Peoples State Bank has announced the opening of a commercial lending office in Dane County at 602 Pleasant Oak Drive, Suite E, in Oregon. Kevin Ile, assistant vice president/commercial banker, will offer commercial and industrial loans to businesses throughout Dane County.
The Dane County Commercial Lending Office is Peoples State Bank’s first location in Dane County. It will primarily target the needs of small to mid-size business owners looking for tailored financial solutions and a consultative approach to fit their commercial lending and business banking needs.
“We currently have $15 million in commercial loans in Dane County,” said Pat Heier, Peoples State Bank senior vice president/commercial banking lead. “We felt now was the right time to invest even more resources into the Dane County area to provide our brand of superior customer service for our current customers and new potential relationships.”
Ile will be responsible for business banking development in the greater Dane County area, including commercial lending for business customers. The leadership of the market is also supported by Peoples Vice President Adam Siewert. Ile joined Peoples in early 2021 and recently moved with his family to the Oregon area to lead this new office.
“My move to the Oregon area fits with Peoples’ desire to expand into a new market and aligns with my professional and personal goals,” said Ile. “I’m excited for the opportunity to provide sound lending and banking solutions to match the strategic growth plans of business owners throughout Dane County.”