First Interstate Bank President and CEO Kevin P. Riley Appointed to Federal Reserve System’s Federal Advisory Council

BILLINGS, Mont.–(BUSINESS WIRE)–First Interstate Bank President and CEO Kevin P. Riley has been
appointed to represent the Federal Reserve System’s 9th District on the
Federal Advisory Council. Appointed by the Federal Reserve Bank of
Minneapolis’ board of directors, Riley will act on behalf of an area
that encompasses Minnesota, Montana, North Dakota, South Dakota, 26
counties in northwestern Wisconsin, and the Upper Peninsula of Michigan.


Riley joins the Federal Advisory Council as one of its 12 members. The
Federal Advisory Council, a body created by the Federal Reserve Act,
consists of one member – generally from the commercial banking industry
– from each of the 12 Reserve Bank Districts. The council meets four
times a year with the board of governors in Washington, D.C. The council
and the Board of Governors discuss current financial and business
conditions and make recommendations for potential policy changes.
Members customarily serve three one-year terms.

“I am honored to serve as a member of the Federal Advisory Council,”
said Riley. “I believe in the Federal Reserve’s mission and the
important role it plays in helping to create strong, stable economic
conditions throughout the U.S. I look forward to partnering with fellow
members to make recommendations on potential policy changes that will
help businesses and individuals prosper.”

Riley has served as president and chief executive officer of First
Interstate Bank since September 2015. Prior, Riley was the Bank’s
executive vice president and chief financial officer. He has more than
30 years of experience in commercial banking, corporate finance and
retail banking. Before joining First Interstate Bank, he was executive
vice president and chief financial officer for Berkshire Hills Bancorp
and held various executive positions with KeyCorp. Riley holds a B.S. in
business administration from Northeastern University in Boston,
Massachusetts.

About First Interstate Bank

Headquartered in Billings, Montana, First Interstate Bank (NASDAQ:FIBK)
is a $14 billion community banking organization with more than 150
branches across Idaho, Montana, Oregon, South Dakota, Washington and
Wyoming. First Interstate is driven by strong values, with a focus on
supporting the communities it serves through the financial services it
provides as well as through volunteerism and philanthropy. As a
recognized leader in community banking services, First Interstate is
guided by strong values as well as a commitment to delivering long-term
organic growth by exceeding client expectations and supporting – with
leadership and resources – the communities it serves. Learn more at
firstinterstatebank.com.

Contacts

Brittany Cremer
Advertising/PR Manager
First Interstate Bank
406-255-5310
brittany.cremer@fib.com

First Interstate Bank President and CEO Kevin P. Riley Appointed to Federal Reserve System’s Federal Advisory Council

BILLINGS, Mont.–(BUSINESS WIRE)–First Interstate Bank President and CEO Kevin P. Riley has been
appointed to represent the Federal Reserve System’s 9th District on the
Federal Advisory Council. Appointed by the Federal Reserve Bank of
Minneapolis’ board of directors, Riley will act on behalf of an area
that encompasses Minnesota, Montana, North Dakota, South Dakota, 26
counties in northwestern Wisconsin, and the Upper Peninsula of Michigan.


Riley joins the Federal Advisory Council as one of its 12 members. The
Federal Advisory Council, a body created by the Federal Reserve Act,
consists of one member – generally from the commercial banking industry
– from each of the 12 Reserve Bank Districts. The council meets four
times a year with the board of governors in Washington, D.C. The council
and the Board of Governors discuss current financial and business
conditions and make recommendations for potential policy changes.
Members customarily serve three one-year terms.

“I am honored to serve as a member of the Federal Advisory Council,”
said Riley. “I believe in the Federal Reserve’s mission and the
important role it plays in helping to create strong, stable economic
conditions throughout the U.S. I look forward to partnering with fellow
members to make recommendations on potential policy changes that will
help businesses and individuals prosper.”

Riley has served as president and chief executive officer of First
Interstate Bank since September 2015. Prior, Riley was the Bank’s
executive vice president and chief financial officer. He has more than
30 years of experience in commercial banking, corporate finance and
retail banking. Before joining First Interstate Bank, he was executive
vice president and chief financial officer for Berkshire Hills Bancorp
and held various executive positions with KeyCorp. Riley holds a B.S. in
business administration from Northeastern University in Boston,
Massachusetts.

About First Interstate Bank

Headquartered in Billings, Montana, First Interstate Bank (NASDAQ:FIBK)
is a $14 billion community banking organization with more than 150
branches across Idaho, Montana, Oregon, South Dakota, Washington and
Wyoming. First Interstate is driven by strong values, with a focus on
supporting the communities it serves through the financial services it
provides as well as through volunteerism and philanthropy. As a
recognized leader in community banking services, First Interstate is
guided by strong values as well as a commitment to delivering long-term
organic growth by exceeding client expectations and supporting – with
leadership and resources – the communities it serves. Learn more at
firstinterstatebank.com.

Contacts

Brittany Cremer
Advertising/PR Manager
First Interstate Bank
406-255-5310
brittany.cremer@fib.com

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