Community National Bank To Open Fourth Branch in New Hyde Park

May 25, 2006; 08:34 AM

GREAT NECK, N.Y. - Just a year after opening its first office at 200 Middle Neck Road in Great Neck, Community National Bank has announced that it has received approval from the Office of the Comptroller of the Currency (OCC) to open a fourth branch office in New Hyde Park, New York. The bank just recently opened its second branch in Garden City at 1055 Franklin Avenue, and has recently received approval to open its third branch in Woodbury at 8191 Jericho Turnpike.

According to Stuart H. Lubow, Community National Bank President and Chief Executive Officer, the new New Hyde Park branch is scheduled to open late in the fourth quarter of this year at the corner of Lakeville Road and Hillside Avenue.

Created to fill the void in community banking caused by larger regional bank networks in the neighborhoods of Long Island, Community National Bank offers cutting edge services tailored to meet the financial needs of small and medium size businesses, professionals, and individual consumers.

"A large measure of our continuing success can be attributed to the fact that we take a personalized approach to banking, placing a premium on building and maintaining close customer relationships," explained Mr. Lubow. "With superior products and services and immediate access to any staff member, including senior officers, CNB provides the local Long Island communities a return to hometown banking."

Community National Bank offers a full range of modern financial services, backed by state-of-the-art technology. In addition to residential mortgages, home equity lines of credit, commercial mortgages and business loans and lines of credit, the bank provides a complete selection of traditional personal and commercial banking products such as no-fee individual and business checking accounts, IRA accounts, and statement and passbook savings. As a Small Business Administration (SBA) authorized lender, CNB is also able to offer special loan and financial management programs designed to help small and medium size businesses succeed.

Other features include extended lobby hours weekdays plus both Saturday and Sunday hours, 24-hour ATM service, free internet banking, and much more.

For additional information on the new branch in New Hyde Park, call Donna Frasco, First Vice President/Branch Administrator at 516-498-9111; or visit the bank's website at cnbny.com. Community National Bank is a member of the FDIC and is an Equal Housing/Equal Opportunity Lender. Community National Bank stock is traded under the symbol CBNY (OTCBB).