[2] Due to the general public mistrust of banks resulting from the Panic of 1837, it did not accept its first deposit of $227 until October 16, 1843.
[2] The Provident was run out of a room in Jersey City's Temperance Hall until moving to the office of Treasurer Peter Bentley in 1846.
When the deal was complete, however, Provident had increased its assets by $20 million and added two new branch offices – Dunellen and Green Brook.
A landmark event in the history of both Provident and its neighboring competitor Bloomfield Savings Institution was marked in 1983 when they announced a merger that would create a billion-dollar plus bank.
The go-live date for the conversion of Lakeland Bank into Provident was scheduled for September 3, 2024, after Labor Day weekend.