Exhibit
4.2

    
 

    
      
        	
                CERTIFICATE
      **A-1**

              	 
      
	
                FIXED
      RATE

              	
                ***9,266
      SHARES***

              
	
                CUMULATIVE
      PERPETUAL PREFERRED STOCK, SERIES A

              	 
      
	
                $0.01
      PAR VALUE PER SHARE

              	
                SEE
      REVERSE FOR CERTAIN
DEFINITIONS

              


      

    

    


    PROVIDENT
COMMUNITY BANCSHARES, INC.

    INCORPORATED
UNDER THE LAWS OF THE STATE OF DELAWARE

    


    
      
        	
                THIS
      CERTIFIES THAT

              	 
      	 
      
	 
      	
                United
      States Department of the Treasury

              	 
      
	
                is
      the owner of:

              	
                ***9,266***

              	 
      


      

    

    


    FULLY
PAID AND NONASSESSABLE SHARES OF FIXED RATE CUMULATIVE PERPETUAL PREFERRED
STOCK,

    SERIES
A, $0.01 PAR VALUE PER SHARE, OF PROVIDENT COMMUNITY BANCSHARES,
INC.

    


    The
shares represented by this certificate are transferable only on the stock
transfer books of Provident Community Bancshares, Inc. (the “Corporation”) by
the holder of record hereof, or by his duly authorized attorney or legal
representative, upon the surrender of this certificate properly
endorsed.  This certificate and the shares represented hereby are
issued and shall be held subject to all the provisions of the Certificate of
Incorporation of the Corporation and any amendments thereto (copies of which are
on file with the Corporation), to all of which provisions the holder by
acceptance hereof, assents.

    


      IN
WITNESS THEREOF, PROVIDENT COMMUNITY BANCSHARES, INC. has caused this
certificate to be executed by the facsimile signatures of its duly authorized
officers and has caused a facsimile of its corporate seal to be hereunto
affixed.

    


    Dated:  March
13, 2009

    


    
      
        	
                

                  /s/
      Dwight V.
      Neese                                 

                

              	
                /s/
      Wanda J. Wells

              
	
                Dwight
      V. Neese

              	
                Wanda
      J. Wells

              
	
                President
      and Chief Executive Officer

              	
                Corporate
      Secretary

              


      

    

    


    UST
Sequence No. 918


    
      
         


      

      
         


        
          

        

      

      
         


      

    


    PROVIDENT
COMMUNITY BANCSHARES, INC.

    


    The
following abbreviations, when used in the inscription on the face of this
certificate, shall be construed as though they were written out in full
according to applicable laws or regulations:

    


    
      
        
          
            
              
                
                  
                    	
                            TEN COM

                          	-	
                            as
      tenants in common

                          	 
      	
                            UNIF
      GIFTS MIN ACT -

                          	
                            __________

                          	
                            custodian

                          	
                            __________

                          
	 
      	 	 
      	 
      	 
      	
                            (Cust)

                          	 
      	
                            (Minor)

                          
	 
      	 	 
      	 
      	
                            under Uniform Gifts to Minors Act  

                          	
                            _______________________________

                          
	
                            TEN ENT

                          	-	
                            as tenants by the entireties

                          	 
      	 
      	
                            (State)        

                          
	 
      	 	 
      	 
      	 
      	 
      	 
      	 
      
	
                            JT TEN


                          	-	
                            as
      joint tenants with right

                            of
      survivorship and not as

                            tenants
      in common

                          	 
      	 
      	 
      	 
      	 
      


                  

                

              

            

          

        

      

    

    


    Additional
abbreviations may also be used though not in the above list.

    


    For value
received, ___________________________________________________________ hereby
sell, assign and transfer unto

    


    PLEASE INSERT SOCIAL SECURITY OR
OTHER IDENTIFICATION NUMBER OF
ASSIGNEE____________________________________________________________________________________________

    


    Please
print or typewrite name and address including postal zip code of assignee
______________________________________________________________________________
shares of the preferred stock represented by the within Certificate, and do
hereby irrevocably constitute and appoint
____________________________________________________________________________
Attorney to transfer the said stock on the books of the within-named Corporation
with full power of substitution in the premises.

    


    
      
        
          
            	
                    DATED

                  	
                    ________________________

                  	 
      	
                    _______________________________________________

                  
	 
      	 
      	 
      	
                    NOTICE:  THE
      SIGNATURE TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME AS WRITTEN UPON
      THE FACE OF THE CERTIFICATE IN EVERY PARTICULAR WITHOUT ALTERATION OR
      ENLARGEMENT OR ANY CHANGE
WHATEVER.

                  


          

        

      

    

    


    
      
        
          	
                  SIGNATURE GUARANTEED:

                	 
      	
                  ___________________________________________________________

                
	 
      	 
      	
                  THE
      SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION
      (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH
      MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM), PURSUANT
      TO S.E.C. RULE 17Ad-15

                


        

      

    

    


    THE
SECURITIES REPRESENTED BY THIS INSTRUMENT ARE NOT SAVINGS ACCOUNTS, DEPOSITS OR
OTHER OBLIGATIONS OF A BANK AND ARE NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE
CORPORATION OR ANY OTHER GOVERNMENTAL AGENCY.

    


    THE
SECURITIES REPRESENTED BY THIS INSTRUMENT HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES
LAWS OF ANY STATE AND MAY NOT BE TRANSFERRED, SOLD OR OTHERWISE DISPOSED OF
EXCEPT WHILE A REGISTRATION STATEMENT RELATING THERETO IS IN EFFECT UNDER SUCH
ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN EXEMPTION FROM
REGISTRATION UNDER SUCH ACT OR SUCH LAWS.  EACH PURCHASER OF THE
SECURITIES REPRESENTED BY THIS INSTRUMENT IS NOTIFIED THAT THE SELLER MAY BE
RELYING ON THE EXEMPTION FROM SECTION 5 OF THE SECURITIES ACT PROVIDED BY RULE
144A THEREUNDER.  ANY TRANSFEREE OF THE SECURITIES REPRESENTED BY THIS
INSTRUMENT BY ITS ACCEPTANCE HEREOF (1) REPRESENTS THAT IT IS A “QUALIFIED
INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT), (2)
AGREES THAT IT WILL NOT OFFER, SELL OR OTHERWISE TRANSFER THE SECURITIES
REPRESENTED BY THIS INSTRUMENT EXCEPT (A) PURSUANT TO A REGISTRATION STATEMENT
WHICH IS THEN EFFECTIVE UNDER THE SECURITIES ACT, (B) FOR SO LONG AS THE
SECURITIES REPRESENTED BY THIS INSTRUMENT ARE ELIGIBLE FOR RESALE PURSUANT TO
RULE 144A, TO A PERSON IT REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL
BUYER” AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT THAT PURCHASES FOR ITS
OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER TO WHOM NOTICE
IS GIVEN THAT THE TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (C) TO THE
ISSUER OR (D) PURSUANT TO ANY OTHER AVAILABLE EXEMPTION FROM THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT AND (3) AGREES THAT IT WILL GIVE TO EACH
PERSON TO WHOM THE SECURITIES REPRESENTED BY THIS INSTRUMENT ARE TRANSFERRED A
NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND.

     

    
      The Board
of Directors of the Corporation is authorized by resolution(s), from time to
time adopted, to provide for the issuance of serial preferred stock in series
and to fix and state the voting powers, designations, preferences and relative,
participating, optional, or other special rights of the shares of each such
series and the qualifications, limitations and restrictions thereof. The
Corporation will furnish to any shareholder upon request and without charge a
full description of each class of stock and any series thereof.