AMESBURY, Mass., Jan. 31,
2024 /PRNewswire/ -- BankProv (NASDAQ: PVBC),
a future-ready commercial bank that offers technology-driven
banking solutions to its clients, is pleased to announce the
addition of Sandra Ennin to the
organization as Vice President (VP), Business Banking Officer.
Ennin joins BankProv with over 15 years of industry experience
working with various financial institutions.
In her role at BankProv, Sandra will be responsible for driving
the growth and success of the Bank's small business loan portfolio,
by fostering strong relationships with current clients and
spearheading initiatives to attract new business opportunities.
Additionally, she will collaborate actively with community
organizations in the Newburyport
and Amesbury markets in support of
the overall economic well-being of the region.
"Sandra has a proven track record of delivering financial
solutions to small businesses in the Merrimack Valley of
Massachusetts," said
Joe Kenney, Chief Lending Officer for BankProv. "Her
understanding of the local market and commitment to building
meaningful relationships with small business owners makes her an
exceptional addition to our team."
Ennin brings a wealth of knowledge and expertise to BankProv.
Throughout her career she has made significant contributions at
well-regarded financial institutions where she held various roles
within business banking. Ennin graduated cum laude with a degree in
economics and finance and is currently in the process of earning an
MBA from Southern New Hampshire
University.
"It is an exciting time at BankProv as we are well positioned to
make a difference in the communities that we serve," said Ennin. "I
am thrilled to be in a role where I can further foster my
commitment and passion to understand each business and their unique
needs."
To learn more about BankProv's Small Business Lending Services
visit https://bankprov.com/lending/small-business-lending/.
About BankProv
BankProv is a subsidiary of Provident Bancorp, Inc. (NASDAQ:
PVBC). BankProv is a future-ready commercial bank that offers a
comprehensive suite of banking products for corporate clients. As a
premier Banking-as-a-Service (BaaS) provider specializing in
technology-driven banking solutions to niche markets, the Bank
seeks to build financially strong and vibrant communities by
investing in the success of their clients through understanding and
solving their unique business needs. BankProv is a trusted advisor
and partner to a wide range of niche, technology-driven industries
including renewable energy, fintech and enterprise value lending.
Headquartered in Amesbury,
Massachusetts, BankProv is the 10th oldest bank
in the nation. The Bank insures 100% of deposits through a
combination of insurance provided by the Federal Deposit Insurance
Corporation (FDIC) and the Depositors Insurance Fund (DIF). To
learn more about the organization, visit bankprov.com.
Forward-Looking Statements
This news release may
contain certain forward-looking statements, such as statements of
the Bank's or its affiliates' plans, objectives, expectations,
estimates and intentions. Forward-looking statements may be
identified by the use of words such as, "expects," "subject,"
"believe," "will," "intends," "may," "will be" or "would." These
statements are subject to change based on various important factors
(some of which are beyond the control of the Bank or its
affiliates) and actual results may differ materially. Accordingly,
readers should not place undue reliance on any forward-looking
statements (which reflect management's analysis of factors only as
of the date on which they are given). Readers should carefully
review the risk factors described in other documents that the
Bank's holding company, Provident Bancorp, Inc., files from time to
time with the Securities and Exchange Commission, including Annual
and Quarterly Reports on Forms 10-K and 10-Q, and Current Reports
on Form 8-K.
Press Contact: Kathleen Barrett
Phone: 603-334-1251
Email: kbarrett@bankprov.com
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SOURCE BankProv