Treynor State Bank Ashley Parker T reasure is defined as accumulated or stored wealth in the form of money, jewels, or other valuables, and may be considered lost or forgotten until being rediscovered. During this troubled economy it is important now more than ever for individuals and businesses to make prudent financial choices and protect their monetary treasures. Many individuals need guidance so they can make better decisions with their money. The individuals at TS Bank, Treynor State Bank are driven by an underlying commitment to quality service, trust, and the rediscovery for the importance of financial literacy! TS Bank understands the importance of making smart financial choices and has embraced the mission to improve financial literacy so everyone can make the best decisions for themselves, their families, and their businesses. on the future of the bank.” Guttau has continued to develop strategies to keep the bank thriving. TS Bank is dedicated to being the first place you turn to for all your financial needs. They offer a wide variety of financial options as well as comprehensive selection of insurance, trust and investment products. Whether it is for you, your family or your business, you can find all your financial answers at TS Bank. From checking and savings to a variety of financing options, including consumer, business and mortgage lending, TS Bank has the tools to help you achieve your goals. TS Bank as also offers KASASA, which is a suite of free high interest checking and savings accounts. With high-quality products, top-of-the-line convenient services and now a new smartphone app, banking with TS Bank is fast, easy and safe. They offer a number of coverage’s to help you meet today’s changing risk management needs. “The bank serves consumer and commercial clients, with a focus on small businesses and agricultural-based clients, and we also provide wealth management services,” added Guttau, “Our niche is in trust management, small business, and agriculture. We provide banking services at the community level with knowledge of the whole community in mind. Mick, in particular, strives to bridge gaps when it comes to economic development. Chartered in 1923, then purchased in 1978 by Michael (Mick) Guttau, TS Bank, is a symbol of strength and growth in the communities it serves. Mick was 31 at the time and with support from his father, he was able to turn in what was then a $7 million bank with five employees to what is now; over $250 million in assets and over 65 employees while maintaining the unique company culture. With branches in Treynor, Macedonia, and Council Bluffs, the family-owned bank draws clients from neighboring cities with its hallmark “hometown service.” Current President and CFO Josh Guttau notes, “Our family proudly has 30 plus years of experience and 90% of the company is family owned. It is my objective to continually work Seven years ago TS Bank branched to Council Bluffs, Iowa. Currently they have one location in Council Bluffs: 1745 Madison Avenue Suite #1002/Hy-Vee In-store Branch and are in the process of opening a branch in March of 2013 at 3201 W. Broadway. “This new branch opening is part of TS Bank’s commitment to the community of providing excellence in client service and convenience to our clients’ lifestyles.” 16 While keeping clients happy has been a pinnacle of business success for years, ensuring employee happiness has never been more of a priority, than it is today. Att TS Bank they realize that happy employees mean more efficient employees and an enhanced work culture, which, in turn, result in happier clients. Guttau has allotted much of the success of his bank to the employees. With over 65 employees Guttau expressed, “oOur employees have great intellectual capital and each has his/her own specialty. We encourage our employees to be a CEO of their own area. We want employees to find passion in what they do and be happy in their line of work.” As with any business there are challenges. Regulatory changes and pressures as well as national politics can certainly be trying. There are also fun parts when facing trying times.... just when you get one thing in place then something else comes up,” said Guttau. Through the ups and downs of the economy and regulatory changes, TS Bank continues to be dedicated to its’ team and clients. “We are celebrating our 90th anniversary in 2013 and we encourage you to become a part of our winning team.,” stated Guttau. TS Bank’s management philosophy and core values are driven by an underlying commitment to quality service and trust. Their style is to be proactive rather than reactive, and is centered on an attitude of entrepreneurship rather than bureaucracy. Because their clients really do come first, they promise to stand behind their words. A noteworthy 93% of TS Bank employees volunteer in their communities and has a unique culture that keeps them in step to remain one of the top workplace leaders. TS Bank’s continued focus on community banking and community service is a defining element in their vision for the bank. They have always been, and continue to be, dedicated to producing a broad range of financial products, delivering superior client service, and giving back to their local community. . “From an early age, Mick and Judy, my fatherparents, engrained in my sister and I the importance of community, community, community. Several years ago, we sat down as a family to determine how much we would like to contribute toward charitable giving. Each of us wrote down on a napkin the same amount 10 percent. Since then, when have given 10 percent of net income before taxes to charity and to the community. It’s the shortest meeting we ever had!” exclaimed Guttau. For Guttau there is no “typical” day. “I have the fortune of working on the business and not just in the business. I have a great management team and I make sure they have what they need,” explained Guttau. Like with any business there are certain qualities that one must possess. Guttau asserts, “There is an endless amount of energy that goes into running a business. You most certainly have to have a passion for what you’re doing and be able to look into the future and see opportunities and be willing to make changes. Lastly, there has to be a realization that you can’t be the best at everything. We make it a point to hire people that are more intelligent in certain areas than ourselves. Many business owners or managers struggle with this and it is imperative to not let one’s self feel threatened in doing so. Being able to delegate is of equal importance, and having those intelligent people around you helps. TS Bank has donated $250,000 towards financial literacy! The goal is to improve financial intelligence for Southwest In order to maintain a successful business Guttau looks at a few key ingredients. These include community focus, employees, technological advances (currently TS Bank is on the leading edge of banking technology), and analytics from a risk management standpoint. “A combination of attributes sets us apart from our competitors. Most importantly we give a local feel to service and aAs my father Mick states, “We don’t make decisions for the next quarter, we make them for the next generation!” Starting in 2009, TS Bank won the National Championship for #1 Bank in performance and has been named the top performing bank in the State of Iowa three years in a row. In 2011 it was also named one of Iowa’s Top Workplaces, and received the top spot among small businesses in 2012 ! Iowa students by providing a comprehensive K-12 financial education program. They are taking a long-term approach to solving financial pain while helping create a more financially savvy future generation. Locally, September 4, 2012 a ribbon 17 continued on page 24 Treynor State Bank Continued from page 17 She is married to her husband Rick Fox and they have three children. TS Bank is a family-owned business and they have a shared set of traditions and values that are rooted in the history of the bank So, if you are looking to secure your monetary treasures , TS Bank can meet your needs! cutting ceremony was held at Thomas Jefferson High School to announce the opening of the TS Bank Yellowjacket Branch. Whether interacting with employees or the community, this family-owned bank is dedicated to paying it forward. Guttau’s mother, Board Secretary, Judy, leads the bank’s charitable giving program, which has upped the commitment to financial literacy by donating another significant amount to start financial literacy programs in the local school districts surrounding iesthroughout Pottawattamie County. ACCOMPLISHMENTS • Named #1 Bank in the State of Iowa * 2009, 2010, 2012 “We look to double in asset size in the next five to seven years which means the need for more employees. Additionally, we launched our online branch which ultimately allows TS Bank to bring money, from outside the local area, into the local economy,” added Guttau. The bank continues to be dedicated to producing a broad range of financial products and superior client service to businesses and consumers in the community. • Top Iowa Workplaces **2011, 2012 Sitting with his family at the kitchen table Josh never envisioned becoming President and CFO of TS Bank, “It was never really intentional. For years I had no interest in banking, nor did my sister. Then one semester in graduate school I took a finance class and I loved it. I eventually obtained my MBA in Finance. From that moment on I became invested in numbers and management. It was my educational experience and an unlimited amount of resources from my family that has paved the way. I spend 20 percent of my time in peer groups, conferences and continuing education. I need to continue to be at the front of the ship looking at where we are going and what lies ahead!” • IBA Community Betterment Award 2010, 2011 • IBA Community Banking Award *** 2010, 2011 • S&B Total Risk Performance Index: Top 2.5% of all banks • 5 Star Rated Bank: Bauer Financial & Bankrate.com • Celent Model Technology Bank Award • Best of Iowa Marketing Award • ABA & ICBA: Nation’s <$250M # Performing Bank • IBA Jim Leach Legacy in Banking Award (Mick Guttau) * according to the Iowa Banking Magazine among C-Corporation banks in Iowa and in the asset size of $100-250M. **according to the Des Moines Register ***according to the Iowa Bankers Association Josh is married to his wife Shelly and they have four children. They enjoy an eight and five year old, as well as, two teenage daughters. Josh’s father, Mick Guttau is Chairman and Chief Executive Officer and is married to Judy who is the Board Secretary and Director of Charitable Giving. Josh has one sister, Heidi Guttau-Fox who is an Attorney at Baird Holm. 24