Eat - Shop - Bank - Local with Penny's Landing venue in

Eat, Shop, Bank Local: Penny's Landing in Treynor, Iowa

June 20, 2024

At TS Bank we believe that a community is only as strong as its local businesses. This is why we have highlighted local businesses in southwest Iowa as part of our Eat, Shop, Bank Local blog series. For this blog we have featured Craig Buckingham owner of the Palace Event Center and Penny's Landing a one-of-kind guesthouse made from Sukup grain silos just outside of Treynor, IA.

The story behind the owners of the business? 

The story began in 2016 when Craig and Penny Buckingham envisioned opening a venue to host various events, including weddings, reunions, graduations, meetings, and more. From this vision grew the idea of providing on-site guestrooms, offering event attendees a convenient place to stay. In 2022, they officially broke ground on the guest accommodations, incorporating the base of two grain silos into their unique design.

Penny’s Landing, named in honor of the late owner Penny, is a one-of-a-kind guesthouse just on the outskirts of Treynor, Iowa, and part of the Palace Event Center's venue. This unique getaway features eleven spacious guestrooms with tall ceilings and bright natural lighting. It's perfect for sweet dreams in the silos and is an ideal place to host your next family reunion, reception guests, corporate outing or quiet getaway.

Penny was best known for her exceptional hospitality and warmth, truly embodying the spirit of a gracious host. Celebrating Penny’s Landing is adream come true, join the grand opening on Thursday, June 20, 2024, from 4:00-6:00 pm, with a ribbon-cutting ceremony at 4:30 p.m. at 33153 Hwy 92, Treynor, IA 51575.

Why did you want to get involved in the business?

The Palace Event Center and Penny's Landing were truly Penny's dream. When the couple first ventured into the hospitality business, Craig was still farming full-time. Tragedy hit when Penny passed away unexpectedly two years ago, altering their plans. In her honor, Craig gave up farming to focus entirely on the event center and the guest accommodations, housed in grain silos, to continue realizing Penny's dream.

Tell us a little bit about your business?

Penny’s Landing is a unique 11 guest room getaway for overnight stays part of Palace Event Center’s venue. Penny's Landing offers standard rooms and junior suites as well as Penny's Premier Suite that includes a king-sized bed, two full-sized sofa sleepers in their own loft, a kitchenette, a living room area and a gaming area. Every detail has Penny's touch from the rendering designs to the pillow selection on the beds. Come see for yourself and experience the royal treatment!

What advice would you give to other people who are interested in starting their own business?

If you have a dream, continue to pursue it. Work hard and be intentional. You never know where life will take you, but everyone has a story to share. 

Where do you want to be in five years?

Our ultimate goal is to be featured on the Hallmark channel for a Christmas special or something similar to show off the nostalgia charm and story of the Palace Event Center and Penny's Landing. If that comes to fruition, truly all our dreams for launching this business will have come true!

Anything else you'd like to add?

It's great to see how involved TS Bank is in supporting others in the surrounding area, and small businesses like us. We have benefited from this and seen a significant positive impact on our business and the local community. 

Location and hours

Penny's Landing (next to Palace Event Center)
33153 Highway 92
Treynor, Iowa 51575

Penny's Landing phone: (712) 242-7490
Penny's Landing email:

Again, join the grand opening on Thursday, June 20, 2024, from 4:00-6:00 pm, with a ribbon-cutting ceremony at 4:30 p.m. at 33153 Hwy 92, Treynor, IA 51575.

At TS Bank, we IGNITE PROSPERITY® by helping our clients do more with their money. Whether it’s saving a little extra cash each month or accomplishing a long-term strategy, our goal is to help you transform your financial life. Call and schedule an appointment today, one of our team members would love to help you do more with your money at TS Bank. TS Bank has eight locations in central and southwest Iowa. For more information visit or call 844-487-3030. #igniteprosperity