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Provident Bank provides $50,000 in grants to six nonprofits

Source: ROI-NJ · Jul 22, 2026, 11:00 AM

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Provident Bank provides $50,000 in grants to six nonprofits news image

Provident Bank announced it awarded $50,000 in grants to six nonprofit organizations through the Federal Home Loan Bank of New York's Small Business Recovery Grant Program.

The initiative supports nonprofits and small businesses affiliated with FHLBNY member institutions, helping organizations across the region access funding for growth and community impact.

Key points

  • Provident Bank distributed $50,000 across six nonprofit grant recipients
  • Funding came through the FHLBNY Small Business Recovery Grant Program
  • Program benefits nonprofits, farms, and small businesses of FHLBNY members
  • Grant awards announced on July 22
  • Initiative supports economic recovery and community development

FAQ

What is the FHLBNY Small Business Recovery Grant Program?
The Federal Home Loan Bank of New York's program provides funds to benefit small businesses, farms, and nonprofit organizations that are affiliated with FHLBNY member institutions like Provident Bank.
How much did Provident Bank award in grants?
Provident Bank awarded $50,000 in total grants distributed among six nonprofit organizations.
Who is eligible for these grants?
Eligible recipients include nonprofit organizations, small businesses, and farms that work with FHLBNY member banks.

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