In the News

  • TS Bank Announces Joshua M. Guttau as CEO

    Treynor, IA – March 27, 2014 –

    TS Bank, Treynor State Bank, is pleased to announce Joshua M. Guttau as CEO. He was named Chief Executive Officer (CEO) of TS Bank at the annual meeting of the Board of Directors held in March. Joshua M. Guttau will also continue as CFO and a board member. Michael K. Guttau will continue as Chairman of the Board of TS Bank and also as Chairman and President of Treynor Bancshares, Inc, the bank's holding company.

    "Since Josh's arrival at the bank, he has shown to be a proven leader with dynamic risk management and analytical skills, business vision, and ability to bring people together," states Michael K. Guttau, TS Bank Chairman of the Board.

    Joshua M. Guttau joined the bank in 2003, and since this time has implemented a risk management and financial analytics department and established two bank affiliate companies, TS REIS, Inc. and TS Capital, L.L.C. As President and CFO, he guided the bank to a three-time state champion title as the #1 Highest Performance Bank in the state of Iowa in 2009, 2010, and 2011, and #1 in the Nation in 2009. He also received a top leadership award for Iowa's Top Workplaces in 2011 and the bank was named the #1 top workplace for small businesses in 2012.

    During this time, the bank received a five star bank rating with Bauer Financial and Bankrate.com, earned a Celent Model Technology Bank award, and was listed in the top 15th percentile for Safety and Soundness by Seifried & Brew LLC.

    Josh Guttau is a guest instructor at the Graduate School of Banking of Colorado, Director for IBMC (Iowa Bankers Mortgage Corporation) and Trustee for IBBP (Iowa Bankers Benefit Plan) and has served as director of IBIS (Iowa Bankers Insurance Services) and IBA (Iowa Bankers Association).

    "I am honored and look forward to the bright future for TS Bank and its affiliates. We are committed to making sure the bank meets our current clients' needs and that we maintain the 'local touch' as we expand our footprint geographically," states Joshua M. Guttau, TS Bank CEO and CFO.

    Guttau explains, "At TS Bank the 'traditional' bank president is being transitioned to a great management team. Roger Williams has been named Market President, Christy Baker as Chief Operations Officer, and Kelsey Stupfell as Chief eXperience Officer –together these three roles will focus on ensuring TS Bank continues to deliver a great client experience."

    With two generations working hand in hand, each has knowledge and understanding of the issues important to the business and the community which will ensure TS Bank's continued success and bright future.

    Other board members named at the annual meeting were: Judy Guttau, Wendell Volkens, Marlyn Eitmann, Heidi Guttau-Fox, Gene Young, Neil Stanley, and Chris Clausen.

    About TS Bank:

    TS Bank is a community "building" bank that is dedicated to helping its communities thrive and donates 10% of its net income to the community through sponsorships, donations, and local non-profits. TS Bank is $280M in assets with full service banking locations in Treynor, Macedonia, & Council Bluffs, IA. Mick Guttau is Chairman of the Board and Josh Guttau is the CEO and CFO. TS Bank has the largest, state-chartered C-Corp Trust Department west of Des Moines, with $285M in assets.

  • TS Bank’s Roger Williams is Named Council Bluffs Chamber Board Chair

    Treynor, IA – March 31, 2014 –

    TS Bank, Treynor State Bank, is pleased to announce Roger Williams, TS Bank Market President, as the 2014-2015 Council Bluffs Chamber Board Chair.

    The Council Bluffs Chamber Board Chair assists to enhance the economic growth and prosperity of its members and the Council Bluffs area.

    "Our board members bring with them a wealth of knowledge and experience which will serve the Chamber Board well as we continue to evolve and strive to meet the growing needs of our members and the community," said Roger Williams, 2013-14 Board Chair and Market President of TS Bank. "Our Board continues to represent the diverse makeup of our membership and represents strong support for our mission and our vision."

    Advance Southwest Iowa – a newly formed partnership representing the city of Council Bluffs, Council Bluffs Chamber of Commerce, Iowa West Foundation, Pottawattamie County and the Western Iowa Development Association – formally joined the Greater Omaha Economic Development partnership earlier this year.

    "This new partnership will be a paradigm shift for our communities," stated Roger Williams, 2013-14 Board Chair and Market President of TS Bank. "2014 looks to be a year of many opportunities."

    About TS Bank:

    TS Bank is a community "building" bank that is dedicated to helping its communities thrive and donates 10% of its net income to the community through sponsorships, donations, and local non-profits. TS Bank is $280M in assets with full service banking locations in Treynor, Macedonia, & Council Bluffs, IA. Mick Guttau is the Chairman of the Board and Josh Guttau is the CEO and CFO. TS Bank has the largest, state-chartered C-Corp Trust Department west of Des Moines, with $285M in assets.

  • TS Bank’s Kevin Forristall Earns CFA Designation

    Treynor, IA – March 27, 2014 –

    TS Bank, Treynor State Bank, is pleased to announce Kevin Forristall, TS Bank Chief Risk Officer, on earning the designation of CFA, Chartered Financial Analyst.

    The CFA (Chartered Financial Analyst) program is often referred to as the gold standard for international finance and investment designations. The CFA exams cover areas of stocks, bonds, derivatives, alternative investments, economics, portfolio management, and several other investment related topics.

    According to Investopedia.com, over the last 20 years, of the people who start the three tier exam process, less than 30% have advanced to pass all three levels. While the CFA designation is uncommon in the investment world, it is especially rare in community banks. Forristall is the only Iowan to be a CFA charterholder in the Council Bluffs area.

    "TS Bank is very proud to have their very first employee who has earned their CFA designation. This has and will be of importance to our bank as we continue to expand the trust and wealth management group, the bank's investment strategies, and other new ventures that are on the horizon for TS Bank," states TS Bank CEO and CFO, Josh Guttau.

    About TS Bank:

    TS Bank is a community "building" bank that is dedicated to helping its communities thrive and donates 10% of its net income to the community through sponsorships, donations, and local non-profits. TS Bank is $280M in assets with full service banking locations in Treynor, Macedonia, & Council Bluffs, IA. Mick Guttau is Chairman of the Board and Josh Guttau is the CEO and CFO. TS Bank has the largest, state-chartered C-Corp Trust Department west of Des Moines, with $285M in assets.

  • TSBank is Named as one of the Top Workplaces for Small Business

    TS Bank is pleased to announce that it has been selected as a top 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."

    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 dostrowski@cbcsd.org or 402-350-1066.