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Peoples Savings Bank Opens 6th Branch in New Melle


On July 13, 2011, Peoples Savings Bank announced they have received authorization from both the Missouri Division of Finance and the Federal Deposit Insurance Corporation to open a Peoples Savings Bank branch in New Melle, Missouri.

New Melle is located in St. Charles County south of Wentzville, east of Lake St. Louis and northwest of Defiance. New Melle is adjacent to State of Missouri owned Busch Wildlife.

Peoples Savings Bank will occupy space at 30 Muhm Center in New Melle. This was a location used by a large regional bank which pulled out of New Melle during the peak of the economic downturn.

Mark Laune, CEO/President of Peoples Savings Bank stated: “The loss of the existing bank in New Melle adversely impacted the community. Peoples Savings Bank is committed to “small town USA”. The demographics of the community largely follow the patterns of our other locations. We are excited by the community acceptance PSB has received during the application process. New Melle really wants a local hometown bank.”

Managing the branch is Don Meyer. Don has roots in New Haven and now lives in New Melle. “I am pleased to get back to banking basics. The answer is customer service and I know Peoples Savings Bank takes care of their customers. Having worked at bigger banks, the service and technology at Peoples Savings Bank competes strongly with theirs. We will definitely provide the best customer service possible”.

Peoples Savings Bank is charted by the State of Missouri as Peoples Savings Bank of Rhineland. While the charter is held in Rhineland the main branch and processing is done in Hermann. Beside Rhineland and Hermann, PSB has branches in New Florence, Montgomery City, and New Haven. New Melle will be PSB’s sixth branch.

Peoples Savings Bank is a privately held company, owned by many long-term stockholders who are pleased with the Bank’s performance and who are committed to keeping the bank private. Bart Toedtmann, Chairman of Peoples Savings Bank said,” We have families that have owned stock in Peoples Savings Bank for the entire 76 year existence of the Bank. They are committed to the communities we serve and we always feel we are a valuable asset to any community where we are located. That’s a major difference between a Community Bank and the large regional banks.”

The necessary equipment is being ordered as well as remodeling of the facility will occur. A September opening of the new branch is being planned. We will probably open the Bank; let the staff get used to the new Bank and a grand opening celebration will be planned to make sure everybody knows there is now a Bank back in town.

Peoples Savings Bank has received a 5 Star Rating by BauerFinancial. BauerFinancial reviews the publically available documents filed with the regulators to determine the stability of the banks as well as the soundness of their practices. Peoples Savings Bank received the 5 Star rating for the last 4 quarters. You can review any banks results by visiting www.BauerFinancial.com <http://www.BauerFinancial.com> .


Peoples Savings Bank is a Member FDIC.

 

Grand Opening/Ribbon Cutting at Visiting Angels Sept. 21

Visiting Angels will hold a Grand Opening and Ribbon Cutting at their new office location, 202 Triad Center in O’Fallon, at 11:30 a.m. on Wednesday, Sept. 21, 2011. The office is located in the Rizzo’s Shopping Center off Bryan Road (in a separate building to the left as you enter the parking lot.) Visiting Angels provides in-home assistance to seniors and has been serving St. Charles County and surrounding areas since 2009. Services include meal preparation, errands/shopping, hygiene assistance, light housekeeping, respite care for families, companionship, and up to 24-hour care if needed. Visiting Angels carefully screens all caregivers, and specializes in finding the best care giver suited for each individual patient/circumstance.
Mark Lamartina (whose son recently purchased The Gun Shop in New Melle) is a member of the New Melle Chamber of Commerce. Mark invites all chamber members and anyone from the community to attend the event. Lunch and refreshments will be served. For more information, call 636-695-4422 or visit www.visitingangels.com/westplex.

Grand Opening/Ribbon Cutting at The Gun Shop Sept. 24

The Gun Shop in New Melle is under new ownership and will hold a Grand Opening Saturday, Sept. 24, 2011 from 10 a.m. to 3 p.m. The New Melle Chamber of Commerce will conduct a ribbon cutting ceremony at 11 a.m. The public is invited to stop by for the ribbon cutting or anytime throughout the day. Lunch and refreshments will be provided.
The Gun Shop is located at 4648 Hwy. Z, across from the car wash. Hours are Tuesday and Thursday 10 a.m. to 8 p.m., Wednesday, Friday and Saturday 10 a.m. to 6 p.m.
As a grand opening special, the shop is offering a discount on Concealed Carry Classes for New Melle Residents, law enforcement spouses, firefighters/EMS, military/veterans, and customers purchasing a new gun. For more information, call 636.828.5652 or visit www.newmellegunshop.com.

Peoples Savings Bank Plans Mid September Opening in New Melle

The Peoples Savings Bank plans to open its new branch in New Melle by mid-September. The exact opening date is dependent upon installation of communications equipment, but is hoped to occur on or near Sept. 12, 2011. As previously announced, Peoples Savings Bank will be located at 30 Muhm Center in New Melle, at the location previously occupied by Commerce Bank.
In recent weeks, the interior of the facility has undergone some remodeling, and exterior improvements to the building, drive through, and parking lot have been done.
Branch Manager, Don Meyer said, “Peoples Savings Bank and our entire staff are very excited to be able to provide needed banking services to New Melle and the surrounding communities. Peoples Savings Bank has made a substantial investment in our new branch in New Melle and we are very pleased with the initial response that we have received. Peoples Savings Bank has also been very fortunate to bring together an experienced and professional staff to assist all of our clients in the New Melle area. In addition to myself, we are pleased to announce that the following staff members have joined Peoples Savings Bank: Tami Buxton, Operations; Amanda Becker, New Accounts and Travel & Discovery Club; Deborah James, Teller/New Accounts; Audrey Paul, Teller; and Shannan Miller, Teller. We look forward to serving the entire community and invite everyone to “Stop In” and see the new facility and meet our staff.”
Peoples Savings Bank is chartered by the State of Missouri as Peoples Savings Bank of Rhineland. While the charter is held in Rhineland the main branch and processing is done in Hermann. Beside Rhineland and Hermann, PSB has branches in New Florence, Montgomery City, and New Haven. New Melle will be PSB’s sixth branch.
Peoples Savings Bank is a Member FDIC and has received a 5 Star Rating by Bauer Financial for the last 4 quarters.
Anyone interested in setting up an account at Peoples Savings Bank can start the process online at www.ourpsb.com. Click on “Convenience Services.” follow the four steps and mail the forms to Peoples Savings Bank, P.O. Box 190, New Melle, MO 63365. For more information, contact People’s Savings Bank at 636.398.5600 (starting in mid-September) or 573-486-1444.

 

 


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