Glacier Bancorp, Inc. buys North Cascades National Bank
Updated On: Jul 31 2013 06:51:14 PM MDT
Glacier Bancorp announced a buyout of a Washington state bank Wednesday.
The following is a news release:
"Glacier Bancorp, Inc. (Nasdaq:GBCI) today announced the completion of its acquisition of North Cascades Bancshares, Inc. and its subsidiary, North Cascades National Bank, a national banking association based in Chelan, Washington.
North Cascades National Bank ("NCNB") provides community banking services from offices in Brewster, Chelan, East Wenatchee, Grand Coulee, Okanogan, Omak, Twisp, Waterville, and Wenatchee, Washington and will continue to operate as a division of Glacier Bank under the name "North Cascades Bank, a division of Glacier Bank."
At June 30, 2013, NCNB had total assets of approximately $330 million."