New site of QCR Holdings, Inc. Corporate Headquarters
Moline, IL, February 28, 2024 – QCR Holdings, Inc. (QCRH) announces the purchase of land for a new corporate headquarters in Bettendorf, IA, at the southeast corner of the intersection of Forest Grove Dr. and Middle Rd. The location will also house a new consumer banking branch of Quad City Bank & Trust (QCBT). This will be the 6th branch for Quad City Bank & Trust, which has the largest deposit market share in the Quad Cities area. Construction is anticipated to begin in late 2024.
QCBT will continue to operate its current branch in Moline, IL. The Bank is committed to maintaining continued operations in the Illinois Quad Cities.
Quad City Bank & Trust is one of four wholly owned subsidiary banks within QCR Holdings, Inc. These banks provide full-service commercial and consumer banking, as well as trust and wealth management services. Employees within the holding company provide support services for all the banks, providing consistent, efficient, and shared solutions. In contrast, each bank manages products, clients, and community involvement at the local level. This unique business structure allows the Company to provide relationship-based community banking within the communities each bank serves.
About Us
QCR Holdings, Inc., is a relationship-driven, multi-bank holding company serving the Quad Cities, Cedar Rapids, Cedar Valley, and Des Moines/Ankeny, Iowa, and the Springfield and Joplin, Missouri communities through its wholly owned subsidiary banks. Our mission is to make financial dreams a reality, and our values of passion, achievement, accountability, collaboration, innovation, and inclusion drive every decision we make.
Quad City Bank & Trust Company, based in Bettendorf, Iowa, began operations in 1994; Cedar Rapids Bank & Trust Company, based in Cedar Rapids, Iowa, began operations in 2001; Community State Bank, based in Ankeny, Iowa, was acquired by the Company in 2016; Springfield First Community Bank, based in Springfield, Missouri, was acquired by the Company in 2018; and Guaranty Bank, also based in Springfield, Missouri, was acquired by the Company and merged with Springfield First Community Bank on April 1, 2022, with the combined entity operating under the Guaranty Bank name. Additionally, the Company serves the Waterloo/Cedar Falls, Iowa community through Community Bank & Trust, a division of Cedar Rapids Bank & Trust Company. Quad City Bank & Trust Company offers equipment loans and leases to businesses through its wholly owned subsidiary, m2 Equipment Finance, LLC, based in Milwaukee, Wisconsin, and provides correspondent banking services. The Company has 36 locations in Iowa, Missouri, Wisconsin, and Illinois. As of December 31, 2024, the Company had $8.5 billion in assets, $6.5 billion in loans, and $6.5 billion in deposits. For additional information, please visit the Company’s website at www.qcrh.com.
