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

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Provident Bank, a leading New Jersey-based financial institution, has awarded $88,000 in grants to nine local non-profit organizations through its Community Partnership Program. The program, launched in July 2023, focuses on supporting organizations dedicated to community development, economic empowerment, financial literacy, and housing support in low and moderate-income communities.

The grant recipients include notable organizations such as the Housing Community Development Network of NJ, New Jersey Citizen Action Education Fund, and the Urban League of Essex County. These grants aim to empower communities within Provident Bank's footprint and promote long-term economic prosperity. Since the program's inception, Provident Bank has partnered with 13 local New Jersey-based non-profits, demonstrating its commitment to fostering economic and community development.

Provident Bank, un'importante istituzione finanziaria con sede nel New Jersey, ha assegnato 88.000 dollari in sovvenzioni a nove organizzazioni no-profit locali attraverso il suo Programma di Partnership Comunitaria. Il programma, lanciato nel luglio 2023, si concentra sul supporto a organizzazioni dedicate a sviluppo comunitario, empowerment economico, alfabetizzazione finanziaria e supporto abitativo in comunità a basso e medio reddito.

I beneficiari delle sovvenzioni includono importanti organizzazioni come la Housing Community Development Network del NJ, il New Jersey Citizen Action Education Fund e l'Urban League of Essex County. Queste sovvenzioni mirano a potenziare le comunità all'interno dell'area di operazione di Provident Bank e promuovere una prosperità economica a lungo termine. Dalla sua creazione, Provident Bank ha collaborato con 13 organizzazioni no-profit locali del New Jersey, dimostrando il suo impegno per il sviluppo economico e comunitario.

Provident Bank, una institución financiera líder con sede en Nueva Jersey, ha otorgado 88,000 dólares en subvenciones a nueve organizaciones sin fines de lucro locales a través de su Programa de Asociación Comunitaria. El programa, lanzado en julio de 2023, se centra en apoyar a organizaciones dedicadas a desarrollo comunitario, empoderamiento económico, educación financiera y apoyo a la vivienda en comunidades de bajos y moderados ingresos.

Los beneficiarios de las subvenciones incluyen organizaciones notables como la Housing Community Development Network de NJ, el New Jersey Citizen Action Education Fund y la Urban League of Essex County. Estas subvenciones tienen como objetivo empoderar a las comunidades dentro del ámbito de Provident Bank y promover una prosperidad económica a largo plazo. Desde el inicio del programa, Provident Bank ha colaborado con 13 organizaciones sin fines de lucro de Nueva Jersey, demostrando su compromiso con el desarrollo económico y comunitario.

프로비던트 은행은 뉴저지에 본사를 둔 주요 금융 기관으로, 88,000달러의 보조금을 통해 지역 비영리 단체 9곳에 보조금을 지급했습니다. 이 프로그램은 2023년 7월에 시작되었으며, 지역 사회 개발, 경제적 권한 부여, 재정 교육 및 주택 지원에 전념하는 단체를 지원하는 데 중점을 두고 있습니다.

보조금 수령자에는 NJ 주택 커뮤니티 개발 네트워크, 뉴저지 시민 행동 교육 기금 및 에섹스 카운티의 도시 연합과 같은 주목할 만한 단체가 포함됩니다. 이러한 보조금은 프로비던트 은행의 범위 내에서 지역 사회를 강화하고 장기적인 경제적繁栄을 촉진하는 것을 목표로 합니다. 프로그램 시작 이후, 프로비던트 은행은 뉴저지의 13개 로컬 비영리 단체와 협력하여 경제 및 지역 사회 개발에 대한 헌신을 보여주었습니다.

La Provident Bank, une institution financière leader basée dans le New Jersey, a accordé 88 000 dollars de subventions à neuf organisations à but non lucratif locales grâce à son Programme de Partenariat Communautaire. Le programme, lancé en juillet 2023, vise à soutenir les organisations dédiées au développement communautaire, à l'autonomisation économique, à l'éducation financière et au soutien au logement dans les communautés à faible et moyen revenu.

Les bénéficiaires des subventions incluent des organisations notables telles que le Housing Community Development Network du NJ, le New Jersey Citizen Action Education Fund et l'Urban League d'Essex County. Ces subventions visent à renforcer les communautés au sein de la zone d'action de la Provident Bank et à promouvoir une prospérité économique à long terme. Depuis le début du programme, la Provident Bank a collaboré avec 13 organisations à but non lucratif locales du New Jersey, démontrant son engagement envers le développement économique et communautaire.

Die Provident Bank, eine führende Finanzinstitution mit Sitz in New Jersey, hat 88.000 Dollar in Zuschüssen an neun lokale gemeinnützige Organisationen im Rahmen ihres Community Partnership Program vergeben. Das Programm, das im Juli 2023 ins Leben gerufen wurde, konzentriert sich auf die Unterstützung von Organisationen, die sich dem Gemeinschaftsentwicklung, wirtschaftlichen Empowerment, finanzieller Bildung und Wohnraumunterstützung in einkommensschwachen und moderaten Gemeinschaften widmen.

Zu den Zuwendungsempfängern zählen namhafte Organisationen wie das Housing Community Development Network of NJ, der New Jersey Citizen Action Education Fund und die Urban League of Essex County. Diese Zuschüsse zielen darauf ab, die Gemeinschaften im Einflussbereich der Provident Bank zu stärken und langfristigen wirtschaftlichen Wohlstand zu fördern. Seit der Gründung des Programms hat die Provident Bank mit 13 lokalen gemeinnützigen Organisationen in New Jersey zusammengearbeitet und damit ihr Engagement für wirtschaftliche und Gemeinschaftsentwicklung demonstriert.

Positive
  • Awarded $88,000 in grants to nine local non-profit organizations
  • Demonstrates commitment to community development and economic empowerment
  • Partnerships with 13 local New Jersey-based non-profits since July 2023
  • Supports organizations focused on financial literacy and housing support
Negative
  • None.

Funding is provided through the bank’s Community Partnership Program

ISELIN, N.J., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Provident Bank, a leading New Jersey-based financial institution, announced today that the bank has awarded funding to nine local non-profit organizations focused on community development, economic empowerment, financial literacy and education and support for housing and homeownership in low and moderate-income communities. Since July 2023, Provident Bank has partnered with 13 local New Jersey-based non-profits via their Community Partnership Program, with the common goal of fostering economic and community development.

“These grant recipients exemplify the profound impact that strategic community investment can provide,” said Roxanne Camejo, Senior Vice President, Community Development Officer, Provident Bank. “We are excited to support the missions of these organizations and help them expand their reach and enhance their ability to serve their communities.”

The Community Partnership Program is consistent with Provident Bank’s commitment to partner with non-profit organizations to holistically support the community. Provident Bank aims to empower communities within its footprint to assist in promoting long-term economic prosperity.

Combined, the recipients of these major grants received a total of $88,000. The local non-profit organizations include:

  • Housing Community Development Network of NJ Annual Membership: dedicated to advancing economic justice, empowering low-income communities, and fostering inclusive participation in public policy.
  • New Jersey Citizen Action Education Fund: committed to advancing social, racial, and economic justice, while addressing the urgent needs of low- and moderate-income New Jerseyans through education and direct services.
  • 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 Corp: 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 (Sussex and Morris counties): 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.

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 $24.07 billion as of June 30, 2024, 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 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


FAQ

How much did Provident Bank (PFS) award in grants to New Jersey non-profits in September 2024?

Provident Bank awarded a total of $88,000 in grants to nine New Jersey non-profit organizations in September 2024 through its Community Partnership Program.

What is the focus of Provident Bank's (PFS) Community Partnership Program?

The Community Partnership Program focuses on supporting organizations dedicated to community development, economic empowerment, financial literacy, and housing support in low and moderate-income communities.

When did Provident Bank (PFS) launch its Community Partnership Program?

Provident Bank launched its Community Partnership Program in July 2023.

How many non-profit organizations has Provident Bank (PFS) partnered with since July 2023?

Since July 2023, Provident Bank has partnered with 13 local New Jersey-based non-profit organizations through its Community Partnership Program.

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