Did Wells Fargo buy First Interstate Bank?
1996. In 1996, Wells Fargo acquired First Interstate Bancorp, but not our bank. Instead, we obtained an exclusive license to use the “First Interstate” name and logo in Montana, Wyoming, and the neighboring states of Idaho, Utah, Colorado, Nebraska, South Dakota, and North Dakota.
Who bought out First Interstate Bank?
Five months after announcing our intent to merge, we are pleased to officially welcome Great Western Bank to the First Interstate family. First Interstate’s merger with Great Western Bank was completed this morning, February 1, 2022.
How much is it to open an account at First Interstate Bank?
Opening your account online is easy and secure or stop by any First Interstate Bank branch and one of our bankers will assist you in opening your account. All Savings accounts require a $100 opening deposit with the exception of a regular savings account for minors which requires a $50 opening deposit.
Does First Interstate Bank have online banking?
With online banking you can securely manage your accounts from any computer, anytime. Don’t have a checking account with First Interstate? Open one here.
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.
Who owns First Interstate Montana?
What is the interest rate for a savings account at First Interstate Bank?
Market Interest Savings
| Key Features | Details |
|---|---|
| Current Terms and Rates | Account balances up to $10,000: 0.35% APY Account balances between $10,000 and $49,999: 0.40% APY Account balances between $50,000 and $99,999: 0.55% APY Account balances between $100,000 and 249,999.99: 0.65% APY Account balances of $250,000+: 0.70% APY |
What services does First Interstate Bank offer?
Personal. Banking. Overdraft Credit Line.
What was First Interstate Bank before?
Firstamerica Corp.
First Interstate initially was called Firstamerica Corp., then Western Bancorporation in 1961. It adopted its current name in 1981.
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.