Provident Bank Announces $88,000 in Grants to Nine New Jersey Non-Profit Organizations

Core Insights - Provident Bank has awarded a total of $88,000 in funding to nine local non-profit organizations aimed at community development, economic empowerment, financial literacy, and housing support for low and moderate-income communities [1][3] - The bank's Community Partnership Program has partnered with 13 local non-profits since July 2023, focusing on fostering economic and community development [1][2] Summary by Category Funding and Grants - The total amount awarded to the non-profit organizations is $88,000 [3] - The recipients include organizations such as Housing Community Development Network of NJ, New Jersey Citizen Action Education Fund, Urban League of Essex County, Ironbound Community Corp, Housing Partnership, Central Jersey Housing Resource Center, NORWESCAP, Invest Newark, and New Jersey Community Capital [3] Organizational Commitment - Provident Bank emphasizes its commitment to strategic community investment and aims to empower communities to promote long-term economic prosperity [2] - The bank's support is designed to enhance the ability of these organizations to serve their communities effectively [2] Company Overview - Provident Bank, founded in 1839, is the oldest community-focused financial institution in New Jersey, with assets of $24.07 billion as of June 30, 2024 [4] - The bank operates 140 branches across New Jersey and parts of New York and Pennsylvania, offering a range of financial solutions and services [4]