Blogs

ROCKFORD, Ill. – Joined by members of the local banking industry, Mayor McNamara announced the creation of the COVID-19 Small Business Emergency Loan Fund. The loan fund, established by the Northern Illinois Community Development Corporation and managed by the Rockford Local Development Corporation, is funded by the City of Rockford, Winnebago County, Illinois Bank and Trust, Associated Bank, WinTrust, Midwest Community Bank, Blackhawk Bank, Northwest Bank, Stillman BancCorp and Sunil Puri. To date, $2 Million has been raised with other financial institutions committing to support the fund. to...

Illinois Bank & Trust, a division of HTLF Bank through its parent company, Heartland Financial USA, Inc. (NASDAQ: HTLF), has been named a “Forbes Best Bank 2020.” Phoenix, AZ, February 25, 2020 — Arizona Bank & Trust, through its parent company, Heartland Financial USA, Inc. (NASDAQ:HTLF), has been named a “Forbes Best Bank 2020.” In its annual review of the largest publicly traded banks and thrifts, Forbes ranked Heartland 40th among a nationwide group of 100 leading banking organizations with assets ranging from $9 billion to over $2 trillion. “We are proud to be named among the Best Banks in America for 2020,” said Bill...

Rockford, IL-based Illinois Bank & Trust (“IB&T”), a wholly-owned subsidiary of Heartland Financial USA, Inc. (“Heartland”) (NASDAQ: HTLF), and Rockford, IL-based Rockford Bank and Trust Company (“Rockford Bank & Trust” or “RB&T”), a wholly-owned subsidiary of QCR Holdings, Inc. (NASDAQ: QCRH), jointly announced today that on November 30, 2019, IB&T completed its acquisition of substantially all of the assets and assumption of substantially all of the deposits and certain other liabilities of RB&T. Rockford, IL, December 2, 2019 — In connection with the closing, RB&T’s operations were combined...

Galena, IL – September 16, 2019 – Illinois Bank & Trust long-time employee Michele Berning has taken on a new role as Senior Vice President, Commercial Banker. Berning previously served as Senior Vice President, Mortgage Sales Manager. In her new role, Berning will be doing Small Business lending, servicing current relationships and calling on businesses to secure new accounts in the Northwest Illinois region. Berning has been an employee of Illinois Bank & Trust, formerly Galena State Bank, for 36 years and has worked in mortgage, commercial and consumer loans, auditing, and compliance....

Rockford, IL-based Illinois Bank & Trust (“IBT”), a wholly-owned subsidiary of Heartland Financial USA, Inc. (“Heartland”) (NASDAQ: HTLF), and Rockford, IL-based Rockford Bank and Trust Company (“Rockford Bank & Trust” or “RB&T”), a wholly-owned subsidiary of QCR Holdings, Inc. (“QCRH”) (NASDAQ: QCRH), jointly announced today that they have entered into a purchase and assumption agreement, pursuant to which IBT will acquire substantially all of the assets and assume substantially all of the deposits and certain other liabilities of RB&T. Rockford, IL August 13, 2019 — In connection with the...