Bozeman, MT holds $5.0 billion in deposits across 16 insured institutions and 41 branches, ranking #203 of 293 U.S. markets by economic output. Glacier Bank is the largest deposit holder at 37.2% share. The top three institutions hold 62.7% of deposits, which places the market in the concentrated band. Deposits have grown 29% since 2020 while the branch count rose by 1.
Deposit trend
Branches: 40 in 2020 to 41 in 2025. Institutions: 15 to 16. Top-three share: 58.0% to 62.7%. Deposits per branch: $123M.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Glacier Bank | 1.9B | 37.2% | +44% |
| First Interstate Bank | 0.7B | 13.6% | +29% |
| Stockman Bank of Montana | 0.6B | 11.8% | +41% |
| Wells Fargo Bank | 0.5B | 9.0% | +8% |
| American Bank | 0.3B | 6.8% | +30% |
| U.S. Bank | 0.3B | 6.1% | -10% |
| Opportunity Bank of Montana | 0.2B | 4.8% | +76% |
| Manhattan Bank | 0.2B | 4.6% | +22% |
| Bank of Bozeman | 0.1B | 1.7% | +0% |
| The Yellowstone Bank | 0.1B | 1.5% | +39% |
The 10 largest of 16 insured institutions with a branch presence, as of June 30, 2025. Five-year change compares the same institution's deposits in 2020 and 2025; an acquirer absorbs the balances of banks it bought.
Counties in this market
| County | State | GDP | Population | Share of GDP |
|---|---|---|---|---|
| Gallatin County | Montana | $9,280M | 128,740 | 100.0% |
Recruiting in Bozeman
Deposits are held closely by the largest institutions, which often means the bankers worth recruiting are inside a small number of houses. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like this one, on a retained basis.
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