Robert Tharp Joins Provident Bank as FVP, Retail Sales & Services Director

Rhea-AI Summary

Provident Bank has appointed Robert Tharp as First Vice President, Retail Sales & Services Director, effective immediately. Based at the Iselin, NJ headquarters, Tharp will oversee the execution of retail sales strategies and business development initiatives. With over 35 years in retail banking, including senior roles at TD Bank and Hudson United Bank, he aims to enhance Provident's growth strategy. As of September 30, 2021, Provident Financial Services, Inc. (NYSE:PFS) reported assets of $13.39 billion and deposits of $10.84 billion.

Positive

• Appointment of Robert Tharp adds experienced leadership to the bank's retail banking sector.
• Tharp's extensive background in retail banking may lead to strategic growth and improved service delivery.

Negative

• None.

ISELIN, NEW JERSEY, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Provident Bank, a leading New Jersey-based financial institution has announced that Robert Tharp has joined the Bank as First Vice President, Retail Sales & Services Director. 

Mr. Tharp is based in the bank’s Iselin, N.J. administrative headquarters and is responsible for developing and managing the execution of the overall retail sales and services strategy and business development plans. In addition, he is responsible for the programming and the structuring of Small Business Lending, Government Banking, Corporate Development, and Provident Investment Services. 

“I am pleased to welcome Robert to our retail banking leadership team and look forward to working with him,” said Vito Giannola, Executive Vice President, Chief Retail Banking Officer. “His exceptional knowledge and extensive experience will contribute to Provident’s growth strategy and will assist with achieving our goal of delivering best-in-class financial services to our customers,” added Mr. Giannola.

Mr. Tharp has more than 35 years’ experience in retail banking and sales management. Prior to joining Provident, he served as a Senior Manager of the TD Bank Partnership at TD Ameritrade. In addition, Mr. Tharp has held senior leadership positions with TD Bank, TD Banknorth, and as Director of Retail Sales with Hudson United 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 $13.39 billion as of September 30, 2021. With $10.84 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 Queens County 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, SB One Insurance Agency, Inc. For more information about Provident Bank, visit www.provident.bank or join the conversations on Facebook (ProvidentBank) and Twitter (@ProvidentBank). 

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• Robert Tharp

FAQ

Who is Robert Tharp at Provident Bank?

Robert Tharp is the newly appointed First Vice President, Retail Sales & Services Director at Provident Bank.

What are Provident Bank's total assets as of September 2021?

As of September 30, 2021, Provident Bank reported total assets of $13.39 billion.

What are the responsibilities of Robert Tharp at Provident Bank?

Robert Tharp is responsible for developing and managing retail sales strategies and business development plans.

What financial services does Provident Bank offer?

Provident Bank offers various financial products including small business lending, corporate development, and wealth management services.

What is the stock symbol for Provident Financial Services?

The stock symbol for Provident Financial Services is PFS.