Qcr Holdings, Inc. Announces Completion Of Acquisition Of Guaranty Federal Bancshares, Inc.
Acquiring Company
QCR Holdings
Acquired Company
Guaranty Federal Bancshares
MolineOtherFinancial ServicesFinanceLendingBankingDescription
QCR Holdings, Inc. (NASDAQ: QCRH) (“QCR Holdings”) today announced the successful completion of the acquisition of Guaranty Federal Bancshares, Inc. (“Guaranty”). Guaranty’s banking subsidiary, Guaranty Bank, will be merged into QCR Holdings’ Springfield-based charter, Springfield First Community (SFC) Bank, with the bank merger to be effective April 2, 2022. The new combined bank will retain the Guaranty Bank name and operate under the leadership of CEO Monte McNew and President Shaun Burke.
Quick answer
QCR Holdings is acquiring Guaranty Federal Bancshares, announced April 1, 2022. QCR Holdings is based in Moline, Illinois, United States.
- How much did QCR Holdings pay for Guaranty Federal Bancshares?
- The deal value was not disclosed.
- What does QCR Holdings do?
- QCR Holdings, Inc., headquartered in Moline, Illinois, is a relationship-driven, multi-bank holding company, which serves the Quad Cities, Cedar Rapids, Waterloo/Cedar Valley, Des Moines/Ankeny, and Springfield, MO..
- Where are QCR Holdings and Guaranty Federal Bancshares based?
- QCR Holdings is based in Moline, Illinois, United States.
- Who are the decision-makers at QCR Holdings?
- Fundz holds 1 contact at QCR Holdings. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Guaranty Federal Bancshares?
Guaranty Federal Bancshares was acquired by QCR Holdings, based in Moline. The deal was reported on April 1, 2022. QCR Holdings is publicly traded (QCRH) and operates in Other.
When did QCR Holdings acquire Guaranty Federal Bancshares?
QCR Holdings's acquisition of Guaranty Federal Bancshares was reported on April 1, 2022. QCR Holdings, Inc. (NASDAQ: QCRH) (“QCR Holdings”) today announced the successful completion of the acquisition of Guaranty Federal Bancshares, Inc. (“Guaranty”). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Guaranty Federal Bancshares do?
Guaranty Bank is leading the way in community banking in Southwest Missouri. Open a new account in minutes online or visit any of our convenient locations in Springfield, Joplin, Nixa, Ozark, Carthage and Neosho. It's your life. It's your money. It is privately held.
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