NEWS RELEASE                                                For Immediate Release

 

Walden Federal

12 Main St.

Walden, NY 12586

www.WaldenFederal.com

contact:  Thomas Gibney, Pres

845 – 778 – 2171

 

Walden Federal’s

new branch in Monroe ShopRite

Opens its Doors

 

June 2, 2006, Walden, NY – Walden Federal has opened its fifth branch and its second one in Monroe-Woodbury.  The new branch opened last week inside the ShopRite on Route 17M.  John P. Wells, Branch Relationship Manager for the bank’s Wal Mart location, will also manage the new branch in ShopRite.  A Grand Opening Celebration is being planned for later this summer.

 

“Supermarket banking is very convenient for customers,” stated Thomas Gibney, President.  “Walden Federal’s new branch inside the Monroe ShopRite makes it even easier for Monroe-Woodbury residents and businesses to bank with a hometown community bank.  We thank everyone for the support and warm welcome we have already received.  Please stop by and meet our staff and let us know how we can help.”

 

The new branch offers all the banking services available in the other four Walden Federal branches, including free personal checking (with a gift); CDs; money market accounts; mortgages and loans; home equity loans; and business banking services.  ShopRite customers will be able to take advantage of Walden Federal’s special home mortgage programs – Finance First, where home buyers can obtain a mortgage commitment before they house hunt, giving them added buying power; and 100% PLUS Financing, which allows home buyers to purchase a home with very little money down.

 

The bank maintains five full-service branches including Walden, Montgomery, Otisville, inside the Wal-Mart Super Center in Monroe and the new branch in ShopRite in Monroe.  Walden Federal’s Mortgage and Loan Center is located at 74 West Main Street, Walden, NY and its Commercial Loan Annex is located at 8 Main Street, Walden, NY.

 

Walden Federal continues to prosper and grow as it enters its 87th year of service to the community.  For more information, visit www.waldenfederal.com or call 845-778-2171.

 

# # # # #