First Interstate Bank

Montana
Banks

Risk Level:

Rating - Caution
Medium Risk

Summary:

First Interstate BancSystem, doing business as First Interstate Bank, has not canceled business relationships due to views or beliefs. First Interstate Bank does not provide specific protections against viewpoint discrimination, and the bank has integrated ESG into its business practices. First Interstate Bank does not discriminate against religious groups in its charitable giving. The bank has stated that more than half of its total corporate donations go to LGBTQ-related organizations, some of which advocate for abortion and gender medical procedures for youth. The company hosts unconscious bias trainings for all employees. For these reasons, First Interstate Bank receives a Medium Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

First Interstate Bank has not publicly terminated customers, suppliers, or vendors based on views or beliefs. First Interstate Bank integrates ESG into all of its business practices (1).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

First Interstate Bank does not discriminate against religious organizations in its charitable giving (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

First Interstate Bank does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

First Interstate Bank’s CEO Kevin P. Riley had signed the CEO Action for Diversity and Inclusion pledge (1). The bank has integrated ESG into all of its business practices, including unconscious bias trainings for its employees (2)(3).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

First Interstate Bank donates to the Black Hills Center for Equality, which advocates for pro-abortion legislation and gender-related operations and medical treatment for youth (1)(2). The bank has stated that 57% of its corporate donations go to LGBTQ-related organizations, including the Pride Foundation (3).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
N/A
Rationale

First Interstate Bank stopped operating a PAC in 2014 and does not publicly disclose its political contributions.

All links were last accessed and all information was updated on:
May 25, 2023

Company reports are intended for educational use only. Full Disclaimer

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