Bank holding company providing banking and financial services through its subsidiary, First Interstate Bank.
First Interstate BancSystem, Inc. serves as a leading bank holding company overseeing First Interstate Bank, which delivers a comprehensive range of banking products and services throughout the United States. Founded in 1971 and headquartered in Billings, Montana, the company operates 147 banking offices across Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. These offices provide a diverse array of traditional depository products, including checking, savings, and time deposits, along with repurchase agreements tailored primarily for commercial and municipal depositors.
The bank also specializes in various lending services, offering real estate loans such as commercial real estate, construction, residential, agricultural, and other real estate loans. Additionally, First Interstate BancSystem provides consumer loans such as personal loans, credit card loans, lines of credit, and indirect loans. Its commercial lending services cater to small and medium-sized businesses across sectors like manufacturing, wholesale, retail, and services, providing both variable and fixed-rate loans for business expansions and working capital.
While First Interstate BancSystem maintains a robust suite of financial services and a strong regional presence, the company has not yet ventured into the realm of cryptocurrencies as part of its operational or investment strategies. Instead, it focuses on enhancing its offerings with trust services, investment management, insurance, and custodial services, serving individuals, businesses, and nonprofit organizations. With a commitment to innovation in banking and a dedication to customer satisfaction, First Interstate BancSystem continues to play a pivotal role in supporting the financial needs of communities across its operating states.