Provident New York Bancorp Declares Quarterly Dividend of $0.05 Per Share

MONTEBELLO, N.Y., Oct. 26 /PRNewswire-FirstCall/ -- Provident New York Bancorp , the parent company of Provident Bank, today announced that the Board of Directors has declared a quarterly cash dividend of $0.05 per share. The dividend is payable November 16, 2006 to holders of record as of November 6, 2006.

Headquartered in Montebello, N.Y., Provident Bank, with over $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, N.J. The bank offers a complete line of commercial, retail and investment management and trust services. Visit the Provident Bank web site at http://www.providentbanking.com/.