A bank with deep roots in Powell is branching out — while putting down even deeper roots. First Bank of Wyoming is combining with 1st Bank, based in Evanston, to become a new entity known as First Bank. The result is that the renamed First Bank office in Powell will serve as the headquarters for 12 branches in western Wyoming and two in northern Utah. “It’s good for Powell,” said Ty Nelson, who will serve as the president of First Bank; he previously had been the president of First Bank of Wyoming. Nelson said the change has “created a lot of opportunity for staff in Powell and Cody to really advance without having to move out of the area,” while combining the 14 branches’ management should allow the bank to put more of a focus on serving...
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In combination, First Bank of Wyoming will be First Bank