Peoples State Bank has hired Erik Rajek as its chief credit officer. Rajek has nearly two decades of experience in commercial loans and credit, including on SBA loans through his work as a business development officer.
“Peoples State Bank is known for being a well-managed bank with exceptional financials and loan portfolios,” Rajek said. “I’m honored to join the executive team, providing oversight on the increasing complexity of credit risk.”
Scott Cattanach, Peoples Bank president and CEO, said Rajek’s “experience and passion for the industry, combined with his commitment to the greater Wausau area will serve him well in this leadership position.”
Rajek has a Bachelor of Arts degree in economics from the University of Wisconsin-Madison.