First Financial Bank Offers Special Home Equity Loan Rate for Damage Caused By Hurricane Floyd

Released_By: USANews Press Release Service
Date: 10/6/99
Time: 11:04:09 AM

For_Immediate_Release

DOWNINGTOWN, Pa., Oct. 6 -- First Financial Bank is offering a special home equity loan rate to residents of Chester County who have sustained damage to their homes as a result of floods from Hurricane Floyd.

The special home equity loan has a 6.70% APR for a term of 12 to 84 months. The floods caused by Hurricane Floyd have damaged many homes in the Chester County region; some have had to be condemned as a result.

"As a community bank, First Financial is prepared to do whatever it takes to help our community rebuild. We know that not everyone is prepared to handle an unexpected expense like the damage caused by Floyd and we are here to help," said Anthony Biondi, President and Chief Operating Officer.

"The home equity loan is primarily for those without flood insurance. We are trying to make it as easy as possible for residents of Chester County to put the damage caused by Hurricane Floyd behind them and continue with their lives," commented Ellen Ann Roberts, CEO and Chairman of the Board. First Financial Bank has branch offices in Downingtown, Exton, Frazer, Thorndale, Westtown, Brandywine Square, Airport Village and Devon.

For more information or to apply for the special home equity loan, please contact one of their local branch offices or call 1-800-687-4529. Chester Valley Bancorp, Inc. (Nasdaq: CVAL) is the parent company of First Financial Bank and Philadelphia Corporation for Investment Services ("PCIS"). PCIS is a securities broker/dealer and investment advisor with offices in Wayne and Philadelphia, Pennsylvania. The Company's stock is traded on the Nasdaq market under the symbol "CVAL"