For more than 175 years, Provident Bank has served individuals, families, and businesses in our local communities with personal and business banking services. We’re proud of that. And we’re proud of this: we’re still your bank—right here, right now. What your parents wanted? We had it. What you need? We’ve got it. What your kids will face? We’ll solve it. You are our commitment. That’s why we strive to deliver a mix of innovative services, social impact, and real connection to simplify your life and power your dreams—always with commitment you can count on.
A lot has happened since 1839…Check out our moving timeline below to see where we came from and discover the milestones that made us who we are.
Dudley Gregory, first active president and first mayor of Jersey City, is born.
At Dave Smith’s store, town leaders decide Jersey City needs a savings bank
Provident Institution for Savings in Jersey City is established as state’s first mutual savings bank
Widespread distrust of banks following the Panic of 1837 delays bank opening.
Bank opens for business at Temperance Hall. 200 accounts opened first year.
Provident has $3.5 million in assets
Builds Main Office at 239 Washington Street, rents ground floor to Jersey City Library
Provident has $16 million in assets
First branch office opens at 533 Bergen Avenue, Jersey City
New branch opens in Lafayette section of Jersey City
New branch opens in Greenville section of Jersey City
New branch opens in Heights section of Jersey City
Opening of the Bergen-Journal Square office brings total offices to six
Future Chairman Kenneth Albers joins Provident Bank as a Vice President. Provident now has six branches and $182 million in assets.
Expansion beyond Jersey City begins with West New York at 55th Street office
Acquires First National Bank of Dunellen
Bloomfield Savings Bank merges with Provident
Paul M. Pantozzi becomes President – 34 branches - $1.4 billion in assets
Paul M. Pantozzi elected Chairman
Converts to a publicly held company Provident Financial Services, Inc.
The Provident Bank Foundation is established
Acquires First Savings Bank, Chris Martin becomes President
Acquires First Morris Bank & Trust
Chris Martin elected Chairman
Provident reports $7.1 billion in assets
Provident acquires Beacon Trust Company & expands its wealth management business throughout the state.
Provident completes acquisition of Team Capital and expands into Pennsylvania, expanding, for the first time, outside of New Jersey.
Provident celebrates 175 years with $7.5 billion in assets & 77 branches throughout NJ.
At Provident Bank, commitment to our customers has been our promise since we opened our doors. It seems almost impossible now, but we had humble beginnings in a one room office in Jersey City, NJ, where our first day’s deposits totaled just $227. Since then, we have dedicated ourselves to serving the financial needs of our customers for more than 175 years.
Very few banks can say they’ve been around quite as long, but Provident survived the Civil War and two World Wars. And we didn’t just survive. We came out the other side stronger than before.
Through strategic mergers, we’ve grown from a community savings bank to a major financial institution, expanding our service area, increasing our market share, and adding talented people to our staff. We listen to our customers, investing in innovation to address their ever-evolving needs.
In 2003, we established the Provident Bank Foundation to give back to our local communities. In 2011, we acquired Beacon Trust to help customers attain, preserve, and expand their assets. But amidst the change, there’s been one constant: Commitment you can count on.
I don’t want to write to you about Provident’s big bank capabilities and suite of services that can power you forward. We have them, certainly, but they’re not what make this bank special. Not really. What you’ll come to know us by is our commitment. It’s not just a tagline. It’s who we are. It’s what we do. And we’re proud of it.
Provident has a more than 175-year history of commitment to our customers, communities, and employees. We’ve served generations of New Jersey individuals, families, and businesses, and we look forward to continue serving generations of New Jersey and Pennsylvania customers.
Our team consistently engages with our clients, going all in, investing in innovation, attempting to meet and exceed every expectation. We believe in meeting the customers where they are, as they are—whether it’s in person, online, over the phone, via digital banking technology, or on social media.
Involvement with the community and those in need is also fundamental at Provident. Investing in the growth and opportunities in every one of our markets is what we are about. Our staff and board get involved—not because it is good for business… but because it’s just good. We believe in volunteering, making an impact, leaving the world just a little bit better than we found it. And we don’t hesitate to celebrate the accomplishments of our employees, customers, and community members—because it energizes all parties.
While we know you have myriad choices in banking and wealth management, I hope the opportunity to engage with us will convince you that we are the ones to partner with. For you, for your financial future, come experience commitment you can count on.
Chairman, President & CEO
|Provident Bank is committed to providing the highest quality financial services and products to the communities we serve. We value personal and professional integrity in the workplace and strive to create a cooperative working environment that encourages all employees to reach their full potential. We provide a range of programs and initiatives to support continuous growth and professional development.||We also offer competitive compensation and benefits including undergraduate tuition disbursement, medical, dental, life, and disability insurance, paid-time-off, a 401(k) Plan, an Employee Stock Ownership Plan for full-time employees, and a wide array of benefits for part-time employees|