Glacier Bancorp

Glacier Bancorp, Inc. is a regional multi-bank holding company headquartered in Kalispell, Montana.[2] It is a successor corporation to the Delaware corporation originally incorporated in 1990. The company provides commercial banking services from locations in Montana, Idaho, Utah, Washington, Wyoming, Colorado, and Arizona through its wholly owned bank subsidiary, Glacier Bank.

Glacier Bancorp, Inc.
TypePublic
Industry
Founded1990 (1955 as Kalispell Savings and Loan) (1990 (1955 as Kalispell Savings and Loan))
Headquarters
49 Commons Loop
Kalispell, Montana
,
U.S.
Area served
Arizona, Colorado, Idaho, Montana, Utah, Washington, and Wyoming
Key people
Dallas I. Herron
(Chairman)
Randall M. Chesler
(President & CEO)
ProductsRetail banking
Commercial banking
Investment banking
Mortgage loans
Revenue US$ 407.9 million (2018)
US$ 238.3 million (2018)
US$ 132.3 million (2018)
Total assets US$ 11.909 billion (2018)
Total equity US$ 1.493 billion (2018)
Number of employees
2,615 (2018)
DivisionsAltabank
Bank of the San Juans
Citizens Community Bank (ID)
Collegiate Peaks Bank (CO)
First Bank (WY)
First Bank of Montana
First Security Bank (Bozeman, MT)
First Security Bank of Missoula
First State Bank (WY)
Foothills Bank (AZ)
Glacier Bank
Mountain West Bank
North Cascades Bank (WA)
Valley Bank of Helena
Western Security Bank
Websiteglacierbancorp.com
Footnotes / references
[1]

The company offers a wide range of banking products and services, including: retail and banking; real estate; commercial, agriculture and consumer loans; and mortgage origination services.[3] Glacier Bancorp Inc. serves individuals, small to medium-sized businesses, community organizations and public entities.

History

Glacier Bancorp, Inc. was founded in 1955 in Kalispell, Montana.[3]

In 2013, Glacier Bancorp acquired Wyoming-based First State Bank.[2][4]

In 2015, the company acquired Ronan-based Community Bank.[5]

In 2017, Glacier Bancorp merged with First Security Bank.[6] The same year, the company was named the Montana Lending Institution of the Year by MoFi.[7]

In October 2021, Glacier Bancorp acquired American Fork, UT-based bank, Altabancorp ALTA for $933.5 million.[8][9]

References
  1. Divisions: "Glacier Bancorp Divisions".
  2. "Glacier Bancorp, Inc. Announces Acquisition of First State Bank in Wheatland, Wyoming". www.sec.gov. Retrieved 2021-10-29.
  3. Business Knowledge for IT in Global Retail Banking. 63 Apollo Building 1 Newton Place London: Essvale Corporation Limited. 2011. p. 41. ISBN 978-1906096137.{{cite book}}: CS1 maint: location (link)
  4. Gross, Charles (2013-02-25). "Glacier Bancorp Acquires First State Bank in Wheatland, WY". Benzinga. Retrieved 2021-10-29.
  5. vdevlin@missoulian.com, VINCE DEVLIN. "Ronan-based Community Bank acquired by Glacier Bancorp". missoulian.com. Retrieved 2021-10-29.
  6. Writer, By Freddy Monares Chronicle Staff. "First Security Bank, Glacier Bancorp announce merger". Bozeman Daily Chronicle. Retrieved 2021-10-06.
  7. "Glacier Bancorp, Inc, Receives Award". MoFi. Retrieved 2021-10-06.
  8. "Glacier Bancorp (GBCI) to Buy Altabancorp (ALTA) for $933.5M". Nasdaq. May 19, 2021.{{cite web}}: CS1 maint: url-status (link)
  9. "Glacier (GBCI) Concludes Altabancorp Buyout, Expands in Utah". Nasdaq. October 5, 2021.{{cite web}}: CS1 maint: url-status (link)
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