Peoples State Bank of Menomonie and Boyceville announced this week that Steve Faulhaber has been named its Chief Credit Officer. He replaces Gary Timm who has been named its new president.
Faulhaber has been with Peoples State Bank for eighteen years, most recently holding the title of Regional Vice President. In his new position he will share time between the bank’s Wisconsin and Minnesota branches.
According to outgoing president, Richard Zabel, “Steve will do an outstanding job as Chief Credit Officer. He is an active community member who will work to make PSB a great place do business.” He belongs to the Sunrise Rotary and is on the Dunn County Revolving Loan Fund committee. He also works with Kids Against Hunger and the Nature Valley Grand Prix.
Peoples State Bank has offices in Boyceville and Menomonie in Wisconsin and Plainview, Elgin and Millville in Minnesota. It has assets of $190 million and is a member of the FDIC.