(Amesbury, MA., August 6, 2019) – Dave Mansfield, CEO of The Provident Bank announces that The Provident has donated $10,000 to Amesbury Educational Foundation (AEFI). This legacy donation celebrates The Provident’s Amesbury heritage, while supporting the town’s public schools and the children they serve. The Provident has been supporting AEFI since 2005.
Amesbury Educational Foundation (AEFI) is a tax-exempt nonprofit organization that is independent of the Amesbury Public Schools. It was founded in 1981 to provide financial and material support to the Public Schools of Amesbury, MA.
“The Provident Bank has been Amesbury Educational Foundation's longest standing corporate sponsor,” explains Patricia Hoyt, AEFI President. “Every year, thanks to their generosity, AEFI has awarded various grants to teachers that provide opportunities for an innovative program, or equipment. AEFI is grateful to have the support of the Provident Bank as a friend of education, supporting the students in Amesbury Public Schools.”
Supporting schools in the communities The Provident Bank serves is another way the Bank gives back to the community. The Provident Bank prides itself on assisting nonprofit organizations that can enhance future generations.
“The Amesbury Educational Foundation plays an important role in the Amesbury community,” says Mansfield. “It has been our pleasure to partner with this nonprofit organization for the past 14 years, and we are pleased and confident that our donation will be used to further enhance the Amesbury school system. We are honored to be a part of this important cause.”
About The Provident
The Provident Bank, a subsidiary of Provident Bancorp, Inc. (NASDAQ: PVBC), is an innovative, commercial bank that finds solutions for our business and private clients. We are committed to strengthening the economic development of the regions we serve, by working closely with businesses and private clients and delivering superior products and high-touch services to meet their banking needs. The Provident has offices in Massachusetts and New Hampshire. All deposits are insured in full through a combination of insurance provided by the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF).