Peoples Hires Tou Ger Xiong

photo of Tou Ger XiongPeoples Hires Tou Ger Xiong


Wausau, Wis. (July 26, 2022) Peoples State Bank announced Tou Ger Xiong has joined the Peoples team as a Private Banker. Xiong will provide convenient and personalized private banking services for Peoples’ Private Banking customers. 

“Throughout his career, Tou Ger has worked with high-value relationships and complex situations,” said Meredith Otte, Peoples State Bank vice president, Private and Commercial Banking. “His ability to navigate situations and deliver a high level of service with excellent communication will serve our Private Banking clients well.”

Xiong’s experience consists of 17 years in the financial industry. Seven of those years include relationship management with the top-tier customers of the organization. He is scheduled to complete his MBA at the University of Wisconsin-Stevens Point at the end of August 2022.

“Working with Peoples’ private banking customers, my first goal is to understand their present situation and what their future goals might be,” said Xiong. “Then, with a high level of confidentiality, I’ll work with them to provide sound financial solutions.”

Xiong will be based at Peoples’ Stewart Avenue location and will serve private banking customers throughout Wisconsin as Peoples expands their Private Banking program. Xiong has lived in Wausau nearly all his life. He’s been married for six years and has three beautiful daughters. Xiong gives back to the community by serving as a sergeant in the Wisconsin Army National Guard and has been on many state active-duty missions throughout his 11-year career.

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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 and 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 the stock symbol PSBQ on the OTCQX Market. Peoples is an Equal Housing Lender and Member FDIC.