| Home > About Provident > Press Releases > 2007 Press Releases > PROVIDENT BANK APPOINTS MERCANTILE EXECUTIVE TO EVP FOR IMMEDIATE RELEASE
April 17, 2007 Contact: Vicki Cox, Corporate Communications
(410) 277-2063
vacox@provbank.com “Right Size” Bank the “Right Fit” for Stephen Heine
Provident Bank has named Stephen K. Heine as Executive Vice President for Consumer and Business Banking. Heine, a former Senior Vice President with Mercantile Bankshares Corporation, will lead the bank’s consumer and business banking units in Greater Baltimore, Greater Washington and Central Virginia. In this role, Heine will be responsible for leading relationship building initiatives with individuals and business owners. Additionally, Heine will work to further advance Provident as a growing regional bank, with accessible local leadership and a reputation for high quality service. Heine says Provident’s 120-year history sets the bank apart in an ever-changing industry. “I firmly believe there is a place for local banks to succeed in this market. At Provident, I see much potential in the bank’s “right size” philosophy of being large enough to serve but small enough to care. My focus is to further establish Provident as a terrific banking partner for individuals, expand our appeal to business owners and do an exceptional job of helping our customers achieve their financial goals.” Provident President and Chief Operating Officer Kevin Byrnes called Heine a strong addition to Provident’s Senior Management group. “Steve’s expertise in managing high performance sales teams will take Provident’s Consumer and Business Banking Group to the next level in terms of exceeding customer expectations. We are proud to have attracted and hired a candidate with such outstanding credentials.” Heine has an extensive background in retail, small business and commercial banking with over 25 years of experience. He most recently served as Senior Vice President of the Client Services Group for Mercantile Bankshares and led the firm’s strategic initiatives for retail and small business banking. He joined Mercantile in 2003 through the acquisition of Farmers & Mechanics Bank in Frederick, Maryland. While at F&M, Heine worked as Executive Vice President of commercial and retail banking. He also spent 19 years at KeyCorp, a diversified financial services company in Cleveland, Ohio, in a variety of leadership positions that included President and CEO of the Insurance Management Group. Heine received a bachelor’s degree from Alfred University and an MBA from the State University of New York at Albany. Active in several civic organizations, Heine has served on boards that include the Frederick County Chamber of Commerce, the American Red Cross and the Urban League. A resident of Ijamsville, Maryland, Heine and his wife, Carole have four children. About Provident Bankshares Corporation 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 key urban areas of Baltimore, Washington and Richmond through a network of 155 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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