Provident Bancorp, Inc. and The Provident Bank Elect Joseph B. Reilly as Chairman of the Board
April 11, 2019 at 11:14 pm IST
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Dave Mansfield, CEO of The Provident Bank, announced that Joe Reilly has been elected Chairman of the Board of The Provident Bank and Provident Bancorp, Inc. Reilly co-founded Centrix Bank in 1999 and served as CEO until 2014. Reilly became the Eastern Bank Regional President. He retired in December 2017. Prior to co-founding Centrix Bank, Reilly was Chief Operating Officer and Senior Lending Officer at Centerpoint Bank. When Centerpoint Bank was acquired, Reilly assumed a senior management position as Senior Vice President of Commercial Banking with Bank of New Hampshire. He also worked in various roles at Fleet Bank for twelve years.
Provident Bancorp, Inc. is the holding company for BankProv (the Bank). The Bank is a commercial bank that offers a comprehensive suite of banking products for corporate clients. The Bank is a banking-as-a-service provider specializing in technology-driven banking solutions. The Bank's commercial lending products include term loans and revolving lines of credit, which are made with either variable or fixed rates of interest. The Bank makes commercial business loans in its market area to a variety of small- and medium- sized businesses, including professional and nonprofit organizations, and, to a lesser extent, sole proprietorships. It serves various industries including renewable energy, fintech and enterprise value lending. The Bank operates from its main office and two branch offices in the Northeastern Massachusetts area, three branch offices in Southeastern New Hampshire and one branch located in Bedford, New Hampshire. It also has a loan production office in Ponte Vedra, Florida.
PROVIDENT BANCORP, INC. 
