October 29, 2003

Coin Counting Machines in Banks

Bank Introduces Free Coin Counting Machines In All Branches

October 29, 2003 10:27

Monmouth Community Bank, N. A. Introduces Free Coin Counting Machines In All Branches

LONG BRANCH, N.J., Oct 29, 2003 (BUSINESS WIRE) -- (NASDAQ: MCBK) - Monmouth Community Bank, N.A., a full-service community banking organization and wholly-owned subsidiary of Monmouth Community Bancorp, announced today the addition of coin counting machines to expand upon the bank's strategic plans to offer convenient products and services to its customers. The new self-service coin counting machines are free for all customers to use and are conveniently located at every Monmouth Community Bank branch. Customers simply drop their loose change into the counter where the coins are promptly counted and a receipt is generated which can be exchanged at a teller station for cash or customers may have the amount directly deposited into a Monmouth Community Bank account.

James S. Vaccaro, Chairman and CEO, noted that "The coin counters are just another way Monmouth Community Bank is enhancing its customers' retail banking experience. Monmouth Community Bank's goal is to exceed the expectations of our customers and to look for ways to better serve customers."

The bank also offers seven-day-a-week branch banking with extended hours, free checking accounts and free savings accounts along with a full range of banking products and services. In addition to traditional branch banking, Monmouth Community Bank, N.A. offers telephone banking, on-line banking, and ATM banking under the moniker "MCB Anytime Access". Monmouth Community Bank has six full-service branch facilities located in Monmouth County, New Jersey, in Long Branch, Spring Lake Heights, Neptune City, Little Silver, Ocean Grove and Neptune.

For additional information regarding Monmouth Community Bank, please visit us at www.mcbna.com or call the Main Office at (732) 571-1300.

Monmouth Community Bancorp is the holding company and sole shareholder of Monmouth Community Bank, N.A., a nationally chartered commercial bank, which commenced operations in the second half of 1998. Monmouth Community Bank provides a full range of banking services to both individual and business customers through six, full-service branch facilities located in Monmouth County, New Jersey.

Statements about the future expectations of Monmouth Community Bancorp and Monmouth Community Bank, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Since these statements involve risks and uncertainties and are subject to change at any time, the companies' actual results could differ materially from expected results. Among these risks, trends and uncertainties are the effect of governmental regulation on Monmouth Community Bank, the availability of working capital, the cost of personnel, and the competitive market in which Monmouth Community Bank competes.

SOURCE: Monmouth Community Bank, N.A.

Monmouth Community Bank, N.A.
James S. Vaccaro, Chairman and CEO, 732-571-1300
Anthony Giordano, III, SVP and CFO, 732-923-1115

Posted by Craig at October 29, 2003 04:21 PM