SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                       PURSUANT TO SECTION 13 OR 15(D) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

        Date of Report (Date of earliest event reported): March 11, 2003

                             PROVIDENT BANCORP, INC.
                             -----------------------
               (Exact Name of Registrant as Specified in Charter)

 United States of America            0-25233                 06-1537499
- -------------------------     ----------------------       ---------------
(State or Other Jurisdiction)  (Commission File No.)       (I.R.S. Employer
      of Incorporation)                                    Identification No.)


400 Rella Boulevard, Montebello, New York                     10901
- -----------------------------------------                  ----------
(Address of Principal Executive Offices)                   (Zip Code)

Registrant's telephone number, including area code:  (845) 369-8040
                                                     --------------



                                 Not Applicable
                                 --------------
          (Former name or former address, if changed since last report)









Item 7. Financial Statements, Pro Forma Financial Information, and Exhibits
        -------------------------------------------------------------------

        The following Exhibits are filed as part of this report:

Exhibit No.                    Description
- -----------                    -----------

   99.1         Press Release announcing resignation of Chief Financial Officer,
                Katherine Dering, dated March 11, 2003

   99.2         Press Release announcing the appointment of Paul Maisch as Chief
                Financial Officer, dated March 19, 2003












                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, hereunto duly authorized.

                                           PROVIDENT BANCORP, INC.



DATE:   March 26, 2003                     By: /s/ George Strayton
                                           ------------------------------------
                                           George Strayton
                                           President and Chief Executive Officer








                                  EXHIBIT INDEX

The following Exhibits are filed as part of this report:

 Exhibit No.                         Description
 -----------                         -----------


   99.1         Press Release announcing resignation of Chief Financial Officer,
                Katherine Dering, dated March 11, 2003

   99.2         Press Release announcing the appointment of Paul Maisch as Chief
                Financial Officer, dated March 19, 2003