[LETTERHEAD OF KEEFE, BRUYETTE & WOODS, INC.]
August 7, 2014
VIA EDGAR
Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
| Re: | Pilgrim Bancshares, Inc. |
Registration Statement on Form S-1 (Registration Number 333-194485)
Request for Acceleration of Effectiveness
Ladies and Gentlemen:
In accordance with Rule 461 of Regulation C promulgated under the Securities Act of 1933, we hereby join Pilgrim Bancshares, Inc. in requesting that the effective date of the above-referenced Registration Statement be accelerated so that it will become effective at 3:00 p.m. on August 11, 2014, or as soon thereafter as may be practicable.
| Very Truly Yours, | ||
| By: | /s/ Patricia McJoynt | |
| Name: | Patricia McJoynt | |
| Title: | Managing Director | |
