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Article: Provident Bank Forms New Business Unit; Creates Provident Capital Funding.
- Article from:
- PR Newswire
- Article date:
- March 4, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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New Company to Focus on Commercial Real Estate Loans Nationwide
CINCINNATI, March 4 /PRNewswire/ -- Provident Bank President and CEO Robert L. Hoverson announced the formation of a new commercial mortgage division, Provident Capital Funding. With headquarters in Atlanta, Georgia, Provident Capital Funding will expand the Bank's focus on commercial real estate loans targeted to small to mid-sized companies.
"We are excited about this new division and feel this is an excellent time to expand our commercial mortgage business," said Rodger Davis, Provident's Executive Vice President in charge of all commercial business groups. "While other institutions are ...