The future location of Peoples Savings Bank in Reinbeck. CONTRIBUTED PHOTO/GRAPHIC

REINBECK – Peoples Savings Bank is proud to announce they will be opening their fourth location, in Reinbeck. With a mission to enrich the communities they serve, PSB is passionate about supporting small-town communities in the heart of Iowa. With a strong culture of supporting local schools, businesses, and families, the bank is excited to become an active part of the Reinbeck community.

“As a bank, we’ve always believed that when small towns succeed, we all succeed,” Eric Olson, President and CEO of Peoples Savings Bank, said. “Reinbeck is a perfect fit for our values. They have hardworking people, a great school system, and strong local businesses. We’re committed long-term to support that in every way we can.”

The new Reinbeck location will be home to Senior Commercial Lender Jeremy Thesing, who brings not only deep industry expertise but also deep local roots. Born and raised in Reinbeck and now raising his own family there, Jeremy understands firsthand the opportunities and challenges local businesses face.

“It means a lot to me to be working in the town I grew up in,” Thesing said. “I love my hometown and I’m excited about the opportunity to build trust and earn business there.”

Joining Thesing is Personal Banker Ali AL-Rabie, who also lives in Reinbeck and brings a wealth of banking experience to the team. AL-Rabie shared, “I have missed my local connections and I am excited to serve my community again.”

Nestled along Center Street and Grundy Avenue, the new location will offer a full range of personal and business banking services, with an emphasis on relationship-based lending, personalized customer service, and local decision-making.

The new location is expected to open in 2026.