Overview / Commentary
BankProv was founded in 1828 as The Provident Bank and exists today as the 10th oldest bank in the country. BankProv is a future-ready commercial bank for corporate clients, specializing in offering adaptive and technology-first banking solutions to niche markets, including cryptocurrency, renewable energy, fin-tech and enterprise value lending with a focus on search fund loans.
Reviews (2)
Best Bank By Far!
By far the best bank I’ve ever worked with. Their responsiveness and attention to detail is second to none. I couldn’t imagine doing my banking elsewhere. The 100% insurance coverage is an extra bonus!
Terrible Experience With Bankprov Max Acct
BankProv's service is just subpar. Their offered rate is great, but not worth the poor/rude customer service.
Health
B
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 90141 |
| Year Established | 1828 |
| Employees | 178 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.54% |
| Return on Equity - YTD | 4.14% |
| Annual Interest Income | $20.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $1.55B$1.66B |
| Loans | Q1 2025vs Q1 2024 | $1.31B$1.34B |
| Deposits | Q1 2025vs Q1 2024 | $1.2B$1.35B |
| Equity Capital | Q1 2025vs Q1 2024 | $208.1MM$201.3MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $21.2MM$16MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $31.4MM$12.1MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |