[ad_1]
Portsmouth, New Hampshire, January 9, 2024 /PRNewswire/ — BankProv (NASDAQ: PVBC) is a future-ready commercial bank that provides technology-driven banking solutions to its customers. kurt murray I joined the team in the role of Assistant Vice President (AVP), Business Banking Officer. With over 20 years of his experience in financial institutions throughout coastal New Hampshire, Mr. Kurt brings a wealth of expertise to his new role.
In his role at BankProv, Kurt will lead business development efforts and work closely with clients in the commercial loan portfolio. He will take a community-centered approach, actively engaging with local community organizations and fostering relationships with business owners in the community.
“We are excited to welcome Kurt to our team of experienced business bankers,” he said. Joe Kenny, Chief Loan Officer. “Curt’s ability to understand each client’s unique business needs and provide customized solutions to support business growth aligns perfectly with BankProv’s mission.”
Mr. Murray’s extensive financial services background is complemented by proven skills in commercial lending and leadership. He graduated from Middlesex University and is currently pursuing a Bachelor of Science in Organizational Leadership. Southern New Hampshire University.are actively involved in portsmouth Mr. Kurt of the Chamber has served in key roles on various committees and boards of the Portsmouth Elks Lodge since 2016.
“I am excited to join the BankProv team,” said Murray. “There is nothing more satisfying than contributing to the well-being of a community and supporting the growth of local businesses.”
About BankProv
BankProv is a subsidiary of Provident Bancorp, Inc. (NASDAQ: PVBC). BankProv is a future-ready commercial bank offering a comprehensive suite of banking products for corporate customers. As a leading Banking-as-a-Service (BaaS) provider specializing in technology-driven banking solutions for niche markets, we invest in our clients’ success by understanding and solving their unique businesses. By doing so, we aim to build a financially strong and vibrant community. needs. BankProv is a trusted advisor and partner for a wide range of niche technology-driven industries, including renewable energy, fintech, and enterprise value financing.Head office location amesbury, massachusettsBankProv is 10.th The oldest bank in the country. The Bank insures 100% of deposits with a combination of insurance provided by the Federal Deposit Insurance Corporation (FDIC) and the Depositor 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 subject to the safe harbor provisions of the Private Securities Litigation Reform. is intended. 1995 Act. Such statements include words such as “may,” “will,” “will,” “intend,” “believe,” “expect,” “plan,” “estimate,” and “anticipate.” ”, “ “Continue” or similar terms, variations of those terms, or negative forms of those terms. These statements are based on the current beliefs and expectations of our management and are subject to significant risks and uncertainties. Actual results may differ materially from those described in the forward-looking statements as a result of a number of factors. Factors that could cause such differences to exist include, but are not limited to, the effects of pandemic diseases, natural disasters, national or international wars, acts of terrorism, accidents, or similar acts or events. . relating to real estate and the economic environment, including inflation, particularly in the market areas in which we operate; Fiscal and monetary policies of the U.S. government. changes in government regulations affecting financial institutions, including regulatory compliance costs and capital requirements; changes in the adequacy of allowances for loan losses; Lower deposit levels require increased borrowing to fund loans and investments. operational risks, including but not limited to cybersecurity; scam and natural disasters. the risk that we may not be successful in implementing our business strategy; Changes in prevailing interest rates. Credit risk management. Asset liability management. Additional risks described in the Company’s filings with the Securities and Exchange Commission are available on the SEC’s website at www.sec.gov.
The Company would like to caution readers not to place undue reliance on such forward-looking statements, which speak only as of the date they are made. We believe that the above-mentioned or other factors may affect our financial performance and that our actual results in future periods may differ from any opinions or representations expressed with respect to future periods in our current statements. We want to inform our readers that things can vary significantly. The Company reserves the right to revise any forward-looking statements that may be made to reflect events or circumstances after the date of the forward-looking statements or to reflect the occurrence of anticipated or unanticipated events. We specifically disclaim and are under no obligation to publish the results. .
Press Contact: Tricia Peters, Vice President of Marketing
Email: [email protected]
Source BankProv
[ad_2]
Source link
