Aug. 14, 2006

August 14, 2006: Putnam Savings Bank announces the opening of its new Branch Office located in the Putnam Price Chopper Supermarket located in the Riverfront Commons on Kennedy Drive.

The new office offers Putnam Savings Bank customers the convenience of full-service banking seven days a week combined with one-stop shopping. The hours of the new office are Monday through Friday 10:00 a.m. to 7:00 p.m., Saturday from 10:00 a.m. to 4:00 p.m., and Sunday from 11:00 a.m. to 4:00 p.m. A 24-hour ATM is also located at the branch.

"We are so excited to be able to provide our customers with the ability to bank seven days a week," said Chairman &CEO Thomas Borner. "While convenience is of utmost importance, we made every attempt to ensure that the supermarket branch is as comfortable as our other offices and that it provides a similar level of privacy in which to transact business."

The new office will be headed up by Branch Manager Barbara Goloski. Ms. Goloski is a seasoned banking veteran with over 16 years of experience with Putnam Savings Bank. Barbara will be assisted by: Kimberly Bettencourt, Head Teller/Customer Service Representative; and Tellers Sarah Therrien, Denise Recko, Sharon McLaughlin, and Rachel Eddy.

Putnam Savings Bank will hold an official Ribbon Cutting Ceremony on Friday, August 25 at 8:30 a.m. The public is invited to join in the festivities from 8:00 to 9:00 a.m. Local radio station WINY will provide on-air coverage.

This office represents Putnam Savings Bank's first supermarket branch and brings the total number of branches to seven. In addition to its headquarters on Main Street in Putnam, other branches are located in Pomfret Center, Danielson, Plainfield, Griswold and Gales Ferry.

Front row (l to r): Barbara Goloski, Denise Recko
Back Row (l to r): Rachel Eddy, Sarah Therrien, Kim Bettencourt, Sharon McLaughlin