You’ll find one of Idaho’s most intriguing unsolved mysteries in the 1896 Montpelier Bank heist, where Butch Cassidy and his Wild Bunch gang stole up to $22,000 (equivalent to over $700,000 today). While Bob Meeks was captured, Cassidy and Elza Lay escaped with the loot, which remains hidden somewhere between Montpelier and the Utah-Wyoming border. Local legends suggest the treasure lies in Bear Lake’s caves, and modern treasure hunters continue their search using historical records and advanced technology.
Key Takeaways
- Estimates of Butch Cassidy’s stolen Montpelier bank loot range from $7,000 to $155,000, with portions potentially hidden in Bear Lake caves.
- Local folklore suggests $5,000 to $22,000 remains stashed along escape routes between Montpelier and the Utah-Wyoming border.
- The original Bank of Montpelier building, now a museum, stands as the only intact bank robbed by Cassidy’s gang.
- Modern treasure hunters use historical research and technology to search Bear Lake County for the undiscovered stolen fortune.
- Bob Meeks’ arrest after the heist yielded no information about the loot’s location, maintaining the mystery for over a century.
The Great Montpelier Bank Robbery of 1896
As the late afternoon sun beat down on August 13, 1896, Butch Cassidy and his gang orchestrated one of Idaho’s most infamous bank heists at the Bank of Montpelier.
The notorious outlaws arrived at 3:13 p.m., with Cassidy and Elza Lay entering while Bob Meeks stayed with the horses. Inside, they forced bank personnel against the wall at gunpoint while Cassidy scooped roughly $7,000 into a gunny sack.
The robbery’s aftermath became a defining moment in Montpelier history. While Cassidy and Lay vanished with the loot, authorities caught young Meeks and sentenced him to 35 years in prison.
For one Montpelier outlaw, the price of the heist was steep: 35 years behind bars while his partners roamed free.
Today, you’ll find the original building transformed into the Butch Cassidy Bank Robbery Museum, where the infamous heist continues to captivate visitors exploring Idaho’s wild outlaw past.
Masterminds Behind the Heist
Behind the Montpelier bank heist, you’ll find Butch Cassidy’s methodical selection of trusted outlaws like Elza Lay and Bob Meeks, who each played specific roles in executing the robbery.
You can trace how the Wild Bunch’s network expanded to over 30 members, creating a sophisticated web of criminals with specialized skills and regional connections throughout Idaho and Wyoming.
Your understanding of their success comes from examining their detailed reconnaissance work, including gathering intelligence on bank security, coordinating with possible inside collaborators like George Nixon, and strategically timing their heists around payroll schedules.
Strategic Team Selection
The meticulous selection of team members for the Montpelier Bank heist showcased Butch Cassidy’s leadership and strategic prowess. Through careful skill assessment, he assembled a crew that blended local knowledge with proven criminal expertise.
You’ll find his team dynamics reflected a calculated balance of abilities: Elzy Lay brought oversight experience, while Bub Meeks contributed crucial local intelligence through his reconnaissance work at a Montpelier hotel.
Each member’s selection hinged on their familiarity with the region’s terrain and their history of reliable partnership. Cassidy prioritized those who’d previously operated in the area through ranch work, ensuring they could navigate the complex escape routes through Wyoming and Utah.
Their shared knowledge of safe havens, like Brown’s Hole, proved essential to the heist’s execution.
Outlaw Gang Dynamics
While individual skills drove team selection, understanding the Wild Bunch’s inner workings reveals a sophisticated outlaw organization. Under Butch Cassidy’s shrewd leadership, the gang operated through a flexible network rather than rigid hierarchy, allowing for adaptable heist strategies.
You’ll find that outlaw camaraderie flourished through shared backgrounds as cowboys-turned-outlaws, creating unshakeable trust among members.
The gang’s success hinged on complementary personalities and specialized roles. Cassidy’s diplomatic approach balanced Kid Curry’s volatility, while others excelled as scouts, explosives experts, or marksmen.
They coordinated through secret desert meetings and mountain hideouts, using trusted couriers and coded signals. Local sympathizers provided essential intelligence about law enforcement, while the gang maintained discipline through collective decision-making and fair distribution of spoils.
Preparatory Reconnaissance Methods
Masterfully orchestrating the Montpelier bank heist required extensive intelligence gathering and strategic planning by Butch Cassidy’s gang.
You’d have noticed Cassidy himself conducting surveillance from the bank steps, boldly conversing with locals while studying the facility’s operations and personnel movements.
The gang’s surveillance techniques included tracking staff descriptions, monitoring daily routines, and mapping the bank’s interior layout.
They’d identified key positions for the horse handler, mapped multiple escape routes across state lines, and established relay points in Wyoming for fresh mounts.
Their escape planning leveraged the terrain near Snyder Basin to lose pursuit and incorporated staggered departure timing to confuse law enforcement.
The Mysterious Journey of the Stolen Fortune
Following Butch Cassidy’s daring 1896 bank heist in Montpelier, Idaho, his gang orchestrated an elaborate escape plan that would spark decades of treasure hunting speculation.
You’ll find that the stolen fortune, estimated between $7,000 and $155,000, was moved across state lines using fresh horse relays and trusted accomplices like “Bub” Meeks.
The gang expertly dispersed their loot through multiple routes, leveraging their knowledge of rugged terrain and remote hideouts like Wyoming’s Hole in the Wall.
While some money funded Matt Warner’s legal defense and ongoing criminal activities, treasure myths suggest portions remain hidden in Bear Lake’s caves and secluded mountain areas.
The death or disappearance of key gang members, combined with deliberate misdirection, has left the true fate of significant portions of this stolen wealth shrouded in mystery.
Following the Money Trail

When you trace Butch Cassidy’s gang and their stolen fortune from the 1896 Montpelier bank heist, you’ll find a carefully orchestrated path through multiple state borders using fresh horses at relay points.
The estimated $5,000 to $155,000 in gold, silver, and currency made its way to outlaw hideouts like Brown’s Hole, where the borders of Utah, Colorado, and Wyoming intersect.
Records show that while part of the money funded Matt Warner’s legal defense, the final destination of much of the loot remains a mystery, as the gang never deposited or converted it into legitimate assets along their escape route.
Hidden Bank Vault Chronicles
In August 1896, one of Idaho’s most notorious bank heists unfolded at the Bank of Montpelier, orchestrated by Butch Cassidy and his trusted accomplices Elzy Lay and Bub Meeks.
Like treasure maps leading to hidden vaults, their meticulous planning revealed intimate knowledge of the bank’s operations, including deposit schedules and closing times.
At precisely 3:13 PM, following the day’s 13th deposit, Cassidy and Meeks entered the bank while Lay waited outside with horses.
They swiftly collected between $5,000 and $22,000 into a gunny sack. You’d be intrigued to know that part of this loot was earmarked for Matt Warner’s legal defense.
While Meeks was later caught and imprisoned, Cassidy’s strategic escape through Wyoming’s rugged terrain toward Brown’s Hole remains legendary among outlaws seeking freedom.
Money’s Mysterious Final Destination
The mysterious trail of the $7,000 stolen from Montpelier Bank leads through a complex web of outlaws, hideouts, and untold stories.
You’ll find that while the money distribution remains largely unknown, the gang’s escape route took them south and west through notorious outlaw territories.
The legal implications were severe, with Bub Meeks facing a 35-year sentence while Cassidy and Lay evaded capture.
- The robbery’s proceeds, worth about $230,000 today, were allegedly meant for Matt Warner’s legal defense.
- The gang used strategic border hideouts in Brown’s Hole to avoid coordinated law enforcement.
- Fresh horses were staged along escape routes for quick getaways.
- No definitive records exist showing if Warner ever received funds for his defense.
Local Legends and Treasure Hunters
Following Butch Cassidy’s daring 1896 bank heist in Montpelier, Idaho, treasure hunters have scoured the region’s rugged terrain searching for unrecovered loot.
Local folklore suggests the gang stashed anywhere from $5,000 to $22,000 along their carefully planned escape route to Brown’s Hole, a remote hideout spanning multiple state borders.
You’ll find treasure hunting enthusiasts particularly drawn to the strategic routes between Montpelier and the Utah-Wyoming border, where Cassidy’s gang positioned fresh horses for their getaway.
The original bank building, now a museum, continues to captivate searchers who believe undiscovered artifacts might reveal clues to the missing money’s location.
Even today, dedicated explorers armed with historical research and local legends continue their quest through the wild countryside that once sheltered these notorious outlaws.
From Crime Scene to Cultural Heritage

While treasure hunters continue their search for Cassidy’s lost loot, Montpelier’s Bank of Montpelier stands as a tribute to one of Idaho’s most infamous heists.
In 2016, Radk Konarik transformed this historical landmark into the Butch Cassidy Bank Robbery Museum, preserving its cultural significance for future generations.
You’ll find the bank’s original architecture intact, alongside artifacts that tell the story of the 1896 robbery that put this frontier town on the map.
- Experience authentic 19th-century bank architecture and original robbery artifacts
- Explore documented accounts of the heist that shaped local history
- Witness the site where Cassidy’s gang escaped with up to $22,000
- Participate in historical reenactments and festivals celebrating this Wild West legacy
The museum’s historical preservation efforts have turned this once-infamous crime scene into a cherished cultural heritage site, drawing thousands of visitors annually.
Modern-Day Search for Cassidy’s Cache
Since the infamous 1896 heist, modern treasure hunters have scoured Idaho’s Bear Lake region for Butch Cassidy’s stolen cache of up to $22,000.
You’ll find the original Bank of Montpelier building still standing, now housing the Butch Cassidy Museum, where you can walk the same floors as the legendary outlaw.
Today’s searchers combine modern technology with historical research, using treasure mapping techniques and digital archives to analyze bank records and eyewitness accounts.
While Bob Meeks’ arrest revealed no clues about the loot’s location, you can explore historical markers along Washington Street that pinpoint the robbery site.
The mystery continues to draw adventurers to Bear Lake County, where the only intact bank robbed by Cassidy’s gang serves as a launching point for treasure expeditions.
Frequently Asked Questions
Did Butch Cassidy Have Any Romantic Relationships During His Time in Montpelier?
You won’t find any documented love interests or romantic escapades during Cassidy’s Montpelier period in 1896. His known relationships were with Ann Bassett in Wyoming and later associations elsewhere.
What Kind of Weapons Did the Gang Typically Use During Their Robberies?
You’ll find they primarily used six-shooters and revolvers for close-quarter robberies, with some members carrying rifles. They’d rely on swift firearm displays and intimidation tactics rather than excessive shooting during heists.
Were There Any Indigenous Communities Involved or Affected by the Robbery?
You’ll find no direct evidence of indigenous participation in the robbery, though local tribes faced indirect consequences in its aftermath through increased regional instability and continued encroachment on their traditional territories.
Did Cassidy Maintain Contact With His Mormon Family After Turning to Crime?
You’ll find that Cassidy maintained limited family connections despite his crime impact, visiting his Mormon family home in Circleville around 1924 and expressing regret to relatives about disappointing his mother.
What Was the Average Annual Salary in Montpelier During 1896?
You’d find the average wage in 1896 Montpelier ranged from $500-$800 annually, reflecting local economic conditions of a small railroad and ranching town in rural Idaho’s developing economy.
References
- https://guide2museums.com/2024/09/27/butch-cassidy-bank-robbery-museum/
- https://cowboystatedaily.com/2025/02/23/the-american-west-the-wild-bunch-moves-on-the-1896-montpelier-bank-robbery/
- https://www.rickjust.com/blog/the-butch-bank
- https://www.youtube.com/watch?v=YgFEQl3fF-c
- https://bearlake.org/butch-cassidy/
- https://www.hmdb.org/m.asp?m=90877
- http://idaho.untraveledroad.com/BearLake/Montpelier/138SSign.htm
- https://www.youtube.com/watch?v=r8slQM1NxvY
- https://nevadagram.com/butch-cassidy-and-the-great-winnemucca-bank-robbery/
- https://digitalcommons.cwu.edu/cgi/viewcontent.cgi?article=1030&context=local_authors