The Bank of Tioga
The Bank of Tioga is a community bank that values citizenship, exceptional client service, serving as a business leader in its community. Committed to supporting local organizations, the bank reinvests 10% of their net income back to the community. The Bank of Tioga was chartered in 1951 and was acquired by TS Banking Group in 2014, with $340 million in assets. Branch locations Tioga and Crosby, North Dakota. For more information visit thebankoftioga.com.
TS Banking Group
The TS Banking Group is a joint venture between Treynor Bancshares, Inc., the bank holding company of Treynor State Bank (TS Bank), with banking assets of $520 million; and the newly formed bank holding company, TS Contrarian Bancshares, Inc. The TS Banking Group and two affiliated bank holding companies are headquartered in Treynor, IA, near the Omaha, NE MSA. In addition to The Bank of Tioga acquistions, First National Bank of Clinton, IL with $160 million in assets and $105 million in AUM was also acquired by TS Banking Group on January 1, 2017.
The TS Banking Group is a dedicated community banking group focused on upholding a community bank management philosophy with the purpose of acquiring community banks in the upper Midwest. The overall objective of the acquisition strategy is to expand an organization with a client-focused operating efficiency that allows for the long-term prosperity of community banking. To achieve this goal the TS Banking Group must 1) preserve the 'local touch' at each community bank by allowing the acquired bank to focus their efforts on serving their clients and communities where they are located, and 2) harness the power of a multi-bank operating group to provide a high level of technology, risk management, and financial management.