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Steven E. Howell, Assumes Responsibilities of Chairman of the Board of Hometown Bancorp, Inc.

Jul 03, 2012

For Immediate Release

Hometown Bank of the Hudson Valley
12 Main Street, Walden, New York 12586
(845) 778-2171

www.hometownbankhv.com

Thomas F. Gibney, President

Steven E. Howell, Assumes Responsibilities of Chairman of the Board of Hometown Bancorp, Inc.

June 25, 2012, Walden, NY – The Board of Directors of Hometown Bancorp, Inc., its mutual holding company parent Hometown Bancorp, MHC and its wholly owned subsidiary Hometown Bank of the Hudson Valley has elected Steven E. Howell as Chairman of the Board to each of their respective Board of Directors. Mr. Howell is a partner with Vanacore, DeBenedicutus, DiGovanni & Weddell, LLP, CPAs, Newburgh, NY.

Mr. Howell is a Certified Public Accountant, New York and New Jersey and a DABFA - Diplomat of the American Board of Forensic Accountants. He is a specialist in corporate accounting, offering expertise in the manufacturing niche, corporate tax planning, projection and budget implementation, succession planning, banking, and investment relationship building.

Steven Howell earned his BS in Business Administration from Pace University where he graduated magna cum laude.

His memberships include:

• American Institute of Certified Public Accountants

• American Board of Forensic Accounting Diplomat

• NACVA (National Association of Certified Valuation Analysts)

• American College of Forensic Examiners

• New York State Society of CPAs

• Orange County United Way - Board of Directors/First Vice-Chair

• Mid-Hudson Chapter of the New York State Society of Certified Public Accountants - Past President

• Council of Industry - Member

Mr. Howell, who has been a director since 2008, assumes the responsibilities of Mr. Graham S. Jamison, as Chairman, who has served as a director of Hometown Bank of the Hudson Valley since 1975 and as director and Chairman of Hometown Bancorp, MHC and Hometown Bancorp, Inc. since their formation.

"Mr. Howell’s expertise, experience and vision for our company has made him an excellent choice", stated Thomas F. Gibney, President and CEO. "I am confident he will work diligently to preserve the strong, stable core values of our company, and lead us into a prosperous future. Mr. Jamison will continue as a member of the respective Board of Directors."

Hometown Bank of the Hudson Valley maintains six full-service branches including Walden, Montgomery, Otisville, Newburgh, and two offices located in Monroe, New York. Hometown Bank’s Mortgage and Loan Center is located at 74 West Main Street, Walden and its Commercial Loan Division is located on Route 52, near Route 300, in Newburgh next door to its branch. For more information, visit hometownbankhv.com.