First Interstate Merger Completed

Tue., April 2, 1996

From Staff And Wire Reports

Eastern Washington customers of First Interstate Bank will see little immediate change in operations at the institution in the wake of its merger Monday with Wells Fargo Bank, Vice President Gary Garrett said.

New signs for the bank’s one Davenport and nine Spokane branches will not be in place for two months, he said, and customers will likely be using their old checks, automatic teller-machine cards and credit cards for the rest of this year.

“I don’t think we’re going to see too many changes here this year,” Garrett said.

He said there will be no branch closures in the area, and just two or three layoffs.

With its acquisition of First Interstate, Wells Fargo & Co. becomes the nation’s eighth largest bank, with assets of $116 billion. The bank will have branches in 13 states.

, DataTimes

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First Interstate Merger Completed

Jesse Tinsley

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