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Home > About Provident > Press Releases > 2005 > September 23, 2005 PB Support Hurricane Efforts

FOR IMMEDIATE RELEASE
September 23, 2005

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

PROVIDENT  BANK RESPONDS TO SUPPORT HURRICANE RELIEF EFFORTS, $67,225 DONATED TO THE RED CROSS

Baltimore — On behalf of Provident’s 2200 employees, Group Manager Russ Johnson presented the Red Cross with a check, in the amount of $67,225, to aid in relief efforts meant to assist those affected by the devastation of Hurricane Katrina. Bank employees overwhelmingly answered the call to give and serve, and the company matched employee contributions to support the ongoing effort to provide needed resources to those trying to rebuild their lives and communities.

Under the direction of its executive management team, Provident Bank agreed to match employee contributions to the American Red Cross, dollar for dollar, up to $25,000. As employees continued to give generously, they were able to raise more than $37,000. Additionally, Provident had committed $5,000 to the American Red Cross as Johnson, Group Manager of Operations, serves as an active Board Member of the Central Maryland chapter.

"The outpouring of concern here at Provident has been tremendous and truly reflects our core values of ‘caring’ and ‘partnership’," said Chairman and Chief Executive Officer Gary Geisel. "We know that our employees have a spirit of giving and we are proud that they demonstrated the ‘Provident Way’ when it was needed most."

As employees are still actively donating to a variety of causes and supporting area volunteer projects in association with relief efforts, Provident Bank’s Human Resources team and its volunteer service arm, the Provident Volunteer Corps, continue to work together to help with ongoing efforts to rebuild.

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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