Glacier Bancorp Completes Acquisition of Community Financial Group, Inc. in Spokane, Washington
Acquiring Company
Glacier Bancorp
Acquired Company
Community Financial Group
KalispellSpokaneEnergySustainabilityFinancial ServicesConsumer GoodsLending And InvestmentsFinanceFintechLendingBankingBankingDescription
Glacier Bancorp, Inc. has completed the acquisition of Community Financial Group, Inc., the bank holding company for Wheatland Bank located in Spokane, Washington. A new division, “Wheatland Bank, a Division of Glacier Bank” has been formed, expanding Glacier Bancorp's presence in the Central and Eastern Washington market.
Quick answer
Glacier Bancorp is acquiring Community Financial Group, announced February 1, 2024. Glacier Bancorp is based in Kalispell, Montana, United States.
- How much did Glacier Bancorp pay for Community Financial Group?
- The deal value was not disclosed.
- What does Glacier Bancorp do?
- Glacier Bancorp, Inc. is the parent company for Glacier Bank and its bank Divisions.
- Where are Glacier Bancorp and Community Financial Group based?
- Glacier Bancorp is based in Kalispell, Montana, United States. Community Financial Group is based in Spokane, Washington, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired Community Financial Group?
Community Financial Group was acquired by Glacier Bancorp, based in Kalispell. The deal was reported on February 1, 2024. Glacier Bancorp, Inc. is the parent company for Glacier Bank and its bank Divisions. It operates various banks in different locations and provides a wide range of financial services to its customers. Glacier Bancorp is publicly traded (GBCI) and operates in Energy.
When did Glacier Bancorp acquire Community Financial Group?
Glacier Bancorp's acquisition of Community Financial Group was reported on February 1, 2024. Glacier Bancorp, Inc. has completed the acquisition of Community Financial Group, Inc., the bank holding company for Wheatland Bank located in Spokane, Washington. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Community Financial Group do?
Community Financial Group, Inc. is the bank holding company for Wheatland Bank headquartered in Spokane, Washington. Wheatland Bank operates through 23 branches in Central and Eastern Washington and is a Top 5 community bank by deposit market share. It is privately held, operating in Banking, and is based in Spokane.
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