Erik Rajek
WAUSAU, Wis., — Senior vice president Erik Rajek has been promoted to commercial group leader of Peoples State Bank.
“Erik brings significant experience to this role, with over two decades as a commercial banker and producer in multiple Wisconsin markets,” said Scott Cattanach, Peoples State Bank president and CEO. “He brings a fresh approach as we work together to elevate Peoples, by adding value and meeting customer needs with consistent service delivery and products through our commercial banker team across Wisconsin. Our customers and our bank will benefit from his leadership.”
Rajek joined Peoples in January 2022 and, one year later, was appointed to the executive team as senior vice president and chief credit officer. He has spearheaded the bank’s Small Business Administration (SBA) 7a guaranteed commercial loan program, and his credit team is responsible for risk assessment on new and challenging loans.
“I’m excited about this opportunity to lead our team of commercial bankers. They are knowledgeable and motivated. Together, we will continue to focus on key performance initiatives that will move our customers and the bank forward,” said Rajek. “I am committed to Peoples and passionate about this industry. The future is bright for our customers and shareholders.”
Rajek holds a Bachelor of Arts in Economics from the University of Wisconsin-Madison. He volunteers for several non-profits, including Habitat for Humanity and the Neighbor’s Place.