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Peoples State Bank

Executive Management

Strong leadership ensures Peoples State Bank's financial security
Our team ensures we're always working in customers' best interests

Scott M. Cattanach Follow Scott M. Cattanach on LinkedIn

President & CEO

On August 25, 2017, Peoples announced Mr. Cattanach as the new President and Chief Executive Officer of PSB Holdings, Inc. and Peoples State Bank. Mr. Cattanach joined Peoples State Bank as Chief Financial Officer in 2002 after 11 years of serving banks as a CPA with Wipfli LLP. He has more than 26 years of experience working with community banks in central Wisconsin. Mr. Cattanach is responsible for setting strategic direction and for ensuring the growth and profitability of Peoples for the benefit of customers, shareholders, and other stakeholders.

He currently serves as president of MC United Soccer Club, representing over 350 youth soccer players and teams affiliated with the Wisconsin Youth Soccer Association. He is also a past director and treasurer of the Community Foundation of North Central Wisconsin and Christian Life Communications, Inc. (WCLQ Radio 89.5 FM Wausau).

Mark Oldenberg, CPA Follow Mark Oldenberg, CPA on LinkedIn

Senior Vice President & Chief Financial Officer

Mr. Oldenberg joined Peoples in December of 2017 as Chief Financial Officer for Peoples State Bank and PSB Holdings, Inc. He has more than 20 years of leadership experience in community banking. Mr. Oldenberg’s responsibilities include maintaining a high quality of financial reporting both internally and externally with investors and bank regulators, balance sheet management, support merger and acquisition initiatives, and investor relations. He has been involved for many years with the Boys and Girls Club, and is a member of the Wisconsin Institute of Certified Public Accountants and the American Institute of Certified Public Accountants.



Patrick Heier Follow Patrick Heier on LinkedIn

Senior Vice President, Commercial Division Leader

Mr. Heier joined Peoples in the fall of 2007. Under the leadership of Mr. Heier, the commercial team has shown significant growth in its customer base, while maintaining sound asset quality. Prior to joining Peoples, Mr. Heier was a regional president of Associated Bank and has held several divisional and sales management roles in regional and national banks. He is currently a board member of The Women’s Community, Inc. and the Wisconsin Woodchucks. Mr. Heier is a Big Brother for the Big Brothers Big Sisters of Central Wisconsin and has volunteered for several organizations.



Tim Dively Follow Tim Dively on LinkedIn

Vice President, Chief Technology & Operating Officer

Mr. Dively joined Peoples State Bank in June 2018 and has 20 years of experience in information technology and operations. He is responsible for the security of all information managed by Peoples, developing and maintaining a strategic technology plan for the entire organization, and recommending optimal technology solutions to solve problems, secure information and better serve customers. Mr. Dively has expertise in many areas in information systems including infrastructure planning, delivery and support, IT governance and proactive cyber security planning. He is currently on the Board of Directors for The Women’s Community in Wausau.



Robert McPherson, CRCM Follow Robert McPherson, CRCM on LinkedIn

Vice President, Risk Management

Robert McPherson joined Peoples in 2019. He oversees Peoples’ risk management processes, compliance with bank regulations and disclosures, external examiners and internal audit. McPherson has more than 12 years experience in mortgage compliance and quality control, providing Peoples and our customers the assurance we’re acting with integrity and complying with laws, rules, regulations and policies that reinforce that behavior. McPherson is active in his community, volunteering for a neighborhood connection program that provides resources to engage neighbors to support and empower one another.



Jeffrey Saxton Follow Jeffrey Saxton on LinkedIn

Vice President, Retail Group Leader

Mr. Saxton leads the Peoples retail team, providing direction to our retail, mortgage, and wealth management staff. With over 16 years of retail, sales management, and lending experience, Jeff will continue to guide Peoples retail team into the digital banking platforms our customers have come to need while maintaining the customer service attention to which they’ve grown accustomed.  Outside of finding new and effective ways to help customers, he participates on the GSB Alumni council and Wisconsin Bankers Association Retail Committee and is a 2019 graduate of the Graduate School of Banking at the University of Wisconsin.