Michael Poniewaz Promoted to Senior Credit Officer
Wausau, Wis. (November 21, 2024): Peoples State Bank promotes Michael Poniewaz to senior credit officer and leader of the commercial credit team.
“Poniewaz holds a key position with our commercial bankers to ensure our loan originations meet our policy and profit goals,” said Scott Cattanach, Peoples State Bank president and CEO. “Michael has managed a well-performing group that responds quickly to commercial borrower needs, important for new market growth.”
Poniewaz joined Peoples in June 2021 and has been quickly advancing. “Michael goes above and beyond and is a true team player,” said Erik Rajek, senior vice president and commercial group leader. “He excels in commercial credit and service and has demonstrated leadership and accountability, which has led to his promotion to a Peoples officer.”
“I’m excited about this opportunity, which will allow me to work strategically to propel the commercial credit team and the bank forward,” said Poniewaz.
Peoples State Bank is a community bank headquartered in Wausau, Wisconsin, serving north, central, and southeast Wisconsin from twelve full-service banking locations in Marathon, Oneida, Vilas, Portage, Waukesha, and Milwaukee Counties, and a loan production office in Dane County. Peoples was founded in 1962 and has total assets in excess of $1.4 billion. Peoples is an Equal Housing Lender and Member FDIC. More information about Peoples can be found at www.bankpeoples.com.
Peoples provides financial services to business owners and individuals, as well as investment and retirement planning services through Peoples Wealth Management, a division of Peoples. PSB Holdings, Inc., the parent company of Peoples State Bank, trades its common stock under stock symbol PSBQ on the OTCQX Market.