Glacier Bancorp, Inc
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Glacier Bancorp, Inc. is a regional multi-bank holding company headquartered in
Kalispell, Montana Kalispell (, Montana Salish: Ql̓ispé, Kutenai language: kqayaqawakⱡuʔnam) is a city in, and the county seat of, Flathead County, Montana, United States. The 2020 census put Kalispell's population at 24,558. In Montana's northwest region, ...
, United States. It is a successor corporation to the
Delaware Delaware ( ) is a state in the Mid-Atlantic region of the United States, bordering Maryland to its south and west; Pennsylvania to its north; and New Jersey and the Atlantic Ocean to its east. The state takes its name from the adjacent Del ...
corporation originally incorporated in 1990. The company provides personal and commercial banking services from 221 locations in
Montana Montana () is a state in the Mountain West division of the Western United States. It is bordered by Idaho to the west, North Dakota and South Dakota to the east, Wyoming to the south, and the Canadian provinces of Alberta, British Columbi ...
,
Idaho Idaho ( ) is a state in the Pacific Northwest region of the Western United States. To the north, it shares a small portion of the Canada–United States border with the province of British Columbia. It borders the states of Montana and Wyom ...
,
Utah Utah ( , ) is a state in the Mountain West subregion of the Western United States. Utah is a landlocked U.S. state bordered to its east by Colorado, to its northeast by Wyoming, to its north by Idaho, to its south by Arizona, and to it ...
,
Washington Washington commonly refers to: * Washington (state), United States * Washington, D.C., the capital of the United States ** A metonym for the federal government of the United States ** Washington metropolitan area, the metropolitan area centered o ...
,
Wyoming Wyoming () is a U.S. state, state in the Mountain states, Mountain West subregion of the Western United States. It is bordered by Montana to the north and northwest, South Dakota and Nebraska to the east, Idaho to the west, Utah to the south ...
,
Colorado Colorado (, other variants) is a state in the Mountain West subregion of the Western United States. It encompasses most of the Southern Rocky Mountains, as well as the northeastern portion of the Colorado Plateau and the western edge of t ...
,
Arizona Arizona ( ; nv, Hoozdo Hahoodzo ; ood, Alĭ ṣonak ) is a state in the Southwestern United States. It is the 6th largest and the 14th most populous of the 50 states. Its capital and largest city is Phoenix. Arizona is part of the Fou ...
, and,
Nevada Nevada ( ; ) is a U.S. state, state in the Western United States, Western region of the United States. It is bordered by Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. N ...
. The company offers a wide range of banking products and services, including:
retail banking Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking servi ...
;
business banking A commercial bank is a financial institution which accepts deposit (finance), deposits from the public and gives loans for the purposes of consumption and investment to make profit (economics), profit. It can also refer to a bank, or a division ...
;
real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...
,
commercial Commercial may refer to: * a dose of advertising conveyed through media (such as - for example - radio or television) ** Radio advertisement ** Television advertisement * (adjective for:) commerce, a system of voluntary exchange of products and s ...
, agriculture, and consumer loans;
mortgage A mortgage loan or simply mortgage (), in civil law jurisdicions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any pu ...
origination and loan servicing. Glacier Bancorp Inc. serves individuals, small to medium-sized businesses, community organizations and public entities.


Divisions

Glacier Bancorp, Inc. is the parent company to seventeen independently-operated banks across the Mountain West. * Glacier Bank (Kalispell, Montana) * First Security Bank of Missoula (Missoula, Montana) * Valley Bank of Helena (Helena, Montana) * First Security Bank (Bozeman, Montana) * Western Security Bank (Billings, Montana) * First Bank of Montana (Lewistown, Montana) * Mountain West Bank (Coeur d’Alene, Idaho) * Citizens Community Bank (Pocatello, Idaho) * First Bank (Powell, Wyoming) * First State Bank (Wheatland, Wyoming) * North Cascades Bank (Chelan, Washington) * Bank of the San Juans (Durango, Colorado) * Collegiate Peaks Bank (Buena Vista, Colorado) * The Foothills Bank (Yuma, Arizona) * First Community Bank (Layton, Utah) * Heritage Bank of Nevada (Reno, NV) * Altabank (American Fork, UT)


History

First Federal Savings and Loan, now known as Glacier Bank (a subsidiary of Glacier Bancorp, Inc.) was founded in 1955 in Kalispell, Montana by a group of local businessmen. With a charter costing $150,000 in 1955, the founding directors raised $172,000 from 127 Flathead citizens to officially get the bank off the ground. In 1984, the bank went public as First Federal Savings Bank of Montana. Glacier Bancorp Inc. was established in 1990 as the parent company of First Federal. First Federal was then renamed to Glacier Bank in 1992. On February 25, 2013, Glacier Bancorp, Inc. acquired Wyoming-based First State Bank, which held $281 million in assets as of December 31st, 2012. On March 1, 2015, Glacier Bancorp, Inc. acquired Ronan-based Community Bank, which held $175 million in assets as of December 31st, 2014. In 2017, Glacier Bancorp merged with First Security Bank. On January 31, 2018, Glacier Bancorp acquired Columbine Capital Corp. and its subsidiary, Collegiate Peaks Bank. On March 1, 2018, Glacier Bancorp acquired Inter-Mountain Bancorp and its subsidiary, First Security Bank. On April 30, 2019, Glacier Bancorp, Inc. acquired FNB Bancorp and its wholly-owned subsidiary, The First National Bank of Layton, which held $326 million in assets as of September 30th, 2018. On July 31, 2019, Glacier Bancorp, Inc. acquired Heritage Bancorp and its wholly-owned subsidiary, Heritage Bank of Nevada, which held $842 million in assets as of June 30th, 2019. On February 29, 2021, Glacier Bancorp, Inc. acquired State Bank Corp. and its wholly-owned subsidiary, State Bank of Arizona, which held $677.6 million in assets as of December 31st, 2020. On October 1, 2021, Glacier Bancorp, Inc. acquired Utah-based Altabancorp and its wholly-owned subsidiary, Altabank, for $933.5 million.


Locations / Properties

Glacier Bancorp, Inc. has 221 locations, consisting of 187 branches and 34 loan or administration offices, within 8 states across the Mountain West.


Leadership


Board of Directors

* Craig A. Langel, Chairman * David C. Boyles, Director * Robert A. Cashell Jr., Director * Randall M. Chesler, Director * Sherry L. Cladouhos, Director * Jesus T. Espinoza, Director * Annie M. Goodwin, Director * Kristen L. Heck, Director * Michael B. Hormaechea, Director * Douglas J. McBride, Director


Senior Leadership

* Randall M. Chesler, President, CEO (Principal Executive Officer)


References


External links


Official Website
American companies established in 1990 Banks established in 1990 Companies listed on the Nasdaq Financial services companies established in 1990 Investment banks in the United States Banks based in Montana 1990 establishments in Montana {{Montana-stub