Peoples State Bank
Peoples State Bank Overview
The generated data is based on reviews and questionnaires provided by PissedConsumer.com users.
Overall sentiment is negative with recent recommendations to avoid doing business with Peoples State Bank and reports of poor customer service, limited product diversity, and a high price level.
Key Takeaways for Future Customers
- Read Peoples State Bank reviews before committing to loans or accounts.
- Expect potential issues with loan restructuring and account access based on reported experience.
- Consider alternatives if concerned about customer service or high fees impacting billing and refunds.
Negative Feedback / Risk Areas
- Allegations of refusal to restructure loans and freezing accounts during disputes, cited in Peoples State Bank customer complaints.
- Poor customer service and limited product diversity cited as recurring problems.
Positive Feedback
No positive feedback was provided in the available reviews.
The generated data is based on reviews and questionnaires provided by PissedConsumer.com users.
Overall sentiment is negative with recent recommendations to avoid doing business with Peoples State Bank and reports of poor customer service, limited product diversity, and a high price level.
Key Takeaways for Future Customers
- Read Peoples State Bank reviews before committing to loans or accounts.
- Expect potential issues with loan restructuring and account access based on reported experience.
- Consider alternatives if concerned about customer service or high fees impacting billing and refunds.
Negative Feedback / Risk Areas
- Allegations of refusal to restructure loans and freezing accounts during disputes, cited in Peoples State Bank customer complaints.
- Poor customer service and limited product diversity cited as recurring problems.
Positive Feedback
No positive feedback was provided in the available reviews.
Tucson, Arizona
Unethical Business Practices
- Bank refused to restructure the loan after renter bankruptcy; froze the account and kept four months of payments; property was re-leased.
Peoples State Bank of Wausau, Wisconsin is the Worst Bank that I have Ever worked with as a business owner for over 50 years. I am an out of state commercial property owner who made the mistake of placing $1,000,000.00 down on a Multi-Million Dollar commercial property where payments had consistently been made in a timely manner for ten years, and when the renter filed bankruptcy and bailed on the lease, Peoples State Bank of Wausau, Wisconsin Denied and Refused to Consider to Restructure the loan.
We Leased the building with a new renter shortly thereafter. There was Cash in the Account in Peoples Bank to Cover Four More Months Payments. Peoples State Bank Chose to Freeze the Account and Refused to Withdraw the Payments, and Declared US In Default. Payments were never late nor missed, and Peoples Bank Refused To Withdraw Payments From The Peoples State Bank Account That Had Four Months Payments IN People State Bank.
THEY REFUSED TO CONSIDER RESTRUCTURE OF THE LOAN EVEN THOUGH THE PROPERTY WAS RE-LEASED. Any other bank would have restructured the loan, but People State Bank of Wausau, Wisconsin was only interested in Bankrupting Us.
Peoples State Bank is not Of The People, By the People, Much Less For The People other than the People receiving W2 forms from Peoples Bank. They are not Ethical, Moral, and cannot be trusted.
Avoid Peoples State Bank at all cost because the cost is too high doing business with Peoples State Bank.
User's recommendation: Avoid Doing Business With People’s State Bank
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The bank is under no obligation to restructure the loan. You are required to pay X amount monthly as stipulated ten plus years ago.
Did you re-lease the property for less than original lease?
Did you make the bank nervous about you possibly not making the agreed to payments? Those payments all fall on you.