Market Overview

Community Bank of Bergen County, NJ Announces Grand Reopening of Newly Renovated Maywood Branch


Traditional Branch Space with Modern Amenities Offers On-Site Digital
Banking, Shared Work Space, and a More Personal Banking Experience

Community Bank of Bergen County, NJ (OTC:CMTB) reopened its Maywood
branch today after being closed for the past three months for
renovations. The updated branch features a more spacious, modern layout
and offers enhanced services to meet the needs of today's banking
customer who is looking for a traditional branch with the added
convenience of digital and mobile banking capabilities.

"The bank branch is where people come to conduct major transactions and
seek financial advice, it was important that our renovated branch offer
a more intimate experience for these types of interactions. At the same
time, our customers want the convenience of online and mobile banking,
so we incorporated these features into the new space," said Peter A.
Michelotti, President and CEO of Community Bank of Bergen County, NJ

The updated Maywood branch includes:

  • Two full service ATMs - one in the lobby and one outside of the Bank;
  • A tech bar with an iPad and a desktop for online banking;
  • Sleek teller pods that create a more intimate banking experience;
  • Glass enclosed officer stations, for increased privacy;
  • A conference room accessible to bank customers;
  • A spacious customer lounge;
  • Complimentary coffee.

The branch continues to provide a walk-up window in the lobby as well as
drive thru banking.

"The new Maywood branch truly offers our customers the best of both
worlds – a traditional bank branch with the modern amenities our
customers have come to expect," said Michelotti. "The Maywood branch
will serve as the model for all branches of the soon-to-be merged bank."

The Maywood branch renovation comes on the heels of the anticipated
merger between Community Bank of Bergen County, NJ and Sussex Bank,
which was announced on April 11, 2017. The merger, which is expected to
close during the fourth quarter of this year, will create expanded
market opportunities with 14 branches in Sussex and Bergen counties and
Astoria, New York, and the potential for further growth in the
metropolitan area.

There will be a Maywood branch ribbon cutting ceremony on September 8,
2017 at 10:30 a.m. Assemblyman Tim Eustace and a Maywood Borough
official will be in attendance in addition to the senior management of
CBBC and Sussex Bank. CBBC customers and local business owners are
encouraged to attend.

About Community Bank of Bergen County

Established in 1928, Community Bank of Bergen County, NJ (CBBC) serves
the northern New Jersey community with three locations in Rochelle Park,
Maywood and Fair Lawn. Dedicated to superior service, the bank offers a
range of customized personal and business banking products and the
convenience of 24-hour ATMs and online banking. With lending decisions
made locally, and a responsive management team, Community Bank of Bergen
County is committed to providing an exceptional banking experience. On
April 11, 2017, the Bank entered into a definitive agreement with Sussex
Bancorp and Sussex Bank pursuant to which Sussex Bancorp will acquire
the Bank in an all-stock transaction. The transaction is expected to be
completed during the third quarter of 2017, subject to approval by each
company's shareholders, as well as regulatory approvals and other
customary closing conditions.

CBBC is a member of the Federal Deposit Insurance Corporation (FDIC) and
an Equal Housing Lender. CBBC makes loans without regard to race, color,
religion, national origin, sex, handicap, or familial status.

For more information, visit the Bank's web site at,
and to view CBBC's 2016 Audited Financial Statements, visit:

Forward-Looking Statements

This press release and other statements made from time to time by
Community Bank of Bergen County's management contain express and implied
statements relating to our future financial condition, results of
operations, credit quality, corporate objectives, capital, liquidity and
other financial and business matters, which are considered
forward-looking statements.
These forward-looking statements are
necessarily speculative and speak only as of the date made, and are
subject to numerous assumptions, risks and uncertainties, all of which
may change over time.
Actual results could differ materially from
those expected or implied by such forward-looking statements.
words "may", "could", "should", "would", "will", "project", "continue",
"believe", "anticipate", "expect", "intend", "plan", and similar
expressions are intended to identify forward-looking statements. All
such statements are made in good faith by the Bank pursuant to the "safe
harbor" provisions of the Private Securities Litigation Reform Act of
1995. Risks and uncertainties which could cause our actual results to
differ materially and adversely from such forward-looking statements
include the current economy, both nationally and locally, and how it is
the financial industry specifically; volatility in
interest rates and the shape of the yield curve; increased credit risks
and risks associated with the real estate market; the potential for
increased non-performing loans; operating, legal, and regulatory risk;
economic, political, and competitive forces affecting the Bank's lines
of business; the extent and timing of actions of the Federal Reserve
Board; customer acceptance of our products and services; the inability
to resolve our problem loans as expected; and other risks and
Any statements made that are not historical facts
should be considered to be forward-looking statements.
You should
not place undue reliance on any forward-looking statements.
undertake no obligation to update forward-looking statements or to make
any public announcement when we consider forward-looking statements to
no longer be accurate, whether as a result of new information or the
occurrence of future events, except as may be required by applicable law
or regulation.

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