History

It’s been more than 52 years since a small group of community bankers gathered to create the Montana Independent Bankers.  Much has changed since those days back in the turbulent 1960s.

Spurred by a technological revolution, an ever-diversifying state economy and steady population growth, Montana’s banking industry is radically different – and far more robust – than it was just a generation ago. As a result, Montana in the 21st century is a far different place to live and work than it was when the MIB was founded.

Montana’s community bankers have been among the leaders in shaping our state’s present and future economy. By using innovative business strategies, we have helped bring growth and prosperity to our communities, while strengthening the financial health of our state’s community banks.

For example, in response to the growing use of ATMs, in the early 1980’s, the MIB created the CashCard Network. Today this network is the largest ATM operation in the state. But even more important, fees collected from this service are dedicated to strengthening our state’s community banks and the communities in which they operate.

Community Bankers of Montana, Inc., MIB’s for-profit subsidiary and the parent of the CashCard Network, has spawned a variety of similar successful ventures. All add value to members’ communities and make the association an integral force in Montana’s network of financial institutions. 

But, while much has changed, much, too has stayed the same. Community banks continue to serve as the financial cornerstone of their communities, a powerful force for both growth and stability.

And MIB members continue to be guided by the mission and vision that brought the association’s founders together over 50 years ago.                                                       

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