When Peter T. opened First Madison Valley Bank in 1965, on Main Street of Ennis, Montana, he waited outside the doors of his single-story bank building, with no indoor plumbing, and shook hands with each patron who entered. He intended for that bank to serve as a hub for the rural Montana community he loved.
In the years that followed, Peter T. grew a thriving family of community banks in Southwest Montana, opening First Boulder Valley Bank branches in Boulder and Montana City, followed by a second First Madison Valley Bank location in West Yellowstone, and ATM locations in several surrounding communities.
Meanwhile, the Main Street Ennis branch moved just across the street into a beautiful, modern facility (with indoor plumbing!) that also serves as corporate headquarters for the bank. The building and grounds are regularly utilized by the Ennis community as a center for events, just as Peter T. wanted.
In 2009, First Boulder Valley Bank and First Madison Valley Bank merged their state banking charters. Then, in 2018, all branches began operation under the unified charter of Madison Valley Bank. A Bozeman branch expanded the Madison Valley Bank family in the summer of 2019, offering a financial hub for bank patrons in the state's fastest growing area.
Through charter changes and business growth, in Peter T.’s years as President of Madison Valley Bank, he was the epitome of living big, to the utmost of one’s potential. He was unafraid to close a major business deal wearing a Hawaiian shirt paired with a western bolo tie. And he knew that vision and opportunity must be paired with integrity and trust. While he did not pass down his unique fashion sense to his children, they did inherit his values and passion for banking. His sons, Tim and Bruce Combs, continue the legacy of our family-owned bank today.
The ethos that Peter T. instilled in Madison Valley Bank on the Main Street of Ennis all those decades ago remains constant. We still believe in the power of genuine personal connection and in helping our customers live big while banking small.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
The drum of the realization of the promise is beating, we are sweeping the road to the sky. Your joy is here today, what remains for tomorrow? The armies of the day have chased the army of the night...
NMLS 1795154