WAUSAU — Peoples State Bank announced this week the promotion of Jared Morris to senior credit officer.
In his new role, Morris will partner with commercial bankers to ensure loan policies are applied to new and existing loans, improve credit policy exception monitoring and reporting systems, and develop small credit management policies and procedures to increase commercial loan delivery efficiency. He will also coordinate consideration of potential loan policy and procedural changes and discuss expected benefits with senior management and the lender group.
“I look forward to building upon the strong credit culture of Peoples State Bank, while streamlining the credit function for continued growth and customer delivery,” Morris said in a Peoples State Bank news release.
Morris is considered one of Peoples’ best young bank professionals.
“Jared has progressively grown in credit knowledge and effective staff management during the past several years and has earned these greater responsibilities,” said President & CEO Scott Cattanach in the release. “His strong communication skills along with commercial credit underwriting knowledge will improve our credit delivery efficiency while providing an independent review of commercial loan origination and ongoing credit monitoring.”
Morris holds a finance degree from University of Wisconsin-Oshkosh and has eight years of experience in the banking industry. Six of those years have been at Peoples, where he started as a credit analyst in 2012 and later promoted to commercial credit supervisor and assistant vice president-credit administration.