March 5, 2019Provident Bancorp, Inc. /MD/ • June 7th, 2019 • Massachusetts
This letter sets forth the agreement between The Provident Bank, Amesbury, Massachusetts (the “Bank”), a state-chartered bank wholly-owned by Provident Bancorp, Inc. (the “Company”), which in turn is majority owned by Provident Bancorp, a mutual holding company (the “MHC”), collectively “Provident” or the “Company,” and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent conversion appraisal services in conjunction with Provident’s second step conversion offering.
