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

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.”McNew has served as president at SFC since 2014. In that time, he led significant growth in commercial and residential lending at the bank. In addition, he was responsible for managing the bank’s Credit Department.“I am humbled and proud to lead such a dedicated and professional team,” said SFC President and CEO Monte McNew. “As a member of the Springfield community my whole life, taking care of our clients and supporting our community is a responsibility I’m passionate about. I look forward to building on the strong foundation we’ve established over the years.”In addition to his role at SFC Bank, McNew also serves on the bank’s Board of Directors and is very active in the community. He currently serves as a board member for Lost & Found Grief Center, Hickory Hills Country Club and Care to Learn. Monte received his bachelor’s in finance and MBA from Missouri State University.Contacts:

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