History & Mission

Tioga State Bank’s History

Farmers & Merchants Bank Building with people standing in front

Farmers & Merchants Bank, Spencer NY

In 1864 in Candor, NY, and 1884 in Spencer, NY, local business owners joined together to form independent community banks to provide badly needed banking services to their respective communities. In 1961, the two banks combined forces to form Tioga State Bank, with headquarters in Spencer, in order to create a strong, independent community bank committed exclusively to the financial needs of families and businesses in Tioga County and surrounding counties. Members of the Fisher family Currently the only bank headquartered in Tioga County, Tioga State Bank now has 11 community offices with over $455 million in assets.  Large enough to meet the lifetime financial needs of our customers, we are also small enough to build a close relationship with each customer built on trust, personalized professional service, convenient locations, a full range of financial products and services, fast local decision making and exceptional safety and soundness.

Historical photo of Spencer NY business buildings

Spencer, NY Community

We are proud to say that we reinvest our deposits back into our local communities to improve the quality of life for everyone involved.  And, our officers and employees invest their personal time in community service through a wide variety of civic organizations. Our mission, to which all our employees share a passionate commitment, has not changed in all the years we have served the area; we want to be the bank of choice for all those who value professionalism, integrity, high quality financial products and services, commitment to the community and unmatched safety and soundness. We believe that the qualities that make us different are the very qualities that create superior value for our customers. Tioga State Bank is a locally owned, independent community Bank with offices located in Binghamton, Candor, Endwell, Newfield, Owego, Spencer, Van Etten, Vestal, and Waverly, NY.  We are proud of our tradition of providing community banking at its best and would welcome the opportunity to have you as a member of the Tioga State Bank family.

Financial Information

Bauer Financial Reports, Inc. has recognized Tioga State Bank’s safety and soundness by awarding it with its highest FIVE STAR rating every consecutive quarter since 1992.  This acknowledgement by an independent third party confirms safety and creditworthiness while serving to reaffirm the past, present and future direction of Tioga State Bank. View the latest Consolidated Statements of Condition for TSB Services, Inc.

Our Mission Statement

Tioga State Bank’s mission is be a successful, customer-focused service and sales organization.

Our Core Values

Bring Your Best SelfOwn Your Work
Play Nice In The SandboxWow Our Customers
Care for Our CommunitySeek Knowledge
Keep It Light