First Interstate BancSystem is pleased to announce that it has been named as one of the Top 10 Mid-Tier banking organizations in America for 2009 by US Banker Magazine. Mid-tier banks are those with assets of $2 to $10 billion. This recognition is based on financial performance.

US Banker rated First Interstate Bank sixth in the country and first among privately held banks. President and CEO, Lyle Knight says First Interstate is proud to be recognized as one of our country’s top performing banking organizations. “Our financial successes are due to our commitment to sound banking practices and high ethical standards. In addition, we are fortunate to be doing business in this region of our country where our local economy continues to be much stronger than other areas of the nation. Our unemployment rate is still much lower than the national average and our foreclosure rates are amongst the lowest in the nation. As a result, we have not experienced the financial instability that has challenged other financial institutions around the country.”

First Interstate BancSystem is a $6.7 billion community banking organization operating 56 First Interstate offices across Montana and Wyoming: 36 Montana offices in Belgrade, Bigfork, Billings, Bozeman, Colstrip, Eureka, Evergreen, Gardiner, Great Falls, Hamilton, Hardin, Helena, Kalispell, Lame Deer, Livingston, Missoula, Miles City, Polson, Red Lodge, and Whitefish, and 20 Wyoming offices in Buffalo, Casper, Cheyenne, Gillette, Jackson, Laramie, Lander, Riverton and Sheridan.

First Interstate Bank affiliate, First Western Bank, operates 19 offices throughout the Black Hills and Badlands of South Dakota in Belle Fourche, Custer, Deadwood, Edgemont, Hill City, Hot Springs, Lead, New Underwood, Piedmont Valley, Rapid City, Spearfish, Sturgis and Wall.

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