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QCR Holdings Inc Announces Plans To Acquire Community National Bancorporation And Community National Bank

Thursday, 14 Feb 2013 09:00am EST 

QCR Holdings Inc announced that the signing of a definitive agreement to acquire Community National Bancorporation (Community National) and Community National Bank (CNB). Established as a de novo bank in 1997, CNB is headquartered in Waterloo, Iowa.CNB has eight banking locations and approximately $290 million in assets and approximately $248 million in deposits as of December 31, 2012. The synergies between the CNB and QCR Holdings approach to customer and community service are key components in this strategic merger. 

Company Quote

-0.33 -1.81%
19 Dec 2014