Bank / Credit Union
Enterprise Bank & Trust acquires 12 branches from First Interstate Bank
October 23, 2025
Enterprise Bank & Trust has acquired 12 branches from First Interstate Bank, consisting of 10 branches in Arizona and two in Kansas. The bank will gain $300 million in loans and $645 million in deposits bringing its total assets to approximately $17 billion, according to a press release.
These branches have been converted into EB&T branches, offering customers the range of commercial and retail banking products from EB&T.
"We are pleased to announce the completion of the acquisition of twelve First Interstate Bank branches in Arizona and Kansas City. In addition to an enhanced funding profile, the addition of these branches allows us to expand our access to existing markets with attractive growth opportunities. We believe this transaction will help us meet the needs of our new and existing customers while delivering continued long-term value for our stockholders," James B. Lally, president and CEO, Enterprise, said in the release.
