First Interstate Bank announced it was raising the minimum hourly wage for all employees from $15 to $17 per hour, representing a wage increase for 64% of its workers, the Corridor Business Journal reported. The compensation changes will take effect on October 1. “I sincerely hope that these wage increases will not only provide financial relief, but reinforce how important our employees are to us,” said Kevin Riley, president and CEO of First Interstate Bank. Based in Billings, Montana, the bank also offers a Child Care Assistance Program, an Exercise Reimbursement Program, and an Employer-Based Student Debt Repayment Program. The former Great Western Bank merged with First Interstate Bank in February; all Great Western branches now operate as First Interstate Bank.