Provident Bank Announces $63,000 in Grants to Eight New Jersey Non-Profit Organizations

Rhea-AI Summary

Provident Bank (PFS) announced on October 23, 2025 that it awarded $63,000 in grants to eight New Jersey non-profit organizations through its Community Partnership Program. The grants support community development, economic empowerment, financial literacy, education, and housing/homeownership in low- and moderate-income communities across New Jersey.

The eight recipients include Housing & Community Development Network of NJ, Urban League of Essex County, Ironbound Community Corporation, Housing Partnership, Central Jersey Housing Resource Center, NORWESCAP, Invest Newark, and New Jersey Community Capital. Provident says the program furthers long-term economic prosperity and financial empowerment locally.

Funding provided through the Bank’s Community Partnership Program

ISELIN, N.J., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Provident Bank, a leading New Jersey-based financial institution, announced today that it has awarded $63,000 in grants to eight local non-profit organizations through its Community Partnership Program. The funding supports organizations dedicated to community development, economic empowerment, financial literacy and education, and housing and homeownership in low- and moderate-income communities across New Jersey.

The Community Partnership Program reflects Provident Bank’s longstanding commitment to collaborating with non-profit organizations to holistically support the communities within its footprint and promote long-term economic prosperity.

Combined, the recipients of these major grants received a total of $63,000. The local non-profit organizations include:

• Housing & Community Development Network of NJ: dedicated to advancing economic justice, empowering low-income communities, and fostering inclusive participation in public policy.
• Urban League of Essex County: empowering African Americans and disadvantaged residents to achieve social and economic self-sufficiency through programs in education, employment, housing, and economic development that transform lives and communities.
• Ironbound Community Corporation: engages and empowers individuals, families, and groups to achieve their aspirations and collaboratively build a community.
• Housing Partnership: creates lasting and responsible homeownership through education and financial coaching.
• Central Jersey Housing Resource Center: working locally to resolve issues facing households who are struggling to find housing that meets their needs and means.
• NORWESCAP: strengthens communities by creating opportunities that improve the lives of low-income individuals and families.
• Invest Newark: propels the city’s economy, builds communities, and creates opportunities.
• New Jersey Community Capital: creating communities through strategic investments and knowledge.
  
  

“Each of these organizations is creating meaningful impact in their communities, from advancing affordable housing initiatives to expanding access to education and financial resources,” said Roxanne Camejo, Senior Vice President, Community Development Officer at Provident Bank. “Provident is proud to stand alongside them in driving positive change and empowering individuals and families to build stronger, more resilient futures.”

Since July 2023, Provident Bank has partnered with more than a dozen local non-profit organizations through the Community Partnership Program, all sharing a common goal of fostering economic opportunity and sustainable community growth.

Provident Bank remains deeply committed to strengthening the communities it serves by supporting programs that expand opportunity, promote financial empowerment, and uplift local residents. Through initiatives like the Community Partnership Program, Provident continues to invest in people, helping communities thrive today while laying the foundation for a stronger, more inclusive tomorrow.

About Provident Bank

Founded in Jersey City in 1839, Provident Bank is the oldest community-focused financial institution based in New Jersey and is the wholly owned subsidiary of Provident Financial Services, Inc. (NYSE:PFS). With assets of $24.55 billion as of June 30, 2025, Provident Bank offers a wide range of customized financial solutions for businesses and consumers with an exceptional customer experience delivered through its convenient network of more than 140 branches across New Jersey and parts of New York and Pennsylvania, via mobile and online banking, and from its customer contact center. The bank also provides fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company, and insurance services through its wholly owned subsidiary, Provident Protection Plus, Inc. To learn more about Provident Bank, go to www.provident.bank or call our customer contact center at 800.448.7768.

Media Contact:
Keith Buscio
Keith.Buscio@provident.bank

Vested
Providentbank@fullyvested.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9f13982a-42f5-42d8-9cfa-940c674087dd

FAQ

How much did Provident Bank (PFS) award in grants on October 23, 2025?

Provident Bank awarded $63,000 in grants to eight New Jersey non-profits.

Which organizations received Provident Bank (PFS) Community Partnership Program grants in 2025?

Recipients: Housing & Community Development Network of NJ, Urban League of Essex County, Ironbound Community Corporation, Housing Partnership, Central Jersey Housing Resource Center, NORWESCAP, Invest Newark, and New Jersey Community Capital.

What community areas do the Provident Bank (PFS) grants target?

Grants target community development, economic empowerment, financial literacy and education, and housing and homeownership in low- and moderate-income New Jersey communities.

When did Provident Bank (PFS) announce the Community Partnership Program grants?

The announcement was made on October 23, 2025.

How does Provident Bank (PFS) describe the purpose of its Community Partnership Program?

Provident says the program supports collaboration with non-profits to promote long-term economic prosperity and financial empowerment in its footprint.

Has Provident Bank (PFS) partnered with other non-profits through this program before 2025?

Yes; Provident states it has partnered with more than a dozen local non-profits through the Community Partnership Program since July 2023.