Communities Receive $59,000+ in Charitable Contributions

A juvenile mentoring outreach program gained resources for at risk children. Various organizations received funds to aid in the support of children’s programs aimed at developing a love of literacy and the arts. Funding was given to provide essential health and human services to the homeless and elderly. These are only a few examples of where Putnam Bank and the Putnam Bank Foundation contributed financially in 2016/2017 to help the needy, care for children and improve life in our local communities. For the last few years, the Putnam Bank Foundation has been a significant sponsor of the Town of Putnam Summer Al fresco and Fireworks and the River Fire Series. They have pledged commitments to Day Kimball Healthcare, Natchaug Hospital Joshua Center, Windham County 4-H, The Last Green Valley Walktober, and the Regional YMCA.

As a community bank with a vested interest in the local communities, Putnam Bank and its Foundation supported many local agencies and community groups with grants and contributions totaling over $59,000. The contributions consisted of: Area Youth Baseball Leagues, Boy Scouts of America, Tackle the Trail Sponsorship, Celebrate Cultural Diverisity Title Sponsorship, Thompson Ecumenical Empowerment Group, Daily Bread, Project Northeast, Empowering Women, Putnam Holiday Giving, Make-a-Wish, Sassy Chapeau, and the Turkey Trot.

Why the emphasis on charitable causes? “We’re not just in the community; we are community to the core. We feel we have a responsibility to not only provide products and services but also to help to enhance the quality of life in the communities where we live and work,” explains Thomas A. Borner, Putnam Bank’s President and CEO. “We see giving back to the community as part of our mission, and our responsibility.”

Putnam Bank, chartered in 1862, is a $512 million Connecticut-chartered bank. Putnam Bank has branch offices in Putnam, Pomfret Center, Danielson, Plainfield, Griswold, Gales Ferry, and Norwich. It also operates a full-service loan center in Putnam. Stock is traded through NASDAQ under the symbol PSBH. For more information call (800) 377-4424 or visit our website at putnambank.com.