First Interstate Bank
First Interstate Bank is a $26.6B-asset publicly traded regional community bank (NASDAQ: FIBK) operating 273 branches across 10 Mountain West and Pacific Northwest states, serving consumers, small and mid-sized businesses, agricultural borrowers, and institutional clients with deposit, lending, treasury, and wealth management products.
- Company typePublic
- Founded1968
- HeadquartersBillings, United States
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
First Interstate Bank firmographics
Firmographics- Name
- First Interstate Bank
- Legal name
- First Interstate BancSystem
- Website
- https://firstinterstatebank.com
- Company type
- Public
- Founded year
- 1968
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- First Interstate Bank is a $26.6B-asset publicly traded regional community bank (NASDAQ: FIBK) operating 273 branches across 10 Mountain West and Pacific Northwest states, serving consumers, small and mid-sized businesses, agricultural borrowers, and institutional clients with deposit, lending, treasury, and wealth management products.
- Ownership category
- akta.pro rank
First Interstate Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Depository Credit Intermediation (5221), Commercial Banking (52211)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industry
- Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB)
Keywords
Where First Interstate Bank is headquartered
LocationHeadquarters
- HQ city
- Billings
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
First Interstate Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Interest Income: Traditional banking revenue from interest earned on loans including commercial loans, agricultural loans, home mortgages, auto loans, and consumer credit.
- Non-Interest Income: Fee-based income from banking services including account fees, merchant services, treasury solutions, wealth management services, credit card interchange, and other financial services.
- Wealth Management Fees: Advisory and management fees from personal and business wealth management services including trust services, retirement planning, and investment services.
Go-to-market motion1 record
Distribution channels5 records
Marketing channels4 records
First Interstate Bank product offering
Product offeringCore offering
First Interstate Bank is a community banking organization that provides a comprehensive suite of consumer and business banking products and services. Core offerings include deposit products (checking, savings), consumer and commercial lending (home mortgages, jumbo loans, auto loans, commercial loans, SBA loans, agriculture lending, debt consolidation, home equity lines), credit cards, treasury management solutions (merchant services, remote deposit capture, positive pay, lockbox), wealth management, investment services, and digital banking channels (online and mobile).
Product overview
First Interstate Bank offers a comprehensive community banking platform with consumer and business banking products organized across several core categories. Consumer Banking includes checking (Orange Checking), savings, credit cards (Everyday Rewards+ Card), debit cards, and specialty services like escrow and foreign currency. Digital Banking channels encompass Online Banking and Mobile Banking apps for iOS and Android. Lending Products span home mortgages including Jumbo Loans, auto loans, debt consolidation, and home equity lines of credit for consumers, plus commercial loans, SBA loans, and agriculture lending for businesses. Treasury Solutions provide business cash management through remote deposit capture, merchant services, positive pay fraud protection, lockbox processing, and business sweep accounts. Wealth Management services include investment services, digital wealth services, and retirement planning for individuals, while Business Wealth Management covers retirement plans, exit planning, and specialized services for foundations and institutions. The bank operates 273 branches across 10 states (Colorado, Idaho, Iowa, Missouri, Montana, Nebraska, Oregon, South Dakota, Washington, and Wyoming) and has partnered with Prolific Banking for treasury onboarding automation and participates in Fiserv's agentOS AI platform for agentic banking capabilities.
Differentiator
Problem solved
Functional benefit
Products and services
- Orange Checking Personal checking account with no minimum balance and no service charge when enrolled in Online Banking and eStatements, available to individual retail banking customers.
- Online Banking Digital banking platform enabling customers to access accounts, pay bills, transfer funds, open accounts online, and manage finances via web browser.
- Mobile Banking
- Home Loans
- Jumbo Loans
- Auto Loans
- Debt Consolidation
- Home Equity Lines of Credit
- Wealth Management
- Investment Services
- Digital Wealth Services
- Credit Cards (Everyday Rewards+ Card) Personal credit card products including the Everyday Rewards+ Card offering 4X points on dining, takeout, and restaurant delivery purchases.
- Escrow Services
- Overdraft Protection
- Foreign Currency Exchange
- Business Checking
- Commercial Loans
- SBA Loans
- Agriculture Lending
- Treasury Solutions
- Remote Deposit Capture
- Merchant Services
- Positive Pay
- Lockbox Remittance Processing
- Business Wealth Management
- MoneyPass ATM Network
Companies that use First Interstate Bank
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles3 records
First Interstate Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
AI capability5 records
First Interstate Bank partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- FiservcoreFirst Interstate Bank is one of six financial institutions co-developing AI agents with Fiserv through the agentOS platform. First Interstate is already running AI agent pilots in beta as of May 2026, contributing to the development of bank-grade AI capabilities for core banking and payments operations. The partnership involves strategic collaboration with OpenAI and AWS supporting the agentOS platform.
- OpenAIcoreOpenAI is a strategic collaboration partner supporting the Fiserv agentOS platform that First Interstate Bank is co-developing AI agents on. The collaboration provides AI capabilities and infrastructure for agentic AI in banking workflows.
- Amazon Web Services (AWS)coreAWS is a strategic collaboration partner supporting the Fiserv agentOS platform that First Interstate Bank is co-developing AI agents on. AWS provides cloud infrastructure and services for the agentic AI operating system.
- Smithsonian InstitutionminorFirst Interstate Bank partnered with the Smithsonian Institution for an internship program, demonstrating commitment to education and cultural enrichment in the communities served.
- WesBancominorWesBanco appointed Nathan Jones, formerly Chief Risk Officer at First Interstate Bank, as their new CRO, succeeding Mike Perkins. This represents a leadership talent transition from First Interstate to WesBanco.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
First Interstate Bank competitors and assessment
Company assessmentDirect peers
- Glacier Bancorp: Montana-headquartered community bank holding company with a comparable Mountain West footprint and similar mix of consumer, commercial, and agricultural lending. Most directly comparable peer given overlapping geography and asset scale profile.
- Cullen/Frost Bankers: Texas-based regional bank holding company of similar size with a community banking model, relationship-driven commercial lending, and treasury management offerings that directly mirror FIBK's product set.
- Commerce Bancshares: Mid-cap regional bank holding company with a comparable mix of consumer, commercial, and wealth management banking, operating across multiple Midwestern states with similar community banking DNA.
- Pinnacle Financial Partners: Tennessee-based regional bank of similar asset size with relationship-focused commercial banking and a growing presence in consumer and wealth segments — a direct comparable on community banking model and scale.
- UMB Financial: Midwest-focused regional bank with comparable asset size, commercial and consumer banking, treasury solutions, and institutional/corporate trust services that overlap with FIBK's business wealth offering.
- WesBanco: Multi-state regional bank with community banking model, commercial lending, and wealth management. Notable direct peer because it hired FIBK's former CRO, indicating overlap in talent markets and competitive positioning.
- Old National Bancorp: Mid-sized regional bank holding company with similar community banking approach, broad consumer/commercial product set, and wealth management services across Midwestern markets.
- Cadence Bank: Regional bank holding company offering commercial banking, treasury management, and wealth services across the South and Texas — comparable mid-cap regional model with similar fee-income mix.
Broad incumbents
- Bank of Hawaii: Established community/regional bank with comparable size and a focus on consumer, commercial, and wealth management — broader in geography but similar business model and customer relationship orientation.
- First Horizon Corporation: Larger regional bank holding company with consumer, commercial, and wealth banking across the Southeast. Larger scale makes it a broader incumbent but with overlapping product capabilities and customer segments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
First Interstate Bank social profiles
Digital presenceFirst Interstate Bank compliance and trust
Trust signalCompliance3 records
First Interstate Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
First Interstate Bank leadership team
Management profileNumber of profiles
Profiles9 records
First Interstate Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
First Interstate Bank M&A and investment
M&A and investmentM&A4 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about First Interstate Bank
What does First Interstate Bank do?
First Interstate Bank is a community banking organization that provides a comprehensive suite of consumer and business banking products and services. Core offerings include deposit products (checking, savings), consumer and commercial lending (home mortgages, jumbo loans, auto loans, commercial loans, SBA loans, agriculture lending, debt consolidation, home equity lines), credit cards, treasury management solutions (merchant services, remote deposit capture, positive pay, lockbox), wealth management, investment services, and digital banking channels (online and mobile).
Is First Interstate Bank a public or private company?
First Interstate Bank is a public company. It is classified as public and is currently operating.
When was First Interstate Bank founded?
First Interstate Bank was founded in 1968. It employs 1,001 to 5,000 people.
Where is First Interstate Bank based?
First Interstate Bank is headquartered in Billings, United States, in the North America region.
How does First Interstate Bank make money?
Three revenue lines are on record. Interest Income is the primary driver. The others are non-Interest Income and wealth Management Fees.
Who are First Interstate Bank's main competitors?
Direct peers on record are Glacier Bancorp, Cullen/Frost Bankers, Commerce Bancshares, Pinnacle Financial Partners, UMB Financial, WesBanco, Old National Bancorp and Cadence Bank. Broad incumbents are Bank of Hawaii and First Horizon Corporation.
Does First Interstate Bank have an API?
No public API is recorded for First Interstate Bank.
What industry is First Interstate Bank in?
First Interstate Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAAAB, Retail Lending (Personal Loans, Auto, Credit Lines). Its NAICS code is 5221 and its SIC code is 6022.