Business people shaking hands in a meeting

Executive Management

Scott M. Cattanach

President & CEO

Meet Scott

Katie Tolokken

Vice President & COO

Meet Katie

Jessica Barnes

Senior Vice President, Chief Financial Officer

Meet Jessica

Robert McPherson, CRCM

Vice President, Risk Management

Meet Robert

Patrick Heier

Senior Vice President, Commercial Division Leader

Meet Patrick

Jeffrey Saxton

Vice President, Retail Group Leader

Meet Jeffrey

Tina Seidl, SPHR, SHRM-SCP

Vice President, Human Resources

Meet Tina

Erik Rajek

Senior Vice President, Chief Credit Officer

Meet Erik

Meet Scott

Scott has served as Peoples State Bank President and CEO since 2018 and also leads the bank’s holding company, PSB Holdings, Inc. (OTCQX: PSBQ). After 11 years of serving various clients at Wipfli LLP, Scott joined Peoples as Chief Financial Officer in 2002. Scott has more than 30 years helping community banks set and execute strategic priorities for growth and success for the benefit of customers, shareholders, and their communities.

Scott has a passion for bringing people together with the tools for a stronger financial foundation for their family or business. Scott currently serves as a director of the Northcentral Technical College Foundation and the Greater Wausau Prosperity Partnership. He is a past director of the Community Foundation of Northcentral Wisconsin, Christian Life Communications, Inc (WCLQ Radio), and MC United Soccer Club.

Meet Katie

Katie joined Peoples in the fall of 2023. She is responsible for managing the bank's operational departments, working closely with department heads and supervisors to support daily bank operations. Her teams include Peoples' deposit and loan servicing operations, information technology and systems, project management, and facilities. She joined Peoples with more than 25 years of work in banks and credit unions, including three years as chief operating officer of a $1 billion total assets La Crosse area credit union.

Tolokken is a Ladysmith native, earning a Bachelor of Science degree in finance and a Master of Business Administration from the University of Wisconsin-La Crosse. In her spare time, she and her husband enjoy Wisconsin's outdoors, including hiking, boating, and fishing.

Meet Jessica

As Chief Financial Officer (CFO), Ms. Barnes is responsible for all financial aspects of Peoples State Bank. She joined Peoples in the summer of 2022, after spending more than 25 years as a certified public accountant (CPA), nearly all in the banking industry. Prior to joining Peoples, Ms. Barnes served as a CFO for a $5 billion credit union in Wisconsin, CFO for a community bank in Wisconsin, and leadership positions at several large banks. She held the position of senior audit manager at a Wisconsin-based CPA firm. Ms. Barnes serves on various non-profit boards of directors and committees, including LEAVEN in Menasha, Wisconsin, which provides financial assistance, resource coordination, and case management for families in financial distress.

Meet Robert

Mr. McPherson joined Peoples in 2019. He oversees Peoples’ risk management processes, compliance with bank regulations and disclosures, external examiners and internal audit. Mr. McPherson has more than 12 years experience in mortgage compliance and quality control, providing Peoples and our customers the assurance we’re acting with integrity and complying with laws, rules, regulations and policies that reinforce that behavior. Mr. McPherson is active in his community, volunteering for a neighborhood connection program that provides resources to engage neighbors to support and empower one another.

Meet Patrick

Mr. Heier joined Peoples in the fall of 2007. Under the leadership of Mr. Heier, the commercial team has shown significant growth in its customer base, while maintaining sound asset quality. Prior to joining Peoples, Mr. Heier was a regional president of Associated Bank and has held several divisional and sales management roles in regional and national banks. He is currently a board member of the Wisconsin Woodchucks. Mr. Heier is a Big Brother for the Big Brothers Big Sisters of Central Wisconsin and has volunteered for several organizations.

Meet Jeffrey

Mr. Saxton leads the Peoples retail team, providing direction to our retail, mortgage, and wealth management staff. With over 16 years of retail, sales management, and lending experience, Mr. Saxton will continue to guide Peoples retail team into the digital banking platforms our customers have come to need while maintaining the customer service attention to which they’ve grown accustomed. Outside of finding new and effective ways to help customers, he participates on the GSB Alumni council and Wisconsin Bankers Association Retail Committee and is a 2019 graduate of the Graduate School of Banking at the University of Wisconsin.

Meet Tina

Ms. Seidl oversees the Peoples human resources team, supporting and growing workforce culture, developing and implementing HR policies, and establishing training opportunities for the Peoples employees. Ms. Seidl joined the Peoples team in 2020, bringing more than 15 years of human resources experience in both the healthcare and financial fields. She has earned both the Senior Professional in Human Resources (SPHR) and Society for Human Resources Management – Senior Certified Professional (SHRM-SCP) designations.

Meet Erik

Erik Rajek joined Peoples in January 2022, as vice president and chief credit officer, and was promoted to senior vice president in 2024. His credit team is responsible for risk assessment on new and problem loans, and recently Rajek began building the bank’s Small Business Administration (SBA) 7a guaranteed commercial loan program. Rajek has nearly two decades of experience in commercial loans and credit work. His experience includes working on U.S. Small Business Administration (SBA) loans and as a business development officer.