Putnam County Bank, Milton Branch

Name:Putnam County Bank, Milton Branch
Full Service Brick and Mortar Office
Review: 1star1 client review
Location:500 East Main Street
Milton, WV 25541

Cabell County
View Other Branches
 
Branch Deposit:$3,105,000
FDIC Cert:#15243
Established:09/09/2021


The Bank

Name:Putnam County Bank
Concentration:All Other Under 1 Billion
Established:10/11/1901
FDIC Insurance:07/01/1935
Holden By:PUTNAM BANCSHARES INC
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
# of Branches:5, view all, view on map
Website:www.putcobk.com
Total Assets:$663,816,000
Total Deposits:$574,311,000
Total Equity Capital:$85,958,000
Total Domestic Office Deposits:$574,311,000
Net Income:$3,278,000
Quarterly Net Income:$1,690,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:5%
Quarterly Return on Equity:8%
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Client Review

1 client review of Putnam County Bank scored 1 out of 5.

long time account holder
 1star Overall Rating
 2star Interest Rate and Cost
 2star Office Environment & Staff
 2star Waiting Time
by KayS1, Jan. 11, 2014

The tellers at this bank are friendly and can handle most basic duties well, however, the management is surprisingly unprofessional. If a problem should occur with an account or anything more difficult needs to be taken care of (beyond a deposit or simple withdrawal)competence appears to come to a halt. The equipment and office decor is archaic. I had to wait 25 minutes for a wire transfer to be taken care of. The worker made an error on the slip of paper they used IN A TYPEWRITER WITH CARBON PAPER and USED WHITE OUT to correct the mistake. In my recent dealing with a compromised debit card, after making 2 trips to the bank, speaking to a representative on the phone who hung up on me, then speaking to a branch manager who said "I don't usually deal with credit cards." I was promised a call from another manager within the hour. Two and half hours later another manager called back, sounded like he'd been asleep, was rude and defensive, never apologized for his staff hanging up on me, even though I am a client who's money is in their bank in more than one account. He, as did the previous obviously unprofessional staff person, assured me my card was safe and ready to use. After that call, I tried to use my debit card again & received the second humiliating response of "invalid card" even though there was plenty of money in my checking account. I called the second manager back to find he admitted to saying he had resolved the problem, but in fact he had not. He said he would fix it now. My previous employer recently moved his assets from this bank to another establishment because of issues like this and hearing that this bank was under investigation. I will open my accounts elsewhere in the morning.

* this reviewer has be with this bank for >10 years
* this reviewer had 1 - 2 banks before.
* this review was made on Putnam County Bank, Vally Branch at Hurricane, WV
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