PORTSMOUTH, N.H., Jan. 9, 2024
/PRNewswire/ -- BankProv (NASDAQ: PVBC), a future-ready
commercial bank that offers technology-driven banking solutions to
its clients, is pleased to announce the addition of Curt Murray to its team in the role of Assistant
Vice President (AVP), Business Banking Officer. With over two
decades of experience in financial institutions across the greater
New Hampshire Seacoast, Curt brings a wealth of expertise to his
new position.
In his capacity at BankProv, Curt will lead business development
efforts and work closely with clients in the commercial loan
portfolio. Embracing a community-centric approach, he will actively
engage with local community organizations, and cultivate
relationships with business owners in the community.
"We are thrilled to welcome Curt to our team of seasoned
business bankers," stated Joe
Kenney, Chief Lending Officer. "Curt's ability to understand
each client's unique business needs and deliver tailored solutions
to support their business growth perfectly aligns with our mission
at BankProv."
Murray's extensive financial services background is complemented
by his proven skills in commercial lending and leadership. A
graduate of Middlesex College, he is currently pursuing a Bachelor
of Science in Organizational Leadership from Southern New Hampshire University. Actively
involved with the Portsmouth
Chamber of Commerce, Curt has played integral roles on various
committees and boards at the Portsmouth Elks Lodge since 2016.
"I am excited about joining the BankProv team," expressed
Murray. "Nothing brings me more satisfaction than contributing to
the well-being of the local community and supporting the growth of
area businesses."
About BankProv
BankProv is a subsidiary of Provident Bancorp, Inc. (NASDAQ:
PVBC). BankProv is a future-ready commercial bank that offers
a comprehensive suite of banking products for corporate clients. As
a premier Banking-as-a-Service (BaaS) provider specializing in
technology-driven banking solutions to niche markets, the Bank
seeks to build financially strong and vibrant communities by
investing in the success of their clients through understanding and
solving their unique business needs. BankProv is a trusted advisor
and partner to a wide range of niche, technology-driven industries
including renewable energy, fintech and enterprise value
lending. Headquartered in Amesbury,
Massachusetts, BankProv is the 10th oldest bank
in the nation. The Bank insures 100% of deposits through a
combination of insurance provided by the Federal Deposit Insurance
Corporation (FDIC) and the Depositors Insurance Fund (DIF). To
learn more about the organization, visit bankprov.com.
Forward-Looking Statements
Certain statements
contained herein constitute "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934 and are intended to
be covered by the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Such statements may be
identified by words such as "may," "will," "would," "intend,"
"believe," "expect," "plan," "estimate," "anticipate," "continue,"
or similar terms or variations on those terms, or the negative of
those terms. These statements are based upon the current
beliefs and expectations of Company management and are subject to
significant risks and uncertainties. Actual results may differ
materially from those set forth in the forward-looking statements
as a result of numerous factors. Factors that could cause
such differences to exist include, but are not limited to: the
effects of any pandemic disease, natural disaster, national or
international war, act of terrorism, accident, or similar action or
event; those related to the real estate and economic environment,
including inflation, particularly in the market areas in which the
Company operates; fiscal and monetary policies of the U.S.
Government; changes in government regulations affecting financial
institutions, including regulatory compliance costs and capital
requirements; fluctuations in the adequacy of loan loss
reserves; decreases in deposit levels necessitating increased
borrowing to fund loans and investments; operational risks
including, but not limited to, cybersecurity, fraud
and natural disasters; the risk that the Company may not be
successful in the implementation of its business
strategy; changes in prevailing interest rates; credit risk
management; asset-liability management; and other risks described
in the Company's filings with the Securities and Exchange
Commission, which are available at the SEC's website,
www.sec.gov.
The Company wishes to caution readers not to place undue
reliance on any such forward-looking statements, which speak only
as of the date made. The Company wishes to advise readers that the
factors listed above or other factors could affect the Company's
financial performance and could cause the Company's actual results
for future periods to differ materially from any opinions or
statements expressed with respect to future periods in
any current statements. The Company does not undertake and
specifically disclaims any obligation to publicly release the
results of any revisions, which may be made to any forward-looking
statements to reflect events or circumstances after the date of
such statements or to reflect the occurrence of anticipated or
unanticipated events.
Press Contact: Tricia Peters, Vice President of
Marketing
Email: tpeters@bankprov.com
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SOURCE BankProv