The Provident Congratulates Bank Corporator For Winning SBA Award



(AMESBURY, MA., May 31, 2018) – Provident Bank CEO Dave Mansfield proudly congratulates W.H. Bagshaw owners Aaron and Adria Bagshaw for winning the SBA’s 2018 Jeffrey Butland Family Owned Business of the Year Award. 


“I have a deep respect for W.H. Bagshaw company,” comments Mansfield. “At 148 years old, and in its fifth generation of leadership, this company has withstood the test of time. That kind of success can only be gained through perseverance, the willingness to adapt to change, and investing in the culture of he organization. I am extremely proud of what they have accomplished.” 


W.H. Bagshaw has been a major domestic and international supplier of all types of pins, pin assemblies and wire products. It is the oldest pin maker in the United States. When Aaron started working in the family business in the late 1990’s, he knew that continuous change would be necessary for the business to survive another generation. 


“We are guided by the founding principals and entrepreneurial spirit of our forefathers,” explains Aaron. “Our company, like our products, is built on quality – quality people manufacturing quality products since 1870.”


Today the W.H. Bagshaw Company employs 41 employees and Aaron and Adria are committed to constantly strengthening the culture and workplace. They are known for their quality products and for their heritage. 


“For us, it’s a matter of thriving, not just surviving,” comments Adria. “Aaron stresses a “make it happen” mentality and makes sure we’re constantly working on improvements for the business. We never stop innovating. We’re unique in that we have the legacy and reputation that comes with being almost 150 years old, but have the mindset, heart, and vibe of a startup company.”


Adria has been a Corporator of The Provident Bank for five years. 


“It has been an honor to work with Adria at The Provident,” continues Mansfield. “She and Aaron are wonderful people. They are committed to the success of their business, their employees, and to their community. Their award is definitely deserved!”


The Jeffrey Butland Family Owned Small Business of the Year Award, which recognizes an outstanding family business, was presented to Aaron and Adria Bagshaw at the SBA Award ceremony on May 2nd. 



About The Provident

The Provident Bank, a subsidiary of Provident Bancorp, Inc. (NASDAQ: PVBC), is an innovative, commercial bank that finds solutions for our business and private clients. We are committed to strengthening the economic development of the regions we serve, by working closely with businesses and private clients and delivering superior products and high-touch services to meet their banking needs. The Provident has offices in Massachusetts and New Hampshire. All deposits are insured in full through a combination of insurance provided by the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF).