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Home > About Provident > Press Releases > 2005 > November 1, 2005 PB Appoints Nicholas F. Lacovara to Vice President

FOR IMMEDIATE RELEASE
November 1, 2005

FOR MORE INFORMATION
Karron Davis Minor
Corporate Communications, (410) 277-8250

PROVIDENT BANK APPOINTS NICHOLAS F. LACOVARA TO VICE PRESIDENT

Baltimore, November 1, 2005 — Provident Bank appoints Nicholas F. Lacovara to Vice President and Controller. He will be responsible for the financial management and internal controls within the Bank’s Court Square Leasing Division in Malvern, PA.

Lacovara has more than 15 years of leasing, management and financial reporting experience. Prior to joining Provident, he was employed as Controller of LEAF Financial Corporation in Philadelphia, PA and was formerly an Accounting Manager with HP Financial Services in Murray Hill, NJ where he oversaw all aspects of portfolio accounting. Previously, he served as the Securitization Manager of CIT/Newcourt Financial Services in Parsippany, NJ.

"I am excited about the opportunity to help design and build an infrastructure to readily accommodate our customers," said Lacovara. "We want to set the standard as the industry leader."

Lacovara, who holds a B.S. in Accounting from Rutgers University in New Brunswick, NJ, was born in Philadelphia, PA. He now resides in Cherry Hill, NJ.
Provident Bankshares Corporation is the holding company for Provident Bank. With $6.4 billion in assets, Provident serves individuals and businesses in the key urban areas of Baltimore, Washington and Richmond through a network of 152 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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