Provident Receives DEI Trailblazer Award from African American Chamber of Commerce and New Jersey Chamber of Commerce

Rhea-AI Summary

Provident Bank has been awarded the DEI Trailblazer Award as an Emerging DEI Influencer by the African American Chamber of Commerce of New Jersey and the New Jersey Chamber of Commerce. This recognition highlights the bank's commitment to Diversity, Equity, and Inclusion in its workplace practices. Awarded during the inaugural DEI Trailblazer Awards reception, the honor acknowledges companies demonstrating substantial progress in DEI initiatives. Provident Bank reported assets totaling $13.60 billion as of September 30, 2022, with deposits amounting to $10.69 billion.

Bank Recognized as an Emerging DEI Influencer

ISELIN, N.J., Nov. 17, 2022 (GLOBE NEWSWIRE) -- Provident Bank, a leading New Jersey-based financial institution, is proud to announce it recently received a DEI Trailblazer Award in the category of Emerging DEI Influencer from The African American Chamber of Commerce of New Jersey and The New Jersey Chamber of Commerce. The award was presented to the Bank at the first Diversity, Equity and Inclusion (DE&I) Trailblazer Awards reception co-hosted by the two business organizations. The reception was held to honor and recognize companies that are “Walking the Walk – and demonstrating progress in critical areas of Diversity, Equity and Inclusion.”

“Provident Bank is committed to fostering a culture of Diversity, Equity and Inclusion in the workplace,” said Xavia Mitchell, First Vice President, Senior Diversity & HR Business Partner, Provident Bank. “We are proud of the advances we have made in this important area and are thrilled to be recognized with this prestigious award,” added Mitchell.

CONTACT:
Keith Buscio
732-504-9407
Keith.buscio@provident.bank

About Provident Bank
Provident Bank, a community-oriented financial institution offering “Commitment you can count on” since 1839, is the wholly owned subsidiary of Provident Financial Services, Inc. (NYSE:PFS), which reported assets of $13.60 billion as of September 30, 2022. With $10.69 billion in deposits, Provident Bank provides a comprehensive suite of financial products and services through its network of branches throughout northern and central New Jersey, as well as Bucks, Lehigh and Northampton counties in Pennsylvania and Nassau and Queens Counties in New York.  The Bank also provides fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company and insurance services through its wholly owned subsidiary, Provident Protection Plus, Inc. For more information about Provident Bank, visit www.provident.bank or join the conversations on Facebook (ProvidentBank) and Twitter (@ProvidentBank).

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0e7ac93f-e9f6-41c9-9905-a438eea1c9c0

FAQ

What award did Provident Bank receive in November 2022?

Provident Bank received the DEI Trailblazer Award as an Emerging DEI Influencer.

Who presented the DEI Trailblazer Award to Provident Bank?

The award was presented by the African American Chamber of Commerce of New Jersey and the New Jersey Chamber of Commerce.

What is the total asset value of Provident Bank as of September 30, 2022?

Provident Bank reported total assets of $13.60 billion.

How much in deposits does Provident Bank have?

Provident Bank has deposits totaling $10.69 billion.

What is the main focus of Provident Bank's recent initiatives?

Provident Bank is focused on enhancing Diversity, Equity, and Inclusion in its workplace.