Shared Commitment to Community Banking
As we begin the new year, we are thrilled to have in place an expanded workforce, services and geographic footprint that has emerged from the integration of Lee County Bank into the Two Rivers Bank & Trust state-chartered bank. From the onset in early November, our shared commitment to community banking has been evident and we have welcomed Lee County Bank employees and customers.
Making a positive impact in the lives of our customers and communities is what community banking is all about. At Two Rivers Bank & Trust, it is our mission to empower customers to achieve their financial goals and freedom through innovation, dedication, and expertise. Supporting the financial well-being of our customers, employees, and communities is at the heart of everything we do.
Two Rivers is excited about the future!
Reorganization as we move into the new year
As with all banking institutions – and business entities in general – a new acquisition creates an opportunity to review all internal structures and determine how best to utilize combined resources generated from the integration. At Two Rivers Bank & Trust, we take our fiduciary responsibility very seriously and have utilized the past few months to strategize on the most effective business model for our banking institution. Through this process, we have implemented a reorganizational structure that will begin at the onset of 2024.
While Two Rivers Bank & Trust is financially strong and continues to grow, our goal is to always be good stewards of resources. This is why we take thoughtful actions to ensure we are providing the right balance of employees without duplicating roles, aligning with our business needs, and positioning ourselves for future growth and success.
As a result, and after careful consideration, a small number of positions within our Two Rivers Bank & Trust structure have been eliminated. Additionally, retail districts have been realigned and managerial assignments have been reorganized. Part of our decision making revolved around Two Rivers Bank & Trust acquiring Lee County Bank and responsibly integrating two employee bases into one and it was also attributed to economic factors.
As we move forward in 2024, we will continue to provide value to our customers and team members by delivering convenient and comprehensive products and services while building trusted partnerships with customers and Two Rivers Bank & Trust team members.
Shane Zimmerman, President and CEO of Two Rivers Bank & Trust - (319)-753-9163
About Two Rivers Financial Group, Inc.
Two Rivers Financial Group, Inc. is headquartered in Burlington, Iowa, and is a financial holding company servicing clients throughout Iowa and surrounding states. Two Rivers Bank & Trust, a state-chartered bank and wholly owned subsidiary of Two Rivers Financial Group, Inc., commenced operations in 1904 and currently has banking centers located in Ankeny, Burlington, Coralville, Des Moines, Keokuk, Fort Madison, Mt. Pleasant, Mediapolis, West Burlington, West Des Moines, and West Point, as well as a loan production office in Bettendorf. Two Rivers Financial Group, Inc. shares trade on OTCQX® under ticker symbol “TRVR”.