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QCR Holdings, Inc. to Purchase CSB

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Tuesday, May 24, 2016

QCR Holdings, Inc. announced Monday, May 23, it has proposed to buy Ankeny-based Community State Bank from Van Diest Investment Co.

The deal still requires regulatory approval but is expected to close in the fall.

Based in Moline, Ill., QCR holdings owns multiple banks, including Quad City Bank & Trust, Cedar Rapids Bank & Trust and Rockford Bank & Trust.

QCR CEO Douglas Hultquist said in a statement the holding company "plans to operate (Community State Bank) as a separate bank charter and maintain its local focus and decision-making."

CARD ACTIVATION/PIN SELECTION: (800) 992-3808 CUSTOMER CARE:  (515) 331-3100
LOST/STOLEN DEBIT CARDS:  (800) 472-3272 TOLL FREE:  (844) 218-3100
FRAUD ASSISTANCE:  (800) 262-2024 TELEBANK:  (515) 224-8181
FRAUD ASSISTANCE (OUTSIDE U.S.): (973) 682-2652 EMAIL US: Click here

(515) 331-3100
Toll free: (844) 218-3100
Email Us: Click Here
FAX: (515) 252-1105
URL: http://www.bankcsb.com

Community State Bank
P.O. Box 127
Ankeny, IA 50021

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