Commercial Lending Office to Help Business Customers in Dane County
Wausau, Wis. (February 13, 2024) Peoples State Bank 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.”
Peoples Dane County commercial lending office is open for appointments by calling 608.291.0099.
Peoples State Bank is a community bank headquartered in Wausau, Wisconsin, serving north, central, and southeast Wisconsin from eleven full-service banking locations in Marathon, Oneida, Vilas, Portage, Waukesha, and Milwaukee Counties, and loan production offices in Dane and Milwaukee Counties. 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.