First Interstate BancSystem, Inc. is a $7.1 billion financial holding company headquartered in Billings, Montana. Its principal subsidiary, First Interstate Bank, offers a full range of banking and financial services to individuals, businesses and municipalities throughout Montana, Wyoming, and western South Dakota.
First Interstate’s course was set by its founder, Homer Scott, Sr., who believed that people and organizations are not known by what they say, but by what they do. From the time Homer Scott, Sr. first purchased the bank in 1968, through its growth in the last 42 years, the family of First Interstate BancSystem has always adhered to a strong set of guiding principles, which are formally stated in the Company’s Strategic Vision.
First Interstate’s common stock is registered under the Securities Exchange Act of 1934. Accordingly, First Interstate files periodic reports with the Securities and Exchange Commission.
First Interstate’s common stock is not traded on any securities quotation system or exchange. The directors and executive officers of First Interstate control approximately 51% of the outstanding Class B common stock of the company. Many of these directors and executive officers are members of the Scott family, who collectively owns in excess of 79% of the outstanding Class B common stock.