BankProv Appoints Janine Jakubauskas to Senior Vice President of Company Hazard

AMESBURY, Mass., May well 24, 2022 /PRNewswire/ — BankProv (NASDAQ: PVBC), a upcoming-completely ready business lender that presents adaptive and technological know-how-very first banking options to rising industries, just lately appointed Janine Jakubauskas to the function of Senior Vice President, Business Chance Officer to create, carry out, keep track of, and oversee all aspects of possibility management activities for the Financial institution.

Janine Jakubauskas Appointed to Senior Vice President of Organization Danger at BankProv

Jakubauskas provides much more than 10 decades of field working experience to BankProv and joins us from Signature Lender, wherever she most not long ago served in the position of Vice President, Business Risk Administration. Prior to her time at Signature, Jakubauskas held positions inside of the Complete Money Investigation and Evaluate (CCAR) group at HSBC Financial institution and in bank supervision at the Federal Reserve Financial institution of New York and has participated in a selection of speaking engagements throughout hazard administration conferences and panels during her career. She holds her BSBA diploma in economics and intercontinental small business from Rider University and an MBA in administration from Binghamton College.

“As a ahead-imagining bank, we are in the small business to make a normal of unconventional banking solutions alongside field-major compliance expectations,” claimed Joe Mancini, COO. “Janine brings the strategic, analytical solution and small business-enabling threat frame of mind that we need to have to increase with self-assurance.”

As BankProv carries on to grow its banking alternatives in the digital asset and fintech place, Jakubauskas’ extensive industry understanding and strategic thinking will assure that the Bank and its consumers sufficiently identify, evaluate, keep an eye on and manage the Bank’s information security, cyber safety, operational, compliance, BSA/AML, strategic and reputational challenges.

“BankProv has built a sturdy risk society thus considerably while embracing innovation in the market,” said Jakubauskas. “I look ahead to continuing to develop out the Bank’s danger framework and make sure workforce are geared up with the expertise and applications wanted to engage in danger taking in an educated fashion that is commensurate with the Bank’s ongoing expansion.”

About BankProv

BankProv, legally operating as The Provident Lender, is a subsidiary of Provident Bancorp, Inc. (NASDAQ: PVBC). BankProv is a potential-all set industrial financial institution for company consumers, specializing in giving adaptive and technologies-very first banking solutions to market marketplaces, such as cryptocurrency, renewable electricity, fin-tech and enterprise price lending with a focus on research fund financial loans. We are committed to supplying state-of-the-art APIs (application programming interfaces) for all business purchasers and BaaS (Financial institution as a Company) partners. By our choices, BankProv insures 100% of deposits by means of a combination of coverage provided by the Federal Deposit Coverage Corporation (FDIC) and the Depositors Insurance Fund (DIF). For much more facts, stop by

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Rachelle Petersen, Advertising Supervisor
Cellphone: 603-334-1255
Email: [email protected]

(PRNewsfoto/The Provident Bank)

(PRNewsfoto/The Provident Lender)



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