This Day On The Street
Continue to site
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

175 Years Old And Still Buzzing: The Provident Bank Celebrates Milestone Anniversary In February

The Provident Bank, New Jersey’s first and oldest community bank, will mark 175 years in business on February 27, 2014.

To celebrate its anniversary, the bank will offer refreshments to visitors at all branches on February 27 th, and will host a gala event that evening at the Liberty House in Jersey City, where the bank remains headquartered since its inception. In addition, to commemorate its 175 th anniversary, Provident recently introduced a new logo whose beehive theme embraces the bank’s heritage while reflecting a modern look more representative of the 21st century.

“The Provident Institution for Savings in Jersey City” was established by an act of the New Jersey legislature on February 27, 1839, as a philanthropic organization to help the immigrant poor who fled to America in search of a better life. The Provident—or “The Old Beehive” as it came to be known by its logo—began as a meager cache of deposits amounting to a few hundred dollars kept in a little tin box.

“The Provident Bank serves as an exceptional example of progress and business evolution, as well as community development,” said Chris Martin, President, Chairman and CEO of The Provident Bank. “With humble roots and steady growth, our current position as one of the preeminent financial services firms in New Jersey is a testament to the timeless nature of the principles established by the bank’s first active president, Dudley S. Gregory, who was also the first mayor of Jersey City.

“Since we have committed deeply to the communities we serve while staying true to our image of strength and partnership, Provident has grown into a publicly-owned, multi-faceted financial institution with branches throughout northern and central New Jersey with more than $7 billion in assets.”

A timeline highlighting the history of The Provident Bank is available at

About The Provident Bank

With $5.2 billion in deposits, The Provident Bank ( serves its customers via a network of full-service branches throughout northern and central New Jersey. The Provident Bank is the wholly owned subsidiary of Provident Financial Services, Inc. (NYSE:PFS), which reported assets of $7.45 billion as of December 31, 2013.

1 of 2

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,719.92 -78.57 -0.44%
S&P 500 2,080.41 -9.70 -0.46%
NASDAQ 5,108.6660 -18.8590 -0.37%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs