Glacier Bancorp Acquires Altabancorp (Altabank)
October 1, 2021
Glacier Bancorp, Inc. completed its acquisition of Altabancorp (Altabank), the largest community bank in Utah. Altabank will operate as "Altabank, Division of Glacier Bank," adding 25 branches and roughly $3.5 billion in assets and expanding Glacier's Western U.S. footprint.
- Buyers
- Glacier Bancorp, Inc.
- Targets
- Altabancorp
- Sellers
- Altabancorp shareholders
- Industry
- Financial Services
- Location
- Utah, United States
- Transaction Type
- Buyout
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