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August 16, 2004 FOR MORE INFORMATION
Vicki Cox
Corporate Communications
410-277-2063 "The Provident Bank Scholarship to Provide $90,000 in Education Over the Next Four Years" Baltimore, MD August 16, 2004 — Further strengthening a dedication to the education of the Baltimore community, Provident Bank and Mount Saint Joseph High School announce a scholarship to benefit students of the Irvington-based institution. For the next three years, Provident Bank will choose a deserving freshman to receive "The Provident Bank Scholarship," which will fund his education in the form of $10,000 each year he attends the Mount. Provident Bank will award $90,000 in scholarship monies to students at Mount Saint Joseph over the next four years. "When Mount Saint Joseph approached Provident Bank about sponsoring a needy student from the Baltimore area at Mount Saint Joseph, I never expected the incredibly generous response which we received from the bank," states Brother James M. Kelly, C.F.X., President of Mount Saint Joseph. "Not only did they agree to sponsor one student, they agreed to sponsor three! The Mount is truly overwhelmed by Provident Bank’s generosity." Already deeply rooted in bettering the lives of the youth of Baltimore, Provident Bank currently sponsors a Mount Saint Joseph student who came from Mother Seton Academy, a tuition-free middle school for low-income families in East Baltimore. "Provident Bank is fully committed to strengthening our partnerships with organizations that further the betterment of the lives and communities we serve," said Kevin Byrnes, President of Provident Bank. "One of our core community relations efforts centers on education. What a wonderful opportunity to model our investment in the future leaders of tomorrow," he added. Provident Bankshares Corporation is the holding company for Provident Bank, the second largest independent commercial bank headquartered in Maryland. With $6.4 billion in assets, Provident serves individuals and businesses in the dynamic Baltimore-Washington corridor through a network of 146 offices in Maryland, Virginia, and southern York County, PA. Provident Bank also offers related financial services through wholly owned subsidiaries. Securities brokerage, investment management and related insurance services are available through Provident Investment Center and leases through Court Square Leasing and Provident Lease Corp. Visit Provident on the web at www.provbank.com.
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