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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. [6] The sale closed on November 30, 2019 [7] and the bank's systems conversion occurred on February 7, 2020. [8] In 2022, QCR Holdings acquired Guaranty Federal ...
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Amos Catlin Spafford was born in Adams, New York, and came to Rockford, Illinois, with his two brothers in 1839. There, he worked as a farmer and sawyer before opening a shop. He participated in the California Gold Rush and lived in the state from 1850 to 1852. In 1854, he founded a bank with C. C. Briggs and David Penfield.
The three founding community banks were: The First National Bank of Neenah, founded in 1861; Kellogg Citizens National Bank, Green Bay, founded 1874; and Manitowoc Savings Bank, founded in 1884. 1989 – Acquired the Associated De Pere Bank of De Pere, Wisconsin; 1991 – Acquired Farmers State Bank of Pound, Wisconsin, and F&M Financial Services
The service was later funded in 2019 with the support of Governor J.B. Pritzker. In 2023, it was announced that Metra would provide service to Rockford as an extension of the Milwaukee District West Line, with twice-daily service in each direction beginning in 2027. [97] [98] [99] [100]
In 1969, the bank added drive-up service to their location at the corner of Cherry and Main. A decade later, in 1979, the Main Bank facility in downtown Galesburg was constructed. In 1989, the bank opened the community's first full-service, seven-day-a-week office in the Eagle Food Store on North Henderson Street.