The former FDIC veteran joined the boards effective July 30, 2026, adding more than 35 years of bank regulatory and risk oversight experience to Provident Financial Services and Provident Bank.
Provident Financial Services said Michael E. Regan has been appointed to the boards of directors of the company and its wholly owned subsidiary, Provident Bank, effective July 30, 2026. Regan spent more than 35 years in financial regulation, including at the FDIC (U.S. bank deposit insurer and regulator), where he advised boards and executive teams on governance, enterprise risk management, capital adequacy, liquidity oversight, and regulatory compliance. The company said his background also includes leading safety and soundness examinations at institutions with assets ranging from $100 million to more than $100 billion, presenting findings to audit and risk committees, and reviewing merger and acquisition applications. Executive Chairman Christopher Martin said Regan's regulatory expertise and board advisory experience should support Provident's strategic priorities, corporate governance, and long-term shareholder value. Regan said he plans to help the company sustain its growth and long-term success. Provident Financial Services is the holding company for Provident Bank, which operates across New Jersey, parts of Pennsylvania, and counties in New York, while also offering wealth management and insurance services through Beacon Trust Company and Provident Protection Plus, Inc.