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Provident Bank Names Michael A. Perito SVP, Head of Corporate Strategy

Core Insights - Provident Bank has appointed Michael A. Perito as Senior Vice President and Head of Corporate Strategy to drive long-term growth and market alignment [1][3] - Mr. Perito has nearly 15 years of experience in strategic growth and innovation within the financial services and fintech sectors [3][5] - The bank's assets are reported to be $24.55 billion as of June 30, 2025, indicating a strong financial position [7] Company Overview - Provident Bank, founded in 1839, is the oldest community-focused financial institution in New Jersey and a wholly owned subsidiary of Provident Financial Services, Inc. [7] - The bank operates over 140 branches across New Jersey, New York, and Pennsylvania, providing a range of financial solutions and exceptional customer service [7] Leadership and Strategy - Mr. Perito's role includes overseeing the development and execution of the bank's strategic plan and identifying growth opportunities [1][3] - His previous experience includes founding a bank consulting practice and serving as Principal, Head of Bank Strategy at The Travillian Group [4][5] - Mr. Perito has a strong background in strategic and financial planning, investor relations, and digital strategy [5][6]