The Provident Bank is pleased to announce its support of Newark Mayor Ras J. Baraka’s Summer Youth Employment Program. With a focus on financial empowerment, the unique program combines financial education, exposure to college campuses and the workplace, in addition to school enrichment curriculums such as The Provident Bank and Newark Summer Youth Employment Financial Literacy Program.
The Provident Bank’s Vice President Michael Petrucci joined the Mayor, as well as other local dignitaries and organizations, for a press conference on July 6 to mark the launch of the initiative.
“Thank you Mayor Baraka for putting such a keen focus on our city’s youth and involving Provident Bank in such an important initiative for our community,” said Michael Petrucci, Vice President, The Provident Bank. “Financial literacy is of the upmost importance to the Bank. We look forward to helping these students make the best financial decisions to successfully achieve their goals.”
In addition to job training, The Provident Bank will offer Newark’s youth access to 18 in-depth training modules that teach young people the skills needed to create a strong financial present and future. Last year, more than 450 Newark students took part in a similar program and completed more than 3,660 online modules - dedicating more than 2,740 hours to their personal finance education.
The Summer Youth Employment Program was recently one of 16 Summer Impact Hubs across the United States to be recognized by the White House. The program was recognized for the City’s coordinated efforts to provide youth with job training and preparation, learning programs, violence reduction initiatives and opportunities for innovation and entrepreneurship. More than 2,700 students are currently enrolled in this summer’s program.
Provident Bank is known for “Commitment You Can Count On,” and provides the most convenient and modern community banking services.
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.