Valley Bank of Ronan Review

Valley Bank of Ronan review

Valley Bank of Ronan is a member of Valley Banks, a state chartered bank since 1984. The Ronan branch serves customers at two location in Ronan, Montana. The bank held $62.87 million in assets as of June 2010.

Account options

The bank offers several checking accounts including Free Advantage Checking, Diamond Jubilee Checking, Business Checking, and NOW Checking. Each checking account offers different minimum balances and service charges in exchange for free checks, interest and other benefits.

Savings account options include standard savings along with an IRA, a health savings account, and a money market account. The bank offers a CD with terms ranging from three months to 48 months. Bank services include online savings and checking accounts.

The bank's ATM card is free of charge at the bank's ATMs, but there is a $1 fee per withdrawal at any other bank's ATM.

Loans

According to their website, Valley Bank of Ronan makes "all types of loans" such as consumer loans for cars, boats, and ATVs, commercial loans including short term and long term business loans and SBA loans, real estate loans including FHA, HUD, VA and construction loans, home equity loans and lines of credit, and agricultural loans for operation, livestock, equipment and real estate.

Deposit insurance

Valley Bank of Ronan is an Equal Housing Lender and a member FDIC, and deposits are FDIC-insured up to at least $250,000 per depositor.