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Thursday, November 26, 2009, 9:14AM ET - U.S. Markets Closed for Thanksgiving Day. Dow Up 0.29% Nasdaq Up 0.32%
PSB Group Inc. (PSBG.OB)On Nov 25: 1.95  Up 0.46 (30.87%)  
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PSB Group Inc.
1800 East Twelve Mile Road
Madison Heights, MI 48071
United States - Map
Phone: 248-548-2900
Fax: 248-399-7905
Web Site: http://www.psbnetbank.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Midwest Banks
Full Time Employees:136

BUSINESS SUMMARY 
PSB Group, Inc. operates as the holding company for Peoples State Bank, which provides retail and commercial banking products and services to small and medium sized businesses, and consumers in the Michigan communities of Wayne, Oakland, Macomb, and Genesee counties. The company offers commercial checking and small business checking products; individual retirement accounts; and retail deposit services, such as certificates of deposits, money market accounts, savings accounts, and checking account products. It also offers commercial loans, including commercial real estate loans, operating lines of credit and various commercial term loans, construction loans, and SBA-guaranteed loans; real estate loans that include residential mortgages; construction loans; and consumer loans, such as personal unsecured lines of credit, personal installment loans, automobile loans, credit cards, and home equity loans. In addition, the company provides automated teller machines, point of sale and electronic services, safe deposit boxes, foreign drafts, foreign currency exchanges, night depository services, travelersÂ’ checks, merchant credit cards, direct deposit of payroll, U.S. savings bonds, official bank checks, and money orders. Further, it offers Internet banking and investment advisory services. As of December 31, 2008, PSB Group operated 11 branch offices and 2 mortgage loan production offices. The company is based in Madison Heights, Michigan.
Key Statistics

COMPANY WEBSITES 
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    KEY EXECUTIVES 
     PayExercised
    Mr. Michael J. Tierney , 54
    Chief Exec. Officer, Pres, Director, Member of Exec. Committee, Member of Directors Loan Committee, Member of Compensation & Benefits Committee, Member of Investment & Asset/Liability Management Committee, Member of Officers Loan Committee, Member of Strategic & Long Range Planning Committee, Chief Exec. Officer of Peoples State Bank, Pres of Peoples State Bank of Peoples State Bank
    $ 403.00KN/A
    Mr. David A. Wilson , 48
    Chief Financial Officer, Principal Accounting Officer, Sr. VP and Sec.
    N/A N/A
    Mr. Michael J. Banks , 50
    Chief Lending Officer and Sr. VP
    $ 237.00KN/A
    Mr. Jeffrey L. Moore , 52
    Chief Credit Officer, Exec. VP and Member of Officers Loan Committee
    $ 207.00KN/A
    Mr. Vincent J. Szymborski , 49
    Sr. VP of Retail Operations
    $ 189.00KN/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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