First Interstate Bank, Montana, set to buy INB

Montana-based First Interstate Bank has entered a definitive agreement with Inland Northwest Bank which has branches in Colfax, Oakesdale and Rosalia.

“We try to make it as less disruptive as possible,” said Kevin Riley, First Interstate CEO.

The merger is expected to conclude by the end of the year. Riley noted the INB name would not change locally until late 2018 or early 2019.

No branch closures are planned at this time. As First Interstate is a larger company with more than 120 banking offices, there will be a larger offering of products, including credit card, mortgage, indirect lending,...