PROVIDENT BANCORP, INC. (NASDAQ:PVBC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
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Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers
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appointed Jay E. Gould and Charles F. Withee to the Board of
Directors of Provident Bancorp, Inc. (the Company). It has not
been determined which committees of the Board of Directors, if
any, Mr. Gould will be appointed to, and it is expected that
Mr. Withee will not be appointed to any committee of the Board
of Directors.
of Directors of The Provident Bank, the wholly owned subsidiary
of the Company, until their appointment as directors of the
Company. There are no arrangements or understandings between
either Mr. Gould or Mr. Withee and any other person to which
each individual became a director. Neither Mr. Gould nor Mr.
Withee is a party to any transaction with the Company or The
Provident Bank that would require disclosure under Item 404(a)
of Securities and Exchange Commission Regulation S-K.
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None.
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About PROVIDENT BANCORP, INC. (NASDAQ:PVBC)
Provident Bancorp, Inc. is the holding company of The Provident Bank. The Provident Bank is a community bank that serves the banking needs of its customers. The Provident Bank operates from its main office and over two branch offices in the Northeastern Massachusetts area and over four branch offices in Southeastern New Hampshire, and one branch is located in Bedford, New Hampshire. The Bank also has a loan production office in Nashua, New Hampshire. Its primary lending area encompasses Northeastern Massachusetts and Southern New Hampshire, with a focus on Essex County, Massachusetts, and Hillsborough and Rockingham Counties, New Hampshire. Its primary deposit-gathering area is concentrated in Essex County, Massachusetts, Rockingham County, New Hampshire, and Hillsborough County, New Hampshire. The Bank uses funds to originate loans, primarily commercial real estate, construction and land development and commercial business loans, and to invest in securities. PROVIDENT BANCORP, INC. (NASDAQ:PVBC) Recent Trading Information
PROVIDENT BANCORP, INC. (NASDAQ:PVBC) closed its last trading session 00.00 at 20.70 with 5,439 shares trading hands.
