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Glacier Bancorp Completes Acquisition of Community Financial Group, Inc. in Spokane, Washington

PUBLIC · GBCIFeb 01, 2024

Acquiring Company

Glacier Bancorp

Acquired Company

Community Financial Group

KalispellSpokaneEnergySustainabilityFinancial ServicesConsumer GoodsLending And InvestmentsFinanceFintechLendingBankingBanking

Description

Glacier Bancorp, Inc. has completed the acquisition of Community Financial Group, Inc., the bank holding company for Wheatland Bank located in Spokane, Washington. A new division, “Wheatland Bank, a Division of Glacier Bank” has been formed, expanding Glacier Bancorp's presence in the Central and Eastern Washington market.

Company Information

Company

Glacier Bancorp

Location

Kalispell, Montana, United States

About

Glacier Bancorp, Inc. is the parent company for Glacier Bank and its bank Divisions. It operates various banks in different locations and provides a wide range of financial services to its customers.

Fundz sees it the moment Glacier Bancorp makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Community Financial Group?

Community Financial Group was acquired by Glacier Bancorp, based in Kalispell. The deal was reported on February 1, 2024. Glacier Bancorp, Inc. is the parent company for Glacier Bank and its bank Divisions. It operates various banks in different locations and provides a wide range of financial services to its customers. Glacier Bancorp is publicly traded (GBCI) and operates in Energy.

When did Glacier Bancorp acquire Community Financial Group?

Glacier Bancorp's acquisition of Community Financial Group was reported on February 1, 2024. Glacier Bancorp, Inc. has completed the acquisition of Community Financial Group, Inc., the bank holding company for Wheatland Bank located in Spokane, Washington. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Community Financial Group do?

Community Financial Group, Inc. is the bank holding company for Wheatland Bank headquartered in Spokane, Washington. Wheatland Bank operates through 23 branches in Central and Eastern Washington and is a Top 5 community bank by deposit market share. It is privately held, operating in Banking, and is based in Spokane.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.