What Thurgauer Kantonalbank does

Thurgauer Kantonalbank (TKB) is a Swiss cantonal bank founded in 1871 and headquartered in Weinfelden, Canton of Thurgau. The bank is publicly owned by the Canton of Thurgau and operates under cantonal law with an implicit public-sector guarantee, serving retail customers, small and medium enterprises (SMEs), private banking clients, and the public sector through a network of 29 Geschäftsstellen (branches) across the canton. TKB participates in a four-bank consortium that deploys mobile banking services to approximately one million clients across participating Swiss cantonal banks, alongside OLIVIA-based direct digital banking for its Thurgau franchise.

TKB's core platform is OLIVIA, a unified digital banking ecosystem offering E-Banking and Mobile Banking channels covering payments, securities portfolio management, secure messaging, real-time notifications, and credit card services. The bank's product portfolio spans accounts (Privatkonto, Sparkonto, foreign-currency accounts), cards (Debit Mastercard, Gold/Platinum credit cards, prepaid, Swiss Bankers Travel), mortgages (Festhypothek, SARON-Flexi-Hypothek, Familien-Hypothek, Energie-Hypothek), and tax-advantaged retirement savings under Pillar 3a. Wealth management is delivered through three tiers — Vermögensverwaltung Basis, Privatmandat, and Premiummandat — supported by proprietary and partner funds (TKB Dynamic Focus Fonds, TKB Fonds Aktien Schweiz, Arete Ethik Global) and the bLink open banking API. Specialty offerings include cryptocurrency trading, Fairtrade-certified gold from the Macdesa mine in Peru, and forensically traceable precious metals via Haelixa DNA-marking technology, reinforcing the bank's ESG positioning.

TKB's revenue model is anchored in traditional cantonal bank mechanics: net interest income from mortgage lending and credit facilities, recurring wealth management and advisory fees, and transaction-based payment and card services. Distribution combines physical branches (many modernized into Beratungsbank advisory formats with extended hours and 24/7 self-service zones) with the OLIVIA digital platform, the SIX-operated bLink API, and event-driven engagement (annual Anlegerforum with 1,500+ attendees, Early Morning Talk with 600+ attendees, Partizipanten-Versammlung with ~2,700 attendees). The go-to-market is hybrid — sales-led advisory for retail, SME, and private banking clients, supplemented by product-led digital self-service — with primary segments in retail and SME banking and secondary focus on private banking and sustainability-oriented investors.

Name

Thurgauer Kantonalbank

Legal name

Thurgauer Kantonalbank

Website

https://tkb.ch

Company type

Private

Founded year

1871

Operating status

Operating

Short description

Thurgauer Kantonalbank (TKB) is a Canton of Thurgau-owned Swiss cantonal bank founded in 1871, serving retail customers, SMEs, and private banking clients across the canton through a hybrid network of 29 branches and the OLIVIA digital banking platform.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

State Commercial Banks (6022), Savings Institutions, Not Federally Chartered (6036)

akta.pro primary industry

Mutual Savings Banks & Mutual Thrifts (FSABAEAD)

Keywords

• Retail banking services
• Mortgage lending
• Wealth management
• Cantonal banking
• Digital banking

Headquarters

HQ city

Weinfelden

HQ country

Switzerland

HQ region

Europe

Offices12 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Interest Income: Traditional banking interest income from mortgage lending (fixed-rate, SARON-flexible, variable mortgages), personal loans, and securities-backed credit facilities. Core business of cantonal bank serving Thurgau region.
2. Wealth Management Fees: Fees from wealth management services including Vermögensverwaltung (Basis, Privatmandat, Premiummandat), investment advisory, and securities brokerage through TKB Depot.
3. Payment Services: Revenue from payment processing including debit/credit cards, mobile payment integration (Apple Pay, Google Pay, Samsung Pay, TWINT, Garmin Pay, Swatch Pay), and QR bill processing.
4. Pension and Insurance Products: Third pillar (Säule 3a) savings products, vested benefits accounts (Freizügigkeitskonto), and collective death insurance.
5. Digital Services: Fees from cryptocurrency trading, precious metals purchases (Goldvreneli, Fairtrade Gold), and premium card services.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels9 records

Core offering

Thurgauer Kantonalbank is a Swiss cantonal bank providing retail, SME, and private banking services to individuals, businesses, and the public sector in the canton of Thurgau. It delivers payment accounts, savings and retirement products, mortgage and personal lending, wealth management mandates, investment funds, cards, cryptocurrency trading, and ethically sourced precious metals through the OLIVIA digital banking platform and a 29-branch advisory network.

Product overview

Thurgauer Kantonalbank (TKB) operates as a comprehensive retail and private banking institution offering a unified digital banking ecosystem centered around the OLIVIA platform. The core product portfolio includes OLIVIA E-Banking and OLIVIA Mobile Banking as the primary digital channels, supplemented by account products (Privatkonto, Sparkonto), card products (Debit Mastercard, credit cards including Gold and Platinum tiers), mortgage solutions (Festhypothek, SARON-Flexi-Hypothek), and retirement savings (Sparen 3 Konto, Wertpapiersparen 3a). Wealth management offerings span three tiers: Vermögensverwaltung Basis, Privatmandat, and Premiummandat, supported by proprietary funds (TKB Dynamic Focus Fonds, TKB Fonds Aktien Schweiz) and the Arete ethical investment fund family. TKB also offers specialty products including cryptocurrency trading, precious metals (Fairtrade Gold, Traceable Gold- und Silberbarren, Goldvreneli), and alternative investments. Security is enhanced through CrontoSign and Digipass authentication tools. The bLink integration enables third-party software connectivity, while mobile payment integrations include Apple Pay, Google Pay, Samsung Pay, TWINT, Garmin Pay, Swatch Pay, and Fidesmo Pay. TKB's Beratungsbank (consultation banking) model transforms branches into advisory-focused locations.

Differentiator

Problem solved

Functional benefit

Brands

• OLIVIA: Digital banking platform offering E-Banking, Mobile Banking, and digital financial services.
• TKB Dynamic Focus Fonds
• Traceable Gold und Silberbarren
• Fairtrade Gold
• TKB Pensionszentrum

Products and services

• OLIVIA E-Banking Online banking platform providing 24/7 access to finances, payment processing, securities portfolio management, and secure messaging with TKB advisors.
• OLIVIA Mobile Banking Mobile banking application enabling customers to manage finances on the go, process payments, manage securities portfolios, and communicate securely with TKB from any location.
• Privatkonto (Personal Checking Account) Primary checking account for everyday banking transactions including payments, deposits, and withdrawals; part of TKB's Konten zum Zahlen portfolio.
• Sparkonto (Savings Account) Savings account product for accumulating savings with interest earnings; part of TKB's Konten zum Sparen portfolio including Sparkonto Young and Euro-Sparkonto variants.
• Debit Mastercard Debit card enabling cashless payments worldwide, with optional fee-free international transaction add-on for young customers.
• Kreditkarte Gold (Gold Credit Card) Gold-tier credit card with insurance benefits and worldwide acceptance.
• Visa Platinum Kreditkarte Premium platinum credit card with extensive benefits and concierge services.
• Festhypothek (Fixed-Rate Mortgage) Fixed-rate mortgage with locked interest rate for a predetermined term, providing payment security.
• SARON-Flexi-Hypothek Flexible mortgage product referencing the SARON interest rate index with adjustable rates.
• Sparen 3 Konto (Pillar 3a Savings) Pillar 3a tax-advantaged retirement savings account for accumulating retirement capital.
• Wertpapiersparen 3a (Securities-based Pillar 3a) Securities-based Pillar 3a savings enabling investment in securities for retirement with tax advantages.
• Vermögensverwaltung Basis (Wealth Management Basic) Entry-level wealth management service combining professional asset management quality with investment fund advantages, starting from CHF/EUR 20,000.
• Privatmandat (Private Mandate) Private mandate wealth management offering personalized portfolio management for affluent clients.
• Premiummandat (Premium Mandate) Premium mandate wealth management with comprehensive personalized services for high-net-worth clients.
• TKB Depot (Securities Custody Account) Securities custody account enabling self-directed management of stocks, bonds, and other securities with secure storage.
• TKB Zielsparplan (Target Savings Plan) Target savings plan with annual bonus up to CHF 50 for systematic wealth building.
• TKB Dynamic Focus Fonds Dynamic allocation strategy fund with flexible asset class distribution (minimum 30% equities, maximum 70% bonds) adjusted based on market conditions. TER approximately 0.95% p.a.
• TKB Fonds Aktien Schweiz (Swiss Equity Fund) Swiss equity fund containing approximately 70 promising and sustainable Swiss company investments.
• Arete Ethik Global Fonds Ethically sustainable investment fund for global investments aligned with ESG criteria.
• Anlegen in Kryptowährungen (Cryptocurrency Trading) Cryptocurrency investment product enabling TKB customers to invest in Bitcoin and other digital currencies.
• Fairtrade Gold Fairtrade-certified gold bars from Max Havelaar, sourced from the Macdesa mine in Peru, available in 1-20 gram sizes. Supports fair wages and community projects.
• Traceable Gold- und Silberbarren (Traceable Gold and Silver Bars) Forensically traceable gold and silver bars sourced from Zürcher Kantonalbank with transparent origin tracking via Haelixa marking technology. Available in 1oz to 12.5kg gold and 1kg silver.
• Goldvreneli Online Bestellung Online ordering service for Swiss Goldvreneli coins and gold bars, ordered via OLIVIA E-Banking or Mobile Banking and picked up at TKB branches.
• Rundungssparen (Rounding Savings) Automated rounding savings feature that rounds up card purchases to the nearest franc and saves the difference.
• Online Firmengründung (Online Company Formation) Online service for business formation and commercial register mutations launched by TKB for entrepreneurs.
• Brokermarket Mortgage Platform Mortgage brokerage platform acquired from Valuu and operated by TKB, enabling mortgage comparison and origination.

Quantifiable outcome

• 3rd place ranking among 15 largest Swiss retail banks in WWF environmental rating
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

Feature5 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• AvaloqcoreTechnology or Integration · 17 June 2026Avaloq, a Swiss financial services software provider, partnered with four Swiss cantonal banks including TKB to roll out mobile banking services to approximately one million domestic customers. The new app introduces trading, portfolio management, credit card solutions, configurable dashboards, and real-time notifications with phased deployment. This collaboration includes existing partners Basellandschaftliche Kantonalbank, Basler Kantonalbank with Bank Cler, and new partner St. Galler Kantonalbank.
• SIX (bLink)coreTechnology or IntegrationTKB provides bLink, the SIX-operated open banking platform, enabling customers to connect their TKB accounts with third-party software solutions. The platform allows data exchange including account information, payment initiation, and portfolio data through standardized APIs after customer consent.
• Zürcher KantonalbankcoreStrategic or Co-development PartnerTKB sources both Traceable Gold and Fairtrade Gold products from Zürcher Kantonalbank, which launched Traceable precious metals in 2021 and Fairtrade Gold in 2015 as the world's first bank to do so.
• Max Havelaar FoundationcoreStrategic or Co-development PartnerTKB offers Fairtrade Gold certified by Max Havelaar, sourced from small-scale Macdesa mine in Peru. Fairtrade certification ensures fair wages, community development projects, and environmental protection in gold mining.
• NeustarkminorStrategic or Co-development PartnerStarting 2026, TKB partners with Swiss company Neustark to remove 100 tonnes of CO2 annually from the atmosphere and permanently store it in recycled concrete. This supports TKB's goal to achieve net-zero emissions by 2050.
• myclimateminorStrategic or Co-development PartnerTKB continues to support myclimate climate protection projects, with 2024 contribution directed to the energetically renovated swimming pool of the city of Frauenfeld (150 tonnes CO2 avoided).
• PostFinanceminorStrategic or Co-development PartnerTKB and PostFinance launched their first shared ATM in September 2025, providing customers of both institutions with expanded cash withdrawal options.
• cashgateminorChannel Partner/ Reseller/ DistributorTKB offers motor vehicle leasing and personal credit products through cashgate partnership, expanding consumer finance offerings since 2005.
• KEEST (Thurgau Center for Renewable Energy Systems)minorStrategic or Co-development PartnerTKB strengthened collaboration with KEEST to offer energy efficiency consulting services for SMEs, supporting sustainable business practices in the region.

Scale indicators10 records

Recent moves8 records

Expansion highlights7 records

Broad incumbents

• PostFinance: Major Swiss retail bank owned by the federal government; active competitor in Thurgau and partner in TKB's first shared ATM (Sept 2025). Larger-scale retail incumbent with overlapping payments and deposit product set.
• Zürcher Kantonalbank (ZKB): Largest Swiss cantonal bank and a broader incumbent in the same public-bank model. Supplies TKB with Traceable Gold and Fairtrade Gold products; relevant benchmark for cantonal bank scale, sustainability offerings, and investment capabilities.
• Raiffeisen Schweiz: Largest Swiss cooperative banking group with dense regional network; competes directly with TKB for retail and SME customers in Thurgau. Comparable in regional relationship banking focus but operates under cooperative rather than cantonal ownership.

Direct peers

• Aargauische Kantonalbank (AKB): Swiss cantonal bank serving Canton of Aargau with similar retail, mortgage, and wealth management franchise. Comparable in operating model and mid-sized cantonal positioning.
• St. Galler Kantonalbank (SGKB): Eastern Switzerland cantonal bank joining the Avaloq consortium in 2026 alongside TKB. Comparable in regional focus, retail/SME mix, and digital modernization trajectory.
• Luzerner Kantonalbank (LUKB): Mid-sized Swiss cantonal bank with similar retail, SME, and wealth management focus. Comparable in governance (cantonal ownership), product breadth, and regional scale.
• Basellandschaftliche Kantonalbank (BLKB): Swiss cantonal bank headquartered in Liestal; direct partner with TKB in the four-bank Avaloq mobile banking consortium serving approximately 1 million customers. Closest comparable in business model, regulatory status, and consortium alignment.
• Basler Kantonalbank (BKB): Basel-based cantonal bank operating with subsidiary Bank Cler; existing partner in the Avaloq consortium with TKB. Highly comparable regional full-service retail and wealth management franchise.
• Berner Kantonalbank (BEKB): Cantonal bank serving Canton of Bern with comparable retail/SME/private banking model. Useful peer for benchmarking cost-to-income, branch strategy, and digital investment levels for similarly sized cantonal banks.
• Graubündner Kantonalbank (GKB): Regional Swiss cantonal bank offering retail, mortgage, and private banking services in Graubünden. Comparable in size, regional franchise, and product breadth to TKB.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

• Facebookfacebook.com/tkb
• LinkedInlinkedin.com/company/thurgauer-kantonalbank
• Instagraminstagram.com/thurgauer_kantonalbank
• TikToktiktok.com/@tkb.ch

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Thurgauer Kantonalbank