A STATEMENT BY ALLEN L. DAVIS, PRESIDENT AND CHIEF EXECUTIVE OFFICER OF PROVIDENT BANCORP, INC.
CINCINNATI, Jan. 7 /PRNewswire/ -- In response to the recent rumors concerning a possible acquisition of Provident Bancorp (NASDAQ: PRBK), Allen L. Davis, president and chief executive officer of Provident Bancorp stated, "Provident has been approached by several banking institutions concerning a possible merger or business combination. There are no agreements or negotiations currently taking place in this regard." -0- 1/7/94 /CONTACT: Marcia A. Gammeter, vice president corporate communications, of Provident Bancorp, 513-579-2741/ (PRBK)
CO: Provident Bancorp, Inc. ST: Ohio IN: FIN SU:
BM-KL -- CL005 -- 0202 01/07/94 14:23 EST
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|Date:||Jan 7, 1994|
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