Provident Bank Hires New Managing Director

MONTEBELLO, NY--(Marketwire - Aug 16, 2012) - Provident Bank, a subsidiary of Provident New York Bancorp (NYSE: 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.

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