SundayAugust 31, 2025

QCBT still banking on relationships, service today

By: Kenda Burrows|April 14, 2024
|10 min read
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    • Doug Hultquist and Mike Bauer, at right, work their shovels during the 1993 groundbreaking for Quad City Bank & Trust in Bettendorf. CREDIT QCBT

    When the Quad Cities experienced a series of bank acquisitions in the 1990s, local banker Mike Bauer and tax accountant Doug Hultquist seized the chance to fill that resulting hometown banking void. 

    More than 30 years ago, and despite warnings against doing so, they and other supporters set about raising the $4 million they needed to launch Quad City Bank & Trust in…

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