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More Than 110 Organizations Will Participate in the FedNow Pilot Program


More Than 110 Organizations Will Participate in the FedNow Pilot Program
The
US Federal Reserve has announced that more than 110 organizations will participate in the FedNow Pilot Program.
FedNow is a payments initiative to speed up payments and transfers. A consultation with a variety of stakeholders took place in 2018 with the concept of FedNow emerging as a new interbank real-time service seeking to support instant payments in the United States.
Esther George, President and CEO of the
Federal Reserve Bank of Kansas City and executive sponsor of the Federal Reserve’s payments improvement initiatives, stated:
“We’re gratified by the industry’s tremendous interest and willingness to devote time and energy to help us develop the FedNow Service. As a result, we’ve adjusted to accommodate more participants than we originally planned.” ....

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QCR Holdings, Inc. Names Monte McNew as SFC Bank CEO


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
QCR Holdings, Inc. Names Monte McNew as SFC Bank CEO
QCR Holdings, Inc.January 19, 2021 GMT
MOLINE, Ill., Jan. 19, 2021 (GLOBE NEWSWIRE) QCR Holdings, Inc. (NASDAQ: QCRH) announced today that longtime SFC Bank CEO Rob Fulp is retiring and that current SFC Bank President Monte McNew has also been named CEO. Fulp retires from SFC after nine years with the company.
“Rob has been a large part of SFC’s success over the years and we wish him the best in retirement,” said QCRH CEO Larry Helling. “Monte steps in as president and CEO at a time when the bank is performing very well and in a strong position for future growth in the area. Under his leadership, we know our clients will continue to experience the exceptional service they’ve come to expect at SFC.” ....

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QCR Holdings, Inc. to Report Fourth Quarter and Fiscal Year 2020 Financial Results


Provided by
GlobeNewswire
Jan 6, 2021 9:05 PM UTC
MOLINE, Ill., Jan. 06, 2021 (GLOBE NEWSWIRE) QCR Holdings, Inc. (NASDAQ: QCRH) announced today that its fourth quarter and fiscal year ended December 31, 2020 financial results will be released after the market closes on January 27, 2021. The Company will host a conference call and webcast the next day, January 28, 2021 at 10:00 a.m. Central Time to discuss the results. Shareholders, analysts and other interested parties are invited to join.
Teleconference: 
Dial-in information for the call is 888-346-9286 (international 412-317-5253). Participants should request to join the QCR Holdings, Inc. call. The event will be archived and available for replay through February 11, 2021. The replay access information is 877-344-7529 (international 412-317-0088); access code 10151041. ....

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Davenport's Trinity Episcopal Cathedral bishop's house becomes a music school


For more than 10 years, a 1930 former bishop s house on the property of Davenport s Trinity Episcopal Cathedral has stood vacant, not a practical home for today s clergy.
Now, though, this large, nearly 5,000-square-foot limestone building is springing to new life, becoming home to the Quad-City Music Academy, a nonprofit founded last year to give music lessons.
The academy is the brainchild of Hannah Holman, principal cellist for the Quad-City Symphony Orchestra, a cellist with the New York City Ballet Orchestra and resident of Iowa City, who for the past several years has dreamed of improving the quality of music instruction in the Quad-Cities and making it available to talented youth who might not otherwise be able to afford it. ....

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