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Provident Bancorp ends community offering for conversion

Provident Bancorp Inc., a newly formed Maryland corporation that is the proposed successor holding company for Provident Bank (MHC), ended the community stock offering related to previously announced plans of Provident Bancorp Inc (MHC) to become a fully public company.

The completion of the conversion and offering remains subject to the receipt of all regulatory approvals and the approval of the company's stockholders.