News Releases

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December 31, 2007: Putnam Bank is pleased to announce that Keith Mosher has joined the Bank as the newest member of the Commercial Lending team. view entire press release

December 26, 2007: Putnam Bank has earned a 5-Star Superior rating, the highest given, from Bauer Financial, Inc., the nation’s leading independent bank rating firm. view entire press release

December 18, 2007: Santa Claus came a little early this year for nine area food pantries thanks to a $3,500 contribution from the Putnam Bank Foundation. view entire press release

December 5, 2007: Thomas A. Borner, Chairman and Chief Executive Officer of PSB Holdings, Inc., today announced that the Company’s Board of Directors has declared a quarterly cash dividend of $.07 per share of the Company's common stock. view entire press release

November 20, 2007: For the second year in a row, Putnam Bank has been recognized by America’s Community Bankers (ACB) for its strong community involvement. view entire press release

November 6, 2007: Putnam Bank is proud to announce that Jitendra “Jay” Sinha was elected to the Board of Directors at the Annual Stockholders Meeting. view entire press release

November 2, 2007: Thomas A. Borner, Chairman & CEO announced today that Putnam Savings Bank has officially changed its name to Putnam Bank, effective November 2, 2007.  view entire press release

October 16, 2007: Putnam Savings Bank is pleased to announce that Michael L. Alberts, CFP® has joined the staff as Senior Vice President, Commercial Lending. Mr. Alberts brings over 20 years of experience in banking to his new position. view entire press release

October 16, 2007: PSB Holdings, Inc. (the “Company”) (NASDAQ: PSBH), the holding company for Putnam Savings Bank, reported net income of $539,000 or $.08 per basic and diluted share for the three months ended September 30, 2007 versus net income of $507,000 or $.08 per basic share and $.07 per diluted share for the three months ended September 30, 2006. view entire press release

September 6, 2007: Thomas A. Borner, Chairman and Chief Executive Officer of PSB Holdings, Inc. today announced that its Board of Directors approved a quarterly cash dividend of $.07 per share, a 17% increase over the prior quarterly dividend of $.06 paid on July 20, 2007. view entire press release

August 14, 2007: Putnam Savings Bank is proud to announce the following staff promotions and new hires: view entire press release

August 13, 2007: PSB Holdings, Inc. (the “Company”) (NASDAQ: PSBH), the holding company for Putnam Savings Bank, reported net income of $1.9 million or $.29 per basic share and $.28 per diluted share for the twelve months ended June 30, 2007 compared to net income of $2.1 million or $.31 per basic share and $.30 per diluted share for the twelve months ended June 30, 2006. view entire press release

August 2, 2007: PSB Holdings, Inc. (Nasdaq: PSBH) announced today that it has completed its stock repurchase program.  Under the completed program, announced in December 2005, the Company repurchased approximately 347,000 shares, or 5% of its then outstanding shares of common stock. view entire press release

May 16, 2007: Putnam Savings Bank has earned a 5-Star Superior rating, the highest given, from Bauer Financial, Inc., the nation’s leading independent bank rating firm.  view entire press release

May 10, 2007: New homeowner Sherry Anderson summed up her feelings about her new home best by saying, “it’s already filled with love”. That sentiment was echoed by the over 100 people at the recent Habitat for Humanity Dedication Ceremony. view entire press release

May 1, 2007: Putnam Savings Bank has announced that it will be rewarding customers for using their Putnam Savings Bank VISA® Check Cards.  view entire press release

April 19, 2007: PSB Holdings, Inc. (the “Company”) (NASDAQ: PSBH), the holding company for Putnam Savings Bank, reported net income of $294,000 or $.04 per basic and per diluted share for the three months ended March 31, 2007 compared to net income of $531,000 or $.08 per basic and per diluted share for the three months ended March 31, 2006. view entire press release

April 18, 2007: Putnam Savings Bank recently held its Annual Employee Awards Ceremony to recognize the achievements of its employees.  view entire press release

April 9, 2007: Putnam Savings Bank is pleased to announce that two of its employees, Barbara Rasmussen of the Accounting Department, and Sue Drew of the Plainfield Branch Office recently received Certificates in Supervision from Quinebaug Valley Community College.  view entire press release

April 5, 2007: Putnam Savings Bank announced that Laura Williams was promoted to Vice President and Operations Officer.  view entire press release

March 28, 2007: Putnam Savings Bank is pleased to announce that Bridget P. Joiner was recently awarded the Certified IRA Services Professional (CISP) designation from the Institute of Certified Bankers (ICB), a nonprofit organization sponsored by the American Bankers Association, in Washington, DC. view entire press release

March 22, 2007: Putnam Savings Bank has announced that Commercial Loan Officer, Robert P. Beeckman has successfully earned the prestigious designation as a RMA – Credit Risk Certified Professional. view entire press release

March 21, 2007: Robert J. Halloran, Jr., President of PSB Holdings, Inc., today announced that the Company’s Board of Directors has declared a quarterly cash dividend of $.06 per share of the Company's common stock.  view entire press release

March 16, 2007: Putnam Savings Bank is pleased to announce that Elizabeth Titus has joined the Retail Loan Team as the newest Personal Banking Account Executive.  view entire press release

February 22, 2007: A $1,500 contribution from The Putnam Savings Foundation enabled the Putnam Fire Department to purchase a new aluminum flagpole for the Putnam Police and Fire complex. view entire press release

January 26, 2007: PSB Holdings, Inc. (the "Company") (NASDAQ: PSBH), the holding company for Putnam Savings Bank, reported net income of $468,000 or $.07 per basic and per diluted share for the three months ended December 31, 2006 compared to net income of $543,000 or $.08 per basic and per diluted share for the three months ended December 31, 2005. view entire press release