Puget Sound Bancorp, Inc.

Common Stock U.S. Bank/Thrift Reporting

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Puget Sound Bank Recognized as a Top Corporate Philanthropist

May 27, 2015

OTC Disclosure & News Service


Puget Sound Bank (OTCQB: PUGB) announced that the Puget Sound Business Journal named the Bank as one of Washington state’s top 75 corporate philanthropists for the second consecutive year. Puget Sound Bank was ranked twelfth in the small company category (revenues below $20 million) for both 2014 and 2015.

Each year the Puget Sound Business Journal surveys Washington state companies to honor individuals and companies who have made significant contributions in the arts, education, global giving, health care, economic opportunity, neighborhoods and the environment. In partnership with the Seattle Foundation, the Business Journal recognizes those who have supported local communities through volunteer work, in-kind donations and cash contributions at an annual sell-out luncheon.

“As we celebrate our 10-year anniversary we are grateful to all who have supported the Bank, providing us the opportunity to give so generously,” said Jim Mitchell, Puget Sound Bank president and chief executive officer. “Our community giving is employee-driven and we are proud to support organizations that help connect us with the communities we serve.”

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

About Puget Sound Bank

Puget Sound Bank is one of Washington state’s top commercial banks (as measured by commercial and industrial loans as a percentage of total loans) proudly serving the greater Puget Sound region. Based in Bellevue, Washington, the bank was founded to meet the specialized needs of small- and medium-sized businesses, select commercial real estate projects, professional service providers and high net worth individuals. Puget Sound Bank offers a full range of competitive financial products including an advanced suite of cash management services. Customers can access their accounts in-branch, online, on mobile devices or through Puget Sound Bank's ATM network throughout the continental United States. For more information visit www.PugetSoundBank.com or call (425) 455-2400.

Puget Sound Bank is consistently rated one of the country’s safest and strongest banks by independent analysts and celebrates its 10-year anniversary this year.

To access investor relations information for Puget Sound Bank, visit www.PugetSoundBank.com/IR or call (425) 467-2037.

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