Our History

We value and place our customers' interests first.

We strive to deliver the highest degree of personalized service and attention in every business relationship. Our customers have become our best referral source by telling their families, friends and neighbors about the quality and value they receive at Upper Peninsula State Bank.

We have an enduring reputation and ongoing interest in building economically healthy communities.

After all, we live, work and play here - we know the value living in Michigan's beautiful Upper Peninsula brings to us. As a matter of business, we provide financial services and build the flow of commerce, we put people in homes, cottages and camps, we put them in vehicles, whether for work necessity or personal recreation, and above all, we provide a safe and secure place to plan for their retirement. But we do more. We keep a constant watchful eye on the horizon with a goal of bringing our customers new and innovative products and services. We support local charities, not just financially, but with physical and mental commitment.

We value our heritage.

We realize that if it were not for our predecessors - both employees and customers, this institution would not exist today. We recognize that we are merely today's custodians of what was built by great people in the past and will someday be managed by a new team in whom we will place our trust. We place a high value on growing, protecting, guiding and nurturing this fine organization.

We value the fact that we are a true community bank.

With a board of directors that is comprised of local community minded individuals who possess both a tremendous sense of community and a business mind that has withstood the test of time. Our decision makers are our officers whose spoken words and actions are based upon what is seen and heard here locally in this community - not some far away headquarters that has no eyes, ears or sense of feel in our community. Yes, we value our local knowledge and the empowerment to use it through our decision making capabilities for the benefit of the communities we serve. Our ownership is distributed among many in our community, rather than to a few family members. This means that the benefits of ownership transcend to many in our community, not just a few. For obvious reasons, we place a high value on this and believe those in our community would also.

We value our employees.

We recognize that without them, we would cease to exist. We believe in team spirit and maintaining high employee morale. Customers are well served by employees who are well served.

Not least, we believe in creating value for our shareholders.

We are a well capitalized bank. Through prudent risk management, reinvestment into technology and equipment, commitment to our employees, we intend to continue to create additional value for our shareholder.