WAUSAU — PSB Holdings, Inc., parent company of Peoples State Bank in Wausau, has ranked for the 10th consecutive year in the American Banker Magazine’s Top 200 Community Banks list, as the 53rd top performing community bank in the nation, Peoples announced today.
“Reaching a milestone of 10 straight years in the top 200 community banks in the nation is an achievement our entire team is proud of,” said Scott Cattanach, president and CEO of Peoples State Bank. “This continued ranking affirms our approach that doing the right things for our customers with valuable banking products increases our profitability and supports community growth.”
S&P Global Market Intelligence reviewed 601 publicly traded banks with less than $2 billion in assets as of Dec. 31, 2018 for the ranking. The ranking was based on three-year average return on average stockholders’ equity.
Performance data and rankings were released in the American Banker Magazine’s May 2019 publication.