Provident Financial Services, Inc. and Provident Bank Announce Board Changes, Effective May 1, 2021
April 30, 2021 at 11:17 am
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On April 29, 2021, Laura L. Brooks informed the board of directors that she would resign her positions on the boards of directors of Provident Financial Services, Inc. and Provident Bank for personal reasons, effective May 1, 2021. Ms. Brooks’ resignation was not the result of any dispute or disagreement with the Company or its board of directors on any matter relating to the Company’s operations, policies or practices. Effective upon Ms. Brook’s resignation as a director, the size of the Company’s board of directors will be reduced from 14 to 13 members.
Provident Financial Services, Inc. is a holding company for The Provident Bank (the Bank). The Bank is a community-oriented financial institution that provides an array of financial products and business and retail services through its network of branches throughout northern and central New Jersey, Bucks, Lehigh and Northampton counties in Pennsylvania, as well as Orange, Queens and Nassau Counties in New York. Its business services include commercial loans and lines of credit, commercial real estate loans, loans for healthcare services, asset-based lending, equipment financing, small business loans, and lines and cash management services. Its consumer services include online and mobile banking, home equity loans and lines, and mortgage options. It also provides fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company, and insurance brokerage services through its subsidiary, Provident Protection Plus, Inc. It operates over 140 branches.