Jeffrey Sklar Joins Public Savings Bank Board of Directors

HUNTINGDON VALLEY, Pa., Sept. 20 /PRNewswire/ -- Payment Solutions compliance expert Jeffrey Sklar is joining Public Savings Bank's Board of Directors. Public Savings Bank specializes in Payment Solutions products including ACH, Wire Transfers, and Remote Deposit Capture services.  

"Jeff's guidance on the board will reinforce both our commitment and our ability to grow our business wisely," said Jack Miller, CEO of Public Savings Bank. "His expertise in Payment Solutions compliance is particularly critical as we grow our Payment Solutions product line. We're thrilled to have him on the board."

Mr. Sklar is one of the foremost authorities on anti-money laundering compliance issues. He has developed Anti-Money Laundering AML compliance programs and training programs for MSB's broker/dealers, insurance companies, casinos, and traditional banking institutions.

Mr. Sklar serves as the Managing Director of SHC Consulting Group. He is a Certified Public Accountant, Certified in Financial Forensics, a Certified Anti-Money Laundering Specialist, and a Certified Fraud Specialist. He is the Co-Chairman of the Association of Certified Anti-Money Laundering Specialists Annual Conference (http://www.ACAMS.org).

About Public Savings Bank

Internet-based Public Savings Bank (PSB) was founded in 1928 and purchased by the current management group Gelt Financial, in 2006. Our corporate office is located in Huntingdon Valley, Pennsylvania, just outside of Philadelphia.

We believe in giving businesses and consumers fast, easy, and convenient ways to manage their money and their credit. We operate depository services on a national basis through leading technology. Our job is to bring the bank to you, our customer. We also offer a Secured Credit Card product for customers focused on building their credit responsibly.

For more information about Public Saving Bank, please call 888-8-PUBLIC (888-878-2542) or visit http://www.PublicSavings.com.

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SOURCE Public Savings Bank