In the News
TSBank is Named #1 in Iowa's Top Workplaces for Small Business
TS Bank is pleased to announce that it has been selected as the #1 workplace in the small business category for Iowa's Top Workplaces.
The Top Workplaces are exclusively determined by employee feedback. A survey was conducted by the Des Moines Register and WorkplaceDynamics, LLP, a leading research firm focused on organizational health and employee engagement.
"Our hiring process is what sets TS Bank apart as an employer of choice. We are always looking for a win-win scenario, and that the employees' expectations and our desires match up," stated Mick Guttau, TS Bank Chairman and CEO. "We encourage our employees to be the CEO of their own area. We want employees to find passion in what they do and be happy in their line of work."
When asked of employees, what made them come and what makes them stay, the response comprised of three main criteria:
1. The family-friendly culture
2. TSBank's achievement record, and
3. The continuous choice to give back to the community
"We will be celebrating our 90th anniversary in 2013 come be part of our winning team," stated Josh Guttau, TS Bank President and CFO. "The future at TS Bank is bright. We are banking on our future, with values of the past."
The Des Moines Register published the complete list of Top Workplaces as well as TS Bank's listing on Sunday, September 23rd. For more information about the Top Workplaces lists and WorkplaceDynamics, please visit www.topworkplaces.com and www.workplacedynamics.com.
TS Bank Institute Commits $1 Million to Financial Literacy
TS Bank Institute is helping improve education in Iowa by committing $1 million to financial literacy to expand financial basics in the Pottawattamie County school districts.
In recognition of TS Bank's third consecutive year of being named the #1 ranked bank in Iowa,* TS Bank has committed to funding a portion of the TS Bank Institute's $1 million commitment while working alongside the TS Bank Institute to secure the remaining funding from non-profit and private donors in the coming year.
Three years ago TS Bank committed $250,000 to the TS Bank Institute to fund the initial phase of the program locally. A K-12 financial literacy program was launched in the Treynor School District as well as an elementary and middle school student bank were opened. In addition, a high school student bank has been opened at Thomas Jefferson High School in Council Bluffs.
The new three-year grant will support the hiring of additional employees to work alongside Bob Mantell, TS Bank Institute Director, to expand the program in Pottawattamie County. The new financial literacy coordinators will serve in a consultative role for each participating school as well as be a resource for students, parents, and community members.
"We believe it is part of our responsibility as community bankers to invest in the lives of our community members and arm individuals with the financial facts. The more educated they become, the better decisions they can make about their financial futures. And the earlier they learn it, the better!" states TS Bank President and CFO, Josh Guttau.
This unique program was developed in response to the belief that a lack of financial literacy, rather than a housing bubble or other economic variable, is the root cause of the current economic crisis.
"The TS Bank Institute is a leader as a privately funded financial literacy program that combines local community banks with local school districts to develop a financial literacy program for the students. With the involvement of each participating school administration, the goal is for the program to surpass the Iowa Department of Education's 21st Century skills mandates, so each student is a step ahead," stated Bob Mantell.
The TS Bank Institute is setting the stage for a proposed statewide expansion to begin in 2014, in which the TS Bank Institute will invite other Iowa community banks, community leaders, private businesses, and non-profit organizations to join the cause and sponsor their local school district.
It is the hope of the TS Bank Institute to one day have a previous student want to give back to the community as a result of the difference the TS Bank Institute made in his or her life. The cycle of increased prosperity in a community begins with the desire to give back.
*According to the Iowa Banking Magazine among all C-Corporation Banks in Iowa in the Asset Size of $100-$250 million.
TS Bank and Council Bluffs Thomas Jefferson High School Team Up to Promote Financial Literacy with Student Bank Opening
On Tuesday, September 4, 2012 at 10:30 a.m., a ribbon cutting ceremony will be held at Thomas Jefferson High School, 2501 West Broadway, Council Bluffs, Iowa to announce the opening of the TS Bank Yellowjacket Branch.
According to Dr. Corey Vorthmann, Supervisor of Secondary Education for the Council Bluffs Schools, students will benefit from this partnership with the TS Bank Institute. "This is a tremendous addition to the Business and Finance Academy at Thomas Jefferson High School, allowing students a real-world experience working side-by-side with a banking professional in a bank setting," he said. "In addition, the Yellowjacket Branch will provide a unique and authentic opportunity for students to deepen their understanding and application of financial literacy skills."
The TS Bank Institute was created in 2009 to collaborate with local school systems to promote financial literacy. The goal of the program is to provide students, K-12, with the knowledge to make sound financial decisions.
"The student bank is designed to demonstrate that saving and managing money should be part of a student's personal financial plan for his or her future," Bob Mantell, TS Bank Institute Director, said. "We are very excited to launch our first student high school bank in the Council Bluffs Community Schools. We have a long-term vision and desire for this program to reach far beyond state lines and really make this a nationwide initiative."
Studies show that financial literacy has a direct impact on children's success, and that individuals graduating from high schools in states that require personal finance education have higher savings rates and net worth as a percentage of their earnings than individuals graduating from high schools in states where financial education is not mandated. (Source: "Integrating Financial Education into School Curricula," The Department of the Treasury)
"We are excited to partner with the TS Bank Institute and look forward to engaging our students with financial education by opening this student bank," said Deb Goodman, DECA Advisor and Marketing/Business teacher at Thomas Jefferson High School.
To arrange for a special on-site interview at the TS Bank Yellowjacket Branch prior to or after the ribbon cutting, please contact Council Bluffs Community Schools' Diane Ostrowski at email@example.com or 402-350-1066.