AltabancorpTM Announces Acquisition by Glacier Bancorp, Inc.

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Go back to AltabancorpTM Announces Acquisition by Glacier Bancorp, Inc.

Glacier Bancorp (GBCI) Announces Acquisition of Altabancorp (ALTA) in American Fork, Utah

May 18, 2021 5:33 PM EDT

Glacier Bancorp, Inc. (Glacier or the Company) (NASDAQ: GBCI) today announced the signing of a definitive agreement to acquire Altabancorp (ALTA) (NASDAQ: ALTA), the bank holding company for Altabank, a community bank headquartered in American Fork, Utah. The acquisition marks Glaciers 24th announced acquisition since 2000 and its 7th announced transaction in the past five years. This also marks Glaciers second acquisition of a Utah-based bank in the last two years, completing the acquisition of First Community Bank based in Layton, Utah in 2019. Altabank provides banking services to individuals and businesses... More