IFCJ Interchange Financial Services

Interchange Bank (NASDAQ:IFCJ), a commercially focused community bank, received the U.S. Small Business Administration's New Jersey District Office Bronze Award today at the SBA's annual awards ceremony in Newark. Interchange qualified for the award by making 52 SBA loans in the fiscal year ended September 30, 2005 with a total volume of $21.7 million. This dollar volume makes Interchange number 8 on the New Jersey list of banks, while the number of loans puts the Bank at 15th in the state for 7A loans. "In our first full year as an SBA Preferred Lender Participant we achieved outstanding results," said Anthony Abbate, president and CEO of Interchange Bank. "It is worth noting that we were competing with some of the largest banks in the state." The mission of the SBA is "to maintain and strengthen the nation's economy by aiding, counseling, assisting and protecting the interests of small businesses and by helping families and businesses recover from national disasters." In a letter of congratulations to the Bank, James A. Kocsi, District Director of the SBA wrote, "These loans help to create and retain many jobs, and have had a significant impact in the state." About Interchange Bank Headquartered in Saddle Brook, NJ, Interchange Bank is one of Bergen County's largest independent commercial banks and a wholly owned subsidiary of Interchange Financial Services Corp (NASDAQ:IFCJ). With $1.6 billion in assets and 30 branches, Interchange Bank offers services specifically designed for businesses, including: Small Business Checking with lower minimum balances; Rapid Response loans up to $250,000 and approvals within 48 hours; Business Class Banking with an automatic sweep feature; cash management services; equipment leasing; escrow management; corporate Visa account; a business check card, featuring interest-free business purchases; merchant credit card services and free wire transfers. Interchange is an SBA Preferred Lender, financing many local small businesses that otherwise might not qualify under standard credit requirements. All business banking can be accomplished online via Interbanking, which provides 24/7 access to accounts. For additional information, please visit the company's Web site at www.interchangebank.com.