Foster serving as board chairman at First Western Bank & Trust
First Western Bank & Trust announced that Brenda Foster has been appointed as the new Chairman of the Board effective Sept. 19. She succeeds Jack Hoeven, founder and long-time bank owner, who passed away in August. She will continue in her role as president and CEO.
Foster, who has worked at First Western Bank & Trust for more than 36 years, was named president and CEO in January 2016. She has served as president of the Independent Community Banks of North Dakota as well as a variety of state and local boards. She currently is serving on the Large Community Bank Council of the Independent Community Banks of America and The MSU Board of Regents as well as instructor for Junior Achievement. Foster is a graduate of Minot State University with a bachelor’s degree in accounting and a concentration in banking and finance.
Since stepping into the role of president and CEO, Foster has led the bank through a multitude of changes. First Western Bank & Trust broke ground in the spring of 2017 on its Bismarck bank, the bank has done an extensive upgrade to security and launched a new website. The bank has also attained assets of more than $1 billion. Foster stated, “We continue to work hard on always striving for a better experience for our customers and delivering the best products in the market of banking. I am honored that I am tasked, along with our team, on continuing our mission.”
First Western Bank & Trust has been a community bank since 1964. It operates as a full-service financial center, providing traditional banking products as well as trust services, all lines of insurance, leasing, and much more. It is Minot’s only locally-owned hometown bank, now serving Bismarck and Eden Prairie, Minn.