PSB Holdings

PSB Holdings owns and operates Peoples State Bank, a commercial community bank established in 1962 and headquartered in Wausau, Wisconsin. Peoples State Bank serves approximately 17,000 retail households and commercial businesses through its 143 full-time employees. The bank operates a network of nine full-service locations in north central Wisconsin, including five in the greater Wausau, Wisconsin area, and additional locations in Rhinelander, Minocqua, and Eagle River. The primary market area has a combined population of approximately 192,000. As of December 31, 2014, PSB Holdings held $735 million in total assets and maintained the second highest deposit market share in Marathon County, Wisconsin. The bank provides general commercial and retail banking services to individuals, businesses, and governmental units. Commercial lending products include lines and letters of credit, secured and unsecured term loans, equipment and lease financing, and commercial mortgage lending. Commercial customers also have access to cash management, lockbox, and merchant banking products, including tools for deposit account fraud protection and on-site electronic commercial deposits. Personal banking services encompass checking accounts, savings and time deposit accounts, a local ATM network, online and mobile banking, credit and debit cards, installment and other personal loans, and long-term fixed-rate mortgage loans. In addition to traditional banking products, the bank offers brokerage and financial advisory services, including the sale of annuities, mutual funds, other investments, and retirement financial planning consultation services.