Peoples Hires Rhonda Norrbom as Executive Vice President, Chief Credit Officer
Wausau, Wis. (April 10, 2026): Peoples State Bank announced that Rhonda Norrbom has joined Peoples as executive vice president and chief credit officer. Norrbom will oversee credit risk management and the commercial credit administration team, ensuring continued alignment with the bank’s commitment to sound lending practices that support community growth.
“Rhonda’s extensive experience in credit risk management and deep understanding of community banking and customer needs will be instrumental as we continue to grow,” said Scott Cattanach, Peoples State Bank president and CEO. “She’ll play a critical role in supporting our strategic goals while maintaining the high standards of delivery our customers expect.”
Norrbom brings over 30 years of experience in the banking industry, most recently serving as vice president of commercial lending of a Wausau-based financial institution. Rhonda has a proven track record of building and managing portfolios with strong credit quality, fostering client relationships, and guiding teams through evolving market conditions.
“I’m honored to join Peoples—a bank that is so clearly dedicated to its customers and communities,” said Norrbom. “I look forward to working with the talented team here to support responsible growth and help our customers achieve their financial goals.”
Norrbom is actively involved in her church and looks forward to connecting and engaging with the local business community.
Peoples State Bank is a community bank headquartered in Wausau, Wisconsin, serving north, central, and southeast Wisconsin from twelve full-service banking locations in Marathon, Oneida, Vilas, Portage, Waukesha, and Milwaukee Counties. Peoples was founded in 1962 and has total assets of $1.5 billion. Peoples is an Equal Housing Lender and Member FDIC. More information about Peoples can be found at www.bankpeoples.com.
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. PSB Holdings, Inc., the parent company of Peoples State Bank, trades its common stock under stock symbol PSBQ on the OTCQX Market.