Dividend 

to be paid

PUTNAM — Thomas A. Borner, president and CEO of PSB Holdings, Inc., announced that the Company’s Board of Directors has declared a cash dividend of $.03 per share of the Company’s common stock. 

The dividend will be payable to all stockholders of record as of Feb. 6, 2015, and will be paid on Feb. 24.

"We are extremely pleased to announce resumption of the payment of a dividend,” said Borner. “While the last several years have been challenging, we have emerged as a better financial institution in many ways. We will continue our brand of community banking made easy as we enter our 153rd year of service to all of eastern Connecticut”.

The Company is the majority-owned subsidiary of Putnam Bancorp, MHC, a federal mutual holding company, which owns 3,729,846 of the Company’s outstanding shares.

PSB Holdings, Inc., headquartered in Putnam, is the parent of Putnam Bank, a state-chartered stock savings bank founded in 1862.