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In May 2015, the bank acquired Central Bancshares of Golden Valley, Minnesota for $134 million in cash and stock. [6] In 2017, the bank opened its first branch in Denver, Colorado. [7] In June 2018, Barry S. Ray was hired as the Chief Financial Officer. In November 2022, Charles N. Reeves was hired as the Chief Executive Officer.
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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Hills Bank could then better serve its customers in the Iowa City area. The first Iowa City office was completed in November 1982 on South Gilbert Street. The branch opened for business with 10 employees. At that time, the total assets of Hills Bank exceeded $100 million, making it the third largest bank in Iowa City. In 1984, Hills Bank ...
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