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PROMOTIONS ANNOUNCED AT CHESTER VALLEY BANCORP AND SUBSIDIARY FIRST FINANCIAL SAVINGS BANK

 DOWNINGTOWN, Pa., Aug. 5 /PRNewswire/ -- The board of directors of Chester Valley Bancorp (NASDAQ: CVAL) announced the promotion of Anthony J. Biondi to executive vice president of the company.
 Biondi joined Chester Valley in 1981 and has held a variety of positions. He most recently held the title of secretary/treasurer of the company and has been chief financial officer of the company since 1987. In addition to his other duties, Biondi was in charge of the most recent data-processing conversion of the company's subsidiary First Financial Savings Bank.
 Biondi holds a bachelor of science degree in accounting from Penn State University. He has attended numerous banking and financial seminars and workshops and is currently involved in assisting local youth associations.
 The board of directors of Chester Valley has also appointed Kelly L. Laurento to assistant vice president of First Financial Savings Bank, the company subsidiary. Laurento has been with the bank since 1981, during which time she served in the capacities of customer service representative, head teller and customer service manager. Her current position is that of service support manager. Laurento graduated from Coatesville Area High School and has completed various financial courses and seminars affiliated with the Institute of Financial Education.
 First Financial, a full service bank, is headquartered in Downingtown, with branch offices in Exton, Frazer, Thorndale and Westtown.
 /delval/
 -0- 8/5/93
 /CONTACT: Bonnie Laserna of Chester Valley Bancorp, 215-269-9700/
 (CVAL)


CO: Chester Valley Bancorp, Inc.; First Financial Savings Bank ST: Pennsylvania IN: FIN SU: PER

MJ-CC -- PH003 -- 9677 08/05/93 08:09 EDT
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Publication:PR Newswire
Date:Aug 5, 1993
Words:260
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