Provident Bank

Ledyard Appoints Josephine Moran as CEO, Successor to Retiring CEO, Kathy Underwood

Retrieved on: 
Friday, May 19, 2023
Banking, Other Professional Services, Professional Services, Finance, Capital region, University of New Haven, CFP, University, Quinnipiac University, Corporate services, War Industries Board, Financial services, Culture, EVP, Business, Multimedia, Provident Bank, Fashion Institute of Technology, Organization, Senior, Series 7, Credit, NASD, Webster Bank, Growth, American Banker, Management, Marketing, Retail

Kathy Underwood, CEO of Ledyard Financial Group and Ledyard National Bank, announced at the Company’s Annual Meeting of Shareholders on May 18th that she will be retiring on July 3, 2023.

Key Points: 
  • Kathy Underwood, CEO of Ledyard Financial Group and Ledyard National Bank, announced at the Company’s Annual Meeting of Shareholders on May 18th that she will be retiring on July 3, 2023.
  • Josephine Moran, President of Ledyard, assumed the role of President & Chief Executive Officer effective May 18, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20230519005312/en/
    (L to R): Kathy Underwood and Josephine Moran of Ledyard (Photo: Business Wire)
    Ms. Moran joined Ledyard on January 31, 2022, as President and Chief Banking Officer.
  • In her time with Ledyard, Josephine has created efficiencies and initiatives that focus on revenue generation and profitability.

Provident Bank’s ProvidentWomen Hosts Helping Entrepreneurs Rise (H.E.R.) Conference, Strengthening Commitment to Empower Women in Business

Retrieved on: 
Wednesday, April 26, 2023
Partnership, Education, Central Jersey, New Jersey Economic Development Authority, Woman, Female, Provident Bank, Running, Entrepreneurship, Commerce, Economic development, Climate, Empowerment, Conference, Management

The Helping Entrepreneurs Rise (H.E.R.)

Key Points: 
  • The Helping Entrepreneurs Rise (H.E.R.)
  • Conference brought together inspiring female business leaders, local entrepreneurs and community partners for an informative morning of education, networking and empowerment.
  • The goal of the event was to provide resources for women and minority business owners through financial literacy and education, information on running and maintaining a thriving business and resources to support minority and female business owners.
  • “By partnering with these business organizations, ProvidentWomen continues to deliver on its promise to empower women and minority business owners through fostering a climate of diversity and inclusion,” said Stacey Kavanagh, First Vice President, Market Manager, Provident Bank.

Provident Bank Donates Former Jersey City Branch to New City Kids

Retrieved on: 
Monday, April 3, 2023
Linda, Provident Bank, Language, Provident, Hopkins, Ministry of Youth and Sports (Malaysia), Tourism, Literacy

The 5,472 square foot building, located at 533 Bergen Avenue, Jersey City, will be known as the New City Kids Rubingh Center for Youth Development, and will serve as the organization’s fourth Jersey City location.

Key Points: 
  • The 5,472 square foot building, located at 533 Bergen Avenue, Jersey City, will be known as the New City Kids Rubingh Center for Youth Development, and will serve as the organization’s fourth Jersey City location.
  • "New City Kids embodies the values of The Provident Bank Foundation," said Samantha Plotino, Executive Director.
  • “The generous support from Provident Bank and The Provident Bank Foundation will serve an invaluable purpose for this community,” said Shaun Hopkins, Executive Director, New City Kids/Jersey City.
  • Following the donation of this branch to New City Kids, Provident Bank will continue to operate 5 locations in Jersey City.

Provident Financial Services, Inc. Schedules First Quarter Earnings Conference Call

Retrieved on: 
Monday, April 3, 2023
Provident Bank, Insurance, Bank, Self storage, Holding company

The call will also be archived on the Company’s website for a period of one year.

Key Points: 
  • The call will also be archived on the Company’s website for a period of one year.
  • Provident Financial Services, Inc. is the holding company for Provident Bank.
  • The Bank currently operates a network of full service branches throughout northern and central New Jersey, eastern Pennsylvania, and Queens and Nassau Counties, New York.
  • The Bank also provides fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company, and insurance services through its wholly owned subsidiary, Provident Protection Plus, Inc.

Stronghold Digital Mining Reports Fourth Quarter and Full Year 2022 Results and Provides Operational Update

Retrieved on: 
Wednesday, March 29, 2023
Celsius Network, Miner, Electricity, Vexatious litigation, Provident Bank, Whitehawk, Investment, Tobacco Master Settlement Agreement, Signature Bank, Environment, Convertible, Maintenance, Credit agreements in South Africa, PJM, Silicon Valley Bank, Deleveraging, PJM Interconnection, Kilowatt-hour, Coal, Provident Bank of New Jersey, Silvergate Bank, PPL Corporation, FirstEnergy, Credit, SDIG, Sino-Japanese Journalist Exchange Agreement, Light, Merrilees, Panther Creek, Engineering, Economics, Minerva, FTX, Plant, The Strongbox, EBITDA, Mining, First Republic Bank, Cryptocurrency, Video game, Security (finance), Renewable energy, Bitcoin, Foundry

NEW YORK, March 29, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today announced financial and operational results for the fourth quarter and full year 2022 and provided an operational update.

Key Points: 
  • NEW YORK, March 29, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today announced financial and operational results for the fourth quarter and full year 2022 and provided an operational update.
  • “Since the second quarter of 2022, we have announced several agreements to reduce our debt, strengthen our balance sheet, and improve Stronghold’s liquidity position.
  • During the fourth quarter of 2022, Stronghold earned 447 Bitcoin through its mining operations, a decline of approximately 21% from the 567 Bitcoin mined during the third quarter of 2022.
  • Stronghold generated $0.9 million of capacity revenue during the fourth quarter, which was flat from the third quarter and down 53% year-over-year versus the $1.9 million generated during the fourth quarter of 2021.

Nationwide Survey Finds 48% of Americans Have Less Than $1,000 in Savings, While 20% Have No Savings at All

Retrieved on: 
Monday, March 27, 2023
Provident Bank, Travel, Optimism, Retirement, Climate change, Thermostat, Smoking, Provident, Retail, Health insurance, Bank

The results of this survey show a disturbing trend in the cost of living for the average American.

Key Points: 
  • The results of this survey show a disturbing trend in the cost of living for the average American.
  • Survey respondents also reported cutting back on drinking alcohol, while others quit smoking entirely.
  • 17% of respondents noted no personal savings ($0.00); while 31% (31.40) reported having between $1.00 and $1000.00 in a personal savings account.
  • Of those who are planning to buy a car, 83% expect to pay sticker price or below.

Provident Bank Elevates Easse and Tharp to Senior Vice Presidents

Retrieved on: 
Thursday, March 2, 2023
Commerce Bank, TD Ameritrade, Provident, SB, Toronto-Dominion Bank, Hudson United Bank, TD, Retail, Retail Banking Academy, Senior, Growth, Provident Bank, TD Banknorth, Management

Prior to joining Provident in 2020, she was Vice President and Director of Branch Operations with SB One Bank.

Key Points: 
  • Prior to joining Provident in 2020, she was Vice President and Director of Branch Operations with SB One Bank.
  • The bank also announced that Robert Tharp has been promoted to Senior Vice President.
  • Prior to joining Provident in 2021, he served as a Senior Manager of the TD Bank Partnership at TD Ameritrade.
  • In addition, he has held senior leadership positions with TD Bank, TD Banknorth, and as Director of Retail Sales with Hudson United Bank.

Josephine Moran Appointed to Ledyard Board

Retrieved on: 
Tuesday, January 24, 2023
Banking, Professional Services, Finance, University of New Haven, Organization, Ticker, NASD, Corporate services, EVP, Fashion Institute of Technology, Quinnipiac University, University, Corporate Council on Africa, Financial services, CFP, Series 7, Provident Bank, Federal Reserve Board of Governors, Promontory Financial Group, Webster Bank, Chair, Ledyard, Credit, Management, Retail, Marketing

Ledyard Financial Group (Ticker symbol LFGP) is pleased to announce that Josephine Moran has been appointed to the Board of Directors of Ledyard Financial Group, Inc. and Ledyard National Bank.

Key Points: 
  • Ledyard Financial Group (Ticker symbol LFGP) is pleased to announce that Josephine Moran has been appointed to the Board of Directors of Ledyard Financial Group, Inc. and Ledyard National Bank.
  • Bruce King, Ledyard’s Board Chair stated, “In the year that Josephine has been here at Ledyard, she has made many valuable contributions to the organization.
  • Her leadership skills, expertise, and vast banking experience have already served Ledyard well and we are looking forward to having her on the board helping Ledyard execute on our strategic initiatives.”
    Ms. Moran has over twenty years of leadership, community banking, investment services and lending experience.
  • Ledyard Financial Group, Inc., headquartered in Hanover, New Hampshire, is the holding company for Ledyard National Bank.

Provident Financial Services, Inc. and Lakeland Bancorp, Inc. Announce the Receipt of Shareholder Approvals in Connection with Proposed Merger

Retrieved on: 
Wednesday, February 1, 2023
NYSE, Provident Bank, Provident, Financial services, PFS, OAK, Holding company, Retail, Bank

ISELIN, NJ.

Key Points: 
  • ISELIN, NJ.
  • and OAK RIDGE, NJ., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE: PFS) (“Provident”), the parent company of Provident Bank, and Lakeland Bancorp, Inc. (Nasdaq: LBAI) (“Lakeland”), the parent company of Lakeland Bank, today announced the receipt of their respective stockholder and shareholder approvals in connection with the proposed merger of Lakeland with and into Provident.
  • The closing of the proposed merger remains subject to regulatory approvals and certain other customary closing conditions.

Provident Financial Services, Inc. and Lakeland Bancorp, Inc. Announce the Receipt of Shareholder Approvals in Connection with Proposed Merger

Retrieved on: 
Wednesday, February 1, 2023
NYSE, Provident Bank, Provident, Financial services, PFS, OAK, Provident Bank of New Jersey, Holding company, Retail, Bank

ISELIN, N.J. and OAK RIDGE, N.J., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE: PFS) (“Provident”), the parent company of Provident Bank, and Lakeland Bancorp, Inc. (Nasdaq: LBAI) (“Lakeland”), the parent company of Lakeland Bank, today announced the receipt of their respective stockholder and shareholder approvals in connection with the proposed merger of Lakeland with and into Provident.

Key Points: 
  • ISELIN, N.J. and OAK RIDGE, N.J., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE: PFS) (“Provident”), the parent company of Provident Bank, and Lakeland Bancorp, Inc. (Nasdaq: LBAI) (“Lakeland”), the parent company of Lakeland Bank, today announced the receipt of their respective stockholder and shareholder approvals in connection with the proposed merger of Lakeland with and into Provident.
  • The closing of the proposed merger remains subject to regulatory approvals and certain other customary closing conditions.