MADISON HEIGHTS, Mich., May 17, 2007 (PRIME NEWSWIRE) -- Peoples State Bank (a subsidiary of PSB Group, Inc. (OTCBB:PSBG)) announced the promotion of Heather Lardomita. The announcement was made by Michael J. Tierney, President and CEO.
Heather Lardomita was promoted to Managed Assets Officer at the Warren office at 13 Mile and Ryan Road. Previously she was a Managed Assets Representative at the same location. Ms. Lardomita started her career with Peoples State Bank as a Collector. Ms. Lardomita has a total of 4 years' experience working with Managed Assets and Collections.
Ms. Lardomita, a Macomb County resident, will be responsible for the administration of Managed Asset Loans including foreclosures, repossessions, and bankruptcies. She currently attends Baker College, concentrating in Accounting.
Peoples State Bank, a locally owned community bank founded in 1909, is a subsidiary of PSB Group, Inc., 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, Troy and Warren. Total assets of the bank as of March 31, 2007 exceeded $500,000,000.
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