Shore Community Bank Announces Appointment of a New Chairman of the Board of Directors and Appointment of a Vice Chairman

TOMS RIVER, N.J., April 26, 2012 /PRNewswire/ -- Shore Community Bank (OTCBB: SHRC) announced today that the Board of Directors appointed Jerry Boisseau, Chairman of the Board of Directors and Howard Butensky, Vice Chairman. Mr. Boisseau and Mr. Butensky are both original founders and organizers of Shore Community Bank and have been members of the Board of Directors since 1996.  

Mr. Boisseau is a Certified Financial Planner and Owner/President of Amherst Financial Services, Inc. located in Toms River.  He also serves as Chairman of the Community Medical Center Foundation Board of Trustees, a member of the Board of Directors for Ocean's Harbor House and is on the Board of Trustees for Community Medical Center.  Mr. Boisseau succeeds Mr. Zev Rosen, who retired from the Board at the Bank's 2012 Annual Meeting of Stockholders held on April 18, 2012. 

Mr. Butensky is a practicing attorney located in Tuckerton, New Jersey.  He is a member of the Ocean County and New Jersey Bar Association, associate counsel to the New Jersey Zoning and Planning Officials.  He has previously held a number of municipal positions including attorney for the Borough of Tuckerton and Dover (now Toms River) Township.  He is a member of the Lakewood Heritage Commission, Lakewood Historical Society and a Trustee of the Kimball Foundation.  

Commenting on today's announcement, Mr. Rosen, the Bank's former Chairman, stated, "I enjoyed serving as the Chairman of the Board of Shore Community Bank for the last 16 years and I congratulate Jerry and Howard on their recent appointments.  I wish them and the Bank success in the future."

Mr. Boisseau commented, "I look forward to working with the Board and Management team in the future as we work together to grow and build stockholder value as well as commit to the Bank's Mission Statement to provide financial services aimed at the Ocean County Communities we serve."

In addition, Mr. Butensky stated, "It has been a great privilege to serve as a Director on the Board for the last 16 years and I look forward to my continued service and the challenges ahead as Vice Chairman."

Mr. Rosen, a founder and original organizer of the Bank, was instrumental in navigating the development and growth of the Bank since 1996. His guidance as a Director and contributions on many Board Committees has been invaluable through the years.  Mr. Rosen now holds the position of Chairman Emeritus.  President and CEO, Robert English, stated "The Board and Executive Management wish Mr. Rosen the very best in his future endeavors.  Zev's insight, vision and dedication have helped guide the Bank through a very challenging economic period.  Mr. Rosen has given tremendous support to the Bank over many years and he has contributed towards many of the Bank successes since 1996.  His skills, experience and insight of the Ocean County area have added to the strength of the Bank."

Mr. English concluded with "The Bank looks forward to having Mr. Boisseau and Mr. Butensky serve as Chairman and Vice Chairman, respectively, and wishes them the very best in their new capacity to lead the Bank in the upcoming term.'

SOURCE Shore Community Bank