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Awards

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Puget Sound Bank Honored as a Best Company to Work For

Best Cos (1)June 28, 2016 — Puget Sound Bank, the bank subsidiary of Puget Sound Bancorp (OTCQB: PUGB), was recently honored by Seattle Business Magazine at its annual Best Companies to Work For event at the Washington State Convention Center. Puget Sound Bank, along with 23 other medium-size company honorees, was chosen based on extensive confidential surveys completed by employees.

Now in its 27th year, the program salutes the Washington companies that set the standard for leadership, benefits, work environment, training programs and more.

Puget Sound Bank has also been named a best workplace, fastest growing company and top corporate philanthropist by the Puget Sound Business Journal and is consistently rated one of the country’s strongest banks by independent analysts.

Common stock for Puget Sound Bancorp trades on the OTCQB® electronic marketplace under the symbol PUGB.

23rd Consecutive 5-Star Rating for PSB

5-star logo June 2016

Highest Rating (“Superior”)

June 15, 2016 – For the 23rd consecutive quarter BauerFinancial, an independent research firm that analyzes and reports on banks and credit unions, has rated Puget Sound Bank “superior” (5 stars). The rating system ranges from zero to five stars. Some of the criteria rated (but not limited to) include: capital level, asset quality, profitability, loan delinquencies, reserves and regulatory compliance.

BauerFinancial has been analyzing and reporting on the nation’s banks since 1983. This 5-start rating indicates that Puget Sound Bank is one of the strongest banks in the nation.

Puget Sound Bank’s Community Outreach Recognized

Brad Ogura Jim Mitchell Jim Tune Kim Carhee

PSB Named a Top Corporate Philanthropist by PSBJ

May 19, 2016 — Puget Sound Bank has been recognized by the Puget Sound Business Journal as one of Washington state’s top corporate philanthropists at a sold-out event hosted by publisher Emory Thomas, Jr., and columnist Patti Payne.

Puget Sound Bank placed 10th in the Journal’s “Corporate Philanthropists – Small” category (revenue of $20 million or less). The Bank moved up from 12th place in 2015. For the past eight years the Puget Sound Business Journal has compiled information for corporate giving in Washington state.

Puget Sound Bank Nominated as a Best Workplace

2016 PSBJ logoMarch 31, 2016 — Puget Sound Bank, the bank subsidiary of Puget Sound Bancorp (OTCQB: PUGB), announced it has been nominated as a Puget Sound Business Journal Best Workplace.

Each year hundreds of companies and nonprofit organizations of all sizes compete for the top honors. Last year Puget Sound Bank was a finalist and participated in Puget Sound Business Journal’s August event honoring the regions’s top 80 organizations.

22nd Consecutive 5-Star Rating for Puget Sound Bank

5-star logo JAN 2016

Highest Rating (“Superior”)

March 9, 2016 – For the 22nd consecutive quarter BauerFinancial, an independent research firm that analyzes and reports on banks and credit unions, has rated Puget Sound Bank “superior” (5 stars). The rating system ranges from zero to five stars. Some of the criteria rated (but not limited to) include: capital level, asset quality, profitability, loan delinquencies, reserves and regulatory compliance.

Puget Sound Bank Nominated as a Best Company

Seattle Business Magazine Best Companies 2

Winners to be Announced in June 2016

December 18, 2015 — Puget Sound Bank recently announced that it has been nominated as one of Seattle Business magazine’s 100 Best Companies to Work for. Now in its 27th year, the program recognizes Washington state companies that set the standard for leadership, benefits, work environment, training programs and more. Companies on the 100 Best List are chosen based on responses from employee surveys.

21st Consecutive 5-Star Rating for Puget Sound Bank

5-star logo DEC 2015

“Superior” Rating for Strength

December 11, 2015 – For the 21st consecutive quarter BauerFinancial, an independent research firm that analyzes and reports on banks and credit unions, has rated Puget Sound Bank “superior” (5 stars). The rating system ranges from zero to five stars. Some of the criteria rated (but not limited to) include: capital level, asset quality, profitability, loan delinquencies, reserves and regulatory compliance.

20th Consecutive 5-Star Rating for Puget Sound Bank

“Superior” Rating for Strength

September 9, 2015 – For the 20th consecutive quarter BauerFinancial, an independent research firm that analyzes and reports on banks and credit unions, has rated Puget Sound Bank “superior” (5 stars). The rating system ranges from zero to five stars. Some of the criteria rated (but not limited to) include: capital level, asset quality, profitability, loan delinquencies, reserves and regulatory compliance.

Since 1983 BauerFinancial has been compiling information that federal regulators require financial institutions to file every quarter. The information is subjected to a thorough analysis and is compared with historical data for consistency.

No institution pays for its rating, nor can banks or credit unions avoid a rating. For more information about BauerFinancial visit their website.

Puget Sound Bank Rated One of Healthiest in Nation

healthiest-banks

Independent Rating Firm Gives Puget Sound Bank an Overall A+

July 21, 2015 — Puget Sound Bank (OTCQB: PUGB) announced that for the second consecutive year it has been named one of the nation’s healthiest banks by DepositAccounts.com, an online publication that assesses the health of banks on various criteria, including capitalization, deposit growth and loan-to-reserve ratios. Read the complete news release.

Puget Sound Bank Named a Best Workplace

best workplaces 2015

2015 Finalists Announced
by Puget Sound Business Journal

June 23, 2015 — Puget Sound Bank (OTCQB: PUGB) today announced that it has been named a finalist in Puget Sound Business Journal’s annual Best Workplaces competition.

“As we celebrate our 10-year anniversary, we are pleased to once again be named a Best Workplace finalist,” said Jim Mitchell, Puget Sound Bank president and chief executive officer. “The board, management and I are thrilled that Puget Sound Bank employees consider the Bank one of the region’s best workplaces.” Read the complete news release.