Monroeville, PA – June 15, 2009 – Standard Bank (“Standard” or the “Bank”) recently mailed a letter of recognition to commend customers who regularly make their mortgage payments on time. This is the Bank’s way of thanking customers for an outstanding mortgage payment record. In addition, one mortgage customer was randomly selected to have their July mortgage payment paid by Standard. Denny and Diana Tate of Mt. Pleasant, PA, were the winners of the special customer recognition drawing.

Tim Zimmerman, President & CEO, commented, “In light of the national financial crisis, a lot of the media attention is focused on borrowers who are not making payments or meeting their obligations. Mortgage customers with outstanding payment records should not go unnoticed. These customers help keep the Bank strong and able to continue lending money to serve and support families and businesses in our local communities.”

Joy Carpenter, Vice President & Eastern Region Coordinator, stated, “As a real community bank, we wanted to do something special to thank our mortgage customers for continuing to make their payments on time, every month. It is a gesture to show how much we appreciate them as our customers.”

Zimmerman added, “I want to again thank our mortgage customers for their dedication and perseverance during these troubled economic times. Their diligence does make a difference and reinforces the traditional values that we believe in. I personally appreciate that they chose Standard as their mortgage lender and that they have given us the opportunity to build a lasting banking relationship with them.”

Established in 1913, Standard is a Pennsylvania chartered savings bank with assets of $380 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.