Monroeville, PA – May 2, 2008 – Standard Bank (“Standard” or the “Bank”) announces the launch of its annual “Customer Appreciation” celebration that will be held May 10th through May 23th. Each May, Standard offers special events and product offerings to thank customers for their banking relationships.

Louanne C. Hout, VP & Manager of Marketing stated, “This is a very special year for Standard Bank. Standard, being established in 1913, is celebrating its 95th Anniversary. The celebration will kick off with our 15th annual Customer Appreciation Days event. I am proud to say that our customers have been the Bank’s most valuable asset for 95 years and that’s one thing that will never change.”

Gwen Lewton, VP & Community Banking Office Coordinator, commented, “We always offer some strong product and service values during this event - plus, we also like to inject some fun by adding the element of surprise with gifts and refreshments in our Community Banking Offices. Just by stopping in to visit, customers can register to win a Flat Screen TV that will be given away on May 23th at each of our full service banking locations.”

W. Joy Carpenter, VP & Eastern Region Coordinator stated, “This event really gives us the opportunity to prove that we are truly a community focused bank and that our customer relationships are very important to us.” Carpenter added, “I am also very happy that at Standard we strive to focus on technology upgrades, security and providing better service to our customers every year. For example in April, Standard announced a new “Guaranteed Direct Deposit” program. That means that Standard will guarantee that automated reoccurring deposits of SSA and SSI funds will be in your account on time – no matter what! Now that’s a service guarantee that is just too good to pass up.”

Standard will be offering special deposit and loan values. Other Customer Appreciation specials include the opportunity for a free Financial Planning Analysis or a second opinion on your financial plan. Additionally, Loan Specialists will be available to discuss the best financing options for you and the staff will be demonstrating the ease of ONLine Banking.

Established in 1913, Standard is a Pennsylvania chartered savings bank with assets of $340 million. Standard operates ten offices serving individuals and small to mid sized businesses in Allegheny, Westmoreland and Bedford Counties, in Pennsylvania and Allegany County in Maryland. Standard is a wholly owned subsidiary of Standard Mutual Holding Company, which has not issued any stock. There is no common stock traded on any exchange. Standard is a Member of FDIC and an Equal Housing Lender.