QCR Holdings, Inc. Appoints James M. Field, as a New Independent Director; Declares a Cash Dividend, Payable on October 2, 2019
August 23, 2019 at 01:00 pm
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QCR Holdings, Inc. announced the appointment of James M. Field, as a new independent director of the Company, effective August 22, 2019. Mr. Field is President, Worldwide Construction & Forestry and Power Systems, a division of John Deere. He joined Deere & Company in 1994 and has held a number of positions in accounting, treasury, and business development and planning. Before joining Deere, Mr. Field served in a number of assignments at Deloitte & Touche.
In other business, on August 22, the Company declared a cash dividend of $0.06 per share payable on October 2, 2019, to holders of common stock of the Company of record on September 20, 2019.
QCR Holdings, Inc. is a multi-bank holding company. The Company serves the Quad Cities, Cedar Rapids, Waterloo/Cedar Falls, Des Moines/Ankeny and Springfield communities, through four wholly owned banking subsidiaries (Banks), Quad City Bank & Trust (QCBT), Cedar Rapids Bank & Trust (CRBT), Community State Bank (CSB) and Guaranty Bank (GB), which provides full-service commercial and consumer banking and trust and asset management services. The Companyâs principal business consists of attracting deposits and investing those deposits in loans/leases and securities. The Company is also engaged in direct financing lease contracts and equipment financing agreements through m2, a wholly owned subsidiary of QCBT based in Waukesha, Wisconsin. It is also engaged in wealth management services through its banking subsidiaries. It also provides a range of commercial and retail lending/leasing and investment services to corporations, partnerships, individuals, and government agencies.
QCR HOLDINGS, INC. 
