# First Interstate BancSystem competitors: and the alternatives

Source: https://www.bankingnewsai.com/banks/first-interstate/competitors
Last updated: Oct 19, 2026

*Part of the [First Interstate BancSystem AI strategy profile](https://www.bankingnewsai.com/banks/first-interstate). Peer group: Glacier Bancorp, Zions Bancorporation, WaFd, Inc., Banner Corporation, Columbia Banking System, UMB Financial, National Bank Holdings Corporation, Associated Banc-Corp.*

## Who are First Interstate BancSystem's competitors, and what are the alternatives?

First Interstate's 2025 10-K, filed February 26, 2026, says there is 'significant competition among commercial banks' in its markets. It also lists savings and loans, credit unions, financial technology companies, internet banks, consumer finance companies, brokerages, mortgage banking companies, insurers, securities firms, mutual funds, government agencies and major retailers. It ran 290 banking offices in 12 states in February 2026 and has since cut to 10 contiguous states. FDIC data for June 30, 2025 show where its rivals are strongest. In Montana, its home state, it ranks second with $6.2 billion of deposits in 43 offices, behind Glacier ($8.0 billion) and ahead of Stockman Bank, Wells Fargo and U.S. Bank. In Wyoming it ranks first, ahead of Wells Fargo and Glacier. In South Dakota it ranks fifth, behind Citibank, Wells Fargo, The Bancorp and Pathward. In Idaho and Oregon it ranks ninth, behind U.S. Bank, Wells Fargo, Umpqua and others. In Colorado, where CEO Jim Reuter sees opportunity after PNC bought FirstBank, it ranks 26th. Its own 10-K says some competitors have 'higher lending limits' and that many have 'substantially greater resources to invest in technological improvements'. Non-bank rivals appear in its list as fintechs and internet banks: Chime had 10.4 million active members in June 2026, and Block lists banks among Square's competitors. ([First Interstate BancSystem (SEC filings)](https://www.sec.gov/Archives/edgar/data/860413/000086041326000011/fibk-20251231.htm), [MarketBeat (Yahoo Finance)](https://finance.yahoo.com/news/first-interstate-bancsystem-q4-earnings-171201548.html), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22MT%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22WY%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22SD%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22ID%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22OR%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22CO%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [Banking Dive](https://bankingdive.com/news/first-interstate-ceo-colorado-pnc-firstbank-bank-deal/760648), [Chime](https://investors.chime.com/news-releases/news-release-details/chime-reports-second-quarter-2026-financial-results), [Block, Inc. via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1512673/000162828026012254/xyz-20251231.htm))

## What does First Interstate say about its competition?

"There is significant competition among commercial banks in our market areas. We also compete with other providers of financial services that actively engage in providing various types of loans and other financial services to their clients, such as: savings and loan associations; credit unions; financial technology companies; internet banks; consumer finance companies; brokerage firms; mortgage banking companies; insurance companies; securities firms; mutual funds; government agencies; and major retailers." ([First Interstate BancSystem (SEC filings)](https://www.sec.gov/Archives/edgar/data/860413/000086041326000011/fibk-20251231.htm))

"To remain competitive in this congested industry, we continue to develop our omni-channel experience across our website, social media, and email, in addition to our offline channels, such as brick and mortar banking offices. Some of our competitors have greater resources and, as such, may have higher lending limits and may offer other services that we do not provide. We generally compete on the basis of service and responsiveness to client needs, available loan and deposit products, rates of interest charged on loans, rates of interest paid for deposits, and the availability and pricing of services such as trust, employee benefit, investment, and insurance services." ([First Interstate BancSystem (SEC filings)](https://www.sec.gov/Archives/edgar/data/860413/000086041326000011/fibk-20251231.htm))

From the risk factors: "Many of our competitors have substantially greater resources to invest in technological improvements. We may not be able to effectively implement new technology-facilitated products and services or be successful in marketing these products and services to our clients." And on AI: "To effectively make necessary investments in AI, we may need to expend significant financial, human, and other resources. As a result, we may not be able to effectively implement AI in a timely way which could adversely impact our operations. Our ability to compete with financial institutions which have greater resources to invest in such technological improvements may be adversely impacted." (2025 Form 10-K, filed February 26, 2026.) ([First Interstate BancSystem (SEC filings)](https://www.sec.gov/Archives/edgar/data/860413/000086041326000011/fibk-20251231.htm))

## Who competes with First Interstate in each of its businesses?

| Business line | Competitor | Type | Why it competes |
| --- | --- | --- | --- |
| Home region: Montana, Wyoming and the Dakotas | [Glacier Bancorp](https://www.bankingnewsai.com/banks/glacier) | Bank | First in Montana by deposits at June 30, 2025, with $8.0 billion in 63 offices against First Interstate's $6.2 billion in 43, and third in Wyoming; both banks are headquartered in Montana. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22MT%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22WY%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json)) |
| Home region: Montana, Wyoming and the Dakotas | Stockman Bank of Montana | Bank | Third in Montana by deposits at June 30, 2025, with $5.6 billion in 45 offices, just behind First Interstate. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22MT%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json)) |
| Home region: Montana, Wyoming and the Dakotas | [Wells Fargo](https://www.bankingnewsai.com/banks/wells-fargo) | Bank | Fourth in Montana ($3.3 billion) and second in Wyoming ($2.3 billion) by deposits at June 30, 2025. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22MT%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22WY%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json)) |
| Home region: Montana, Wyoming and the Dakotas | [U.S. Bank](https://www.bankingnewsai.com/banks/us-bancorp) | Bank | Fifth in Montana ($3.0 billion) and first in Idaho and Oregon by deposits at June 30, 2025. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22MT%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22ID%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22OR%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json)) |
| Home region: Montana, Wyoming and the Dakotas | [National Bank Holdings (NBH Bank)](https://www.bankingnewsai.com/banks/national-bank-holdings) | Bank | Fourth in Wyoming by deposits at June 30, 2025, with $1.3 billion; its 2UniFi digital platform targets small businesses. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22WY%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [Investing.com](https://investing.com/news/transcripts/earnings-call-transcript-national-bank-holdings-beats-q1-2026-eps-forecasts-93CH-4630113)) |
| Commercial banking in the Northwest and Colorado | [Columbia Banking System (Umpqua Bank)](https://www.bankingnewsai.com/banks/columbia) | Bank | Umpqua Bank was second in Oregon by deposits at June 30, 2025, with $16.8 billion, against First Interstate's $2.5 billion; Columbia sits in First Interstate's 2025 compensation peer group. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22OR%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [First Interstate BancSystem (SEC filings)](https://www.sec.gov/Archives/edgar/data/860413/000086041326000025/fibk-20260415.htm)) |
| Commercial banking in the Northwest and Colorado | [Banner Bank](https://www.bankingnewsai.com/banks/banner) | Bank | Seventh in Oregon by deposits at June 30, 2025, with $3.0 billion, two places ahead of First Interstate; its new origination system lifted commercial originations 85% in the second quarter of 2026. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22OR%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [Investing.com](https://investing.com/news/transcripts/earnings-call-transcript-banner-misses-q2-2026-estimates-as-shares-slip-93CH-4809573)) |
| Commercial banking in the Northwest and Colorado | [Zions Bancorporation](https://www.bankingnewsai.com/banks/zions) | Bank | Fifth in Idaho by deposits at June 30, 2025, with $2.6 billion, ahead of First Interstate's $1.6 billion. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22ID%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json)) |
| Commercial banking in the Northwest and Colorado | [FirstBank (PNC)](https://www.bankingnewsai.com/banks/pnc) | Bank | FirstBank was second in Colorado by deposits at June 30, 2025, with $22.2 billion; PNC converted its 95 branches and 780,000 customers in June 2026. Reuter, a former FirstBank executive, calls Colorado 'a better opportunity' after the deal; First Interstate ranks 26th there. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22CO%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [PNC via FT Markets](https://markets.ft.com/data/announce/detail?dockey=600-202606220745PR_NEWS_USPRX____NE88394-1), [Banking Dive](https://bankingdive.com/news/first-interstate-ceo-colorado-pnc-firstbank-bank-deal/760648)) |
| Commercial banking in the Northwest and Colorado | [UMB Financial](https://www.bankingnewsai.com/banks/umb) | Bank | Its Heartland acquisition took UMB from eight to 13 states, including Colorado and the Mountain West; UMB sits in First Interstate's 2025 compensation peer group. ([American Banker](https://www.americanbanker.com/news/2025-the-most-powerful-women-to-watch-no-15-uma-wilson-umb-bank), [First Interstate BancSystem (SEC filings)](https://www.sec.gov/Archives/edgar/data/860413/000086041326000025/fibk-20260415.htm)) |
| Retail deposits, checking and everyday digital banking | [JPMorgan Chase](https://www.bankingnewsai.com/banks/jpmorgan-chase) | Bank | Third in Colorado by deposits at June 30, 2025, with $22.1 billion, and sixth in Idaho; 74.6 million active digital customers in 2025. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22CO%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22ID%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [JPMorgan Chase & Co. (SEC filings)](https://www.sec.gov/Archives/edgar/data/19617/000162828026008131/jpm-20251231.htm)) |
| Retail deposits, checking and everyday digital banking | [Bank of America](https://www.bankingnewsai.com/banks/bank-of-america) | Bank | Third in Oregon ($14.5 billion) by deposits at June 30, 2025, and a national bank of the kind First Interstate's 10-K says has more to invest in technology. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22OR%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [First Interstate BancSystem (SEC filings)](https://www.sec.gov/Archives/edgar/data/860413/000086041326000011/fibk-20251231.htm)) |
| Retail deposits, checking and everyday digital banking | [Chime](https://www.bankingnewsai.com/fintech/chime) | Fintech | An internet bank and fintech of the kinds First Interstate's 10-K lists; Chime's 10-K claims a cost advantage over traditional banks by avoiding branches, and it had 10.4 million active members at June 30, 2026. ([First Interstate BancSystem (SEC filings)](https://www.sec.gov/Archives/edgar/data/860413/000086041326000011/fibk-20251231.htm), [Chime via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1795586/000179558626000013/chym-20251231.htm), [Chime](https://investors.chime.com/news-releases/news-release-details/chime-reports-second-quarter-2026-financial-results)) |
| Retail deposits, checking and everyday digital banking | [Cash App (Block)](https://www.bankingnewsai.com/fintech/block) | Fintech | Block's 2025 10-K lists banks among Cash App's competitors in peer-to-peer payments and debit cards; Cash App had 59 million monthly transacting actives in December 2025. ([Block, Inc. via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1512673/000162828026012254/xyz-20251231.htm)) |
| Small business banking, treasury and payments | [Square (Block)](https://www.bankingnewsai.com/fintech/block) | Payments company | Block's 10-K lists 'banks that provide payment processing, checking, savings, loans, and payroll' among Square's competitors; First Interstate automated treasury-management enrollment with Prolific Banking in May 2026. ([Block, Inc. via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1512673/000162828026012254/xyz-20251231.htm), [Prolific Banking (Business Wire)](https://www.businesswire.com/news/home/20260519411891/en/First-Interstate-Bank-Moved-Prolific-Banking-Inc.-On-Ramp-Commercial-Enrollment-Solution-into-Production)) |
| Small business banking, treasury and payments | [National Bank Holdings (2UniFi)](https://www.bankingnewsai.com/banks/national-bank-holdings) | Bank | Its 2UniFi platform for small businesses drew over 1,300 user applications by April 2026, with weekly applications up from about 40 to nearly 400. ([Investing.com](https://investing.com/news/transcripts/earnings-call-transcript-national-bank-holdings-beats-q1-2026-eps-forecasts-93CH-4630113)) |
| Small business banking, treasury and payments | [Bank of America](https://www.bankingnewsai.com/banks/bank-of-america) | Bank | Calls itself the number one small business lender in the US, citing FDIC data, serving 4 million small businesses. ([Bank of America Newsroom](https://newsroom.bankofamerica.com/content/newsroom/company-overview/bank-of-america-fast-facts.html)) |

## How do the AI and digital offerings of First Interstate's competitors compare?

First Interstate first, then each competitor. Use-case counts, index scores and latest moves are computed from our profiles of each company; "No profile" means this site has no page on it yet.

| Company | AI or digital offering | On the record (our profiles) | Latest dated AI move |
| --- | --- | --- | --- |
| [First Interstate BancSystem (this page)](https://www.bankingnewsai.com/banks/first-interstate) | Fiserv agentOS pilot and the 'one clean data source' project ([American Banker](https://americanbanker.com/news/fiserv-has-co-created-ai-agents-with-six-banks-and-openai), [MarketBeat (Yahoo Finance)](https://finance.yahoo.com/markets/stocks/articles/first-interstate-bancsystem-q1-earnings-182457679.html)) | [Index 51.3 (#56); 11 use cases, 5 in production](https://www.bankingnewsai.com/banks/first-interstate) | Jeff Lee named chief operations officer (Aug 21, 2026) ([First Interstate BancSystem (SEC filings)](https://www.sec.gov/Archives/edgar/data/860413/000086041326000088/fibk-20260821.htm), [First Interstate BancSystem (SEC filings)](https://www.sec.gov/Archives/edgar/data/860413/000086041326000092/fibk-20260914.htm)) |
| [Glacier Bancorp](https://www.bankingnewsai.com/banks/glacier) | Not disclosed | [Index 2 (#117); 10 use cases, 7 in production](https://www.bankingnewsai.com/banks/glacier) | Glacier Bank invests in the Cari tokenised-deposit network (Sep 2, 2026) ([Cari via Business Wire (Morningstar)](https://morningstar.com/news/business-wire/20260902910423/cari-raises-over-30-million-in-first-tranche-of-initial-funding-round-backed-entirely-by-banks)) |
| Stockman Bank of Montana | Not disclosed | No profile | Not disclosed |
| [Wells Fargo](https://www.bankingnewsai.com/banks/wells-fargo) | Fargo virtual assistant: more than 1 billion interactions (March 2026) ([Wells Fargo (Business Wire)](https://www.businesswire.com/news/home/20260326542274/en/Wells-Fargo-Reaches-Major-Digital-Milestones)) | [Index 88.8 (#7); 16 use cases, 13 in production](https://www.bankingnewsai.com/banks/wells-fargo) | Q3 2026 call: AI agents in code, marketing, cyber, underwriting (Oct 13, 2026) ([PYMNTS](https://pymnts.com/earnings/2026/wells-fargo-enhances-banking-capabilities-using-ai-and-digital-assets), [Wells Fargo](https://www.wellsfargo.com/assets/pdf/about/investor-relations/earnings/third-quarter-2026-earnings.pdf)) |
| [U.S. Bank](https://www.bankingnewsai.com/banks/us-bancorp) | In-house tools from the AI Center of Excellence ([U.S. Bank](https://www.usbank.com/about-us-bank/news-and-stories/article-library/us-bank-launches-design-assistant-an-ai-solution-to-empower-designers-at-scale.html), [American Banker](https://www.americanbanker.com/news/u-s-bank-gives-embedded-banking-clients-a-gen-ai-assistant), [U.S. Bank](https://www.usbank.com/about-us-bank/news-and-stories/article-library/ai-powered-statement-analyzer-simplifies-payment-services-for-small-businesses.html), [U.S. Bank](https://www.usbank.com/about-us-bank/news-and-stories/article-library/us-bank-launches-ai-driven-cash-forecasting-tool.html)) | [Index 81.3 (#18); 18 use cases, 16 in production](https://www.bankingnewsai.com/banks/us-bancorp) | Venkatachari: from proving AI to industrializing it (Oct 7, 2026) ([Forbes (Yahoo Finance)](https://finance.yahoo.com/news/u-bank-industrializing-ai-132012524.html)) |
| [National Bank Holdings (NBH Bank)](https://www.bankingnewsai.com/banks/national-bank-holdings) | Not disclosed | [Index 2 (#115); 8 use cases, 6 in production](https://www.bankingnewsai.com/banks/national-bank-holdings) | 8-K: $4.0 million impairment on a FinTech partnership investment (Oct 1, 2026) ([National Bank Holdings Corporation (SEC filing)](https://www.sec.gov/Archives/edgar/data/1475841/000110465926112856/nbhc-20260928x8k.htm)) |
| [Columbia Banking System (Umpqua Bank)](https://www.bankingnewsai.com/banks/columbia) | AI agents answering seven client messages per human response (September 2026) ([Investing.com](https://www.investing.com/news/transcripts/columbia-banking-system-at-barclays-conference-discipline-drives-gains-93CH-4902099)) | [Index 63.3 (#45); 16 use cases, 15 in production](https://www.bankingnewsai.com/banks/columbia) | Barclays conference: AI answers most client messages (Sep 15, 2026) ([Investing.com](https://www.investing.com/news/transcripts/columbia-banking-system-at-barclays-conference-discipline-drives-gains-93CH-4902099)) |
| [Banner Bank](https://www.bankingnewsai.com/banks/banner) | Banner Virtual Assistant, available 24/7 ([Banner Bank](https://www.bannerbank.com/contact-us/banner-virtual-assistant)) | [Index 36.7 (#80); 12 use cases, 9 in production](https://www.bankingnewsai.com/banks/banner) | Pacific Financial acquisition completed (Sep 1, 2026) ([Banner Corporation (SEC filings)](https://www.sec.gov/Archives/edgar/data/946673/000094667326000184/banrclosingpressrelease9-1.htm)) |
| [Zions Bancorporation](https://www.bankingnewsai.com/banks/zions) | Gemini-based enterprise AI platform; 56% of staff using generative AI ([American Banker](https://americanbanker.com/news/2025-the-most-powerful-women-to-watch-no-3-jennifer-smith-zions-bancorporation), [American Banker](https://americanbanker.com/news/zions-revamped-tech-leadership-team-eyes-ai-stablecoins)) | [Index 59.6 (#48); 16 use cases, 10 in production](https://www.bankingnewsai.com/banks/zions) | Q2 2026 10-Q lists AI among emerging-technology risks (Aug 6, 2026) ([Zions Bancorporation (SEC filings)](https://www.sec.gov/Archives/edgar/data/109380/000010938026000111/zions-20260630.htm), [Zions Bancorporation (SEC filings)](https://www.sec.gov/Archives/edgar/data/109380/000010938026000083/zions-20260331.htm)) |
| [FirstBank (PNC)](https://www.bankingnewsai.com/banks/pnc) | PNC AI factory ([American Banker](https://www.americanbanker.com/news/why-pnc-is-building-its-own-ai-factory), [American Banker](https://www.americanbanker.com/news/pncs-solution-to-rising-ai-costs-build-its-own-ai), [PNC via FT Markets](https://markets.ft.com/data/announce/detail?dockey=600-202607070807PR_NEWS_USPRX____NE98867-1), [Investing.com](https://uk.investing.com/news/stock-market-news/pnc-at-barclays-conference-growth-ai-and-branch-push-93CH-4868299)) | [Index 68.2 (#38); 14 use cases, 8 in production](https://www.bankingnewsai.com/banks/pnc) | Head of ATM Banking hired with an AI mandate (Sep 25, 2026) ([Columbus Business First (bizjournals.com)](https://www.bizjournals.com/columbus/potmsearch/detail/submission/6578669/Mark_Williamson)) |
| [UMB Financial](https://www.bankingnewsai.com/banks/umb) | Machine learning 'deployed across the whole organization', per the CEO (April 2026) ([The Motley Fool (Yahoo Finance)](https://finance.yahoo.com/markets/stocks/articles/umb-financial-umbf-q1-2026-160648739.html)) | [Index 47.9 (#61); 10 use cases, 9 in production](https://www.bankingnewsai.com/banks/umb) | 'Playing with the big boys' (Aug 20, 2026) ([CNBC](https://www.cnbc.com/2026/08/20/a-regional-bank-will-rally-by-playing-with-the-big-boys-jpmorgan-says.html)) |
| [JPMorgan Chase](https://www.bankingnewsai.com/banks/jpmorgan-chase) | Smart Cash AI cash tool in a targeted pilot (October 2026) ([Banking Dive](https://www.bankingdive.com/news/jpmorgan-dimon-ai-agents-bank-customers-liability-transfer/832870)) | [Index 89 (#6); 15 use cases, 8 in production](https://www.bankingnewsai.com/banks/jpmorgan-chase) | Q3 2026 call: outside AI agents stay blocked; AI spend put near $700 million (Oct 13, 2026) ([CNBC](https://www.cnbc.com/2026/10/13/jpmorgan-ai-agents-account-access.html), [Banking Dive](https://www.bankingdive.com/news/jpmorgan-dimon-ai-agents-bank-customers-liability-transfer/832870), [American Banker](https://www.americanbanker.com/news/jpmorgan-warns-of-risks-to-consumers-who-rely-on-ai-agents)) |
| [Bank of America](https://www.bankingnewsai.com/banks/bank-of-america) | Erica virtual assistant: more than 24.6 million clients helped ([Bank of America Newsroom](https://newsroom.bankofamerica.com/content/newsroom/company-overview/bank-of-america-fast-facts.html)) | [Index 97.3 (#1); 18 use cases, 16 in production](https://www.bankingnewsai.com/banks/bank-of-america) | Treasury, FinCEN and OCC impose $1.21 billion in AML and sanctions penalties (Oct 13, 2026) ([U.S. Department of the Treasury](https://home.treasury.gov/news/press-releases/sb0657), [Office of the Comptroller of the Currency](https://www.occ.gov/news-issuances/news-releases/2026/nr-occ-2026-89.html), [Banking Dive](https://bankingdive.com/news/bofa-fined-1-21-billion-over-aml-bsa-occ-treasury/832915)) |
| [Chime](https://www.bankingnewsai.com/fintech/chime) | Jade, an in-app AI financial partner available to some members ([Chime](https://help.chime.com/manage-money-56350c4d/jade-financial-partner-09a6e8e3/what-is-jade-financial-partner-d9c77341)) | [8 use cases, 6 in production](https://www.bankingnewsai.com/fintech/chime) | Agreement to acquire Stride Bank (Sep 8, 2026) ([Chime](https://investors.chime.com/news-releases/news-release-details/chime-announces-agreement-acquire-stride-bank)) |
| [Cash App (Block)](https://www.bankingnewsai.com/fintech/block) | Moneybot consumer agent: over 1 million weekly engaged accounts (June 30, 2026) ([Block, Inc. via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1512673/000119312526335117/d91486dex991.htm)) | [7 use cases, 6 in production](https://www.bankingnewsai.com/fintech/block) | Q2 2026: Moneybot passes 1 million weekly engaged accounts (Aug 5, 2026) ([Block, Inc. via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1512673/000119312526335117/d91486dex991.htm)) |
| [Square (Block)](https://www.bankingnewsai.com/fintech/block) | Managerbot, an AI business agent for Square sellers ([Square](https://squareup.com/us/en/press/managerbot-open-beta)) | [7 use cases, 6 in production](https://www.bankingnewsai.com/fintech/block) | Q2 2026: Moneybot passes 1 million weekly engaged accounts (Aug 5, 2026) ([Block, Inc. via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1512673/000119312526335117/d91486dex991.htm)) |
| [National Bank Holdings (2UniFi)](https://www.bankingnewsai.com/banks/national-bank-holdings) | Not disclosed | [Index 2 (#115); 8 use cases, 6 in production](https://www.bankingnewsai.com/banks/national-bank-holdings) | 8-K: $4.0 million impairment on a FinTech partnership investment (Oct 1, 2026) ([National Bank Holdings Corporation (SEC filing)](https://www.sec.gov/Archives/edgar/data/1475841/000110465926112856/nbhc-20260928x8k.htm)) |

## Who should look beyond First Interstate, and where?

| If you are | Look at | Why |
| --- | --- | --- |
| Customers who want an AI virtual assistant in the banking app | [Bank of America (Erica) or Wells Fargo (Fargo)](https://www.bankingnewsai.com/banks/bank-of-america) | First Interstate has disclosed no customer-facing AI assistant; its 2026 roadmap covers interface, payments and account opening. Erica helps more than 24.6 million clients, and Fargo passed 1 billion interactions in March 2026. ([First Interstate BancSystem (SEC filings)](https://www.sec.gov/Archives/edgar/data/860413/000086041326000023/fibk_2025xars.pdf), [Bank of America Newsroom](https://newsroom.bankofamerica.com/content/newsroom/company-overview/bank-of-america-fast-facts.html), [Wells Fargo (Business Wire)](https://www.businesswire.com/news/home/20260326542274/en/Wells-Fargo-Reaches-Major-Digital-Milestones)) |
| People in Arizona, Kansas or Nebraska who used First Interstate's branches | [Zions, UMB or a national bank](https://www.bankingnewsai.com/banks/zions) | First Interstate exited Arizona and Kansas and sold its rural Nebraska branches, cutting its footprint from 14 states to 10. Zions holds $6.8 billion of Arizona deposits, and UMB runs branches across 13 states after Heartland. ([MarketBeat (Yahoo Finance)](https://finance.yahoo.com/news/first-interstate-bancsystem-q4-earnings-171201548.html), [MarketBeat (Yahoo Finance)](https://finance.yahoo.com/markets/stocks/articles/first-interstate-bancsystem-q1-earnings-182457679.html), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22AZ%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [American Banker](https://www.americanbanker.com/news/2025-the-most-powerful-women-to-watch-no-15-uma-wilson-umb-bank)) |
| Customers who want a branchless, app-only checking account | [Chime](https://www.bankingnewsai.com/fintech/chime) | First Interstate is a branch-based bank. Chime's model avoids branches and ATMs, it had 10.4 million active members at June 30, 2026, and some members can use Jade, its AI financial partner. ([First Interstate BancSystem (SEC filings)](https://www.sec.gov/Archives/edgar/data/860413/000086041326000011/fibk-20251231.htm), [Chime via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1795586/000179558626000013/chym-20251231.htm), [Chime](https://investors.chime.com/news-releases/news-release-details/chime-reports-second-quarter-2026-financial-results), [Chime](https://help.chime.com/manage-money-56350c4d/jade-financial-partner-09a6e8e3/what-is-jade-financial-partner-d9c77341)) |
| Colorado businesses that want a bank with a large local deposit base | [PNC (FirstBank), Wells Fargo or JPMorgan Chase](https://www.bankingnewsai.com/banks/pnc) | First Interstate ranks 26th in Colorado by deposits, with $0.8 billion in 19 offices (June 30, 2025). Wells Fargo holds $32.7 billion, FirstBank, now PNC, $22.2 billion and Chase $22.1 billion. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22CO%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [PNC via FT Markets](https://markets.ft.com/data/announce/detail?dockey=600-202606220745PR_NEWS_USPRX____NE88394-1)) |
| Consumers who want a bank-issued credit card from their bank | [A national card issuer](https://www.bankingnewsai.com/banks/ai-index) | Banking Dive reported in September 2025 that First Interstate had partnered out consumer credit cards and exited indirect auto lending under Reuter, to focus on relationship banking. ([Banking Dive](https://bankingdive.com/news/first-interstate-ceo-colorado-pnc-firstbank-bank-deal/760648), [American Banker](https://americanbanker.com/news/how-first-interstate-is-responding-to-activist-pressure)) |

## Where does First Interstate rank by deposits in its main states, and who is bigger?

FDIC Summary of Deposits data as of June 30, 2025: deposits booked in each bank's offices in the state, summed by institution, national banks included. Figures are rounded.

| State | First Interstate deposits (offices) | Rank | Larger banks in the state |
| --- | --- | --- | --- |
| Montana | $6.2 billion (43) | 2nd of 49 | Glacier $8.0 billion ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22MT%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json)) |
| Wyoming | $2.8 billion (15) | 1st of 46 | None. Next: Wells Fargo $2.3 billion, Glacier $1.4 billion, NBH Bank $1.3 billion ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22WY%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json)) |
| South Dakota | $3.4 billion (46) | 5th of 81 | Citibank $522.3 billion (2 offices), Wells Fargo $347.4 billion (30 offices), The Bancorp $7.8 billion (1 office), Pathward $6.0 billion (1 office) ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22SD%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json)) |
| Oregon | $2.5 billion (33) | 9th of 37 | U.S. Bank $21.8 billion, Umpqua $16.8 billion, Bank of America $14.5 billion, Wells Fargo $12.5 billion and others, including Banner $3.0 billion ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22OR%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json)) |
| Iowa | $2.1 billion (45) | 11th of 266 | Principal Bank $8.4 billion, U.S. Bank $8.0 billion, Wells Fargo $7.7 billion and others ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22IA%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json)) |
| Idaho | $1.6 billion (20) | 9th of 31 | U.S. Bank $6.7 billion, Wells Fargo $6.5 billion, Glacier $3.2 billion, D. L. Evans $2.8 billion, Zions $2.6 billion and others ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22ID%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json)) |
| Colorado | $0.8 billion (19) | 26th of 123 | Wells Fargo $32.7 billion, FirstBank $22.2 billion, JPMorgan Chase $22.1 billion, U.S. Bank $18.0 billion and others ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22CO%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json)) |

## How has First Interstate's footprint changed, and what does it mean for its rivals?

Under CEO Jim Reuter, who arrived in November 2024 from FirstBank in Colorado, First Interstate has been shrinking to grow. It exited Arizona and Kansas, sold 11 rural Nebraska branches with about $244 million of deposits in April 2026, closed single branches in North Dakota and Minnesota, and went from 14 states to 10. It also exited indirect auto lending and partnered out consumer credit cards. Total assets fell to $25.9 billion at June 30, 2026. ([First Interstate BancSystem (SEC filings)](https://www.sec.gov/Archives/edgar/data/860413/000086041324000125/fibk-20241009.htm), [MarketBeat (Yahoo Finance)](https://finance.yahoo.com/news/first-interstate-bancsystem-q4-earnings-171201548.html), [MarketBeat (Yahoo Finance)](https://finance.yahoo.com/markets/stocks/articles/first-interstate-bancsystem-q1-earnings-182457679.html), [Banking Dive](https://bankingdive.com/news/first-interstate-ceo-colorado-pnc-firstbank-bank-deal/760648), [First Interstate BancSystem (SEC filings)](https://www.sec.gov/Archives/edgar/data/860413/000086041326000081/fibk-20260630x8kpr.htm))

The effect is to concentrate on markets where it ranks high, Montana, Wyoming and South Dakota, and to compete in growth markets such as Colorado against much larger banks. Reuter told Banking Dive he found 'a bank that was maybe a mile wide and an inch deep'. Its 2025 shareholder letter lists 'a competitive technology offering' among its strengths. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22MT%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22WY%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22SD%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [Banking Dive](https://bankingdive.com/news/first-interstate-ceo-colorado-pnc-firstbank-bank-deal/760648), [First Interstate BancSystem (SEC filings)](https://www.sec.gov/Archives/edgar/data/860413/000086041326000023/fibk_2025xars.pdf))

## Common questions

### Who are First Interstate's biggest competitors?

In Montana, Glacier holds more deposits, with Stockman Bank, Wells Fargo and U.S. Bank behind First Interstate; in Wyoming it leads Wells Fargo, Glacier and NBH Bank (FDIC, June 30, 2025). In Oregon and Idaho, U.S. Bank, Wells Fargo, Umpqua, Zions and Banner are larger. Its 10-K adds credit unions, fintechs, internet banks and major retailers. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22MT%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22WY%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22OR%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22ID%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [First Interstate BancSystem (SEC filings)](https://www.sec.gov/Archives/edgar/data/860413/000086041326000011/fibk-20251231.htm))

### Is Glacier Bancorp a competitor of First Interstate?

Yes, the most direct one. Glacier was first in Montana by deposits at June 30, 2025, with $8.0 billion against First Interstate's $6.2 billion, and third in Wyoming, where First Interstate leads. On AI disclosure First Interstate scores 51.3 and Glacier 2; Glacier invested in the Cari tokenized-deposit network in September 2026. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22MT%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22WY%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [Cari via Business Wire (Morningstar)](https://morningstar.com/news/business-wire/20260902910423/cari-raises-over-30-million-in-first-tranche-of-initial-funding-round-backed-entirely-by-banks))

### Is Chime a competitor of First Interstate?

In deposits, yes by category: First Interstate's 10-K lists financial technology companies and internet banks among its competitors, and Chime's 10-K says its digital-first model gives it a cost advantage over traditional banks. Chime had 10.4 million active members at June 30, 2026. Neither company names the other. ([First Interstate BancSystem (SEC filings)](https://www.sec.gov/Archives/edgar/data/860413/000086041326000011/fibk-20251231.htm), [Chime via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1795586/000179558626000013/chym-20251231.htm), [Chime](https://investors.chime.com/news-releases/news-release-details/chime-reports-second-quarter-2026-financial-results))

### Who competes with First Interstate in Colorado?

Wells Fargo ($32.7 billion of Colorado deposits), FirstBank ($22.2 billion, converted to PNC in June 2026), JPMorgan Chase ($22.1 billion) and U.S. Bank ($18.0 billion) lead the state; First Interstate ranks 26th with $0.8 billion (FDIC, June 30, 2025). Its CEO has said Colorado became a better opportunity after PNC's purchase of FirstBank. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22CO%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [PNC via FT Markets](https://markets.ft.com/data/announce/detail?dockey=600-202606220745PR_NEWS_USPRX____NE88394-1), [Banking Dive](https://bankingdive.com/news/first-interstate-ceo-colorado-pnc-firstbank-bank-deal/760648))

### What are alternatives to First Interstate for small business banking?

Bank of America calls itself the number one US small business lender, citing FDIC data, and Square sells payments, point-of-sale software and banking to sellers. National Bank Holdings' 2UniFi platform targets small businesses and drew over 1,300 applications by April 2026. First Interstate automated treasury-management onboarding with Prolific Banking in May 2026. ([Bank of America Newsroom](https://newsroom.bankofamerica.com/content/newsroom/company-overview/bank-of-america-fast-facts.html), [Block, Inc. via SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1512673/000162828026012254/xyz-20251231.htm), [Investing.com](https://investing.com/news/transcripts/earnings-call-transcript-national-bank-holdings-beats-q1-2026-eps-forecasts-93CH-4630113), [Prolific Banking (Business Wire)](https://www.businesswire.com/news/home/20260519411891/en/First-Interstate-Bank-Moved-Prolific-Banking-Inc.-On-Ramp-Commercial-Enrollment-Solution-into-Production))

### Does First Interstate still operate in Arizona, Kansas and Nebraska?

No longer in Arizona or Kansas, which it exited, and it sold 11 rural Nebraska branches with about $244 million of deposits in April 2026. On its January 2026 call the bank said these moves take it from 14 states to 10 contiguous states. ([MarketBeat (Yahoo Finance)](https://finance.yahoo.com/news/first-interstate-bancsystem-q4-earnings-171201548.html), [MarketBeat (Yahoo Finance)](https://finance.yahoo.com/markets/stocks/articles/first-interstate-bancsystem-q1-earnings-182457679.html))

### First Interstate vs Wells Fargo: how do they compare in the Mountain West?

First Interstate leads Wells Fargo in Wyoming ($2.8 billion against $2.3 billion of deposits) and in Montana ($6.2 billion against $3.3 billion), per FDIC data for June 30, 2025. Wells Fargo is larger in Idaho and Colorado and offers Fargo, a virtual assistant that passed 1 billion interactions in March 2026; First Interstate discloses no customer assistant. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22WY%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22MT%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22ID%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22CO%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [Wells Fargo (Business Wire)](https://www.businesswire.com/news/home/20260326542274/en/Wells-Fargo-Reaches-Major-Digital-Milestones))

### Is National Bank Holdings a competitor of First Interstate?

In Wyoming and in small-business banking, yes. NBH Bank was fourth in Wyoming by deposits at June 30, 2025, with $1.3 billion, where First Interstate leads with $2.8 billion. NBH's 2UniFi platform for small businesses drew over 1,300 applications by April 2026; NBH guided about $22 million of 2UniFi expense for 2026. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22WY%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [Investing.com](https://investing.com/news/transcripts/earnings-call-transcript-national-bank-holdings-beats-q1-2026-eps-forecasts-93CH-4630113))

### Who competes with First Interstate in Oregon and Idaho?

In Oregon, U.S. Bank ($21.8 billion of deposits), Umpqua ($16.8 billion), Bank of America, Wells Fargo, JPMorgan Chase, KeyBank, Banner and WaFd are larger; First Interstate is ninth with $2.5 billion. In Idaho, U.S. Bank, Wells Fargo, Glacier, D. L. Evans and Zions lead, and First Interstate is ninth with $1.6 billion (FDIC, June 30, 2025). ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22OR%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22ID%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json))

### What does First Interstate's 10-K say about competing on technology?

It says many competitors have 'substantially greater resources to invest in technological improvements', that the bank may not implement new technology-facilitated products effectively, and that making the necessary AI investments may take significant financial and human resources. It counters with an omni-channel push across website, social media, email and branches. ([First Interstate BancSystem (SEC filings)](https://www.sec.gov/Archives/edgar/data/860413/000086041326000011/fibk-20251231.htm))

### Is U.S. Bank a competitor of First Interstate?

Yes, across most of its states. U.S. Bank was first in Oregon ($21.8 billion) and Idaho ($6.7 billion), second in Iowa ($8.0 billion), fourth in Colorado ($18.0 billion) and fifth in Montana ($3.0 billion) by deposits at June 30, 2025. First Interstate's 10-K says some competitors have greater resources and higher lending limits. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22OR%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22ID%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22IA%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22CO%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22MT%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json), [First Interstate BancSystem (SEC filings)](https://www.sec.gov/Archives/edgar/data/860413/000086041326000011/fibk-20251231.htm))

### Is Stockman Bank a competitor of First Interstate?

Yes, in Montana. Stockman Bank of Montana was third in the state by deposits at June 30, 2025, with $5.6 billion in 45 offices, close behind First Interstate's $6.2 billion in 43. Glacier was first with $8.0 billion. ([FDIC](https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22MT%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json))

## Peers on this site

- [Glacier Bancorp AI strategy](https://www.bankingnewsai.com/banks/glacier) · [vs peers](https://www.bankingnewsai.com/banks/glacier/vs-peers)
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- [Banner Corporation AI strategy](https://www.bankingnewsai.com/banks/banner) · [vs peers](https://www.bankingnewsai.com/banks/banner/vs-peers)
- [Columbia Banking System AI strategy](https://www.bankingnewsai.com/banks/columbia) · [vs peers](https://www.bankingnewsai.com/banks/columbia/vs-peers)
- [UMB Financial AI strategy](https://www.bankingnewsai.com/banks/umb) · [vs peers](https://www.bankingnewsai.com/banks/umb/vs-peers)
- [National Bank Holdings Corporation AI strategy](https://www.bankingnewsai.com/banks/national-bank-holdings) · [vs peers](https://www.bankingnewsai.com/banks/national-bank-holdings/vs-peers)
- [Associated Banc-Corp AI strategy](https://www.bankingnewsai.com/banks/associated) · [vs peers](https://www.bankingnewsai.com/banks/associated/vs-peers)

## Sources

1. First Interstate BancSystem, Inc. Annual Report on Form 10-K for the fiscal year ended December 31, 2025 — First Interstate BancSystem (SEC filings), Feb 26, 2026. https://www.sec.gov/Archives/edgar/data/860413/000086041326000011/fibk-20251231.htm
2. First Interstate BancSystem Q4 Earnings Call Highlights — MarketBeat (Yahoo Finance), Jan 29, 2026. https://finance.yahoo.com/news/first-interstate-bancsystem-q4-earnings-171201548.html
3. FDIC Summary of Deposits, Montana branches, deposits aggregated by institution (June 30, 2025) — FDIC, Jun 30, 2025. https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22MT%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json
4. FDIC Summary of Deposits, Wyoming branches, deposits aggregated by institution (June 30, 2025) — FDIC, Jun 30, 2025. https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22WY%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json
5. FDIC Summary of Deposits, South Dakota branches, deposits aggregated by institution (June 30, 2025) — FDIC, Jun 30, 2025. https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22SD%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json
6. FDIC Summary of Deposits, Idaho branches, deposits aggregated by institution (June 30, 2025) — FDIC, Jun 30, 2025. https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22ID%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json
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8. FDIC Summary of Deposits, Colorado branches, deposits aggregated by institution (June 30, 2025) — FDIC, Jun 30, 2025. https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22CO%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json
9. First Interstate CEO: Colorado 'a better opportunity' after PNC move — Banking Dive, Sep 19, 2025. https://bankingdive.com/news/first-interstate-ceo-colorado-pnc-firstbank-bank-deal/760648
10. Chime Reports Second Quarter 2026 Financial Results — Chime, Aug 5, 2026. https://investors.chime.com/news-releases/news-release-details/chime-reports-second-quarter-2026-financial-results
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13. First Interstate BancSystem, Inc. 2026 Proxy Statement (DEF 14A) — First Interstate BancSystem (SEC filings), Apr 16, 2026. https://www.sec.gov/Archives/edgar/data/860413/000086041326000025/fibk-20260415.htm
14. Earnings call transcript: Banner misses Q2 2026 estimates as shares slip — Investing.com, Jul 23, 2026. https://investing.com/news/transcripts/earnings-call-transcript-banner-misses-q2-2026-estimates-as-shares-slip-93CH-4809573
15. PNC Completes FirstBank Customer Conversion — PNC via FT Markets, Jun 22, 2026. https://markets.ft.com/data/announce/detail?dockey=600-202606220745PR_NEWS_USPRX____NE88394-1
16. The Most Powerful Women to Watch, No. 15, Uma Wilson, UMB Bank — American Banker, Sep 24, 2025. https://www.americanbanker.com/news/2025-the-most-powerful-women-to-watch-no-15-uma-wilson-umb-bank
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19. First Interstate Bank Moved Prolific Banking, Inc. On-Ramp Commercial Enrollment Solution into Production — Prolific Banking (Business Wire), May 19, 2026. https://www.businesswire.com/news/home/20260519411891/en/First-Interstate-Bank-Moved-Prolific-Banking-Inc.-On-Ramp-Commercial-Enrollment-Solution-into-Production
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21. Fiserv has co-created AI agents with six banks and OpenAI — American Banker, May 14, 2026. https://americanbanker.com/news/fiserv-has-co-created-ai-agents-with-six-banks-and-openai
22. First Interstate BancSystem Q1 Earnings Call Highlights — MarketBeat (Yahoo Finance), Apr 30, 2026. https://finance.yahoo.com/markets/stocks/articles/first-interstate-bancsystem-q1-earnings-182457679.html
23. First Interstate BancSystem Form 8-K (Item 5.02: appointment of Chief Operations Officer) — First Interstate BancSystem (SEC filings), Aug 21, 2026. https://www.sec.gov/Archives/edgar/data/860413/000086041326000088/fibk-20260821.htm
24. First Interstate BancSystem Form 8-K (Item 5.02: Chief Operations Officer employment agreement) — First Interstate BancSystem (SEC filings), Sep 16, 2026. https://www.sec.gov/Archives/edgar/data/860413/000086041326000092/fibk-20260914.htm
25. Cari Raises Over $30 Million in First Tranche of Initial Funding Round, Backed Entirely by Banks — Cari via Business Wire (Morningstar), Sep 2, 2026. https://morningstar.com/news/business-wire/20260902910423/cari-raises-over-30-million-in-first-tranche-of-initial-funding-round-backed-entirely-by-banks
26. Wells Fargo Reaches Major Digital Milestones — Wells Fargo (Business Wire), Mar 26, 2026. https://www.businesswire.com/news/home/20260326542274/en/Wells-Fargo-Reaches-Major-Digital-Milestones
27. Wells Fargo Enhances Banking Capabilities Using AI and Digital Assets — PYMNTS, Oct 13, 2026. https://pymnts.com/earnings/2026/wells-fargo-enhances-banking-capabilities-using-ai-and-digital-assets
28. Wells Fargo Reports Third Quarter 2026 Net Income of $6.0 billion, or $1.87 per Diluted Share — Wells Fargo, Oct 13, 2026. https://www.wellsfargo.com/assets/pdf/about/investor-relations/earnings/third-quarter-2026-earnings.pdf
29. U.S. Bank launches Design Assistant, an AI solution to empower designers at scale — U.S. Bank, Mar 30, 2026. https://www.usbank.com/about-us-bank/news-and-stories/article-library/us-bank-launches-design-assistant-an-ai-solution-to-empower-designers-at-scale.html
30. U.S. Bank gives embedded banking clients a gen AI assistant — American Banker, Jan 15, 2026. https://www.americanbanker.com/news/u-s-bank-gives-embedded-banking-clients-a-gen-ai-assistant
31. AI-powered Statement Analyzer simplifies payment services for small businesses — U.S. Bank, May 26, 2026. https://www.usbank.com/about-us-bank/news-and-stories/article-library/ai-powered-statement-analyzer-simplifies-payment-services-for-small-businesses.html
32. U.S. Bank launches AI-driven cash forecasting tool — U.S. Bank, Nov 18, 2025. https://www.usbank.com/about-us-bank/news-and-stories/article-library/us-bank-launches-ai-driven-cash-forecasting-tool.html
33. How U.S. Bank Is Industrializing AI — Forbes (Yahoo Finance), Oct 7, 2026. https://finance.yahoo.com/news/u-bank-industrializing-ai-132012524.html
34. National Bank Holdings Corporation Form 8-K, Item 2.06 material impairments (September 28, 2026) — National Bank Holdings Corporation (SEC filing), Oct 1, 2026. https://www.sec.gov/Archives/edgar/data/1475841/000110465926112856/nbhc-20260928x8k.htm
35. Columbia Banking System at Barclays conference: discipline drives gains — Investing.com, Sep 15, 2026. https://www.investing.com/news/transcripts/columbia-banking-system-at-barclays-conference-discipline-drives-gains-93CH-4902099
36. Banner Virtual Assistant — Banner Bank, Sep 24, 2026. https://www.bannerbank.com/contact-us/banner-virtual-assistant
37. Banner Corporation Completes Acquisition of Pacific Financial Corporation (Form 8-K, Exhibit 99.1) — Banner Corporation (SEC filings), Sep 1, 2026. https://www.sec.gov/Archives/edgar/data/946673/000094667326000184/banrclosingpressrelease9-1.htm
38. The Most Powerful Women to Watch, No. 3, Jennifer Smith, Zions Bancorporation — American Banker, Sep 24, 2025. https://americanbanker.com/news/2025-the-most-powerful-women-to-watch-no-3-jennifer-smith-zions-bancorporation
39. Zions' revamped tech leadership team eyes AI, stablecoins — American Banker, Mar 10, 2026. https://americanbanker.com/news/zions-revamped-tech-leadership-team-eyes-ai-stablecoins
40. Zions Bancorporation, N.A. Quarterly Report on Form 10-Q for the quarter ended June 30, 2026 — Zions Bancorporation (SEC filings), Aug 6, 2026. https://www.sec.gov/Archives/edgar/data/109380/000010938026000111/zions-20260630.htm
41. Zions Bancorporation, N.A. Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 — Zions Bancorporation (SEC filings), May 7, 2026. https://www.sec.gov/Archives/edgar/data/109380/000010938026000083/zions-20260331.htm
42. Why PNC is building its own 'AI factory' — American Banker, Jun 11, 2026. https://www.americanbanker.com/news/why-pnc-is-building-its-own-ai-factory
43. PNC's solution to rising AI costs: build its own AI — American Banker, Jun 12, 2026. https://www.americanbanker.com/news/pncs-solution-to-rising-ai-costs-build-its-own-ai
44. PNC's New Mobile App Delivers an Intuitive, Personalized Experience to Help Clients Seamlessly Manage Their Day-to-Day Financial Lives — PNC via FT Markets, Jul 7, 2026. https://markets.ft.com/data/announce/detail?dockey=600-202607070807PR_NEWS_USPRX____NE98867-1
45. PNC at Barclays conference: growth, AI and branch push (transcript) — Investing.com, Sep 14, 2026. https://uk.investing.com/news/stock-market-news/pnc-at-barclays-conference-growth-ai-and-branch-push-93CH-4868299
46. Mark Williamson hired as Head of ATM Banking — Columbus Business First (bizjournals.com), Sep 25, 2026. https://www.bizjournals.com/columbus/potmsearch/detail/submission/6578669/Mark_Williamson
47. UMB Financial (UMBF) Q1 2026 Earnings Transcript — The Motley Fool (Yahoo Finance), Apr 29, 2026. https://finance.yahoo.com/markets/stocks/articles/umb-financial-umbf-q1-2026-160648739.html
48. This Kansas City regional bank is playing with the big boys. JPMorgan sees big gains ahead — CNBC, Aug 20, 2026. https://www.cnbc.com/2026/08/20/a-regional-bank-will-rally-by-playing-with-the-big-boys-jpmorgan-says.html
49. JPMorgan CEO Dimon warns customers of 'liability transfer' with AI — Banking Dive, Oct 13, 2026. https://www.bankingdive.com/news/jpmorgan-dimon-ai-agents-bank-customers-liability-transfer/832870
50. JPMorgan Chase blocks outside AI agents like Muse, Instinct from directly accessing accounts — CNBC, Oct 13, 2026. https://www.cnbc.com/2026/10/13/jpmorgan-ai-agents-account-access.html
51. JPMorgan warns of risks to consumers who rely on AI agents — American Banker, Oct 13, 2026. https://www.americanbanker.com/news/jpmorgan-warns-of-risks-to-consumers-who-rely-on-ai-agents
52. U.S. Treasury Announces Record Enforcement Actions Against Bank of America — U.S. Department of the Treasury, Oct 13, 2026. https://home.treasury.gov/news/press-releases/sb0657
53. OCC Imposes $750 Million Assessment Against Bank of America for Deficient BSA/AML Compliance — Office of the Comptroller of the Currency, Oct 13, 2026. https://www.occ.gov/news-issuances/news-releases/2026/nr-occ-2026-89.html
54. BofA fined $1.21 billion over AML — Banking Dive, Oct 13, 2026. https://bankingdive.com/news/bofa-fined-1-21-billion-over-aml-bsa-occ-treasury/832915
55. What is Jade Financial Partner? (help centre, retrieved 2026-09-23) — Chime, Sep 23, 2026. https://help.chime.com/manage-money-56350c4d/jade-financial-partner-09a6e8e3/what-is-jade-financial-partner-d9c77341
56. Chime Announces Agreement to Acquire Stride Bank — Chime, Sep 8, 2026. https://investors.chime.com/news-releases/news-release-details/chime-announces-agreement-acquire-stride-bank
57. Q2 2026 Shareholder Letter (Exhibit 99.1 to Form 8-K) — Block, Inc. via SEC EDGAR, Aug 5, 2026. https://www.sec.gov/Archives/edgar/data/1512673/000119312526335117/d91486dex991.htm
58. Square Brings Managerbot to More Sellers, Giving Main Street an Intelligent Business Agent — Square, Apr 28, 2026. https://squareup.com/us/en/press/managerbot-open-beta
59. First Interstate BancSystem 2025 Annual Report to Shareholders (ARS) — First Interstate BancSystem (SEC filings), Apr 16, 2026. https://www.sec.gov/Archives/edgar/data/860413/000086041326000023/fibk_2025xars.pdf
60. FDIC Summary of Deposits, Arizona branches, deposits aggregated by institution (June 30, 2025) — FDIC, Jun 30, 2025. https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22AZ%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json
61. How First Interstate is responding to activist pressure — American Banker, Oct 30, 2025. https://americanbanker.com/news/how-first-interstate-is-responding-to-activist-pressure
62. FDIC Summary of Deposits, Iowa branches, deposits aggregated by institution (June 30, 2025) — FDIC, Jun 30, 2025. https://api.fdic.gov/banks/sod?filters=STALPBR%3A%22IA%22%20AND%20YEAR%3A2025&agg_by=CERT&agg_sum_fields=DEPSUMBR&agg_term_fields=NAMEFULL&agg_limit=1000&format=json
63. First Interstate BancSystem Form 8-K (Item 5.02: appointment of James A. Reuter as President and CEO) — First Interstate BancSystem (SEC filings), Oct 9, 2024. https://www.sec.gov/Archives/edgar/data/860413/000086041324000125/fibk-20241009.htm
64. First Interstate BancSystem, Inc. Reports Second Quarter Earnings (Form 8-K, Exhibit 99.1) — First Interstate BancSystem (SEC filings), Jul 23, 2026. https://www.sec.gov/Archives/edgar/data/860413/000086041326000081/fibk-20260630x8kpr.htm

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