Glacier Bancorp (GBCI) has released an update.
Glacier Bancorp’s Glacier Bank is set to expand its presence in Montana by acquiring six branches from Heartland Financial USA’s subsidiary, HTLF Bank. This deal includes not just the physical locations, but also the deposits, loans, and other assets linked to these branches. The successful completion of this acquisition, expected in the third quarter of 2024, hinges on regulatory approvals and standard closing conditions. Glacier Bank has engaged the expertise of D.A. Davidson & Co. for financial advice and Miller Nash LLP for legal counsel to facilitate this transaction.
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