MADISON HEIGHTS, Mich., Nov. 8, 2005 (PRIMEZONE) -- Peoples State Bank announced a new service to customers -- Peoples Investment Center, with financial advisor, John Broughton. The announcement was made by Robert L. Cole, President and CEO.
John Broughton, who represents Vision Investment Services, will work exclusively for Peoples State Bank at their 12 southeastern Michigan banking center locations. John has 12 years experience in the investment business, with the past 10 years spent as a bank investment advisor. Some of the products and services Peoples Investment Center will be offering include: Retirement Planning, 401 (k) Rollovers, Mutual Funds, Annuities, College Plans, Trust Services and Brokerage Services.
Broughton, a Wayne County resident, has a Bachelor of Science Degree in Business Administration from Bellevue University, Omaha, Nebraska. John served in the USAF on active duty as a meteorologist from 1982-1993, and is currently an active member of the Michigan Air National Guard. He is passionate about helping people understand investment choices, and adds a personal touch to helping clients achieve their financial goals.
Peoples State Bank, a locally owned community bank founded in 1909, is a subsidiary of PSB Group, Inc. (OTCBB:PSBG), a bank holding company. The bank currently serves southeastern Michigan with 12 offices in Farmington Hills, Fenton, Grosse Pointe Woods, Hamtramck, Madison Heights, St. Clair Shores, Southfield, Sterling Heights and Warren. As of October 31, 2005, the total assets of PSB Group, Inc. stood at $489,057,000.