06B$1.61B |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $124.5MM$131.2MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $30.0MM$44.7MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $4.9MM$7.2MM |
