Provident Bank Named One of America's Best Regional Banks for 2026

Newsweek recognition highlights Provident's commitment to local communities

Jan. 28, 2026 at 1:07pm

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Provident Bank, the largest independent community bank headquartered in Riverside County, California, has been named one of America's Best Regional Banks for 2026 by Newsweek. The recognition is based on a broad range of data and criteria, including the bank's Texas Ratio, profitability, customer feedback, and social media reviews.

Why it matters

This national recognition from Newsweek underscores Provident Bank's role as a trusted community partner that supports local businesses, finances community projects, and ensures reliable access to banking services. As the bank celebrates its 70th anniversary, the award highlights its longstanding commitment to the Riverside County region.

The details

Newsweek, in collaboration with Plant-A Insights Group, evaluated regional banks across the United States using factors such as Texas Ratio, net profitability, net loans, press coverage, and customer feedback from surveys, social media, and app reviews. Provident Bank, with approximately $1.2 billion in total assets, was selected as one of the 500 recipients of the 2026 Best Regional Banks award.

  • Provident Bank is celebrating its 70th anniversary in 2026.
  • The Newsweek 2026 Best Regional Banks list was announced on January 28, 2026.

The players

Provident Bank

The largest independent community bank headquartered in Riverside County, California, serving customers' financial needs since 1956.

Newsweek

A news magazine that, in collaboration with Plant-A Insights Group, recognized 500 regional banks across the United States as part of its 2026 Best Regional Banks list.

Donavon P. Ternes

President and Chief Executive Officer of Provident Financial Holdings, Inc., the holding company for Provident Bank.

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What they’re saying

“Being recognized at the national level by Newsweek as one of America's Best Regional Banks is especially meaningful because this honor is driven in part by customer feedback, affirming the trust our clients place in us every day.”

— Donavon P. Ternes, President and Chief Executive Officer

“More than financial service providers, regional community banks are community partners, showing up in neighborhoods, participating in local initiatives, and helping strengthen the connections that bind their customers together. We hope this list helps you find the most trusted financial institutions in your area - whether you're planning your next business venture or taking your next step toward financial security.”

— Jennifer H. Cunningham, Editor-in-Chief, Newsweek

What’s next

Provident Bank plans to continue its commitment to the Riverside County community, supporting local businesses and initiatives as it celebrates its 70th anniversary in 2026.

The takeaway

Provident Bank's recognition as one of America's Best Regional Banks by Newsweek underscores the importance of community-focused banking institutions that prioritize customer trust, local partnerships, and financial support for the neighborhoods they serve.