Federal Reserve Board News: FRB announces approval of proposals by First Interstate Bank

Federal Reserve Board approves proposals by First Interstate Bank

WASHINGTON (STL.News) – The Federal Reserve Board released the following statement, Friday, March 22nd:

The Federal Reserve Board on Friday announced its approval of the proposals under section 18(c) of the Federal Deposit Insurance Act and section 9 of the Federal Reserve Act by First Interstate Bank, Billings, Montana, to merge with Idaho Independent Bank, Coeur d’Alene, Idaho, and to establish and operate branches at the locations of the main office and branches of Idaho Independent Bank.

Federal Reserve Board PDF