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Provident Bank’s Community Partnership Program Donates Over $892,000 to Local Non-Profit Organizations Since 2006

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Provident Bank's Community Partnership Program has donated over $892,000 to local non-profit organizations since 2006. In 2023 alone, over $49,000 was donated to various groups in Riverside and San Bernardino Counties, emphasizing the importance of giving back to the community. The Program allows non-profits linked to Provident Bank to receive annual donations by connecting their members' accounts, empowering customers to contribute to charitable campaigns. With approximately $1.3 billion in assets, Provident Bank remains committed to supporting local organizations and improving the quality of life in the communities it serves.

Dal 2006, il Programma di Partnership Comunitaria di Provident Bank ha donato oltre 892.000 dollari a organizzazioni non-profit locali. Solo nel 2023, sono stati donati più di 49.000 dollari a diversi gruppi nelle contee di Riverside e San Bernardino, sottolineando l'importanza del contributo alla comunità. Il programma permette alle non-profit collegate a Provident Bank di ricevere donazioni annuali tramite il collegamento dei conti dei loro membri, dando ai clienti la possibilità di partecipare attivamente alle campagne benefiche. Con circa 1,3 miliardi di dollari in attivi, Provident Bank continua a impegnarsi nel sostegno alle organizzazioni locali e nel miglioramento della qualità della vita nelle comunità che serve.
Desde 2006, el Programa de Asociación Comunitaria de Provident Bank ha donado más de 892.000 dólares a organizaciones sin ánimo de lucro locales. En 2023, se donaron más de 49.000 dólares a varios grupos en los condados de Riverside y San Bernardino, destacando la importancia de contribuir a la comunidad. El programa permite que las organizaciones sin fines de lucro vinculadas al banco reciban donaciones anuales al conectar las cuentas de sus miembros, facultando a los clientes para apoyar campañas benéficas. Con aproximadamente 1,3 mil millones de dólares en activos, Provident Bank sigue comprometido con el apoyo a organizaciones locales y la mejora de la calidad de vida en las comunidades que sirve.
프로비던트은행의 커뮤니티 파트너십 프로그램은 2006년 이래로 지역 비영리 조직에 892,000달러 이상을 기부해왔습니다. 2023년에만 리버사이드 및 샌버너디노 카운티의 여러 단체에 49,000달러 이상이 기부되었으며, 이는 커뮤니티에 환원하는 것의 중요성을 강조합니다. 이 프로그램은 프로비던트은행과 연계된 비영리 단체들이 회원들의 계좌를 연결함으로써 매년 기부금을 받을 수 있게 하여, 고객들이 자선 캠페인에 기여할 수 있게 합니다. 약 13억 달러의 자산을 보유한 프로비던트은행은 지역 조직을 지원하고 그것이 봉사하는 커뮤니티의 삶의 질을 향상시키는 데 전념하고 있습니다.
Depuis 2006, le Programme de Partenariat Communautaire de Provident Bank a fait don de plus de 892 000 dollars à des organisations à but non lucratif locales. Rien qu'en 2023, plus de 49 000 dollars ont été donnés à divers groupes dans les comtés de Riverside et de San Bernardino, soulignant l'importance de redonner à la communauté. Le programme permet aux organisations non lucratives liées à Provident Bank de recevoir des dons annuels en connectant les comptes de leurs membres, permettant ainsi aux clients de contribuer à des campagnes caritatives. Avec environ 1,3 milliard de dollars d'actifs, Provident Bank reste engagée à soutenir les organisations locales et à améliorer la qualité de vie dans les communautés qu'elle sert.
Seit 2006 hat das Community Partnership Programm der Provident Bank über 892.000 Dollar an lokale gemeinnützige Organisationen gespendet. Allein im Jahr 2023 wurden über 49.000 Dollar an verschiedene Gruppen in den Landkreisen Riverside und San Bernardino gespendet, was die Bedeutung der Rückgabe an die Gemeinschaft betont. Das Programm ermöglicht es gemeinnützigen Organisationen, die mit der Provident Bank verbunden sind, jährliche Spenden zu erhalten, indem sie die Konten ihrer Mitglieder verknüpfen, was es den Kunden ermöglicht, sich an wohltätigen Kampagnen zu beteiligen. Mit etwa 1,3 Milliarden Dollar in Vermögenswerten bleibt die Provident Bank weiterhin engagiert, lokale Organisationen zu unterstützen und die Lebensqualität in den Gemeinden, die sie bedient, zu verbessern.
Positive
  • Provident Bank's Community Partnership Program has donated over $892,000 to local non-profits since 2006, demonstrating a strong commitment to community support.

  • In 2023, over $49,000 was donated to local organizations in Riverside and San Bernardino Counties, highlighting the ongoing contributions to improving community welfare.

  • The Program enables non-profit organizations linked to Provident Bank to receive annual donations by connecting their members' accounts, fostering community engagement and support.

  • With approximately $1.3 billion in total assets, Provident Bank remains the largest independent community bank in Riverside County, emphasizing its strong financial position and commitment to local communities.

Negative
  • None.

RIVERSIDE, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc., NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B. (“Provident Bank”) has donated over $892,000 to local non-profits with their Community Partnership Program (“Program”) since the Program’s inception in 2006. For the year ending 2023, Provident Bank donated more than $49,000 to local non-profit organizations such as service groups, parent teacher associations, homeowner’s associations, booster clubs, foundations, church groups and societies, among others in Riverside and San Bernardino Counties.

“The Bank realizes the importance of giving bank to local, non-profit organizations that improve the quality of life in the communities we serve. By empowering our customers to help direct the Bank’s charitable campaigns, we assist in fulfilling the goals of these admirable organizations,” stated Gwen Wertz, Senior Vice President of Retail Banking.

Provident Bank’s Community Partnership Program allows participating non-profit organizations to receive annual donations by simply linking their unique ID number to their members who are customers of Provident Bank. Organizations can earn more as more of their members link their accounts to their unique ID. Of course, some restrictions apply and interested groups are encouraged to contact Provident Bank for more information about the Program. You can reach Provident Bank at (800) 745-2217 to ask about the Community Partnership Program or by visiting www.myprovident.com.

With approximately $1.3 billion in total assets, Provident Bank is the largest independent community bank headquartered in Riverside County, California, and has been serving the financial needs of its customers since 1956.

Safe-Harbor Statement

Certain matters in this News Release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may relate to, among others, expectations of the business environment in which the Company operates, projections of future performance, perceived opportunities in the market, potential future credit experience, and statements regarding the Company’s mission and vision. These forward-looking statements are based upon current management expectations, and may, therefore, involve risks and uncertainties. The Company’s actual results, performance, or achievements may differ materially from those suggested, expressed, or implied by forward-looking statements as a result of a wide range of factors including, but not limited to, the general business environment, interest rates, the California real estate market, competitive conditions between banks and non-bank financial services providers, regulatory changes, and other risks detailed in the Company’s reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2023.

Contacts:

Donavon P. Ternes
President and
Chief Executive Officer

Tam B. Nguyen
Senior Vice President and
Chief Financial Officer

(951) 686-6060


FAQ

How much has Provident Bank donated to local non-profits since 2006?

Provident Bank has donated over $892,000 to local non-profit organizations since 2006.

What is the purpose of Provident Bank's Community Partnership Program?

The purpose of the Program is to support local non-profit organizations by allowing them to receive annual donations through their members' accounts at Provident Bank.

How can non-profit organizations participate in Provident Bank's Community Partnership Program?

Non-profit organizations can participate by linking their unique ID number to their members who are customers of Provident Bank, enabling them to receive donations.

How can interested groups learn more about Provident Bank's Community Partnership Program?

Interested groups can contact Provident Bank at (800) 745-2217 or visit www.myprovident.com for more information about the Program.

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