Full-Time
Posted on 9/18/2025
Regional community bank with wealth management
No salary listed
Sioux Falls, SD, USA
In Person
First Interstate Bank provides retail and commercial banking and wealth management across 14 Western states. Its products include checking and savings, loans (mortgages and business loans), deposits, and wealth-management services like investment advisory, trust, and retirement planning. It differentiates itself through a strong community focus, local involvement, and relationship-based service rather than an impersonal national model. Its goal is to help individuals, families, and businesses grow and prosper through dependable financial services and community support.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Billings, Montana
Founded
1968
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Paid Vacation
Child Care Assistance Program
401(k) Retirement Plan
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Wellness Program
First Interstate Bank celebrates $100 million in giving at local open houses. * Anthony Kutzler First Interstate Bank Communications Specialist * 1 hr ago First Interstate Bank marked a milestone 35 years in the making this week, celebrating $100 million in total philanthropic giving by the bank and the First Interstate BancSystem Foundation at Community Open House events held across every branch on April 21. What began in 1990 with six grants totaling $47,500 has grown into one of the region's most significant community investment platforms, contributing more than $7 million in 2024 alone. Programs span financial literacy, youth development, disaster relief, and nonprofit capacity building. Since 2022, the bank's employee-driven Believe in Local campaign has invested $4 million in grassroots nonprofits. Its Coats & More program has distributed more than 80,400 coats and warm items since 2009, Neighbors Feeding Neighbors has contributed $2.7 million over 15 years, and employees logged more than 60,000 volunteer hours in 2025. "Without strong communities, you can't have a strong bank," said First Interstate President and CEO Jim Reuter. "This milestone is a meaningful moment for us as we lean in to ensure our clients and communities are taken care of."
First Interstate BancSystem is sharply repositioning its operations, exiting Arizona and Kansas whilst selling 11 Nebraska branches to consolidate from 14 states to a contiguous 10-state footprint. The bank is also outsourcing consumer credit cards and ending indirect lending to focus on markets with stronger brand presence. Fourth-quarter net income rose to $108.8 million, boosted by a $62.7 million gain from the Arizona and Kansas sale, despite slightly lower net interest income. Net interest margin edged up to 3.38%, whilst criticized loans and non-performing assets declined, though net charge-offs increased to $22.1 million. Management repurchased approximately $118 million of stock in 2025 and added $150 million to its buyback authorisation. For 2026, the company expects low single-digit deposit growth, flat-to-slightly-lower loans, and net interest margin expansion above 3.50% by year-end.
Security First Bank to acquire 11 Nebraska branches from First Interstate Bank. Rapid City, S.D.-based Security First Bank is acquiring 11 Nebraska branches from Billings, Mont.-based First Interstate Bank. You have exhausted your free premium stories for the day. To access more premium content and enjoy uninterrupted reading experience, please consider subscribing to one of its plans.
Enterprise Financial Services Corp (EFSC) completed the acquisition of 12 branches from First Interstate Bank, adding 10 in Arizona and 2 in Kansas, with approximately $300 million in loans and $645 million in deposits. This expands Enterprise's footprint and increases its total assets to about $17 billion. The branches are now fully integrated into Enterprise Bank & Trust, offering a wide range of banking products.
Bank of Nevada later merged with First Interstate Bank, and Mrs. Bartlett continued her service with First Interstate Bank for more than 40 years.