Peoples State Bank
Business Beneficial Ownership Information Filing Deadline is Fast Approaching
The Corporate Transparency Act (CTA) — requires certain entities, including many small businesses, to report information about the individuals who ultimately own or control them (also known as their “beneficial owners”) to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury. The original deadline for many businesses was January 1, 2025. Due to a federal court order, that deadline and the requirement to file with FinCEN was blocked. However, as of December 23rd, a federal Court of Appeals decision reinstated the requirement to register and the effective date for many businesses to register is now January 13, 2025. For information on if your business must register its Beneficial Ownership Information (BOI) with FinCEN, please visit FinCEN's Beneficial Ownership Information page.
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Our Commitment
True Community Requires True Commitment
Here at Peoples State Bank, we are dedicated to helping our community. We believe in helping others, building long term relationships, and giving back to the neighborhoods we serve. We are committed to making our community a better place to live, work and play.
"Knowing is half the battle" was a popular line in a children's cartoon in the 80's. That phrase holds a lot of truth. We strive to provide you with information on current scams and safety concerns to keep you, your family and friends protected.
Looking for a rewarding career with a community bank? When you join the Peoples State Bank team, it is more than just a job, it is about making a difference. We are looking for friendly, energetic people that are committed to helping us serve our community for generations to come.