Peoples State Bank Announced Donation to Rhinelander’s Hodag Park Project

  • December 02, 2021

Wausau, Wis. (December 2, 2021) Peoples State Bank announced a $15,000 donation to the city of Rhinelander’s Hodag Park improvement project. The money is earmarked for a new amphitheater and entertainment area to be built on the edge of Boom Lake within Hodag Park.

“When completed, these improvements will draw thousands of people to Hodag Park, enhancing Rhinelander’s businesses and economy,” said Craig Lau, Peoples State Bank northern market president. “Peoples is proud to make this donation to help fund this community-oriented space.”

When completed, the project will provide gathering space for ceremonies, festivals, weddings, and reunions, as well as music performances, art fairs, and flea markets. The amenities will include a pavilion, amphitheater, splash pad, and improved seating and parking areas.

“We envision a weekly concert or event series during summer months,” said Zach Vruwink, Rhinelander administrator. “I’m happy to have Peoples on board with this project, especially considering their long-time support of the city.”

Peoples State Bank looks for ways to give back to the communities it serves. Two years ago, the bank provided funding for the Hodag Dome project. Bank employees routinely volunteer for school, sports, non-profit, and other civic organizations in Rhinelander.

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Peoples State Bank is a community bank headquartered in Wausau, Wisconsin, serving north, central, and southeast Wisconsin from ten full-service banking locations in Marathon, Milwaukee, Oneida, Vilas, and Waukesha Counties, as well as a commercial loan production office in Stevens Point, WI. Peoples provides financial services to business owners and individuals, as well as investment and retirement planning services through Peoples Wealth Management, a division of Peoples. Peoples was founded in 1962 and has $1.3 billion in total assets. PSB Holdings, Inc., the parent company of Peoples State Bank, trades its common stock under stock symbol PSBQ on the OTCQX Market. Peoples is an Equal Housing Lender and Member FDIC. More information about Peoples can be found at bankpeoples.com.

Peoples State Bank

Peoples State Bank is a community bank headquartered in Wausau, Wisconsin, serving north, central, and southeast Wisconsin from ten full-service banking locations in Marathon, Oneida, Vilas, Waukesha, and Milwaukee Counties, as well as a commercial loan production office in Stevens Point, WI.