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

MONTEBELLO, N.Y., April 24 /PRNewswire-FirstCall/ -- Provident New York Bancorp (NASDAQ: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 May 22, 2008 to holders of record as of May 8, 2008.

Headquartered in Montebello, New York, Provident Bank, with $2.8 billion in assets, is an independent full-service community bank. Provident Bank operates 33 branches that serve the Hudson Valley region and Bergen County, New Jersey. The bank offers a complete line of commercial, retail and investment management and trust services. Visit the Provident Bank web site at www.providentbanking.com.

First Call Analyst:
FCMN Contact:

Source: Provident New York Bancorp

CONTACT: Paul A. Maisch, EVP & CFO; or Miranda Grimm, VP & Controller,
both of Provident New York Bancorp, +1-845-369-8040

Web site: http://www.providentbanking.com/

2008-04-24 18:05:20 0345029 PRNEWSWIRE