Our History

Tioga-Franklin has been around a long time. We began life as the Tioga Building and Loan Association in 1873, a seemingly unlikely year in which to launch a new bank. Only eight years had passed since the end of the Civil War, and our country found itself in the grip of a severe economic depression. Credit dried up, foreclosures were common and banks failed.

We survived that early economic crisis, and every one since then, by sticking to our core principles. These include conservative investing, offering competitive rates to both depositors and borrowers, responding quickly and courteously to customer concerns, and keeping fees to a minimum.

In 1973, the Tioga Building and Loan Association merged with the Franklin Savings and Loan Association to form the Tioga-Franklin Savings Association. In July 2000, we became Tioga-Franklin Savings Bank and members of the Federal Deposit Insurance Corporation.

Some “experts” have questioned whether small, mutually owned, banks can survive in a world of much larger, more sophisticated competitors. We invite you to join the Tioga-Franklin family, and find out first-hand why we’re here to stay.

Board of Trustees Function

The major function of the Board of Trustees of Tioga-Franklin Savings Bank is “Risk Management.” The Board has no higher priority than that of protecting our customer’s assets. The “Risk Management” process at Tioga-Franklin Savings Bank is the means by which our Board determines that the bank has in place a vigorous process for identifying, prioritizing, sourcing, managing and monitoring its most critical risks and that the process is reviewed and improved upon on a regular basis as the business environment changes.

The Board takes responsibility in seeing that all policies of the Bank are carried out in accordance with regulatory mandates in a timely manner. Protecting and servicing our customers is always the primary goal of our Board of Trustees.