Community Savings launches Website

Business Wire, July 8, 1996

NORTH PALM BEACH, Fla.--(BUSINESS WIRE)--July 8, 1996--James B. Pittard Jr., president and chief executive officer of Community Savings, F.A. ("Community Savings" or the "Association") (NASDAQ:CMSV) announced Monday that the Association has launched its Internet Website.

Existing and potential customers will find specific information about Community Savings' loan and deposit products, branch locations, employment opportunities, corporate profile, Association history, as well as a host of links to other interesting and informative Websites. In addition, the Shareholder Relations section provides an opportunity to view quarter-end financial information, current stock trading activity and pricing, and other information important to the investor community.

"We are excited about our new Website and the opportunity it provides to the Internet audience," Pittard said. "In keeping with our marketing strategy of offering the finest products and services, we have made a commitment to provide and maintain a premium Website. We will also use it as a tool to communicate with our current and future customers and shareholders. We invite you to visit us at:

http://www.communitysavings.com

Your comments are welcome!"

Chartered in 1955, Community Savings is a federal stock savings and loan association headquartered in North Palm Beach, the deposits of which are insured by the Federal Deposit Insurance Corp. The Association has 18 full-service offices throughout northern Palm Beach, Martin and St. Lucie Counties. As of March 31, 1996, the Association had total assets of $632.5 million, total deposits of $502.3 million, and total shareholders equity of $74.8 million.

CONTACT: Community Savings, North Palm Beach

James B. Pittard Jr., President and CEO or

Larry J. Baker, Senior Vice President and Treasurer

407/881-2212