Fifth Third Bancorp has agreed to buy a credit card portfolio from Quad City Bank & Trust.

The $122 billion-asset Cincinnati company will also buy Quad City’s servicing operations. Quad City is a unit of the $2 billion-asset QCR Holdings in Moline, Ill.

Limited Time Offer

Save over $700 on your subscription. Special offer expires April 30, 2017.

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry