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Awards

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5-Star BauerFinancial Recognition

2017 June 20 by


June 20, 2017 — Puget Sound Bank earned a five-star “superior” rating from BauerFinancial, the nation’s leading independent bank and credit union rating firm, for the 27th consecutive quarter.

Star ratings are released quarterly and assigned on a scale of zero-to-five stars, with five being the strongest. Ratings are based on the overall financial picture of the financial institution.

BauerFinancial has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. The ratings are independent, meaning no institution is able to pay to be rated or excluded.

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PSB Named a Top Corporate Philanthropist by PSBJ

2017 May 17 by

May 17, 2017 — Puget Sound Bank has been recognized by the Puget Sound Business Journal as one of Washington state’s top corporate philanthropists. The Corporate Citizenship and Healthy Community Champion Awards luncheon held today at the Seattle Sheraton honored corporate philanthropists and companies who have made significant contributions in Washington.

Puget Sound Bank placed on the Journal’s “Corporate Philanthropists – Small” category (revenue of $20 million or less) at position 7, up from position 10 last year. For the past nine years the Puget Sound Business Journal has compiled information for corporate giving in Washington state. Puget Sound Bank has placed on the list in 2014, 2015, 2016 and 2017.

In 2016 we have been active supporting a variety of organizations, including Victim Support Services, King County Police Union, Nellie Goodhue Group Homes, Summit Assistance Dogs, Bellevue LifeSpring, Elizabeth Gregory Home, Boys and Girls Clubs of Bellevue, St. Vincent dePaul School, Invest in Youth, Crush Kid’s Cancer, Washington Women in Need, and Bellevue College Foundation.

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Puget Sound Bank Rated 5 Stars By BauerFinancial

2017 March 2 by

Puget Sound Bank Received the BauerFinancial for 26th Consecutive Quarter

Puget Sound Bank received the 5-Star Award for the 26th Consecutive Quarter

March 2, 2017 — Puget Sound Bank earned a five-star “superior” rating for fourth quarter 2016 from BauerFinancial, the nation’s leading independent bank and credit union rating firm.

Star ratings are released quarterly and assigned on a scale of zero-to-five stars, with five being the strongest. Ratings are based on the overall financial picture of the financial institution.

BauerFinancial has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. The ratings are independent, meaning no institution is able to pay to be rated or excluded.

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BauerFinancial Rates Puget Sound Bank Superior (5 Stars)

2016 December 8 by

Highest Rating (“Superior”)

december-2016-reverseDecember 8, 2016 – For the 25th consecutive quarter BauerFinancial, an independent research firm that analyzes and reports on banks and credit unions, has rated Puget Sound Bank “superior” (5 stars).

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.

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24th Consecutive 5-Star Rating from BauerFinancial

2016 September 9 by

5-star-logo-september-2016

Highest Rating (“Superior”)

September 9, 2016 – For the 24th 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.

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Puget Sound Bank Honored as a Best Company to Work For

2016 June 28 by

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.

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23rd Consecutive 5-Star Rating for PSB

2016 June 15 by

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.

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Puget Sound Bank’s Community Outreach Recognized

2016 May 19 by

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.

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Puget Sound Bank Nominated as a Best Workplace

2016 March 31 by

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.

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22nd Consecutive 5-Star Rating for Puget Sound Bank

2016 March 9 by

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.

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