This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Provident Bank To Provide Free Overdraft Assistance To Customers Receiving Social Security And Other Federal Payments Should Government Benefit Payments Be Delayed Due To Possible Debt Ceiling Breach

The Provident Bank, http://www.providentnj.com, the oldest community bank operating exclusively in New Jersey for nearly 175 years, has announced that it will provide free overdraft assistance to those customers whose Social Security and other Federal payments may be delayed should efforts to raise the debt ceiling not be resolved soon.

“While we remain hopeful that there will be a resolution in Washington to raise the debt ceiling before Social Security and other payments could be delayed, we wanted to assure our valued customers that in the event a solution cannot be found in time, Provident will step forward to fill the gap should these Federal payments be delayed for even one day. While we are mindful of not wanting to create any false alarms, we believe it is prudent to let our customers who receive Social Security and other federal benefit payments know that we will offer a safety net so that they will be able to continue to pay their bills and make their routine purchases,” said Chris Martin, president of Provident Bank.

Details of the program will be available at all Provident Bank branch locations as of October 25 th.

About Provident Bank

With $5.3 billion in deposits, Provident Bank ( www.ProvidentNJ.com) serves its customers via a network of full-service branches throughout northern and central New Jersey. Provident Bank is the wholly owned subsidiary of Provident Financial Services, Inc. (NYSE:PFS), which reported assets of $7.3 billion as of June 30, 2013.

Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs