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Year In Review

Iowa Trust and Savings Donates $3,500 to Chariton Valley Regional Housing Trust Fund 4.1.25 

Renate Deininger, the President and CEO of Iowa Trust and Savings Bank, recently presented a $3,500 check to the Board Members of the Chariton Valley Regional Housing Trust Fund alongside Rachel Mathews, the Executive Director. Noteworthy is Mike Armstrong, the Vice President of Lending at Iowa Trust and Savings, also serving as a board member of the Chariton Valley Regional Housing Trust Fund since its establishment in 2010. As the organization enters its 15th year, it continues to positively impact homeowners within the four-county region of Appanoose, Lucas, Monroe, and Wayne Counties. Through the generous contributions of benefactors like Iowa Trust and Savings Bank, significant financial aid has been extended to homeowners in these counties, facilitated by various businesses, organizations, municipalities, and individual donors. The overarching goal of the Chariton Valley Regional Housing Trust Fund is to support low- and moderate-income homeowners in the enhancement, revitalization, and renovation of their residences. Notably, the organization has a distinctive collaboration with Indian Hills Community College in Centerville, aimed at constructing affordable new homes for sale to individuals within this income bracket.


The Chariton Valley Regional Housing Trust Fund is pleased to announce the completion of property situated at 2003 Drake and this property remains available for purchase. This home features an on suite with a large closet, walk in pantry, wrap around front patio, open floor plan and so much more. The back yard area offers great space and tons of potential. There are no income restrictions on this property. Take advantage of this rare opportunity to buy a brand-new home at a big discount! For inquiries regarding this property or any future Housing Trust homes, please contact Executive Director Rachel Mathews at 641-436-1775. The group is actively progressing with its next property at 520 W Cottage St in Centerville, targeted for completion by July 4th,2025.


Iowa Trust and Savings Bank has consistently contributed to the Chariton Valley Regional Housing Trust Fund for the past 15 years. Recognizing the significant demand for affordable and quality housing within our community, we are committed to championing this noble cause.

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Our community investment in 2024

Empowering Our Community 129+ Years!

 
  • 2024 Charitable Contributions $119,000
  • 1st Time Homeowner Grants $67,500
  • Sponsorships and Events $11,350


ITSB involvement in community events includes a variety of initiatives such as Teaching Kids to Save, participating in Job Fairs, facilitating Interview Day at Moravia Schools, and contributing to the Bill Riley Talent Show. Additionally, we have engaged in Bike Night, CFD Car Show, BBQ & Brew, Pancake Day, the Moravia Fall Festival, Lakeview Trunk or Treat, the YMCA Festival of Trees, and the Lakeview PTO Holiday Lights, among others.

The year 2024 was characterized by a substantial positive impact, offering us numerous opportunities to reflect and celebrate our achievements. As a locally owned and community-focused bank, we have set ambitious goals for 2025. When you choose to bank with a locally owned financial institution, your funds are reinvested back into the community we serve. We sincerely appreciate your support of your hometown financial institution.

We take pride in being your exclusive locally owned community bank.

We invite you to visit us for banking that is founded on trust!