Blogs

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...