Valley Bank of Ronan is headquartered in Ronan and is the 21st largest bank in the state of Montana. It is also the 3,339th largest bank in the nation. It was established in 1984 and as of June of 2022, it had grown to 59 employees at 6 locations. Valley Bank of Ronan has an A health rating.
Too small to get the kind of services I want
I recently moved to a more remote area and this was the only bank that was available to me within 50 miles. I had to use this bank if I wanted to do any local check cashing and deposit. This bank has some nice people working at it, some not so nice. It has a few little branches in the region but it is very small. This bank does not offer a lot of services that I want, specifically CD's and money market services. The checking services and savings accounts are average, nothing fancy and nothing to write home about. If you need a basic bank that can cash your checks and where you can have a savings account, this is a good institution. If you are looking for modern services, modern facilities and a variety of banking services, you will need look somewhere else.
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 24966 |
| Year Established | 1984 |
| Employees | 59 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.79% |
| Return on Equity - YTD | 9.69% |
| Annual Interest Income | $3.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $169.5MM$155.6MM |
| Loans | Q2 2022vs Q2 2021 | $99.2MM$83.3MM |
| Deposits | Q2 2022vs Q2 2021 | $155.1MM$141.8MM |
| Equity Capital | Q2 2022vs Q2 2021 | $14.2MM$13.1MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $1.3MM$1.2MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $1.0MM$1.1MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |