Glacier completed the acquisition of Altabancorp for $907m.

Glacier, a regional bank holding company providing commercial banking services, completed the acquisition of Altabancorp, a bank holding company, for $907m. “This is an exceptional opportunity to solidify Glacier’s presence in the booming Utah market by partnering with the largest community bank in the state. We have been keenly focused on building our presence in Utah and this opportunity checks all the boxes. This acquisition is consistent with our history of adding high quality community banks to our proven banking model. Altabank has been serving customers in Utah for over 100 years, and has developed a leading position and lasting legacy in the markets it serves," Randy Chesler, Glacier President and CEO.