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Provident New York Bancorp Declares Quarterly Dividend of $0.06 per Share

MONTEBELLO, NY -- (Marketwire) -- 10/25/12 -- Provident New York Bancorp (NYSE: PBNY), the parent company of Provident Bank, today announced that the Board of Directors has declared a quarterly cash dividend of $0.06 per share. The dividend is payable November 15, 2012 to holders of record as of November 5, 2012.

Headquartered in Montebello, N.Y., Provident Bank, with $3.6 billion in assets, specializes in the delivery of service and solutions to business owners, their families, and consumers in communities within the greater New York City marketplace through teams of dedicated and experienced relationship managers. Our franchise includes 35 Financial Centers. Provident Bank offers a complete line of commercial, business, and consumer banking products and services. For more information, visit the Provident Bank Web site at www.providentbanking.com.

PROVIDENT BANK CONTACT:
Stephen V. Masterson
EVP & CFO
845.369.8040


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