Press Release

Benz and Piatt Iowa Bankers Association 50-Year Banker

September 22, 2025 – Des Moines, Iowa – The Iowa Bankers Association (IBA) proudly recognized William C. Benz of Iowa Trust and Savings Bank in Centerville and Larry Piatt of Iowa Trust and Savings Bank in Centerville for their remarkable 50+ years of service in the banking industry. The honors were presented during the IBA Annual Convention on September 22 in Des Moines, where both were among 22 distinguished bankers to receive the prestigious 50-Year Banker designation.

“Each year, it’s inspiring to celebrate the dedication and impact of these long-serving professionals,” said IBA President and CEO Adam Gregg. “Bill and Larry exemplify the values of community banking—commitment, leadership, and service.”

William C. Benz began his 53-year career at Iowa Trust and Savings Bank in 1967, retiring as Senior Vice President in 2005 and continuing to serve on the Board of Directors until 2020. A driving force behind economic development in Appanoose County, Benz helped establish the Appanoose Industrial Corporation and the Appanoose Economic Development Corporation. Notably, in 1985, these efforts led to the recruitment of Wells Manufacturing and Rubbermaid to our community, resulting in the creation of nearly 600 jobs in Appanoose County. His community involvement extended to numerous local boards, and his legacy continues to shape the area’s growth.

Larry Piatt has been a cornerstone of Iowa Trust and Savings Bank, where his leadership and dedication have helped guide the bank and support the Centerville community for five decades. One of his most cherished volunteer activities has been with "Trees Forever," a program where the bank many times subsidized half the cost of trees, making it financially feasible for many community members to plant new trees. His commitment to customer service and community values has made a lasting impact on both the institution and the people it serves. Larry still serves on the bank’s board giving valuable insights and guidance.

The Iowa Bankers Association is proud to honor these two exceptional individuals for their lifelong contributions to Iowa’s banking industry and their unwavering dedication to their communities. Both William (Bill) and Larry’s longstanding commitment to Iowa Trust and Savings Bank is a testament to their community support and industry service.

Renate Deininger, President and CEO of Iowa Trust and Savings Bank said, “Bill and Larry’s leadership and dedication have been invaluable to the bank’s success. It has been a privilege to work with them. I congratulate them on this amazing achievement.”

Armstrong Graduates from Graduate School of Banking 8.18.25

Centerville, IA, August 18, 2025 – Iowa Trust and Savings Bank is proud to announce the graduation of Mike Armstrong, Vice President of Lending, from the Graduate School of Banking at Colorado (GSBC). This esteemed program is nationally recognized for its leadership development initiatives tailored for community bankers. Armstrong successfully completed a rigorous 25-month curriculum aimed at equipping emerging leaders to make bold, strategic decisions that enhance both their institutions and the communities they serve.

Armstrong was among 175 graduates honored during a ceremony held on July 24 at the University of Colorado Boulder campus. The Annual School Session, which occurs each July, immerses students in three years of intensive classroom learning, complemented by six real-world intersession projects. Each student’s final project addresses a strategic opportunity or challenges specific to their organization, thereby delivering immediate value to their communities.

GSBC’s contemporary curriculum is designed to meet the evolving needs of today’s community banks and is delivered by distinguished industry faculty. The coursework encompasses four core areas: Financial Management & Strategy, Innovation & Engagement, Leadership & Culture, and Lending. The program culminates in a practical bank management simulation, wherein students navigate a virtual institution through fluctuating market conditions and competitive challenges.

The 2025 Session commemorated GSBC's 74th year, attracting nearly 500 students from across the country. Please join us in congratulating Mike on this significant achievement! We encourage you to visit Mike for all your lending needs.

Glosser Appointed to the Board of Directors 5.21.25

Centerville, IA, May 21, 2025 – Jeffrey T. Young, Chairman of the Board of Iowa Trust and Savings Bank, announced the appointment of Rod Glosser to the Board of Directors on May 20th. Young expressed confidence that Glosser's extensive knowledge and commitment to the community will significantly enhance the bank's mission.

Rod Glosser has been an instrumental member of the Rathbun Regional Water Association (RRWA) for over 25 years, initially serving as Chief Financial Officer. Since January 2022, he has taken on the additional roles of both CEO and CFO. Throughout his career, Glosser has actively engaged with various non-profit organizations and community boards. He currently serves as president of the Iowa Rural Water Association and is a member of the executive committee for the Centerville and Appanoose County Economic Development and Tourism group.

Glosser holds a Bachelor of Arts degree in Accounting and Business Management from Central College in Pella, Iowa, and has successfully completed the Iowa Certified Public Accountant examinations. Prior to his tenure at RRWA, he served as CFO for a rural hospital in Iowa.

We invite you to join us in welcoming Glosser to the Board of Directors at Iowa Trust and Savings Bank.

Regie Bradford Earns IBA Consumer Credit Certificate 3.31.25

Centerville, IA – March 31, 2025 – The Iowa Bankers Association recently hosted its Consumer Credit School, where Regie Bradford, along with 37 other Iowa bankers, successfully completed the program. Bradford serves as a Consumer Loan Officer at Iowa Trust and Savings Bank in Centerville.

This intensive one-week program, sponsored by the Iowa Bankers Association, involved rigorous coursework that provided participants with valuable insights into risk assessment, compliance requirements, and strategic decision-making within the realm of consumer lending. The curriculum enhances participants’ understanding of the consumer credit function, equipping them to better address the credit needs of their customers and effectively serve their local communities.

Regie Bradford joined Iowa Trust and Savings Bank as a Loan Officer in April of the previous year. As a Consumer Loan Officer, she is committed to helping clients achieve their financial objectives. Whether you are interested in financing a new boat, recreational vehicle, automobile, or exploring options for a home equity loan, we encourage you to visit Regie and discover the unique benefits of working with a local institution. Regie eagerly anticipates the opportunity to assist you!

Wells Promoted to Vice President of Marketing 1.9.25

Centerville, IA January 9, 2025– Iowa Trust and Savings Bank President and CEO Renate Deininger announced following the annual meeting of the bank’s Board of Directors on January 8th, that Mary Wells has been promoted to Vice President of Marketing. Wells duties will continue to focus on Bank Marketing, Public Relations and Business Development. Mary is a longtime economic and community development professional who was hired by Iowa Trust and Savings Bank in March of 2023 as the bank’s Marketing Officer. “Mary is a focused community banker, who works for the betterment of our bank staff, our customers and communities. I congratulate Mary on her accomplishments and hard work”, stated Renate Deininger.

Wells is a native of Appanoose County and received a BA in Business Management from William Penn University. Mary is also a member of the Appanoose Industrial Corporation (AIC).