Q-C bank sells credit-card portfolio


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Posted Online: Feb. 05, 2013, 5:48 pm
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Quad City Bank & Trust has sold its credit-card portfolio and servicing to Fifth Third Bank, which Quad City Bank & Trust president and CEO John Anderson said willallow the bank to enhance credit-card offerings to its clients.

"We believe we have found a partner in Fifth Third Bank thatunderstands and believes in the delivery of relationship banking thatis core to our Quad City Bank & Trust brand," Mr. Anderson said.

Fifth Third has participated in the agent bank credit-card issuerbusiness for many years and issues creditcards for more than 70 financial institutions across the country.




















 



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  Today is Friday, April 18, the 108th day of 2014. There are 257 days left in the year.
1864 -- 150 years ago: A new steamer, Keithsburg, now is at our levee taking on board the balance of her fixtures preparatory to assuming her position on the daily Rock Island and Keokuk line.
1889 -- 125 years ago: C.W. Hawes was appointed deputy county clerk by county clerk Donaldson.
1914 -- 100 years ago: Mrs. O.E. child, of Moline, was named president of the Women's Home Missionary Society of the Methodist Church Rock Island District of the Central Illinois conference.
1939 -- 75 years ago: Augustana College is making plans for a drive for funds to erect a field house and make football field improvements.
1964 -- 50 years ago: A expanded election coverage system featuring a 16-foot chalkboard showing up to the minute running totals, attracted a large and enthusiastic crowd to The Argus newsroom last night.
1989 -- 25 years ago: Balloons frame Rock Island attorney Stewart Winstein who was given a surprise party in the rotunda of the Rock Island County Courthouse on Thursday to honor his 50th year of practicing law.




(More History)