The Board of Directors, upon the recommendation of its Nominating and Governance Committee
, has nominated Betsy Z. Cohen, Daniel G. Cohen, Walter T. Beach, Michael J. Bradley, Matthew Cohn, Leon A. Huff, William H. Lamb, Frank M. Mastrangelo, James J. McEntee III, Linda Schaeffer, Joan Specter and Steven Stein
for election at the Meeting for a term to expire at the 2008 annual meeting or until their successors are elected or appointed.
...Steven Stein, age 51, has been a director of both the Company and the Bank since September 2000.Mr. Stein has been a principal of Financial Stocks, Inc., an investment management firm which specializes in investments in mid-size financial institutions, since 1995.
...Mr. Stein is a principal of Financial Stocks, Inc.
Mr. Cohn, Mr. Huff, Mr. Lamb, Ms. Specter and Mr. Stein
each meet the definition of an independent director set forth in the NASDAQ listing standards.