Provident Bank Donates Bank Ledgers Dating Back to 1839 to Jersey City Library

On Apr 23, 2024

Provident Bank was established in 1839 in a one-room office in Jersey City, and it holds the distinction of being the oldest New Jersey-based bank. Its first day’s deposits totaled just $227.

The ledgers will be on display at the library, where they will be carefully cataloged, preserved and made accessible to the community.

“The Jersey City Free Public Library is pleased to accept this donation and continue our ongoing relationship with Provident Bank, which dates back to the origins of the library,” said John Beekman, chief librarian. “The local history collection held in the library’s New Jersey Room benefits from the thoughtfulness of individuals and organizations that take the time to ensure the records of the city’s past are preserved. We appreciate Provident Bank’s ongoing commitment to the city we share as home.”

This donation to the Jersey City Free Public Library reflects Provident Bank’s commitment to preserving and sharing its history with the residents of Jersey City.

“As the oldest financial institution based in New Jersey, it is only fitting that we share a piece of our rich history with the city where Provident Bank was founded in 1839,” said Keith Buscio, FVP, director of public relations & communications at Provident Bank.

Provident Bank is the wholly owned subsidiary of Provident Financial Services, Inc., which reported assets of $14.2 billion as of December 31, 2023. With $10.3 billion in deposits, Provident Bank provides a suite of financial products and services through its network of branches throughout northern and central New Jersey, as well as Bucks, Lehigh and Northampton counties in Pennsylvania and Nassau and Queens Counties in New York.

The Bank also provides fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company, and insurance services through its wholly owned subsidiary, Provident Protection Plus, Inc.

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