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FSI CLIENTS SIGN LONG-TERM CONTRACTS

Glen Rock, New Jersey, May 31, 2004 – Financial Services, Inc. (FSI), a leading provider of data processing, item processing and Internet services to financial institutions nationwide, today announced the signing of long-term service contracts.

Both Kearny Federal Savings Bank and GSL Savings Bank renewed contracts for FSI’s BankNet System. Kearny FSB, of Kearny, NJ, with over $1.9 billion in assets, has been an FSI client since 1966. GSL Savings, of Guttenberg, NJ, has been a client since 1990.

FSI also announced a new client, Berkshire Bank of Wyomissing, PA. Berkshire Bank is a denovo bank and utilizes the Kirchman Bankway system.
On March 27, 2004, FSI broadened its client-base in California with the addition of two banks: Landmark National Bank and Ramona National Bank. Both banks will be utilizing the Kirchman Bankway system for their data processing solution. Landmark National Bank, with current assets over $38M, was established in the year 2002 and is headquartered in Solona Beach and has one branch office located in LaJolla. Ramona National Bank, with current assets over $26M, was established in the year 2001 and is headquartered in Ramona.

ABOUT FINANCIAL SERVICES, INC.
Financial Services, Inc., located Glen Rock, New Jersey, provides data processing, item processing and Internet services to over 600 clients in the U.S. Founded in 1954, FSI's commitment to quality services for the banking industry has been unparalleled by any other servicer anywhere in the country. As one of the largest independently-owned solution providers to the banking services industry, FSI provides consistent, quality service to banks ranging in size from de novo community institutions to large, multi-billion dollar regionals. Its FSIWebs division provides Web hosting, design and development, as well as co-located, dedicated and managed server solutions and disaster recovery services. For more information, call 888-374-6200, email rsassos@insidefsi.net, or visit www.insidefsi.net.


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