The Provident Bank has named Jim Portela of Monmouth Beach, N.J., Senior Vice President and Director of Loan Administration. In his new position, Mr. Portela is responsible for managing loan closing, administration, reporting and additional operations.
“Jim is a loan operations executive with broad experience in all aspects of loan servicing, having begun his career by starting and leading a loan service provider business for more than a decade,” said Brian Giovinazzi, EVP and Chief Credit Officer, The Provident Bank. “That said, we are confident in his ability and are proud to welcome him to the team.”
Mr. Portela received his MBA in Finance from Seton Hall University. Prior to The Provident Bank, Portela was a business teacher and athletic site coordinator at Red Bank Catholic High School.
Mr. Portela will be based in Provident Bank’s Metropark offices located at 100 S. Wood Ave. in Iselin.
About The Provident Bank
The Provident Bank, (www.provident.bank) a community-oriented bank offering “Commitment you can count on” since 1839, is the wholly owned subsidiary of Provident Financial Services, Inc. (NYSE:PFS), which reported assets of $9.03 billion as of March 31, 2016. With $6.15 billion in deposits, The Provident Bank provides a comprehensive suite of financial products and services through its network of branches throughout northern and central New Jersey and eastern Pennsylvania. The Bank also provides fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company.