The Provident's Chuck Withee Joins New Hampshire's Business Finance Authority
April 12, 2017 – The Provident Bank is pleased to announce that Chuck Withee, President of The Provident, has been approved by the Executive Council to serve on the Business Finance Authority (BFA) for the State of New Hampshire. The BFA collaborates with banks, businesses and economic development agencies to expand the availability of credit to manufacturers, businesses, health providers and educational and cultural organizations.
“This work is critical in helping promote the financial ecosystem of our region,” stated Withee. “I’m honored to have been nominated by Governor Sununu and approved by the Executive Council to serve on the BFA. The Agency does important work to help stimulate our regional economy and its mission goes hand-in-hand with the work underway at The Provident. We are deeply committed to supporting the economic growth of New Hampshire through innovative banking solutions as well as creative underwriting initiatives that help produce workforce and export expansion.”
Withee will join Stephen Duprey of Concord, Matthew Benson of Concord, Jeffrey Hayes of Intervale, Daniel Henderson of Hancock, Jeremy Hitchcock of Manchester, and Catherine Provencher of Merrimack who were also just approved to serve on the Business Finance Authority board.
Withee’s name was submitted to the Executive Council for approval by Governor Chris Sununu. The BFA’s next meeting will be Monday, April 17th.
About The Provident
The Provident 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, 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).
About the Business Finance Authority
The Business Finance Authority (BFA) was created in 1992 to foster economic development and create employment in New Hampshire. The BFA accomplishes these objectives by working with New Hampshire's banking, business, and economic development sectors to develop and implement programs which expand the availability of credit in the state. Customers include manufacturers, small and medium-sized businesses, health providers, and non-profit educational and cultural organizations. The BFA continues to update and expand its programs to meet the ever-changing credit needs of New Hampshire's business community.