First International Bank & Trust (FIBT) started in 1910 as Farmers State Bank in

Arnegard, North Dakota Arnegard is a city in McKenzie County, North Dakota, United States. The population was 282 at the 2020 census. Arnegard was founded in 1913. History Arnegard was founded in 1906 and is named for Evan Arnegard, the first homesteader in the are ...

. In 1934 the bank moved its headquarters to

Watford City, North Dakota Watford City (Hidatsa: abaʔaruʔush), founded in 1914, is a city in and the county seat of McKenzie County, North Dakota, United States. The population was 6,207 at the 2020 census, making it the thirteenth largest city in North Dakota. Becaus ...

, and changed the name to First International Bank. It is owned by Watford City Bancshares, Inc., which is owned by the Stenehjem family, and is a full service, independent community bank, a member of the FDIC, and an equal housing lender. First International Bank & Trust has 32 locations in

North Dakota North Dakota () is a U.S. state in the Upper Midwest, named after the indigenous Dakota Sioux. North Dakota is bordered by the Canadian provinces of Saskatchewan and Manitoba to the north and by the U.S. states of Minnesota to the east, So ...

South Dakota South Dakota (; Sioux: , ) is a U.S. state in the North Central region of the United States. It is also part of the Great Plains. South Dakota is named after the Lakota and Dakota Sioux Native American tribes, who comprise a large porti ...

Minnesota Minnesota () is a state in the upper midwestern region of the United States. It is the 12th largest U.S. state in area and the 22nd most populous, with over 5.75 million residents. Minnesota is home to western prairies, now given over to ...

, and

Arizona Arizona ( ; nv, Hoozdo Hahoodzo ; ood, Alĭ ṣonak ) is a state in the Southwestern United States. It is the 6th largest and the 14th most populous of the 50 states. Its capital and largest city is Phoenix. Arizona is part of the Fou ...

History

*1910: Farmers State Bank established in Arnegard, ND. *1911: Odin Stenehjem becomes the first Farmers State Bank cashier. *1917: Gerhard Stenehjem becomes the first President. *1934: After relocating to Watford City, ND, First International Bank is born. *1936: O. Vincent Stenehjem starts his 50-year career as Vice President and cashier. *1949: Odin Stenehjem begins as President. *1965: Odin Stenehjem's son, Leland, steps in as President. *1984: The Stenehjem family acquires First National Bank of Fessenden, ND. *1990: First International Bank acquires Midwest Federal Savings & Loan offices in Williston,

Killdeer The killdeer (''Charadrius vociferus'') is a large plover found in the Americas. It was described and given its current scientific name in 1758 by Carl Linnaeus in the 10th edition of his ''Systema Naturae''. Three subspecies are described. Th ...

Minot Minot ( ) is a city in and the county seat of Ward County, North Dakota, United States, in the state's north-central region. It is most widely known for the Air Force base approximately north of the city. With a population of 48,377 at the 20 ...

Harvey Harvey, Harveys or Harvey's may refer to: Arts, entertainment, and media * ''Harvey'' (play), a 1944 play by Mary Chase about a man befriended by an invisible anthropomorphic rabbit * Harvey Awards ("Harveys"), one of the most important awards ...

, and Fargo. *1992: Trust powers are added and the bank becomes First International Bank & Trust. Stephen Stenehjem, son of Leland, serves as President. *1993: First International Bank & Trust, NA, Fessenden merges with First International Bank & Trust. *1995: The Williston Economart office opens. Two offices in

Scottsdale, AZ , settlement_type = City , named_for = Winfield Scott , image_skyline = , image_seal = Seal of Scottsdale (Arizona).svg , image_blank_emblem = City of Scottsdale Script Logo.svg , nick ...

are acquired. *2000: A merger combines the two offices in

with those in

. *2006: Farmers State Bank in Elgin, ND is acquired. *2007: New offices are acquired/opened in Staples and Motley, MN. *2008: New office is acquired/opened in

Gilbert, AZ Gilbert is a town in Maricopa County, Arizona, United States, located southeast of Phoenix within the city's metropolitan area. Incorporated on July 6, 1920, Gilbert was once known as the "Hay Shipping Capital of the World". It is the fifth-lar ...

. *2010: First International Bank & Trust celebrates 100 years of banking. *2013: First International Bank & Trust expands with new locations in

and Williston, ND,

Moorhead, MN Moorhead () is a city in and county seat of Clay County, Minnesota, United States, on the banks of the Red River of the North. Located in the Red River Valley, an extremely fertile and active agricultural region, Moorhead is also home to several ...

, and

Phoenix, AZ Phoenix ( ; nv, Hoozdo; es, Fénix or , yuf-x-wal, Banyà:nyuwá) is the capital and most populous city of the U.S. state of Arizona Arizona ( ; nv, Hoozdo Hahoodzo ; ood, Alĭ ṣonak ) is a state in the Southwestern United Stat ...

. *2014: First International Bank & Trust broke ground for a third location in

Minot, ND Minot ( ) is a city in and the county seat of Ward County, North Dakota, Ward County, North Dakota, United States, in the state's north-central region. It is most widely known for the Minot Air Force Base, Air Force base approximately north of ...

Locations

Arizona * Chandler, AZ *

Minnesota *

Edina, MN Edina ( ) is a city in Hennepin County, Minnesota, United States and a first-ring suburb of Minneapolis. The population was 53,494 at the 2020 census, making it the 18th most populous city in Minnesota. Edina began as a small farming and mil ...

* Motley, MN * Staples, MN North Dakota * Alexander, ND * Bismarck, ND * Bowdon, ND * Elgin, ND *

Fargo, ND Fargo ( /ˈfɑɹɡoʊ/) is a city in and the county seat of Cass County, North Dakota, United States. According to the 2020 census, its population was 125,990, making it the most populous city in the state and the 219th-most populous city i ...

* Fessenden, ND * Grand Forks, ND * Harvey, ND * Killdeer, ND * Mandan, ND *

* Rugby, ND * Watford City, ND * West Fargo, ND * Williston, ND South Dakota *

Sioux Falls, SD Sioux Falls () is the most populous city in the U.S. state of South Dakota and the 130th-most populous city in the United States. It is the county seat of Minnehaha County and also extends into Lincoln County to the south, which continues up t ...

Products and services

Personal Banking *Checking *Savings *Loans *Mortgages *Credit Cards *Online Banking *Certificates of Deposit *IRAs Business Banking *Checking *Loans *Credit Cards *Merchant Services *IRAs *EFT Investment & Wealth Management *401(k) and Retirement Planning *Annuities *Mutual Funds *Stocks & Bonds *Estate Planning *College Funding *Personal Trust *Mineral & Land Services *Special Needs Trust Insurance *Personal *Commercial *Agribusiness *Life & Health

Former names

*Farmer's State Bank of Arnegard 1910–1933 *First International Bank 1934–1991 *First International Bank & Trust 1992–present

References

External links

* {{Portal, Banks Banks based in North Dakota