QCR Holdings, Inc., through its subsidiaries, provides
commercial
Commercial may refer to:
* a dose of advertising conveyed through media (such as - for example - radio or television)
** Radio advertisement
** Television advertisement
* (adjective for:) commerce, a system of voluntary exchange of products and s ...
and consumer
bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
Because ...
ing, and
trust
Trust often refers to:
* Trust (social science), confidence in or dependence on a person or quality
It may also refer to:
Business and law
* Trust law, a body of law under which one person holds property for the benefit of another
* Trust (bus ...
and
asset management
Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings ...
services for the
Quad City and
Cedar Rapids
Cedar Rapids () is the second-largest city in Iowa, United States and is the county seat of Linn County. The city lies on both banks of the Cedar River, north of Iowa City and northeast of Des Moines, the state's capital and largest city. ...
communities. QCR Holdings, Inc. was founded in 1993 and is headquartered in
Moline, Illinois
Moline ( ) is a city located in Rock Island County, Illinois, United States. With a population of 42,985 in 2020, it is the largest city in Rock Island County. Moline is one of the Quad Cities, along with neighboring East Moline, Illinois, East M ...
.
[Yahoo Finance Company Profile](_blank)
Accessed January 26, 2010
About
QCR Holdings, Inc. is a multi-bank
holding company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
headquartered in
Moline, Illinois
Moline ( ) is a city located in Rock Island County, Illinois, United States. With a population of 42,985 in 2020, it is the largest city in Rock Island County. Moline is one of the Quad Cities, along with neighboring East Moline, Illinois, East M ...
that serves the Quad Cities and Cedar Rapids communities through its wholly owned
subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a s ...
bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
Because ...
s. The company also engages in commercial leasing through a subsidiary company in
Milwaukee, Wisconsin
Milwaukee ( ), officially the City of Milwaukee, is both the most populous and most densely populated city in the U.S. state of Wisconsin and the county seat of Milwaukee County, Wisconsin, Milwaukee County. With a population of 577,222 at th ...
.:
[SNL Financial Corporate Profile](_blank)
Accessed January 26, 2010
Subsidiary Banks
The subsidiary banks of QCR Holdings include:
* Quad City Bank and Trust - Based in
Bettendorf, Iowa - Commenced operations in 1994
* Cedar Rapids Bank and Trust - Based in
Cedar Rapids, Iowa
Cedar Rapids () is the second-largest city in Iowa, United States and is the county seat of Linn County, Iowa, Linn County. The city lies on both banks of the Cedar River (Iowa River), Cedar River, north of Iowa City, Iowa, Iowa City and north ...
- Commenced operations in 2001
QCR Holdings signed an agreement to sell its Milwaukee subsidiary, First Wisconsin Bank & Trust, to National Bancshares, Inc. near the end of 2008. First Wisconsin commenced operations in 2006.
QCR Holdings announced an agreement to sell its Rockford subsidiary, Rockford Bank and Trust, to Heartland Financial USA, Inc. subsidiary Illinois Bank & Trust on August 13, 2019. The sale closed on November 30, 2019 and the bank's systems conversion occurred on February 7, 2020.
In 2022, QCR Holdings acquired
Guaranty Federal Bancshares.
References
External links
Quad City Bank and TrustCedar Rapids Bank and Trust
{{DEFAULTSORT:Qcr Holdings
Financial services companies of the United States
Companies based in the Quad Cities
Companies based in Rock Island County, Illinois
Companies listed on the Nasdaq
Moline, Illinois
Financial services companies established in 1993
1993 establishments in Illinois
1993 establishments in the United States
Companies established in 1993