Tonawanda Share Company (OTCMKTS:TODS) operates as a mutual savings institution serving communities in Western New York. Chartered under New York banking laws and headquartered in Tonawanda, the company focuses on building long-term relationships with individual and business clients. Its mission centers on delivering personalized financial solutions, combining community banking traditions with modern service offerings.
The company’s core business activities encompass deposit-taking, consumer and commercial lending, mortgage origination, and treasury management services. Its deposit products include savings, checking, money market accounts, and certificates of deposit. On the lending side, the firm extends personal lines of credit, auto loans, home equity loans, and credit cards, while its commercial portfolio addresses working capital needs, real estate financing, and equipment loans for small to mid-sized enterprises.
Founded in the late 19th century, Tonawanda Share Company has evolved alongside the region’s economic landscape, supporting the growth of local businesses, non-profits, and residents. Over the decades, the bank has expanded its footprint beyond Tonawanda to neighboring communities such as Amherst, Cheektowaga, and North Tonawanda, offering a network of branches and ATMs. It has also invested in digital banking platforms to enhance online and mobile account access, bill payment, and remote deposit capture.
Under the leadership of President and Chief Executive Officer David F. Clum, supported by a board of trustees drawn from the local business community, Tonawanda Share Company emphasizes governance that aligns with its mutual ownership structure. Senior management, including the Chief Financial Officer and Chief Operations Officer, brings extensive experience in community banking, risk management, and customer service. The firm remains committed to fostering financial wellness and sustainable growth within its Western New York markets.
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