The Provident Bank Donates $15,000 to The Music Hall's Live at the Loft
Exclusive partnership strengthens city's economic health, allows popular programming to continue
(PORTSMOUTH, N.H., September 5, 2017) – The Provident Bank, announced today it has donated $15,000 to The Music Hall in Portsmouth as the exclusive sponsor of its Live at the Loft program.
The donation will allow The Music Hall, the largest arts organization on the Seacoast, to bring a roster of acclaimed artists to the city in its intimate Live at the Loft space.
“The partnership between The Music Hall and The Provident highlights the bank’s commitment to the economic development of our community,” said Patricia Lynch, Executive Director at The Music Hall. “This investment in the arts and culture allows us to continue to program six nights a week, serving as an incentive for people to come to Portsmouth. That’s people coming to downtown, parking, shopping, dining and staying in the hotels.”
The Music Hall and its audiences bring more than $8.9 million to the local economy annually, according to the Arts and Economic Prosperity 5 survey, conducted by Americans for the Arts.
“The Music Hall and its Live at the Loft program has been a cultural and economic engine in Portsmouth for some time,” Provident CEO Dave Mansfield said. “As part of our continued commitment to the Portsmouth community, we are happy to play a role in ensuring it remains a beneficial element in the region's economic and cultural health.”
Artists scheduled to perform as part of the Live at the Loft program include Matthew Caws, of Nada Surf, Nellie McKay, Cape Snow with members of local band Tiger Saw, The Garifuna Collective featuring Umalali from Central America, Willie Watson from Old Crow Medicine Show, and Sean McCann, a founding member of the Canadian band Great Big Sea. The Loft, which seats 124, first opened in 2011 with a performance by the Boston band, Buffalo Tom.
The Loft is located at 131 Congress Street in downtown Portsmouth, right around the corner from the Music Hall's Historic Theater.
The donation is the latest investment The Provident has made in the city, its economic development and its cultural organizations. The Provident sponsors the New Hampshire Film Festival and Prescott Park Festival annually, hosts its award winning Lobby for the Arts program in its Portsmouth branch, among other sites, and this year opened its executive offices in the city’s downtown at 25 Maplewood Avenue.
About The Provident
The Provident Bank 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).