Alan David Silverman, Esq. Joins Jefferson Bank Advisory Board.

PHILADELPHIA--(BUSINESS WIRE)--Jan. 4, 1999--Alan David Silverman, ESQ, Partner of Gold, Silverman & Goldenberg, in Philadelphia, Pennsylvania, was recently appointed to the Center City Advisory Board of Jefferson Bank.

The mission of the newly formed Advisory Board is to enhance and grow Jefferson Bank's already well-established role as a leading business and community partner.

Chairman of the Advisory Board is John Hoopes, who is also a Director of Jefferson Bank. Hoopes, Chairman of Penn Business Credit, Inc., said, "In my experience as a Jefferson Bank customer, I have found Jefferson to be extraordinarily smart and sensitive as to the needs of entrepreneurs. Jefferson offers a sophistication of service that really differentiates it from other financial institutions. Jefferson's also unique in that many of its senior management, branch office and commercial lending personnel have been with the Bank for 10 or more years - there's a lot of continuity that can be very important to a business owner. I want other businesses to know that Jefferson excels at providing the kinds of financial services that can really have an impact on the bottom line."

Silverman is an avid sports fisherman. He presently resides in Narberth, Pennsylvania.

Jefferson Bank, founded in Downingtown, PA in 1974, is a Member FDIC commercial bank with 31 locations in the Greater Philadelphia region. Jefferson is a wholly-owned subsidiary of JeffBanks, Inc., with total assets of approximately $1.7 billion.