What's happening at Peoples State Bank? We're glad you asked.
Q3 & Q4 2023
News Releases
Q1 & Q2 2023
News Releases
Q3 & Q4 2022
News Releases
Q1 & Q2 2022
News Releases
Q3 & Q4 2021
News Releases
Q1 & Q2 2021
News Releases
10/26/2023
Peoples Hires Tolokken as Chief Operating Officer
Peoples State Bank announces the hire of Katie Tolokken as Vice President and Chief Operating Officer.
9/18/2023
Peoples Announces Enhancements to Peoples Wealth Management
Peoples State Bank announces two important enhancements for Peoples Wealth Management, its financial planning and investment services division.
7/12/2023
Peoples Opens New Stevens Point Full-Service Bank Location
Peoples State Bank executives, employees, and board members were joined by the Portage County Business Council for a ribbon-cutting to celebrate the opening of the new bank in Stevens Point.
6/14/2023
PSB Holdings Named Among Top 200 Community Banks
Peoples State Bank's parent company has been named among the Top 200 Community Banks by American Banker magazine--the 14th year in a row for the honor.
5/11/2023
Peoples Hires Alicia Ramirez as Mortgage Lender
Peoples State Bank announces the hire of Alicia Ramirez as a mortgage lender based in our West Allis branch and serving all of the Milwaukee area.
4/25/2023
Peoples Hires Dustin Dietel as Branch Manager of new Stevens Point Full-Service Bank Location
Peoples State Bank announces the hire of Dustin Dietel to lead the retail team at the new Stevens Point bank location, set to open in July 2023.
2/14/2023
Brandon Karaba Joins Peoples Commercial Banking Team
Peoples State Bank announced that Brandon Karaba has joined the commercial banking team after spending 18 years as a mortgage lender for the bank.
1/19/2023
Peoples Hires Ericka Eckardt as Mortgage Lender
Peoples State Bank announces the hire of Ericka Eckardt as our new Rhinelander-based mortgage lender.
1/5/2023
Peoples Announces 2023 Employee Promotions
Ten Peoples State Bank employees received promotions to start the new year.
12/13/2022
Peoples Promotes Jacob Grell to Private Banking Team
Peoples State Bank announces the promotion of Jacob Grell to the Private Banking team. Grell, a five-year veteran at Peoples has served most recently as a personal banker.
11/17/2022
Peoples Promotes Casey Jensen to Information Security Officer
Peoples State Bank announces the promotion of Casey Jensen to the position of Information Security Officer, a newly created position for the bank.
10/5/2022
Peoples Promotes Brandon Karaba to Regional Market Sales lead.
Peoples State Bank announces the promotion of Brandon Karaba to lead the Northwoods mortgage lending team.
9/29/2022
Peoples Promotes Heather Martell to Weston Branch Manager Officer
Peoples State Bank announces the promotion of Heather Martell to become the Weston Branch Manager Officer.
9/16/2022
Peoples Promotes Tim Dively to Senior Vice President
Peoples State Bank announces the promotion of Tim Dively to senior vice president, chief technology and operating officer.
8/17/2022
Peoples Announces New Loan Office in Stevens Point
Peoples State Bank announces the move of its loan production office into a new building located at 138 McDill Avenue, near the intersection of Post Road.
7/26/2022
Peoples Hires Tou Ger Xiong as Private Banker
Peoples State Bank announces the hire of Tou Ger Xiong as a Private Banker. Xiong will provide convenient and personalized private banking services for Peoples' Private Banking customers.
7/13/2022
Peoples Promotes Commercial Bankers
Peoples State Bank has promoted two commercial bankers, in an announcement by President and CEO Scott Cattanach.
7/6/2022
Peoples Partners with Cinnaire
Peoples State Bank announces partnership with Cinnaire to invest in affordable housing for communities in Wisconsin.
6/24/2022
Peoples Hires Jessica Brown as SVP - Chief Financial Officer
Peoples State Bank announces the hire of Jessica Brown as senior vice president and chief financial officer of the bank and PSB Holdings, Inc., the parent company.
6/7/2022
Peoples Hires Bryan Wulk as Mortgage Lender
Peoples State Bank announces the hire of Bryan Wulk as a mortgage lender to serve the greater Wausau area.
Wulk will work out of the bank's Stewart Avenue location, but will assist home buyers throughout Wausau and Marathon County.
5/31/2022
Peoples’ Balance Banking Account Receives National Certification
Peoples State Bank announced that its Peoples Balance Banking account was officially certified by the national Cities for Financial Empowerment Fund (CFE Fund) as meeting the Bank On National Account Standards (2021-2022).
5/25/2022
PSB Holdings, Inc., parent company of Peoples State Bank, is again rated at Top 200 Community Bank in the United States.
For the 13th year in a row, American Banker magazine has rated PSB Holdings, Inc. as one of the Top 200 Community Banks in the nation.
5/24/2022
Peoples Hires Megan McCoy as Vice President - Marketing Director
Peoples State Bank announces the hire of Megan McCoy as the bank’s vice president and marketing director.
McCoy will oversee Peoples’ marketing, public relations, sponsorships, and charitable contributions.
5/11/2022
Peoples Hires John Osorio as Waukesha Branch Manager
Peoples State Bank announces the hire of John Osorio to lead the retail team at our Waukesha branch as the bank's Waukesha Branch Manager.
Osorio comes to Peoples with more than ten year's of banking experience, including five as a branch manager at another bank.
5/2/2022
Peoples Promotes Amanda Heiner to Mortgage Loan Officer
Peoples State Bank announces the promotion of Amanda Heiner to Mortgage Loan Officer.
Heiner will help customers in the Wausau area with their home purchases or refinancing.
4/26/2022
Peoples Promotes Jill Whittaker to Digital Branch Manager
Peoples State Bank announces the promotion of Jill Whittaker to a newly created position as the Digital Branch Manager.
Whittaker will lead the Peoples team devoted to the bank’s digital banking products.
3/29/2022
Peoples Hires Erin McCormick as Northern Wisconsin Retail Team Leader
Peoples State Bank announces the hire of Erin McCormick as vice president and northern Wisconsin retail team leader.
McCormick will oversee the bank’s retail operations in Rhinelander, Eagle River, and Minocqua.
1/31/2022
Peoples Announces Account Assistance for Afghan Refugees
Peoples State Bank and the Ethiopian Community Development Council’s (ECDC) Multicultural Community Center in Wausau announced a coordinated plan to assist Afghan refugees by opening bank accounts for those settling in the Wausau area.
1/20/2022
Peoples Announces Staff Promotions for 2022
Peoples State Bank President and CEO Scott Cattanach announces the following promotions.
1/19/2022
Peoples Hires Erik Rajek as Chief Credit Officer
Peoples State Bank announces the hire of Erik Rajek as the bank’s chief credit officer. Rajek will oversee the team that reviews commercial loan applications with the bank.
1/3/2022
Peoples and Kretz Lumber Donate to New NTC Program
Peoples State Bank is matching a $5,000 donation by Kretz Lumber Company, totaling $10,000 for a new Northcentral Technical College (NTC) program to fill a significant need in the lumber industry. The program will train workers on the skills needed to sharpen industrial blades and bandsaws for commercial lumber operations.
12/14/2021
Marathon Community Members Spread Christmas Joy
Peoples State Bank served as the collection site for community volunteers who purchased Christmas gifts for children in need in the Marathon School District. The Marathon Circle of Joy collected 32 names from the school district. They created 90 gift packages from the collected names, splitting the children’s wishes into smaller lists for the community to purchase.
12/2/2021
Peoples State Bank Announces Donation to Rhinelander's Hodag Park Project
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.
11/23/2021
Peoples State Bank Wraps Up Military Care Package Drive
Soldiers serving overseas and Wisconsin’s veterans in need of assistance will benefit from a military care donation drive hosted by Peoples State Bank’s ten retail locations in northern, central, and southeastern Wisconsin. More than 4,550 items and $200 in cash were donated in 2021, for a combined five-year total of 35,000 items and more than $3,500 in cash collected.
11/9/2021
Peoples State Bank Named Among Best Banks to Work For Nationally
For the third straight year, Peoples State Bank has been named as one of the Best Banks to Work For by American Banker magazine and Best Companies Group. Peoples is one of just three Wisconsin banks to make the list. The ranking comes on the heels of American Banker naming Peoples as a Top 200 Community Bank for 12 straight years.
10/21/2021
Peoples State Bank Holds Military-Veteran Care Package Drive
Soldiers serving overseas and Wisconsin’s veterans in need of assistance will benefit from a military care donation drive hosted by Peoples State Bank’s ten retail locations in central, northern, and southeastern Wisconsin. The donation drive runs through Veterans Day, November 11.
9/23/2021
Peoples Hires Ken Kilman to Milwaukee Mortgage Team
Peoples State Bank has hired Ken Kilman as vice president, mortgage lender for the bank’s Milwaukee area operation. Kilman (NMLS# 248167) will serve Milwaukee area customers at the bank’s locations in Waukesha and West Allis.
9/7/2021
Peoples Announces Staff Promotions in Eagle River
Peoples State Bank announces two changes to its retail team in Eagle River. Jeff Saxton, Peoples State Bank vice president – retail group leader, has promoted Andy Jensen to the role of branch manager.
9/2/2021
Peoples Announces Wausau-area Management Promotions
Peoples State Bank has promoted two employees into different leadership positions.
7/6/2021
Peoples State Bank Voted Best Bank and Best Mortgage Company
Community members have voted Peoples State Bank as the
“Best Bank” and “Best Mortgage Company” in the Wausau Daily Herald 2021 Best of Marathon County Awards. Peoples Wealth Management was also recognized as a top-two finalist in the “Best Financial Planning” category.
“Best Bank” and “Best Mortgage Company” in the Wausau Daily Herald 2021 Best of Marathon County Awards. Peoples Wealth Management was also recognized as a top-two finalist in the “Best Financial Planning” category.
6/29/2021
Peoples Promotes Jeffrey Saxton to Lead Retail Banking
Peoples State Bank promoted Jeffrey Saxton to Vice President, Retail Group Leader. With the promotion, Saxton expands his leadership duties, from his experience managing the bank’s mortgage team to now managing all retail banking efforts.
6/23/2021
Peoples Hires Curtis McElhaney to Lead Mortgage Team
Peoples State Bank has hired Curtis McElhaney as vice president, mortgage sales manager. McElhaney (NMLS# 400617) will be responsible for the mortgage loan officers and the underwriting teams at Peoples.
5/25/2021
PSB Holdings, Inc. Named a Top Community Bank in Wisconsin for 12 Consecutive Years
PSB Holdings, Inc., the parent company of Peoples State Bank, Wausau, Wisconsin, announced that for the 12th consecutive year, it has ranked among the nation’s “Top 200 Community Banks.” American Banker Magazine lists PSB Holdings, Inc. as the 68th top-performing bank, the second-highest rank of any Wisconsin bank eligible for consideration. American Banker Magazine released performance data and rankings in their May 2021 publication.
5/12/2021
Peoples State Bank Partners with MC United Soccer on Jersey Sponsorship
Peoples State Bank has partnered with MC United Soccer Club through a multi-year jersey sponsorship that will significantly decrease the costs incurred by MCU families. Peoples will subsidize a portion of the jersey fee charged to parents whose children play for MC United. MC United provides competitive soccer opportunities for more than 500 youth annually—ages 4 to 18—from across the northcentral Wisconsin region.
5/4/2021
Peoples State Bank Completes Marathon Location Remodeling Project
Peoples State Bank has completed a four-month-long remodeling project at the bank’s Marathon location at 314 Main Street. The 2,500 square foot remodeling project provides better flow for customers and employees, an ADA-compliant bathroom, and two additional offices for customer interaction.
4/27/2021
Peoples State Bank Signs Long-term Agreement to Sponsor Peoples Sports Complex
Peoples State Bank and Marathon County announced the agreement for Peoples State Bank to become the naming rights sponsor of the Peoples Sports Complex. The Complex located at 602 E. Kent Street houses 15 athletic fields catering to youth and adult club sports, high school teams, and large athletic tournaments.
4/16/2021
PSB Holdings, Inc. Announces Completion of Merger with Waukesha Bankshares, Inc., and its Subsidiary, Sunset Bank & Savings
PSB Holdings, Inc. (OTCQX: PSBQ) (“PSB Holdings”), parent company of Peoples State Bank (“Peoples”), Wausau, Wisconsin, announced today that it completed the merger with Waukesha Bankshares, Inc., (“WBI”) parent company of Sunset Bank & Savings.
4/14/2021
Chadd M. Frank Hired to Lead Peoples State Bank - Waukesha
As part of its acquisition of Sunset Bank & Savings, Peoples State Bank has hired longtime Waukesha resident and commercial banker Chadd Frank to lead the Peoples banking team in Waukesha. Frank will serve as Waukesha Market President, leading the Sunset team as it transitions to become part of the Peoples State Bank family.
4/13/2021
Peoples State Bank Hires Kevin Ile as a Commercial Banker
Peoples State Bank hired Kevin Ile to its commercial banking team. Ile will work with current and new commercial customers to provide flexible lending programs and deposit solutions to advance their
2/2/2021
Peoples State Bank Hires Todd Schultz as Mortgage Lender
Peoples State Bank hired Todd Schultz (NMLS# 642092) as a home loan lender for their Weston bank location. Schultz brings more than 20 years of mortgage lending experience to Peoples.
2/2/2021
Bryan Nill Promoted to Peoples Wealth Management
Peoples State Bank announces the promotion of Bryan Nill to Peoples Wealth Management after two years as a mortgage lender in Peoples Milwaukee-area lending office.