Welcome to the 2024 Annual Report!
First International Bank & Trust is pleased to share this comprehensive look at 2024 – from the ways we innovated and improved our services to the ways we reinvested in the communities we love.
New in 2024, we’ve created a separate financial report document, Growth with Purpose. Click here to read it.
We invite you to dive into the Annual Report document above, or watch the video version below. The complete video Annual Report is also available on YouTube.
Thank you for making 2024 the most successful year in our bank’s 115-year history. In this introductory message, our Board Chairman discusses our success – then passes the torch to our newly-named CEO Peter Stenehjem.
with Chief Growth Officer Justin Walseth
Our purpose is clear: to empower our customers and communities by providing financial solutions that make a meaningful impact. Here’s a look at how each of our organization’s divisions served you in 2024.
with Chief Payments Officer Trent Sorbe
2024 was another record year for our payments division, Kotapay – and we made headlines in the fintech world by announcing our breakthrough new embedded banking platform, Kavinu.
with Chief Financial Officer Jason Johnson
Through purposeful efforts, we recorded our most successful year in our bank’s history in 2024, supported by a disciplined focus on deposit gathering – deepening our ability to serve our communities for years to come.
with Chief Experience Officer Wendy Wills
True success is measured not just in financial growth, but in the positive impact we create together. We’re proud of the ways we made a difference in the communities we call home in 2024.
with Chief Executive Officer Peter Stenehjem
Our organization and its employees received several significant honors in 2024 – and we celebrated a longtime team member with our organization’s highest internal honor, the Odin Award, named for our bank’s founder.
Click here for an archive of First International Bank & Trust’s Annual Reports from previous years.