PSB Holdings, Inc., the parent company of Peoples State Bank, Wausau, Wis., announced that for the 13th consecutive year, it has ranked among the nation’s “Top 200 Community Banks.” American Banker Magazine lists PSB Holdings, Inc. as the 105th top-performing bank, the second-highest rank of any Wisconsin bank eligible for consideration. American Banker Magazine released performance data and rankings in their May 2022 publication.
“Consistent recognition in this list of top performers demonstrates Peoples’ strong financial foundation for our customers and shareholders,” said Scott Cattanach, president and CEO of Peoples State Bank. “This continued ranking affirms our approach that doing the right things for our customers supports their success and our community while meeting the goals of our many shareholders.”
Community banks — like Peoples State Bank — are vested in improving the quality of life for their customers and employees in the communities they serve. American Banker ranks the Top 200 Community Banks based on the three-year average return on equity. Of the five banks in Wisconsin included on the list, PSB Holdings, Inc. continues to be the only bank based in central Wisconsin.