Is First Interstate Bank owned by Wells Fargo?

In 1996, Wells Fargo acquired First Interstate Bancorp, but not this bank. Instead, we obtained an exclusive license to use the “First Interstate” name and logo and created the First Interstate BancSystem, Inc. holding company.

Who is the CEO of First Interstate Bank?

Kevin P. Riley (Sep 23, 2015–)
First Interstate BancSystem/CEO

Who owns First Interstate Bank in Montana?

In 1996, Wells Fargo acquired First Interstate Bancorp, but not First Interstate Bank. Instead, the Montana organization successfully negotiated to retain the well-known First Interstate name and logo. In 2017, the company retained the rights to use the First Interstate name and logo in all 50 states.

What was First Interstate bank before?

Transamerica Corporation
First Interstate Bancorp was a bank holding company based in the United States that was taken over in 1996 by Wells Fargo….First Interstate Bancorp.

Trade nameFirst Interstate Bank
Predecessorspun off from Transamerica Corporation in 1958
FoundedJuly 1, 1958 in Los Angeles, California
DefunctApril 1, 1996
FateAcquired by Wells Fargo

What is the asset size of First Interstate bank?

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First Interstate BancSystem Annual Total Assets (Millions of US $)
2019$14,644
2018$13,300
2017$12,213
2016$9,064

Is First Interstate Bank Insured?

All state and national banks—including First Interstate Bank—are required to be insured by the FDIC, and no one has lost a penny since this government-backed insurance has been in place. Rest assured, all of your savings and checking accounts are covered by the FDIC here at First Interstate.

Is there a First Interstate Bank in Hawaii?

First Interstate Bank of Hawaii.

Who did First Interstate bank merger with?

Wells Fargo
First Interstate Bancorp

Trade nameFirst Interstate Bank
DefunctApril 1, 1996
FateAcquired by Wells Fargo
SuccessorWells Fargo First Interstate BancSystem
HeadquartersLos Angeles, California

When was First Interstate bank founded?

1968, Sheridan, Wyoming, United States
First Interstate BancSystem/Founded

Who was the founder of First Interstate Bank?

Mr. Scott purchased the Security Trust and Savings Bank in Billings, Montana. These two bank acquisitions formed the foundation on which our company began its notable history of sustained growth and expansion. 1971

How to login to First Interstate Investment Services?

The experience of First Interstate Investment Services with the convenience and ease of where-you-are technology. Select a Login Choose a Login…

Where is First Interstate Bank located in Montana?

First Interstate is a community bank headquartered in Billings, Montana. With 146 offices across Idaho, Montana, Oregon, South Dakota, Washington and Wyoming, we’re dedicated to helping these diverse communities reach their greatest potential—answering the needs of residents and businesses with practical financial solutions.

Where is First Interstate Bank in Post Falls Idaho?

In October, First Interstate signed a definitive agreement to acquire Idaho Independent Bank based in Coeur d’Alene, Idaho, and Community 1st Bank based in Post Falls, Idaho. In November, Inland Northwest Bank officially became First Interstate Bank.

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