PSB Group, Inc. is bank holding company. The company is formed for the purpose of owning Peoples State Bank (the Bank). The Company provides customary retail and commercial banking services to its customers, including checking and savings accounts, time deposits, safe deposit facilities, commercial loans, real estate mortgage loans, installment loans, individual retirement accounts (IRAs) and night depository facilities. The Bank’s deposits are insured by the Federal Deposit Insurance Corporation (FDIC) to applicable legal limits and the Bank is supervised and regulated by the FDIC and Michigan Office of Financial and Insurance Regulation, Division of Financial Institutions.