Community National Bank, along with QCR Holdings, is pleased to announce the promotion of a new President and CEO. Stacey J. Bentley has assumed the role of President and Chief Executive Officer of Community National Bank, taking over for former President and Chief Executive Officer, Josef Vich who founded Community National Bank in 1997. Mr. Vich will serve in the role of Vice Chairman.
“I am excited to hand leadership of CNB over to Stacey as planned,” stated Mr. Vich.
Coinciding with the promotion, Community National Bank announced the completion of its previously announced acquisition by QCR Holdings, Inc.
Stacey Bentley stated, “We are excited about our merger with QCR Holdings. This is a great opportunity to partner with another successful organization that has additional capabilities to support the growth of our franchise. Both banking institutions are well known for their excellent customer service, community advocacy, and talented, dedicated staff – our two franchises together will be a powerful combination.”
Ms. Bentley has been with Community National Bank since its beginning in 1997 and has over 30 years of banking experience. Most recently she served as Cedar Valley Market President. The bank celebrated the promotion with an open house on May 22 in Waterloo.
About QCR Holdings
QCR Holdings, Inc., headquartered in Moline, Illinois, is a relationship-driven, multi-bank holding company, which serves the Quad City, Cedar Rapids, Rockford, Waterloo, Cedar Falls and Mason City, IA and Austin, MN communities through its wholly owned subsidiary banks. Quad City Bank & Trust Company, which is based in Bettendorf, Iowa, and commenced operations in 1994, Cedar Rapids Bank & Trust Company, which is based in Cedar Rapids, Iowa, and commenced operations in 2001, Rockford Bank & Trust Company, which is based in Rockford, Illinois, and commenced operations in 2005 and Community National Bank, which is based in Waterloo, Iowa, and commenced operations in 1997, provide full-service commercial and consumer banking and trust and asset management services. Quad City Bank & Trust Company also engages in commercial leasing through its wholly owned subsidiary, m2 Lease Funds, LLC, based in Milwaukee, Wisconsin.