PSB Holdings Inc. (PSBQ)

Overview

PSB Holdings, Inc. serves as a holding company for Peoples State Bank, a comprehensive financial services provider catering to individuals and businesses primarily within Wisconsin. Established in 1962 and headquartered in Wausau, Wisconsin, PSB Holdings, Inc. extends a variety of retail consumer and commercial banking products and services, positioning itself as a key financial institution in the region.

Products and Services

PSB Holdings, Inc. offers an extensive range of products and services designed to meet the diverse needs of its customers, including:

• Personal and Business Bank Accounts: The company provides an array of account options, such as checking, savings, individual retirement, and health savings accounts, in addition to money market accounts and certificates of deposit. It also offers CDARS (Certificate of Deposit Account Registry Service) for those looking for insurance coverage beyond the typical limits.
• Debit, Prepaid, and Credit Cards: To facilitate secure and convenient transactions, the bank offers various card options, including debit, prepaid, and credit cards, catering to different spending preferences and needs.
• Mortgages and Loans: A wide range of loan products is available, including fixed-rate mortgages for homebuyers, alongside commercial and industrial loans, municipal lending, agricultural financing, construction and land development loans, and more. PSB Holdings also covers residential real estate, consumer loans, as well as specific products like auto, personal, and student loans.
• Equity Lines and Overdrafts: For homeowners looking to leverage their home's equity, the company provides home equity lines of credit and loans. Additionally, it offers overdraft protection services to help customers manage their finances more efficiently.
• Business Financing: Recognizing the diverse needs of businesses, PSB Holdings provides business lines of credit, equipment financing, healthcare specialty lending, SBA loans, and business real estate financing to support various business activities and expansion plans.
• Cash Management Services: To assist businesses in managing their cash flow and financial operations more effectively, the company offers an array of cash management services, tailored to meet the unique needs of its corporate clients.
• Online and Mobile Banking: Embracing the convenience of digital banking, PSB Holdings, Inc. provides comprehensive online and mobile banking services, allowing customers to manage their accounts, pay bills, and conduct various banking transactions remotely.
• Additional Services: Other offerings include private banking services for individuals seeking more personalized financial management and investment solutions, commercial treasury management services for businesses looking to optimize their financial operations, and e-statements for an environmentally friendly alternative to paper statements.