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Home > About Provident > Press Releases > 2005 > September 27, 2005 PB Welcomes Bill Nalls To Its Newly Formed Government Contractor Banking Division

FOR IMMEDIATE RELEASE
September 27, 2005

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

PROVIDENT  BANK WELCOMES BILL NALLS TO ITS NEWLY FORMED GOVERNMENT CONTRACTOR BANKING DIVISION

Baltimore — Provident Bank’s Commercial Banking Group welcomes Senior Vice President Bill Nalls to its newly formed Government Contractor Banking Division. He will be responsible for management of Provident’s banking activities in the government contracting segment. He will work out of the Bank's Regional Headquarters in Tyson's Corner, Va.

Nalls will use his 30 years of experience to lead his team of commercial lenders, namely Ronald Hobson and Michael Marsden, and increase Provident’s market share of government contractor business in the Mid-Atlantic.

"Under Bill's leadership, Provident Bank will add even greater focus and direction to an already active segment of our business," said Commercial Banking Group Manager Hugh Newton.

Nalls comes to Provident with an extensive government contractor background. Prior to filling his current position, he served as Executive Vice President of First Horizon Bank in Fairfax, VA and as Managing Director of the Windsor Group in Reston, VA, where he provided investment banking services to area government contracting companies. Nalls is also credited with organizing and managing a very successful government contractor lending unit at the former Signet Bank in McLean, VA. In addition, he brings a wealth of marketing, sales, and mergers and acquisitions expertise to Provident.

"Provident has a culture and reputation of providing value-added services to the business community," said Nalls. "We are well positioned to serve the banking needs of the growing government contractor community," he added.

Nalls completed his undergraduate and graduate work at Virginia Tech University in Blacksburg, VA, earning an MBA and B.S. degree in Finance. He is the past Board Member of the Capital Chapter of the Association for Corporate Growth and currently resides in Arlington, VA.

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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