Approval of the Notice by Greater Community Bancorp - FEDERAL RESERVE BANK of NEW YORK

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Press Release

Approval of the Notice by Greater Community Bancorp

February 19, 1998

NEW YORK—The Federal Reserve Bank of New York Thursday approved the notice by Greater Community Bancorp, Totowa, NJ, to acquire up to 9.9 percent of the outstanding voting shares of 1st Bergen Bancorp, Wood-Ridge, NJ.

1st Bergen Bancorp is the holding company for South Bergen Savings Bank, Wood-Ridge.

The Reserve Bank acted under authority delegated by the Board of Governors of the Federal Reserve System.

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