UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

Form 8-K

CURRENT REPORT ~~Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934~~

~~Date~~Pursuant ofto ~~Report~~Section 13 or 15(~~Date~~d) of ~~earliest~~the Securities ~~event~~Exchange ~~reported):~~Act ~~July 27,~~of ~~2010 (July 22, 2010)~~1934

Date of Report (Date of earliest event reported): September 3, 2010 (August 30, 2010)

PSB GROUP, INC.

(Exact name of registrant as specified in its charter)

Michigan	000-50301	42-1591104
(State or other jurisdiction	(Commission File No.)	(IRS Employer
of incorporation)		Identification No.)


Michigan (State or other jurisdiction of incorporation)		000-50301 (Commission File No.)		42-1591104 (IRS Employer Identification No.)

1800 East Twelve Mile Road, Madison Heights, Michigan 48071 (Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (248) 548-2900

Not Applicable
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


ITEM 5.02		DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

~~On July 22, 2010,~~ PSB Group, Inc. (the “Company”) announced ~~that~~the ~~Henry~~separation ~~R. Thiemann, President and Chief Executive Officer~~ of ~~PSB~~service ~~Group,~~with ~~Inc.~~the ~~and~~Company’s Senior Vice President and Chief ~~Executive~~Lending Officer ~~of Peoples State Bank~~, aMichael ~~wholly~~J. ~~owned~~Banks ~~subsidiary~~effective August 30, ~~has~~2010 ~~been~~as ~~elected~~a toresult of the ~~Board~~Company’s ofreorganization. ~~Directors~~The ofCompany ~~PSB Group,~~does ~~Inc.~~not ~~and~~intend to ~~the~~search ~~Board~~for ofa ~~Directors~~replacement offor ~~Peoples State Bank~~Mr. Banks.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	PSB GROUP, INC.
Dated: July 27, 2010	by:	/s/ Henry R. Thiemann
Dated: September 3, 2010	By:	/s/ David A. Wilson
		Henry R. Thiemann
		David A. Wilson
		President and Chief Executive Officer
		Chief Financial Officer

Filing Compare · PSB GROUP INC