Atlas Bank Hosts Grand Opening of Staten Island Branch
Friendly Personal and Business Banking comes to the Community of Staten Island

STATEN ISLAND, N.Y.,  July 16, 2010—Atlas Bank will be hosting the official Grand Opening of its Staten Island branch in the South Beach area on Friday, July 23, from 12:00 p.m. to 5:00 pm.  The branch is located at 339 Sand Lane (off Father Capodanno Blvd).

To welcome visitors to the branch and promote awareness of its products and services, Atlas Bank will provide special product offers, a special gift for opening a new account and light refreshments. Individuals opening a new account such such as a Checking Account with available Debit Card and optional Online Bill Payment, Savings Account and/or Certificate of Deposit (CD) Account with available Online Banking at our new Staten Island Branch between July 23-September 25, 2010 will be eligible to participate in a drawing for a Widescreen TV. The afternoon event is open to the public.

Atlas Bank is celebrating an anniversary and this expansion to Staten Island from Brooklyn, where it operates a branch office located in the Park Slope section for 110 years. 

“We are officially celebrating the opening of our Staten Island branch by inviting everyone to join us for an afternoon of fun and excitement as we celebrate 110 years of service for the community of Brooklyn and now Staten Island,” said Danuta Sieminski, President and CEO of Atlas Bank.

Atlas Bank offers banking products from checking accounts to residential and commercial mortgages. The new Staten Island facility is staffed and equipped as a full service bank with an ATM and is in near proximity to a boardwalk, local stores, hair styling salons and restaurants.

Chairman of the Board Alex S. Marchak said, "We are happy to have the opportunity to serve the local community of Staten Island."

Atlas Bank is rated 5-Star Superior rating for financial strength and stability from BAUERFINANCIAL, Inc., Coral Gables, Florida. 5-Stars are the highest rating attainable from BAUERFINANCIAL (the Nation’s Bank Rating Firm for over a quarter of a century) and are based on the overall financial picture of the institution.

About Bauer Financial, Inc.
Bauer Financial, Inc. provides quarterly reports on the financial condition of banks and credit unions in the United States. For more information about Bauer Financial please call (800) 388-6686 or visit www.bauerfinancial.com.

About Atlas Bank
Atlas Bank is a a United States federally chartered full service mutual savings bank dedicated to meeting the needs of all Greater New York City metropolitan area business professionals and individuals. Atlas Bank traces its New York origins back to 1900.  Established by a group of Polish immigrants, the bank is celebrating 110 years of service for Brooklyn and current expansion to Staten Island. Atlas Bank is a member of the FDIC and an Equal Housing Lender. In March 2010, Atlas Bank unveiled Online Bill Payment for Personal and Business checking account customers. In January 12, 2009, the Bank introduced a new web-site and on-line banking to help customers keep track of their accounts. The Bank serves the greater New York City metropolitan area. Questions about products and services can be answered by calling (718) 768-4800 or by visiting www.atlasbank.com.

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