Provident Bank Hires New Managing Director

Bo Kim Joins as Managing Director in Orangeburg

Marketwired

MONTEBELLO, NY--(Marketwire -08/16/12)- Provident Bank, a subsidiary of Provident New York Bancorp (PBNY), announced it has appointed Bo Kim as Managing Director. He will be responsible for managing client relationships out of their Orangeburg financial center.

Mr. Kim has over 10 years of experience in financial services. He most recently served as Branch Sales Manager at Valley National Bank. Over the years, he has managed numerous branches for leading banks in New York and northern New Jersey.

"Bo brings a breadth of experience in managing client relationships in a financial center environment," said Colleen Sousa, Consumer Market Leader for Provident Bank. "We are very pleased he has joined the Provident Bank team."

Headquartered in Montebello, N.Y., Provident Bank, with $3.6 billion in assets, specializes in the delivery of service and solutions to business owners, their families, and consumers in communities within the greater New York City marketplace through teams of dedicated and experienced relationship managers. Our franchise includes 37 Financial Centers. Provident Bank offers a complete line of commercial, business, and consumer banking products and services. For more information, visit the Provident Bank Web site at www.providentbanking.com.

FORWARD-LOOKING STATEMENTS AND ASSOCIATED RISK FACTORS
Any statements contained herein that are not statements of historical fact, including those that anticipate future growth, may be deemed to be forward-looking statements. Forward-looking statements are subject to numerous assumptions, risks and uncertainties that may adversely affect the Company's ability to realize its plans. You should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. There are a number of important factors described in documents filed by the Company with the Securities and Exchange Commission and other factors that could cause the Company's actual results to differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to publicly release the results of any revisions to those forward-looking statements which may be made to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.

Contact:
CONTACT:
Suzanne Copeland
Provident Bank
845.369.8341
Provident New York Bancorp
400 Rella Boulevard
Montebello, NY 10901-4243
T 845.369.8040
F 845.369.8255
www.providentbanking.com

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