First International Bank & Trust Receives Top Honors at Banky™ Awards
Minneapolis, MN– First International Bank & Trust was just named among the top extraordinary banks in the United States by The Institute for Extraordinary Banking™ presented at the 2019 Extraordinary Banking™ Awards.
First International Bank & Trust was recognized with the Institute’s highest and most exclusive honor, being inducted into the Hall of Fame, for exemplary commitment to community banking.
In addition, the bank was recognized with the Institute’s Banky™ Award; recognition given to top community banks across the country to help people find the best banks in their communities. Awards for company culture, community giving, and extraordinary bank practices were also presented to First International Bank & Trust.
The Extraordinary Banking™ Awards recognize the best of what community banks offer to our cities, towns, and nation: a true commitment to the success of the small businesses and local community they serve.
“First International Bank & Trust started as a single branch in Arnegard, North Dakota, and over 109 years has evolved into a financial institution with 28 locations spanning three states. I’m proud to carry on a tradition of community-committed banking which started with my great-grandfather, and I’m excited for our continued evolution as the landscape of banking changes,” says Peter Stenehjem, First International Bank & Trust President.
Roxanne Emmerich, Chair and Founder of The Institute for Extraordinary Banking, proclaimed during the awards ceremony: “Community banks are the backbone of America: They are what keeps a community thriving. When a community bank leaves a community, small businesses often struggle to stay, and jobs leave. Every robust community has a strong community bank that understands how to help that community thrive and grow.”
First International Bank & Trust is owned by Watford City Bancshares, Inc., which is owned by the Stenehjem family. First International Bank & Trust is a full service, independent community bank, a member of FDIC and an equal housing lender. First International Bank & Trust has been in business since 1910 and today operates 28 branch locations in North Dakota, Minnesota and Arizona. More information about the company can be found at FIBT.com.