StockWatch
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Savings Institutions
CSRNov 3, 2026, 08:02 AM

Provident Bank Awards $83,000 in Grants to Non-Profits

AI Summary

Provident Bank announced it has awarded $83,000 in grants to ten local non-profit organizations through its Community Development Partnership Program. These grants are intended to advance financial literacy education, affordable housing, homeownership, and address credit needs within the communities served. The program reflects Provident Bank's commitment to strengthening communities and fostering economic prosperity. The bank, a subsidiary of Provident Financial Services, Inc. (NYSE:PFS), has assets of $25.85 billion as of September 30, 2026.

Key Highlights

  • Provident Bank awarded $83,000 in grants to ten local non-profit organizations.
  • Grants will support financial literacy education, affordable housing, and homeownership.
  • The Community Development Partnership Program aims to strengthen communities and foster economic prosperity.
  • Since July 2023, Provident Bank has partnered with over a dozen non-profits through this program.
  • Provident Bank has assets of $25.85 billion as of September 30, 2026.