# First Interstate

> First Interstate is a Billings-based banking group serving households, businesses, farmers, ranchers, municipalities and nonprofits across ten U.S. states. Its bank combines branches with digital banking, lending, treasury services and wealth management. After expanding through Great Western, it is narrowing its footprint and emphasizing relationships in existing markets.

- **Founded:** 1968
- **Headquarters:** Billings, United States
- **Founders:** Homer Scott, Sr. (Founder)
- **Products:** Orange Checking, Business checking, Commercial and agriculture lending, Treasury Banking Suite, Home lending
- **Notable:** Expanded from six to fourteen states through the 2022 Great Western transaction., Bank and Foundation cumulative community giving passed $100 million, celebrated in April 2026., Reported $7.2 million donated and more than 60,540 volunteer hours during 2025.

## Products & services

- **Orange Checking** — Personal checking with no minimum balance and no service charge when enrolled in Online Banking and eStatements.
- **Business checking** — Classic, Enhanced, Analyzed and Community Checking for different business and nonprofit needs.
- **Commercial and agriculture lending** — Working-capital lines, commercial loans, equipment financing and farm or ranch financing. Loans require credit approval.
- **Treasury Banking Suite** — Business cash-management tools including user permissions, ACH, wires, reporting and fraud controls.
- **Home lending** — Mortgage and home equity products for qualifying borrowers.
- **Wealth management** — Retirement, college, trust and estate planning, with institutional investment services also available.
- **Online and mobile banking** — Digital account access, transfers, bill payments and mobile check deposits.

## Achievements

- Expanded from six to fourteen states through the 2022 Great Western transaction.
- Bank and Foundation cumulative community giving passed $100 million, celebrated in April 2026.
- Reported $7.2 million donated and more than 60,540 volunteer hours during 2025.
- Reported a Satisfactory Community Reinvestment Act examination rating on its current CRA page.

## Latest updates

- **2026-10** — Reported Q3 net income of $62.2 million, net interest margin of 3.53%, and $25.77 billion in assets on October 22.
- **2026-09** — Jeff Lee became Executive Vice President and Chief Operations Officer effective September 14.
- **2026-04** — Completed sale of eleven Nebraska branches to Security First Bank; the company subsequently reported a $19.5 million gain.
- **2026-04** — Celebrated $100 million in combined Bank and Foundation community giving since 1990.
- **2025-10** — Sold Arizona and Kansas branches to Enterprise Bank & Trust.

## Links

- Website: https://www.firstinterstatebank.com/
- LinkedIn: https://www.linkedin.com/company/first-interstate
- Twitter/X: https://twitter.com/firstinterstate
- YouTube: https://www.youtube.com/user/firstinterstatebank
- Instagram: https://www.instagram.com/firstinterstate/
- Facebook: https://www.facebook.com/FirstInterstateBank/

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Profile page: https://yespress.io/first-interstate
Published by YesPress — https://yespress.io
Last updated: 2026-10-24