Community First Insurance Becomes BW Insurance Agency Inc.

March 23, 2005

Bank of the West announced the debut of the new name of its insurance subsidiary, BW Insurance Agency Inc., which replaces the Community First Insurance name. Community First Insurance was part of the former Community First National Bank, which was merged into Bank of the West last year.

BW Insurance Agency, Inc., a wholly-owned subsidiary of Bank of the West offering both personal and commercial products, remains headquartered in Fargo, North Dakota with 59 locations in eight Midwestern and Rocky Mountain states: Colorado, the Dakotas, Iowa, Minnesota, Nebraska, Utah and Wyoming. BW Insurance Agency products range from automobile, homeowners and workers’ compensation, to life and general liability insurance offered through select Bank of the West branches.

Tom Anderson, president of BW Insurance Agency, says Bank of the West’s brand of personalized, high-touch banking is an ideal match. “Having BW Insurance agents at Bank of the West branches is a great opportunity to be a part of a widely recognized brand. And by rolling out BW Insurance Agency capability to additional states in the bank’s network, we hope to make it easier for more customers to access high quality insurance at competitive prices.”

To further strengthen the tie between the companies, BW Insurance Agency has incorporated Bank of the West’s distinctive bear symbol into its logo.

Founded in 1874 in San Jose, CA as Farmers National Gold Bank, $40 billion-asset Bank of the West is one of the four largest Western-based commercial banks in the U.S.

Bank of the West offers a full range of personal, business, international and trust services and currently operates 480 banking locations in 16 Western and Midwestern states.

BW Insurance Agency Inc. is a wholly-owned subsidiary of $40 billion-asset Bank of the West. Headquartered in Fargo, N.D., BW Insurance Agency currently operates 59 locations predominantly within Bank of the West branches in eight Western and Midwestern states providing property and casualty insurance to individuals and businesses.

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