Grunloh Named to Peoples State Bank Board of Directors

Newton (Feb. 03, 2021) – – The Peoples State Bank board of directors are excited to report that at a
special meeting held at the end of 2020, Edward J. Grunloh was appointed as a director of the bank. Ed
will fill the vacancy left by the untimely passing of Tony Griffith in June of 2020.

Ed is the President of Grunloh Building, Inc., a multistate design-build, project management and
construction company located in Effingham, Illinois. Ed also has designed, built and has ownership of
multiple real estate developments. He is a 25-year Associate Member of The American Institute of
Architects, Chicago Chapter. Ed received his Associates Degree from Olney Central College and Bachelors
of Science in Architectural Studies from the University of Illinois Urbana-Champaign.

“Tony Griffith joined our board in 1993 and was a great director and friend. He was always very engaged
in the process and provided great insight into business operations. His absence will be felt for many
years to come,” said Stacy Moore, President of Peoples State Bank. “While no one can replace Tony, we
are thrilled to welcome Ed as a director. He brings a wealth of industry knowledge and management
experience to our board.”

Ed and his wife, Lori, live in Effingham and have 2 sons, Andrew and Patrick, who also reside in
Effingham and have recently joined the family business. In his spare time, Ed enjoys spending time with
family, biking, hiking, running and playing golf with friends.