Provident Bancorp (NASDAQ:PVBC) (NASDAQ: PVBC) is the bank holding company for Provident Bank, a full‐service financial institution headquartered in Jersey City, New Jersey. Founded in 1839, the company has grown its heritage of community banking into a regional platform offering commercial and consumer financial products. Provident Bancorp operates through its subsidiary network to deliver deposit, lending and wealth management services to individuals, businesses and institutions across its markets.
The company’s core business activities include demand, savings and time deposit accounts, digital banking solutions and cash management services tailored to small and medium‐sized enterprises. On the lending side, Provident Bancorp provides commercial real estate loans, construction and development financing, equipment financing, and small business administration (SBA) loan products. Retail customers can access mortgage and home equity lending, personal lines of credit, credit cards, and auto loans, backed by responsive underwriting and local decision‐making.
In addition to traditional banking services, Provident Bancorp offers investment advisory, trust and fiduciary services through its wealth management division. This segment provides retirement planning, estate administration and portfolio management to high‐net‐worth clients, nonprofit organizations and business owners. The company has also invested in digital capabilities, enhancing its mobile and online platforms to support account opening, electronic payments, remote deposit capture and real‐time financial reporting.
Provident Bancorp primarily serves communities in northern New Jersey and the New York metropolitan area, with a network of branch offices, ATMs and business banking centers. The company is governed by a seasoned board of directors and led by a management team of banking executives with decades of experience in financial services. Together, they focus on fostering long‐term customer relationships, prudent risk management and sustainable growth across their footprint.
