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Bank transition completed with open house

Posted 8/11/15 (Tue)

Bank transition completed with open house

By Cecile Krimm
With the cut of a ribbon, a transition in process for nearly a year was completed Friday at the former Farmers State Bank in Crosby.
“We’re all moving on in a positive way,” said Andrea Hanisch, whose family owned and operated the bank for four generations.
Members of the Crosby Area Chamber welcomed The Bank of Tioga President David Grubb as customers enjoyed cake and refreshments, following the official ribbon cutting.
“I want the community of Crosby to know we’re going to be full service and that means lending money is going to be a priority,” said Grubb, whether for business, residential or agricultural needs.
“We want to make funds available to help the community grow and prosper,” he said.
The purchase of the Crosby bank by TS Bank of Treynor, Iowa, is already growing the community, allowing two Divide County High School graduates to come home to Crosby.
“I’ve banked with them since I can remember,” said Lee Rindel, who has joined the bank as an ag lender, giving him and his wife Tessa, a chance to live on the family farm.
Savannah (Wissbrod) Hendrickson will work as a credit analyst at both banks, Tioga and Crosby.
“I never thought I would have an opportunity to move back home to work in an area I was interested in,” she said.
She likes the family feel the bank retains, “It’s just a different family,” but also offers “big box” bank products to people in Crosby.
TS Bank Chief Operations Officer Christy Baker on Friday was happy to see the conversion wrapped up. She’s made six trips to Crosby and Tioga this year.
Moving foward, she said, Iowa staff will serve more as a resource for the local banks.
“They are operating independently,” she said, within the TS Bank group.
“It’s basically like they  just have a really big resource in Iowa, but all the decisions are made locally. They know their clients,” Baker said.
The Crosby branch manager is longtime bank employee Debbie Axtman, with Grubb serving as the market president, providing leadership to banks in both Tioga and Crosby.