Lakeland Bank has joined Provident!
We are excited that Lakeland Bank has joined Provident Bank, uniting two organizations who have worked side by side for decades and share a passion for providing an exceptional customer experience to local families, businesses, and communities.
Look for new strengths and new banking conveniences while you retain the accounts, services, and relationships you value at Provident.
Our new commitments to you
More Resources
We are the second largest New Jersey-based bank, with $25 billion in assets, providing even greater stability and lending power to support you and your business.
More Choices
Your Provident branch network has expanded to more than 140 locations, including an even greater concentration in northern and central New Jersey.
Same Personal Service
We’ve kept the Provident name and will stay true to our proud traditions of friendly, personal service—that’s a Commitment You Can Count OnSM.
FAQs
Can you tell me more about Lakeland Bank?
With over 60 branches, mostly in northern and central New Jersey, Lakeland was part of the local banking landscape for over 50 years. Like Provident, Lakeland was highly regarded for both quality of service and banking expertise, as attested by recent awards from both Forbes and American Banker. Above all, Lakeland shared our commitment to families and local communities, supporting the businesses and nonprofit organizations that help our region thrive. Together, we are an even stronger and more capable community bank.
Will my current accounts at Provident change in any way?
No, there are no changes to your accounts as a result of this merger. Of course, we’re always looking for new ways to make enhancements to our services, and a fresh infusion of banking talent and expertise from Lakeland will benefit you on many levels in the long run. In the meantime, you can continue to bank as usual.
When will the two banks fully unite?
As of September 3, 2024, we are operating as a fully united organization under the Provident Bank name.
When can I start banking at former Lakeland branches?
You can now bank at any Provident branch and ATM in our expanded network. To find your local branch, click here.
Will any Provident branches close as a result of this merger?
While Provident and Lakeland branch networks were largely complementary, there were some overlaps, so it made sense to consolidate service in a few areas. In these cases, we consolidated branches with careful thought and great consideration regarding the impact on local communities. When we made the difficult decision to close a branch, we notified you well in advance—and we will always focus on making the best decision for our customers and the communities we serve.
The following list is organized in alphabetical order by closing branch city.
Closing Branch Address | Distance between Branches (Miles) | Receiving Branch Address |
100 Route 206, Augusta, NJ 07822 | 3.05 | 37 Route 15, Lafayette, NJ 07848 |
1260 Broad St., Bloomfield, NJ 07003 | 2.9 | 11 Broad Street, Bloomfield, NJ 07003 |
11 Ackerman Ave, Clifton, NJ 07011 | 0.64 | 562 Lexington Ave, Clifton NJ 07011 |
2650 Rt. 130 & Dey Road, Cranbury, NJ 08512 | 1.11 | 74 North Main Street, Cranbury, NJ 08512 |
55 Broadway, Denville, NJ 07834 | 0.04 | 41 Broadway, Denville, NJ 07834 |
180 Main Street, Fort Lee, NJ 07024 | 1.26 | 320-322 Broad Avenue, Leonia, NJ 07605 |
PO Box 353 399 Route 23, Franklin, NJ 07416 | 1.39 | 25 Rt 23, Franklin, NJ 07416 |
3441 US Hwy 9, Freehold, NJ 07728 | 0.34 | 3514 Route 9 South, Freehold, NJ 07728 |
25 Main Street, Hackensack, NJ 07601 | 0.5 | 9 Polifly Road, Hackensack, NJ 07601 |
140 Mercer Street, Hightstown, NJ 08520 | 0.92 | 509 US 130, East Windsor, NJ 08520 |
425 Route 206, Hillsborough, NJ 08876 | 0.34 | 32 New Amwell Road, Hillsborough, NJ 08876 |
265 Main Street, Madison, NJ 07940 | 0.78 | 98 Main St, Madison, NJ 07940 |
106 E Main St., Mendham, NJ 07945 | 0.16 | 95 E Main St, Mendham, NJ 07945 |
151 South Street, Morristown, NJ 07960 | 0.44 | 24 North Park Place, Morristown, NJ 07960 |
15 Trinity Street, Newton, NJ 07860 | 0.79 | 11 Hampton House Road, Newton, NJ 07860 |
145 Fayette Street, Perth Amboy, NJ 08861 | 0.05 | 339 State St., Perth Amboy, NJ 08861 |
2000 Windrow Drive, Princeton, NJ 08540 | 1.98 | 11 Schalks Crossing Road, Plainsboro, NJ 08536 |
33 Main Street, Sparta, NJ 07871 | 0.27 | 7 Town Center Drive, Sparta, NJ 07871 |
464 Cedar Lane, Teaneck, NJ 07666 | 0.11 | 417 Cedar Lane, Teaneck, NJ 07666 |
7 Church Street, Vernon, NJ 07462 | 0.3 | 529 Route 515, Vernon, NJ 07462 |
455 Route 23, Wantage, NJ 07461 | 0.47 | 378 Route 23, South Wantage, NJ 07461 |
345 Franklin Avenue, Wyckoff, NJ 07481 | 0.21 | 652 Wyckoff Avenue, Wyckoff, NJ 07481 |
I have deposit accounts at both banks. Is there anything I should know?
If you were a customer of both Provident and Lakeland, your accounts will be insured separately through the FDIC until six months after the legal acquisition closing date of May 16, 2024. For Certificates of Deposit (CDs), FDIC insurance will continue until the maturity date, even if the maturity date comes after the six-month grace period. For CDs that mature during the six-month grace period, if you roll over your CD for the same term and matured CD amount, it will be insured separately until the new maturity date. Nonetheless, you should plan to speak with us if you had accounts at both banks with a combined balance of more than $250,000. We may be able to link your accounts to help satisfy any minimum balance requirements and review the ownership category and titling of your accounts to ensure that you continue to qualify for the maximum FDIC coverage allowed by law.
Where can I find out more?
Here are a few resources to explore regarding our merger:
- Our Press Release describes the thinking behind our decision to unite our two banks.
- Our Welcome Center, designed to introduce Lakeland Bank customers to Provident, can also provide you with details about the upcoming transition.
In addition, please feel free to speak with your Provident banker or call us at 800.448.7768 Monday through Friday, 8:00 AM - 7:00 PM and Saturdays, 9:00 AM - 2:00 PM for additional details or answers to your questions.