What are the founding principles of the first bank of idaho?
The highly localized nature of ownership, management, employment and investment was intentional from the start. ————— History Senior Management Founding Principles The highly localized nature of ownership, management, employment and investment was intentional from the start. Over 75% of outstanding shares are still owned by local residents. All senior management live and work in their regional communities. Strong emphasis is placed on internal recognition and advancement of bank employees. “Day to day, First Bank draws upon a wealth of knowledge and leadership comfortable with the seasonal aspects of our economy,” says Bryan Furlong, Wood River Valley Regional Market President. “If a deal makes sense in the context of our economy and local environment, we figure out how to do it. We make the decisions here. In order to do that, we attract highly motivated, experienced people for our management team. At the same time, we push down authority, empowering employees to learn and t
Founding Principles The highly localized nature of ownership, management, employment and investment was intentional from the start. Over 75% of outstanding shares are still owned by local residents. All senior management live and work in their regional communities. Strong emphasis is placed on internal recognition and advancement of bank employees. “Day to day, First Bank draws upon a wealth of knowledge and leadership comfortable with the seasonal aspects of our economy,” says Bryan Furlong, Wood River Valley Regional Market President. “If a deal makes sense in the context of our economy and local environment, we figure out how to do it. We make the decisions here. In order to do that, we attract highly motivated, experienced people for our management team. At the same time, we push down authority, empowering employees to learn and take responsibility.” Sources: https://www.firstbanksolutions.com/history.
