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Western Independent Bankers, a consortium of about 130 community banks in 13 western states, has entered into a deal to use the marketplace lender LendKey to underwrite and service auto loans.
May 5 -
Achieva Credit Union in Dunedin, Fla., has agreed to buy Calusa Bank in Punta Gorda, Fla.
May 6 -
The Chicago-area community bank, which started in the basement of a church as a savings and loan 117 years ago, has started a series of free webinars to give people guidance to free themselves from debt.
May 5
QCR Holdings in Moline, Ill., will sell 2.8 million shares in a public offering.
The $2.5 billion-asset company said in a press release that proceeds from the offering will be used to repay certain debt obligations, to support the restructure of certain long-term wholesale borrowings and structured repurchase transactions and for other corporate purposes. QCR did not list a price for the offering in its announcement Monday, though it could bring in more than $52 million based on the company's current stock price.
QCR will grant underwriters of the offering a 30-day option to buy 15% more of the shares sold in the transaction.
