Prominent Iowa banker Mick Guttau of TS Bank in Treynor, Iowa, has retired after a 52-year career.
As a banker, Mick served as CEO, president and chair of TS Bank, which he bought in 1978. His son Josh Guttau took over as president of the bank in 2008 and CEO in 2013, and he is now chair of the board as well. Mick Guttau will now serve as chair emeritus.
Mick Guttau was IBA chairman-elect in 1995 but two days before he was set to become IBA Chairman, Governor Terry Branstad named him Iowa Superintendent of Banking, a position he held from Sept. 15, 1995 to Nov. 12, 1999. He has also served as chair of Federal Home Loan Bank of Des Moines and the Federal Home Loan Bank Council in Washington, D.C. He also served as chair of American Bankers Association Community Bankers Council in Washington, D.C.
Guttau served on the steering committee and as a speaker at the International Russian Banking Conference in Moscow. He also volunteered in Slovakia through Iowa State University and the U.S. Agency for International Development.
He was honored with the IBA’s James A. Leach Leadership Award in 2010 and, in 2022, received the Iowa Bankers Association 50 Year Banker Award.
Guttau is currently chair of Deaf Missions and serves on the boards of Good News Global, Southwest Iowa Renewable Energy, Pottawattamie County Veterans Affairs Commission and the Foundation of Iowa Western Community College. He is also a governor of the Iowa State University Foundation
A Treynor native, Guttau has a Bachelor of Science degree in farm operations from Iowa State University. He became an Army Infantry Officer and served as a helicopter pilot in the U.S. Army Air Cavalry during the Vietnam War.
Guttau said he and his wife will remain involved in the bank which they have helped run for decades: “Judy and I look forward to continuing to serve on the board as well as spending more time with our family of two children, seven grandchildren, and two greats, plus more time in the barn shop for me!”
