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CEO: Merger will boost First Interstate Bank’s small-business lending

After First Interstate Bank completes its acquisition of Cascade Bank, small businesses will have better access to government-backed loans, CEO Kevin Riley said Friday.

In an earnings call with analysts, Riley said that Bend, Ore.-based Cascade has a strong Small Business Administration lending program that will fold into Billings-based First Interstate’s operations.

By ERIK OLSON [email protected]

Full Story: http://billingsgazette.com/business/ceo-merger-will-boost-first-interstate-bank-s-small-business/article_d8614bae-67a0-5d63-be51-09ec1bde0e78.html

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