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Provident Bank’s Community Partnership Program Donates Over $931,000 to Local Non-Profits Since 2006

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Provident Financial Holdings (NASDAQ: PROV), parent company of Provident Bank, announced its Community Partnership Program has contributed over $931,000 to local non-profits since 2006. In 2024, the bank donated more than $39,000 to various organizations in Riverside and San Bernardino Counties.

The Program enables non-profit organizations to receive annual donations by linking their unique ID number to Provident Bank customer accounts. Organizations can increase their earnings as more members link their accounts. Provident Bank, with approximately $1.3 billion in total assets, is the largest independent community bank headquartered in Riverside County, California.

Provident Financial Holdings (NASDAQ: PROV), società madre di Provident Bank, ha annunciato che il suo Programma di Partnership Comunitaria ha contribuito con oltre 931.000 $ a enti no-profit locali dal 2006. Nel 2024, la banca ha donato più di 39.000 $ a diverse organizzazioni nelle contee di Riverside e San Bernardino.

Il Programma consente alle organizzazioni no-profit di ricevere donazioni annuali collegando il loro numero ID univoco ai conti dei clienti di Provident Bank. Le organizzazioni possono aumentare i loro guadagni man mano che più membri collegano i loro conti. Provident Bank, con circa 1,3 miliardi di $ in attività totali, è la più grande banca comunitaria indipendente con sede nella contea di Riverside, California.

Provident Financial Holdings (NASDAQ: PROV), empresa matriz de Provident Bank, anunció que su Programa de Asociación Comunitaria ha contribuido con más de 931,000 $ a organizaciones sin fines de lucro locales desde 2006. En 2024, el banco donó más de 39,000 $ a diversas organizaciones en los condados de Riverside y San Bernardino.

El Programa permite a las organizaciones sin fines de lucro recibir donaciones anuales vinculando su número de identificación único a las cuentas de los clientes de Provident Bank. Las organizaciones pueden aumentar sus ingresos a medida que más miembros vinculan sus cuentas. Provident Bank, con aproximadamente 1.3 mil millones de $ en activos totales, es el banco comunitario independiente más grande con sede en el condado de Riverside, California.

Provident Financial Holdings (NASDAQ: PROV)는 Provident Bank의 모회사로, 2006년 이후 지역 비영리 단체에 931,000달러 이상을 기부한 커뮤니티 파트너십 프로그램을 발표했습니다. 2024년에는 리버사이드 카운티와 샌버너디노 카운티의 여러 단체에 39,000달러 이상을 기부했습니다.

이 프로그램은 비영리 단체가 고유 ID 번호를 Provident Bank 고객 계좌에 연결하여 연간 기부금을 받을 수 있도록 합니다. 더 많은 회원이 계좌를 연결할수록 단체의 수익이 증가합니다. Provident Bank는 약 13억 달러의 총 자산을 보유한 리버사이드 카운티, 캘리포니아에 본사를 둔 최대 독립 커뮤니티 은행입니다.

Provident Financial Holdings (NASDAQ : PROV), société mère de Provident Bank, a annoncé que son Programme de Partenariat Communautaire a contribué à hauteur de plus de 931 000 $ aux associations locales depuis 2006. En 2024, la banque a fait don de plus de 39 000 $ à diverses organisations des comtés de Riverside et San Bernardino.

Le Programme permet aux organisations à but non lucratif de recevoir des dons annuels en associant leur numéro d’identification unique aux comptes clients de Provident Bank. Les organisations peuvent augmenter leurs revenus à mesure que davantage de membres lient leurs comptes. Provident Bank, avec environ 1,3 milliard de $ d’actifs totaux, est la plus grande banque communautaire indépendante dont le siège est dans le comté de Riverside, en Californie.

Provident Financial Holdings (NASDAQ: PROV), Muttergesellschaft der Provident Bank, gab bekannt, dass ihr Community-Partnerschaftsprogramm seit 2006 über 931.000 $ an lokale gemeinnützige Organisationen gespendet hat. Im Jahr 2024 spendete die Bank mehr als 39.000 $ an verschiedene Organisationen in den Landkreisen Riverside und San Bernardino.

Das Programm ermöglicht es gemeinnützigen Organisationen, jährliche Spenden zu erhalten, indem ihre eindeutige ID-Nummer mit den Kundenkonten der Provident Bank verknüpft wird. Organisationen können ihre Einnahmen steigern, wenn mehr Mitglieder ihre Konten verknüpfen. Die Provident Bank, mit etwa 1,3 Milliarden $ an Gesamtvermögen, ist die größte unabhängige Gemeinschaftsbank mit Hauptsitz im Riverside County, Kalifornien.

Positive
  • Strong community engagement demonstrated through consistent charitable giving program
  • Substantial total assets of $1.3 billion
  • Position as largest independent community bank in Riverside County
Negative
  • None.

RIVERSIDE, Calif., April 15, 2025 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc., NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B. (“Provident Bank”) has donated over $931,000 to local non-profits with their Community Partnership Program (“Program”) since the Program’s inception in 2006. For the calendar year 2024, Provident Bank donated more than $39,000 to local non-profit organizations such as service groups, parent teacher associations, homeowner’s associations, booster clubs, foundations, church groups, and societies, among others in Riverside and San Bernardino Counties.

“The Bank realizes the importance of giving back to local, non-profit organizations that improve the quality of life in the communities we serve. By empowering our customers to help direct the Bank’s charitable campaigns, we assist in fulfilling the goals of these admirable organizations,” stated Gwen Wertz, Senior Vice President of Retail Banking.

Provident Bank’s Community Partnership Program allows participating non-profit organizations to receive annual donations by simply linking their unique ID number to their members who are customers of Provident Bank. Organizations can earn more as more of their members link their accounts to their unique ID. Of course, some restrictions apply and interested groups are encouraged to contact Provident Bank for more information about the Program. You can reach Provident Bank at (800) 745-2217 to ask about the Community Partnership Program or by visiting www.myprovident.com.

With approximately $1.3 billion in total assets, Provident Bank is the largest independent community bank headquartered in Riverside County, California, and has been serving the financial needs of its customers since 1956.

Safe-Harbor Statement

Certain matters in this News Release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may relate to, among others, expectations of the business environment in which the Company operates, projections of future performance, perceived opportunities in the market, potential future credit experience, and statements regarding the Company’s mission and vision. These forward-looking statements are based upon current management expectations, and may, therefore, involve risks and uncertainties. The Company’s actual results, performance, or achievements may differ materially from those suggested, expressed, or implied by forward-looking statements as a result of a wide range of factors including, but not limited to, the general business environment, interest rates, the California real estate market, competitive conditions between banks and non-bank financial services providers, regulatory changes, and other risks detailed in the Company’s reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2024.

Contacts:

Donavon P. Ternes
President and Chief Executive Officer

Haryanto “Lee” Sunarto
Interim Chief Financial Officer

(951) 686-6060


FAQ

How much has Provident Bank (PROV) donated through its Community Partnership Program since 2006?

Provident Bank has donated over $931,000 to local non-profits through its Community Partnership Program since its inception in 2006.

What was PROV's donation amount through the Community Partnership Program in 2024?

In 2024, Provident Bank donated more than $39,000 to local non-profit organizations in Riverside and San Bernardino Counties.

How does Provident Bank's (PROV) Community Partnership Program work?

Non-profit organizations receive annual donations by linking their unique ID number to Provident Bank customer accounts, with potential for increased earnings as more members link their accounts.

What is Provident Bank's (PROV) current total asset value?

Provident Bank currently holds approximately $1.3 billion in total assets.
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Banks - Regional
Savings Institution, Federally Chartered
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United States
RIVERSIDE