Peoples State Bank Provides $25,000 Grant to De Niz Child Care Center, LLC
Wausau, Wis. (January 22, 2024) Peoples State Bank provided a $25,000 grant to De Niz Child Care Center, LLC of Milwaukee. The money is part of a Federal Home Loan Bank (FHLB) of Chicago “Community First Accelerate Grant” to support business growth and development of small businesses in Wisconsin and Illinois.
“De Niz Child Care Center provides critical child-care services to families in Milwaukee,” said Peoples State Bank Commercial Banking Officer Jose Pimienta, Jr. “It’s great to know the grant will be reinvested into a business that supports Milwaukee and the families who live and work here.”
The grant will provide funding to upgrade its security camera system and will be used to install new windows and doors and purchase new tables. “We’re absolutely amazed at this $25,000 grant,” said Agueda De Niz Romero, Owner of De Niz Child Care Center. “The children and families we serve will be so happy with the updates that we will make to improve the services we provide to them.”
The purpose of De Niz Child Care Center LLC is to provide an educational method of individual learning for each child, dependent on their skills and abilities. They offer an environment full of experiences for every child who attends.
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. 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.
Federal Home Loan Bank of Chicago’s (FHLBank Chicago) Community First Accelerate Grant provides members with finances to support business growth and development of small businesses in Wisconsin and Illinois. For more information, visit fhlbc.com.