BankProv's Joel Gianninoto Named New Hampshire Banker of the Year by Bay Colony

Core Viewpoint - BankProv's Vice President, Joel Gianninoto, has been awarded New Hampshire Banker of the Year, highlighting his significant contributions to the banking industry and local business growth in New Hampshire [1][3]. Group 1: Recognition and Contributions - Joel Gianninoto's recognition as New Hampshire Banker of the Year by Bay Colony Development Corp. underscores his commitment to empowering local businesses [1][3]. - His expertise in utilizing the SBA 504 loan program has been pivotal in enhancing business loan requests and ensuring successful outcomes for small businesses [3][4]. Group 2: BankProv's Commitment - BankProv is dedicated to supporting small businesses through the SBA 504 loan program, which provides long-term, fixed-rate financing for major fixed assets that promote business growth and job creation [3][4]. - The bank's partnership with Community Development Corporations (CDCs) like Bay Colony is instrumental in driving economic development within the communities it serves [3]. Group 3: Company Background - BankProv, a subsidiary of Provident Bancorp, Inc., is a full-service commercial bank headquartered in Massachusetts, with a history dating back to 1828, making it the 10th oldest bank in the nation [5]. - The bank offers a unique combination of traditional banking services and innovative financial solutions, ensuring 100% of deposits are insured through FDIC and DIF [5].