title: First International Bank
text: First International Bank & Trust (FIBT) started in 1910 as Farmers State Bank in Arnegard, North Dakota. In 1934 the bank moved its headquarters to Watford City, North Dakota, 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, South Dakota, Minnesota, and Arizona.
  
  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, Minot, Harvey, 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 are acquired.
  2000: A merger combines the two offices in Arizona with those in North Dakota.
  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.
  2010: First International Bank & Trust celebrates 100 years of banking.
  2013: First International Bank & Trust expands with new locations in Minot and Williston, ND, Moorhead, MN, and Phoenix, AZ.
  2014: First International Bank & Trust broke ground for a third location in Minot, ND.
  
  Locations
  Arizona
  Chandler, AZ
  Gilbert, AZ
  Phoenix, AZ
  Scottsdale, AZ
  
  Minnesota
  Edina, MN
  Moorhead, MN
  Motley, MN
  Staples, MN
  
  North Dakota
  Alexander, ND
  Bismarck, ND
  Bowdon, ND
  Elgin, ND
  Fargo, ND
  Fessenden, ND
  Grand Forks, ND
  Harvey, ND
  Killdeer, ND
  Mandan, ND
  Minot, ND
  Rugby, ND
  Watford City, ND
  West Fargo, ND
  Williston, ND
  
  South Dakota
  Sioux Falls, SD
  
  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
   
  
  Banks based in North Dakota