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Montana · MT

Business Banking for Moving Companies in Montana

Free business checking with 1.75% APY, built-in accounting, and unlimited sub-accounts for moving companies in Montana.

Starting a Moving Business in Montana

State Tax Rate

4.7% (flat rate, recently simplified)

LLC Filing Fee

$35 (LLC)

Major Markets

Billings, Missoula, Great Falls, Bozeman

Key Requirements in Montana

Moving company license or registration required in Montana
USDOT number required for interstate moves
Cargo insurance and general liability insurance required
Must provide binding or non-binding estimates to customers
Workers' compensation insurance required in Montana if you have employees

Best Banks for Moving Companies in Montana

Compare Montana's top business banking options for moving companies.

1

Holdings

$0/mo · 1.75% APY

Free business checking with built-in AI accounting, unlimited sub-accounts, and FDIC insurance up to $3M. Available nationwide including Montana.

Key Features

  • Free business checking
  • Built-in AI bookkeeping
  • Unlimited sub-accounts
  • 1.75% APY on all balances

Pros

  • No fees, no minimums
  • Accounting included free
  • FDIC insured up to $3M

Cons

  • No physical branches
  • No cash deposit
2

Glacier Bank

Regional bank

Best for: moving companies wanting Montana's largest community bank

Pros

Montana-headquartered, strong business lending across the state

Cons

Limited digital features

3

Stockman Bank

Community bank

Best for: moving companies in eastern Montana

Pros

Montana-focused, strong ag and commercial lending

Cons

Traditional banking model

4

Opportunity Bank

Community bank

Best for: moving companies in western Montana

Pros

Montana community bank, competitive business rates

Cons

Smaller branch network

Why Moving Companies in Montana Choose Holdings

Free Business Checking

No monthly fees, no minimums, no hidden costs. Every dollar stays in your business.

Built-In AI Bookkeeping

Automatic transaction categorization, real-time P&L and balance sheet. No QuickBooks needed.

1.75% APY on Every Dollar

Your operating funds earn interest while they sit. No tiered rates, no caps.

Unlimited Sub-Accounts

Organize funds by job, project, or purpose. Track payroll, taxes, and expenses separately.

Moving Companies Banking in Montana — FAQ

Do I need a license to start a moving company in Montana?

Yes — Montana requires moving companies to register with the state (often through the public utilities commission or transportation department) and obtain proper insurance. For interstate moves, you'll also need a USDOT number. Register your LLC ($35) as a first step.

What insurance do moving companies need in Montana?

Moving companies in Montana need general liability insurance, cargo/goods-in-transit insurance, commercial auto insurance for trucks, and workers' compensation. Customers' belongings are your responsibility during the move — adequate insurance coverage is critical.

Do moving companies in Montana need a separate bank account?

Absolutely — moving companies deal with deposits, final payments, fuel costs, truck maintenance, and seasonal labor. A dedicated business account with AI bookkeeping tracks revenue per job and helps manage the seasonal cash flow swings common in the moving industry.

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Ready to open your account?

Holdings offers free banking with 1.75% APY for moving companies in Montana. Open your account in minutes.

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