PB Bancorp, Inc. operates as the holding company for Putnam Bank that provides various banking products and services to individuals and businesses in Connecticut. The Bank's principal business activities include the origination of mortgage loans secured by one-to four-family residential real estate, loans secured by non-residential real estate and multi-family real estate, residential construction loans, commercial loans as well as consumer loans. Putnam Bank also offer a wide variety of deposit accounts, including checking, savings, and certificates of deposit. The company PB Bancorp was merged with Centreville Bank.