Glacier Bancorp closes acquisition of Community Financial Group (Wheatland Bank), effective Jan 31, 2024

GLACIER BANCORP, INC.

Acquisition of CFGW and its subsidiary Wheatland Bank completed; new division formed combining with North Cascades.
Wheatland had $763M assets, $491M loans, $609M deposits as of Sep 30, 2023; 23 branches in Central/Eastern WA.
Susan M. Horton, former Wheatland CEO for 20+ years, continues as President and CEO of the new division.
Combined division will be a Top 5 community bank by deposit market share in its region.

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