Provident Bancorp, Inc. announced that its Board of Directors has officially appointed Carol Houle and Joe Reilly as Co-CEOs and Co-Presidents effective immediately. The team served as interim Co-CEO's since December 23, 2022. Carol Houle will continue to serve as CFO in addition to her new role as Co-CEO.

Houle joined the Bank in 2013 as the EVP and Chief Financial Officer after holding executive positions at Shatswell, Macleod & Co., P.C. and T.C. Edwards & Co., P.C. She is a proven leader that brings strategic vision to the organization, operational insight and extensive financial expertise. Reilly joined the Bank as a member of the Boards of BankProv and Provident Bancorp, Inc. in 2018 and was soon elected Chairman. He co-founded Centrix Bank in 1999 and led the organization as CEO until 2014 when the bank was acquired by Eastern Bank.

Prior to co-founding Centrix Bank, Reilly was Chief Operating Officer and Senior Lending Officer at Centerpoint Bank. He is an industry veteran and a commercial banker known for his dedication to community involvement and local markets.