Peoples State Bank is Safe and Sound

A message from President and CEO John J. Blake III

When you think back to this time last year we were in the midst of a heated Presidential campaign. We were more concerned about keeping up with our politics than watching the Dow Jones Average! How quickly our lives have changed!

In less than a year we have seen the housing market go bust, we have watched the Dow Jones Average plunge and many of us now have seen our retirement funds evaporate. We have seen the reports on TV as millions of American’s have become unemployed. Locally we have seen the timber markets decline, Pilgrim’s Pride filed bankruptcy, and we have concerns about the future of the GM Plant in Shreveport. Does the economy have any bright spots? I think so and within every challenge exists an opportunity to rise above.

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