Needham Bank to acquire BankProv.

The merger is expected to receive regulatory approval and close in the fourth quarter of 2025. We will continue to share updates as the process moves forward to keep you informed every step of the way.

For now, there is no impact to your accounts or the way you bank with us. Over time, BankProv clients can expect to benefit from expanded convenience and enhanced offerings.

As we move forward, clients will gain access to a broader range of products and services. Needham Bank offers a wide array of consumer and commercial solutions, including:

For consumers:

• Free checking with free ATM access
• Credit score monitoring and money management tools
• Innovative mortgage options, including a 40-year loan and a first-time homebuyer program
• Home equity lines of credit and credit cards

For businesses:

• Commercial mortgage loans, C&I lending, and business lines of credit
• Expanded capacity for lending—providing us the ability to support larger deals and serve more businesses with tailored financing solutions
• A new, state-of-the-art treasury management platform

Needham Bank is working closely with us to understand our current offerings and will take the best from both institutions to ensure customers have access to a comprehensive and competitive product set.

To learn more about their current offerings, visit NeedhamBank.com.

Yes. Once the acquisition is complete, BankProv will adopt the Needham Bank name. While the name will change, our commitment to delivering exceptional service and supporting your financial goals remains the same.

All BankProv branches and offices will remain open. In fact, Needham Bank plans to continue expanding branch access in our market following the close of the acquisition. You can expect the same convenient service you rely on today—with potential for even more access in the future.

If you have any questions, please reach out to your relationship officer or lender directly. You can also contact our Customer Experience team, who will be happy to assist you.

At this time, there is no change to your relationship manager or banker. If any changes occur in the future, we will communicate with you directly to ensure a smooth transition and continued support.

BankProv and Needham Bank share a strong dedication to community involvement, making this acquisition a natural fit. Together, we look forward to continuing—and expanding—our support for local initiatives and organizations

Your account number(s) and routing number will not change at this time. If any changes are necessary in the future, we will notify you well in advance and provide clear instructions to make the transition as smooth as possible. We’re committed to keeping you informed every step of the way.

Your deposits are currently insured by both DIF and FDIC. After the acquisition, there will be a transition period for DIF insurance, but your FDIC insurance will continue without interruption. Your accounts may also qualify to have access to IntraFi for additional deposit coverage.

No, you will not need to open a new account. We will transition your existing accounts and services seamlessly to Needham Bank to ensure continuity and convenience.

Your current checks and debit cards will remain valid and can be used as usual. If any updates are planned, we’ll communicate them clearly and ahead of time to keep you informed.

At this time, your current account terms—including fees, minimum balances, and interest rates—will remain the same. If there are any changes in the future, we will inform you well in advance.

Since your account and routing numbers will remain the same, your direct deposits and automatic payments will continue without interruption. There’s no action needed on your part at this time.

Until the acquisition is complete, your online and mobile banking login credentials and access will remain the same. As we get closer to the completion date, we will communicate any changes well in advance to ensure a smooth transition.

At this time, there will be no changes to your cash management services. After the acquisition, you will benefit from access to a state-of-the-art treasury management system designed to enhance your business banking experience.

No, you will not be required to sign any new agreements or contracts as part of the acquisition.

At this time, there is no change to your lender. If any changes occur in the future, we will communicate with you directly to ensure a smooth transition and continued support.

Your current lender is still available to assist you and has full knowledge of your loan history. Please feel free to reach out to them directly with any questions or concerns.

Please continue to make your loan payments as usual. If there are any changes to the payment process in the future, we will notify you well in advance.

Your ACH and wire payment instructions will remain the same at this time. Should any updates be necessary in the future, we will make sure to keep you fully informed.

No, there will be no disruptions in loan servicing during the transition. You can continue to expect the same level of service without interruption.

There will be no changes to the terms of your commercial loan, including interest rate, maturity date, or amortization schedule.

No, you will not be required to sign any new agreements or contracts as part of the acquisition.

Please continue the process as planned. It’s business as usual, and your BankProv team will continue to support you throughout.

Yes—Needham Bank offers a broad range of credit facilities. Their commercial lending solutions include commercial real estate loans, lines of credit, and commercial and industrial loans, providing even more options to support your business needs.