Bank of Montana -- Eligibility

Private Banking Eligibility

Our Private Banking services are usually available to individuals and companies with a net worth in excess of $1,000,000, and who generally have permanent ties to Montana. These criteria may vary and are subject to discussion with the CEO and Founder of the Bank of Montana, Thomas R. Swenson. Please feel free to call Tom directly at 406.829.7390 to discuss the Bank of Montana’s Private Bank. We look forward to hearing from you.

Transaction Account Guarantee Program Disclosure:

Bank of Montana is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through June 30, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.

The FDIC will protect NOW accounts in full if the interest rate does not exceed 0.5 percent. Swept or transferred funds from your noninterest-bearing transaction accounts may be subject to insurance limitations. The FDIC will protect public deposits up to the $250,000 limit under its general deposit insurance rules.
Bank of Montana does offer accounts with interest in excess of 0.5 percent.
Please check with our COO Deana Carlson or call (406) 829-2662, if you have questions regarding your FDIC cover

age.