Provident Bank Receives $25,000 in Matching Community Donations from The Federal Home Loan Bank of San Francisco
04/08/2021 - 02:11 PM
RIVERSIDE, Calif., April 08, 2021 (GLOBE NEWSWIRE) -- Provident Bank (“Bank”), a wholly owned subsidiary of Provident Financial Holdings, Inc., announced they received $25,000 in matching community donations from The Federal Home Loan Bank of San Francisco (“FHLBank San Francisco”) pandemic relief grant program. As a result, Provident Bank was able to provide a combined total of $50,000 t o 15 local nonprofits with matching funds distributed from the Bank’s Community Partnership Program and the Provident Bank Charitable Foundation.
“We are delighted to be able to partner with FHLBank San Francisco to provide additional funds that will make a meaningful difference in aiding COVID-19 pandemic relief and recovery efforts for our local nonprofits,” stated Craig G. Blunden, Chairman and Chief Executive Officer.
“We are pleased to be able to match Provident Bank’s generous donations to nonprofits in the communities they serve,” said Marietta Núñez, Senior Vice President and Community Investment Officer at FHLBank San Francisco. “With this funding, these organizations can continue to make a difference in the lives of low-income families with children and seniors who have been struggling with the financial fallout of the pandemic.”
Through Provident Bank’s Community Partnership Program, participating nonprofits can receive annual donations simply by having their members bank with Provident Bank. Additionally, the Provident Savings Bank Charitable Foundation is a grant-based program supporting community organizations.
About the Federal Home Loan Bank of San Francisco
Provident Bank
Provident Bank is a federally chartered, full-service retail bank with assets of approximately $1.17 billion . Headquartered in Riverside, California, Provident Bank has been serving the Inland Empire for over 60 years and currently operates 13 full-service retail/business banking branches in the Inland Empire. More information regarding Provident Bank can be found on its website, www.myprovident.com .
Contact: Gwen Wertz, Senior Vice President of Retail Banking (951) 686-6060
Provident Financial Holdings, Inc.
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chartered in 1956, provident bank is the largest independent community bank in riverside county. we built provident bank, then called provident federal savings and loan association, on the strongest foundation possible: our customers. today, our customers are more the focus of what we do than ever before. changes in the way they live and work have taught us what our customers want and expect. asking and listening have taught us what a bank should be. our belief provident bank is committed to the belief that our communities are better served when decisions about financial products and services are made locally by people who know the markets. our corporate values reinforce this philosophy and challenge us to empower our ideas with action. corporate value our primary purpose is to understand the unique financial needs of our customers and to consistently create and deliver reliable products and services, which nurture solid, long-term client relationships and provide an environment for em
