Longtime banker retiring after 38-year lending and trust administration career
July 1, 2022 | TS Prosperity Group
Council Bluffs, Iowa, July 1, 2022 - After a successful career in banking and trust administration, Rich Purdy, of TS Prosperity Group in Council Bluffs, Iowa, will retire on August 1, 2022.
A Fontanelle native, Purdy attended Bridgewater-Fontanelle High School, then graduated from Iowa State University with a Bachelor of Science degree in Agricultural Business and a minor in Farm Management. He also was a graduate of the Iowa School of Banking.
From 1977-1984, Purdy worked for the Southwest Iowa Farm Business Association helping small farm businesses. From there, Purdy joined TS Bank in 1984 with an initial position as a loan officer and later transitioned to TS Prosperity Group. In 2000, he earned the Certified Financial Planner® designation.
In his 38-year banking career, Purdy has served in numerous banking and management roles, including lending, trust administration, farm management and as a real estate broker in the southwest and central Iowa area. As Fiduciary Officer, Vice President of TS Prosperity Group, he has specialized in administering trusts, estates and farm management accounts.
“During his tenure, hundreds of clients have benefited from Rich’s subject matter expertise in financial planning, trust and estate administration and farm management knowledge. That, combined with his very thoughtful and friendly delivery, is the hallmark of a career that will serve as a great example for all who follow in his footsteps," said Senior Fiduciary Officer, Vice President, Jim Koch.
Purdy has been actively involved as member of Zion Congregational Church, serving as the past Treasurer, as a member of the Mission Board, and currently as the Financial Secretary. He is also a former board member and Treasurer of the Pottawattamie County Red Cross. Rich and his wife, Rhonda have three adult married daughters Jessica Kunkel (Brian), Jenna Hutchinson (Jordan) and Tracy Berg (Wes) and currently four grandchildren. Rich enjoys watching sports and spending time with family.
Please join us in congratulating Rich Purdy on his retirement. Individuals may also send best wishes and salutations to 15 E. Main Street, P.O. Box A, Treynor, IA 51575 or email to marketing@tsbg.com.
About TS Bank: TS Bank’s mission is to Ignite Prosperity® in the communities it serves. Leading the resurgence of community banking, TS Bank reinvests 10 percent of their net income locally; hosting educational events and partners with local organizations and non-profits. TS Bank was chartered in 1923 and has $365 million in assets, along with the largest Iowa state-chartered C-Corp trust department west of Des Moines at nearly $218 million in assets named TS Prosperity Group. Locations include Treynor, Macedonia, Atlantic, Corning, Council Bluffs and Ames, Iowa. For more information visit tsbank.com.