Peoples Hires Stephen DeLassus

DeLassus Joins Milwaukee-area Commercial Banking Team


Wausau, Wis. (February 15, 2024) Peoples State Bank announces the hire of Stephen DeLassus to the bank’s southeastern Wisconsin commercial banking team. DeLassus will be charged with helping to lead the Milwaukee area commercial banking team.

“In a short time in the market, Peoples has built a great reputation as a community bank that puts its customers and employees first,” said DeLassus, vice president and commercial sales team leader. “I’m excited to bring my commercial banking experience to Peoples and to help lead the growing banking team in the greater Milwaukee area.”

In his new role at Peoples, DeLassus will assist the southeastern Wisconsin business bankers in building client relationships. He brings more than 18 years of experience in commercial banking, most recently helping develop a team of commercial bankers at an established southeastern Wisconsin bank. DeLassus will work closely with Jeff Musa, Peoples’ southeastern Wisconsin market president.

 “Stephen’s experience, especially in developing a top-notch sales team, is just what Peoples looked for in this new position. He’s personable, well-connected, and understands that every customer has unique banking needs,” said Jeff Musa, Peoples State Bank regional president, southeast Wisconsin. “He’ll be an asset to our commercial banking team, but beyond that, his banking experience will help all facets of our growing Milwaukee-area banking efforts.”

DeLassus is a Michigan native who has lived in greater Milwaukee for nearly twenty years. He studied business administration and finance at Valparaiso University. DeLassus spends time with his family, his son’s activities, and volunteering for various non-profit organizations. 

Contact Stephen DeLassus with your banking questions by calling 888.929.9902 or

Peoples State Bank is a community bank headquartered in Wausau, Wisconsin, serving north, central, and southeast Wisconsin from eleven full-service banking locations in Marathon, Oneida, Vilas, Portage, Waukesha, and Milwaukee Counties, and loan production offices in Dane and Milwaukee Counties. Peoples was founded in 1962 and has total assets in excess of $1.4 billion. Peoples is an Equal Housing Lender and Member FDIC. More information about Peoples can be found at

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.