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Working at Putnam Bank

Zippia score 3.7

Overview

Revenue

Reviews

DemographicsCompetitorsCEO & Executives

Putnam Bank overview

Industry
Finance
Revenue
$21.3M
Headquarters
Employees
81
Founded in
Website
Organization type
Public
PB Bancorp, Inc. operates as the holding company of Putnam Bank that provides various banking products and services to individuals and small business customers primarily in Connecticut. It offers a range of deposits, including checking, savings, and money market deposit accounts, as well as negotiable order of withdrawal accounts and fixed-term certificates of deposit. The company s loan portfolio comprises residential real estate loans, including one-to four-family mortgage loans, residential construction loans, second mortgage loans, and home equity lines of credit; commercial real estate loans comprising multi-family real estate loans; commercial loans, such as term loans and revolving lines of credit; and consumer and other loans, such as loans on new and used automobiles, loans secured by deposit accounts, and unsecured personal loans. In addition, it invests in securities. As of July 7, 2016, PB Bancorp, Inc. operated through its eight full-service offices and a full-service loan center in Putnam, Connecticut. The company was founded in 1862 and is headquartered in Putnam, Connecticut.
The staff at Putnam Bank come from unusually diverse demographic backgrounds. The company is 81.4% female and 21.2% ethnic minorities. Despite its diversity in other areas, Putnam Bank employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 71.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. Putnam Bank has great employee retention with staff members usually staying with the company for 5.5 years.
Putnam Bank is a small finance company based in Connecticut with only 81 employees and an annual revenue of $21.3M.

Putnam Bank's mission statement

To be a growing and profitable locally owned and directed community bank that provides the benefits of a big city financial institution with the personal service of a small town banking partner.

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The team at Putnam Bank

  • The key people at Putnam Bank is Harold M. Horvat.
Key people
Harold M. Horvat

Putnam Bank rankings

Putnam Bank is ranked #7 on the Best companies to work for in Putnam, CT list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Putnam Bank diversity

8.1
Diversity score
We calculated Putnam Bank’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Putnam Bank’s workforce.
Putnam Bank diversity summary. Zippia estimates Putnam Bank's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Putnam Bank's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Putnam Bank's workforce.
  • Putnam Bank has 81 employees.
  • 81% of Putnam Bank employees are women, while 19% are men.
  • The most common ethnicity at Putnam Bank is White (79%).
  • 9% of Putnam Bank employees are Black or African American.
  • 7% of Putnam Bank employees are Hispanic or Latino.
  • The average employee at Putnam Bank makes $56,677 per year.
  • Putnam Bank employees are most likely to be members of the republican party.
  • Employees at Putnam Bank stay with the company for 5.5 years on average.

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Putnam Bank financial performance

8.0
Performance score

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    Updated March 14, 2024

    Zippia gives an in-depth look into the details of Putnam Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Putnam Bank. The employee data is based on information from people who have self-reported their past or current employments at Putnam Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Putnam Bank. The data presented on this page does not represent the view of Putnam Bank and its employees or that of Zippia.

    Putnam Bank may also be known as or be related to PB BANCORP INC., PB Bancorp Inc, PB Bancorp, Inc. and Putnam Bank.