QCR Holdings agrees to sell three Iowa branches to BankIowa

Bitget2026/11/02 14:25

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QCR Holdings' subsidiary Cedar Rapids Bank & Trust agreed to sell its three-branch Community Bank & Trust division to BankIowa.
The sale covers two branches in Waterloo, Iowa, and one in Cedar Falls.
Included deposits totaled approximately $140 million; loans were approximately $29 million as of September 30, 2026.
Related wealth management relationships representing approximately $153 million in assets under management on that date are also expected to transfer.
Closing is expected in the first quarter of 2027, with no material gain or loss expected for the seller.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. QCR Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611020925PRIMZONEFULLFEED9856701) on November 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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QCR Holdings agrees to sell three Iowa branches to BankIowa

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