SCHEDULE 14A
(RULE 14a-101)

INFORMATION REQUIRED IN PROXY STATEMENT

SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES
EXCHANGE ACT OF 1934 (AMENDMENT NO. )

Filed by the Registrant [x]

Filed by a Party other than the Registrant [ ]

Check the appropriate box:

[ ] Preliminary Proxy Statement [ ] Confidential, for Use of the Commission
Only (as permitted by Rule 14a-6(e)(2))
[x] Definitive Proxy Statement
[ ] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12

NEFFS BANCORP, INC.
- --------------------------------------------------------------------------------
(Name of Registrant as Specified in Its Charter)

- --------------------------------------------------------------------------------
(Name of Person(s) Filing Proxy Statement if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

[x] No fee required.

[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

(1) Title of each class of securities to which transaction applies:

------------------------------------------------------------------------

(2) Aggregate number of securities to which transaction applies:

------------------------------------------------------------------------

(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the
filing fee is calculated and state how it was determined):

------------------------------------------------------------------------

(4) Proposed maximum aggregate value of transaction:

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(5) Total fee paid:

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[ ] Fee paid previously with preliminary materials.

[ ] Check box if any part of the fee is offset as provided by Exchange Act Rule
0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number,
or the form or schedule and the date of its filing.

(1) Amount previously paid:

------------------------------------------------------------------------

(2) Form, schedule or registration statement no.:

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(3) Filing party:

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(4) Date filed:

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[GRAPHIC OMITTED]

March 7, 2003

Dear Fellow Shareholders of Neffs Bancorp, Inc.:

On behalf of the corporation's Board of Directors, I am pleased to invite
you to attend Neffs Bancorp, Inc.'s Annual Meeting of Shareholders to be held on
Wednesday, April 9, 2003 at 8:00 p.m., Eastern Time. The location of the annual
meeting is the NOVA Building, 2375 Levans Road, Coplay, Pennsylvania 18037. At
the annual meeting, you will have the opportunity to ask questions and to make
comments. Enclosed with the proxy statement and notice of meeting is your proxy
and Neffs Bancorp, Inc.'s 2002 Annual Report to Shareholders.

The principal business of the meeting is to: elect 2 Class C Directors to
serve a term of 3 years; ratify the selection of Beard Miller Company LLP as the
independent auditors for the 2003 fiscal year; and, transact any other business
that is properly presented at the annual meeting. The notice of meeting and
proxy statement accompanying this letter describe the specific business to be
acted upon in more detail.

I am delighted that you have invested in Neffs Bancorp, Inc., and I hope
that, whether or not you plan to attend the annual meeting, you will vote your
shares as soon as possible by completing, signing and returning the enclosed
proxy in the envelope provided. The prompt return of your proxy will save Neffs
Bancorp, Inc. expenses involved in further communications. Your vote is
important. Voting by written proxy will ensure your representation at the annual
meeting if you do not attend in person.

I look forward to seeing you on April 9, 2003, at the corporation's annual
meeting.

Sincerely,

/s/ John J. Ramaley
John J. Remaley, President
and Chief Executive Officer

NOTICE OF ANNUAL MEETING OF SHAREHOLDERS
OF NEFFS BANCORP, INC.
TO BE HELD ON APRIL 9, 2003

TO THE SHAREHOLDERS:

NOTICE IS HEREBY GIVEN that Neffs Bancorp, Inc. will hold its Annual
Meeting of Shareholders on Wednesday, April 9, 2003, at 8:00 p.m., Eastern Time,
at the NOVA Building, 2375 Levans Road, Coplay, Pennsylvania 18037, to consider
and vote upon the following proposals:

1. To elect the following individuals as Class C Directors, each to serve a 3
year term:

- John F. Simock

- Robert L. Wagner;

2. To elect external auditors; and

3. To transact any other business properly presented at the annual meeting.

Shareholders of record as of February 21, 2003 are entitled to notice of
the meeting and may vote at the meeting, either in person or by proxy.

Management welcomes your attendance at the annual meeting. Whether or not
you expect to attend in person, you are requested to complete, sign, date and
promptly return the enclosed proxy in the accompanying postage-paid envelope.
The prompt return of your proxy will save the corporation expenses involved in
further communications. Even if you return a proxy, you may vote in person if
you give written notice to the Assistant Secretary of the corporation and attend
the annual meeting. Returning your proxy will ensure that your shares will be
voted in accordance with your wishes and that the presence of a quorum will be
assured.

The corporation's Board of Directors is distributing the proxy statement,
form of proxy and the Neffs Bancorp, Inc.'s 2002 Annual Report to Shareholders
on or about March 7, 2003.

By Order of the Board of Directors,

/s/ Duane J. Costenbader
Duane J. Costenbader,
Assistant Secretary

Neffs, Pennsylvania
March 7, 2003

YOUR VOTE IS IMPORTANT.
TO VOTE YOUR SHARES, PLEASE SIGN, DATE AND COMPLETE THE ENCLOSED PROXY AND MAIL
IT PROMPTLY IN THE ENCLOSED, POSTAGE-PAID ENVELOPE.

NEFFS BANCORP, INC.
5629 ROUTE 873
NEFFS, PENNSYLVANIA 18065

PROXY STATEMENT
2003 ANNUAL MEETING OF SHAREHOLDERS
TO BE HELD ON APRIL 9, 2003

Mailed to Shareholders on or about March 7, 2003

TABLE OF CONTENTS

PROXY STATEMENT Page
----

GENERAL INFORMATION ................................................................. 1
Date, Time and Place of the Annual Meeting ................................. 1
Description of Neffs Bancorp, Inc .......................................... 1
VOTING PROCEDURES ................................................................... 2
Solicitation and Voting of Proxies ......................................... 2
Quorum and Vote Required for Approval ...................................... 3
Revocability of Proxy ...................................................... 3
Methods of Voting .......................................................... 4
BOARD OF DIRECTORS AND EXECUTIVE OFFICERS ........................................... 5
Governance ................................................................. 5
Directors and Executive Officers of Neffs Bancorp, Inc. .................... 5
Executive Officers of the Bank ............................................. 5
Committees and Meetings of the Corporation's and the Bank's Board
of Directors ............................................................. 6
Committees of the Bank's Board of Directors ................................ 7
Compensation of the Boards of Directors .................................... 7
BOARD OF DIRECTORS REPORT ON EXECUTIVE COMPENSATION ................................. 8
Compensation Report ........................................................ 8
Chief Executive Officer Compensation ....................................... 8
Executive Officers Compensation ............................................ 9
AUDIT REPORT ........................................................................ 9
COMPENSATION COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION ......................... 11
EXECUTIVE COMPENSATION .............................................................. 11
SUMMARY COMPENSATION TABLE ................................................. 11
EMPLOYEE PROFIT SHARING AND RETIRMENT TRUST FUND PLAN ............................... 12
CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS ...................................... 12
ELECTION OF DIRECTORS ............................................................... 13
Qualification and Nomination of Directors .................................. 13
Information as to Nominees and Directors ................................... 13
BENEFICIAL OWNERSHIP OF NEFFS BANCORP, INC.'S STOCK OWNED BY
PRINCIPAL OWNERS AND MANAGEMENT .................................................. 15
Principal Shareholders ..................................................... 15
Share Ownership by the Directors and Executive Officers .................... 16
SECTION 16(A) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE ............................. 17
SHAREHOLDER PROPOSALS FOR 2004 ANNUAL MEETING ....................................... 17
PERFORMANCE GRAPH ................................................................... 18
PROPOSALS ........................................................................... 19
Election of 2 Class C Directors ............................................ 19
Ratification of Beard Miller Company LLP as the Corporation's Independent
Auditor .................................................................. 19
ANNUAL REPORT ....................................................................... 20
LEGAL PROCEEDINGS ................................................................... 20
OTHER MATTERS THAT MAY COME BEFORE THE ANNUAL MEETING ............................... 20
ADDITIONAL INFORMATION .............................................................. 20

PROXY STATEMENT
FOR THE ANNUAL MEETING OF SHAREHOLDERS OF
NEFFS BANCORP, INC.
TO BE HELD ON APRIL 9, 2003

GENERAL INFORMATION

Date, Time and Place of the Annual Meeting

Neffs Bancorp, Inc., a Pennsylvania business corporation and registered
bank holding company, is furnishing this proxy statement in connection with the
solicitation by the board of directors of proxies to be voted at the annual
meeting of shareholders. The annual meeting will be held at the NOVA Building,
2375 Levans Road, Coplay, Pennsylvania 18037 on Wednesday, April 9, 2003 at 8:00
p.m., Eastern Time.

The corporation's principal executive office is located at The Neffs
National Bank, 5629 Route 873, Neffs, Pennsylvania 18065. The corporation's
telephone number is (610) 767-3875. All inquiries regarding the annual meeting
should be directed to Duane J. Costenbader, Assistant Secretary of Neffs
Bancorp, Inc.

Description of Neffs Bancorp, Inc.

Neffs Bancorp, Inc. was incorporated on March 24, 1986, and is the holding
company for The Neffs National Bank. The corporation acquired the bank in 1986
as part of a reorganization of the company as a bank holding company. The Neffs
National Bank is a national association.

Included with this proxy statement is a copy of the corporation's annual
report to shareholders for the fiscal year ended December 31, 2002. You may
obtain a copy of the corporation's annual report for the 2001 fiscal year at no
cost by contacting the Chief Operating Officer, The Neffs National Bank, 5629
Route 873, Neffs, Pennsylvania 18065, or by calling (610) 767-3875.

We have not authorized anyone to provide you with information about the
corporation; therefore, you should rely only on the information contained in
this document or on documents to which we refer. Although we believe we have
provided you with all the information helpful to you in your decision to vote,
events may occur at Neffs Bancorp, Inc. subsequent to printing this proxy
statement that might affect your decision or the value of your stock.

VOTING PROCEDURES

Solicitation and Voting of Proxies

The board of directors solicits this proxy for use at the 2003 annual
meeting of shareholders. The corporation's directors, officers and other
employees may solicit proxies in person or by telephone, facsimile, telegraph or
mail, but only for use at the annual meeting. The corporation will pay the cost
of preparing, assembling, printing, mailing and soliciting proxies and any
additional material that the corporation sends to its shareholders. Neffs
Bancorp, Inc. will make arrangements with brokerage firms and other custodians,
nominees, and fiduciaries to forward proxy solicitation materials to the owners
of stock held by these persons. The corporation will reimburse these persons for
their reasonable forwarding expenses.

Only shareholders of record as of the close of business on Thursday,
February 21, 2003, (the voting record date), may vote at the annual meeting. The
corporation's records show that, as of the voting record date, 196,431 shares of
the corporation's common stock were outstanding. On all matters to come before
the annual meeting, shareholders may cast one vote for each share held.
Cumulative voting rights do not exist with respect to the election of directors.
See "Principal Shareholders" on page 15 for a list of the persons known by the
corporation to be the beneficial owner of 5% or more of the corporation's
outstanding common stock as of the voting record date.

By properly completing a proxy, the shareholder appoints Velma Wehr and
Ronald Gildner as proxy holders to vote his or her shares as specified on the
proxy. The proxy holders will vote any signed proxy not specifying to the
contrary as follows:

FOR the election of the following individuals as Class C Directors for a
term of 3 years expiring in 2006:

- John F. Simock; and

- Robert L. Wagner;

and

FOR the ratification of the selection of Beard Miller Company LLP as the
corporation's independent auditors for the fiscal year ending December 31,
2003.

Neffs Bancorp, Inc.'s board of directors proposes to mail this proxy
statement to the corporation's shareholders on or about March 7, 2003.

Quorum and Vote Required For Approval

Neffs Bancorp, Inc.'s Articles of Incorporation authorize the corporation
to issue up to 2.5 million shares of common stock, par value $1.00 per share. At
the close of business on February 21, 2003, the corporation had 196,431 shares
of common stock issued and outstanding. The corporation's common stock is the
only issued and outstanding class of stock.

In order to hold the annual meeting, a "quorum" of shareholders must be
present. Under Pennsylvania law and the corporation's Bylaws, the presence, in
person or by proxy, of the holders of a majority of the shares entitled to vote
(meaning a majority of the number of shares outstanding on the voting record
date) is required to constitute a quorum for the transaction of business at the
meeting. The proxy holders will count votes withheld and abstentions when
determining the presence of a quorum. However, the proxy holders will not count
broker non-votes when determining the presence of a quorum for the particular
matter as to which the broker withheld authority.

Assuming the presence of a quorum, the affirmative vote of a majority of
the number of shares that constitutes a quorum for the transaction of business
at the annual meeting is required to elect the director candidates. The proxy
holders will not cast votes for or against any director candidates where the
broker withheld authority. Cumulative voting rights do not exist for the
election of directors. Each share of common stock is entitled to cast only one
vote for each nominee. For example, if a shareholder owns 10 shares of common
stock, he or she may cast up to 10 votes for each of the 2 Class C Director
nominees.

Assuming the presence of a quorum, the affirmative vote of a majority of
the number of shares that constitutes a quorum for the transaction of business
at the annual meeting is required to ratify the selection of independent
auditors. Abstentions and broker non-votes do not constitute "votes cast" and,
therefore, do not count either FOR or AGAINST ratification. However, abstentions
and broker non-votes have the practical effect of reducing the number of
affirmative votes required to achieve a majority for the matter by reducing the
total number of shares voted from which the required majority is calculated.

Revocability of Proxy

Shareholders who sign proxies may revoke them at any time before they are
voted by:

- delivering written notice of the revocation or delivering a properly
executed later-dated proxy to Duane J. Costenbader, Assistant
Secretary, at Neffs Bancorp, Inc., 5629 Route 873, PO Box 10, Neffs,
Pennsylvania 18065-0010 or by mailing the notice or proxy to Duane
J. Costenbader, Assistant Secretary, Neffs Bancorp, Inc., 5629 Route
873, PO Box 10, Neffs, Pennsylvania 18065-0010; or

- attending the meeting and voting in person after giving written
notice to the Assistant Secretary of Neffs Bancorp, Inc.

You have the right to vote and, if desired, to revoke your proxy any time
before the annual meeting. Should you have any questions, please call Duane J.
Costenbader, Assistant Secretary, at (610) 767-3875.

Methods of Voting

Voting by Proxy

- Mark your selections.

- Date your proxy and sign your name.

- Mail the proxy to Duane J. Costenbader, Assistant Secretary, Neffs
Bancorp, Inc., 5629 Route 873, PO Box 10, Neffs, Pennsylvania
18065-0010 using the enclosed postage-paid envelope.

Voting in Person

- Attend the annual meeting and show proof of eligibility to vote.

- Obtain a ballot.

- Mark your selections.

- Date your ballot and sign your name.

BOARD OF DIRECTORS AND EXECUTIVE OFFICERS

Governance

The board of directors oversees all of the corporation's business,
property, and affairs. The members of the board are kept informed of the
corporation's business through discussions at board meetings and by reviewing
reports and other materials. The members also keep themselves informed by
attending board and committee meetings.

During 2002, the corporation's board of directors held 13 meetings and the
bank's board of directors held 23 meetings. Each director attended at least 75%
of the combined total number of meetings of the corporation's and the bank's
boards and the committees of which he was a member.

Directors and Executive Officers of Neffs Bancorp, Inc

The following table sets forth selected information about the
corporation's directors and executive officers. The officers are elected or
appointed by the board of directors and each holds office at the board's
discretion.

POSITION HELD AGE AS OF
NAME POSITION SINCE MARCH 7, 2003
---- -------- ----- -------------

John J. Remaley Class A Director 1986 67
President and Chief Executive 1986
Officer

Herman P. Snyder Class A Director 1986 90
Vice President 1986

Robert L. Wagner Class C Director 1986 70
Secretary and Treasurer 2002

Robert B. Heintzelman Class B Director 1999 44

John F. Simock Class C Director 1997 66

Duane J. Costenbader Assistant Secretary 1986 55

Executive Officers of the Bank

The following table sets forth selected information about the bank's
executive officers, each of whom is selected by the bank's board of directors
and each of whom holds office at the board's discretion.

POSITION HELD AGE AS OF
NAME POSITION SINCE MARCH 7, 2003
---- -------- ----- -------------

John J. Remaley President 1983 (1) 67

Kevin A. Schmidt Executive Vice President and 1995 41
Chief Executive Officer 1996

Robert L. Wagner Vice President 2002(2) 70
Duane J. Costenbader Cashier, 1984 55
Secretary and 1986
Chief Operating Officer 1999

Carol L. Jones Operations Officer and 1999 54
Assistant Cashier 1999

(1) Mr. Remaley is not an employee of the bank. However, he was employed by
the bank from 1953 until 1995, when he retired.

(2) Mr. Wagner is not an employee of the bank.

Committees and Meetings of the Corporation's and the Bank's Board of Directors

The corporation's board of directors has, at present, no standing
committees. The corporation does not maintain a compensation or a nominating
committee. A shareholder who intends to nominate a candidate for election to the
board of directors must provide written notice to the corporation's Assistant
Secretary in accordance with the informational requirements of Section 10.1 of
the corporation's bylaws. The shareholder's notice must be delivered or received
by the Assistant Secretary of the corporation within sixty (60) days prior to
shareholder meeting called for the election of directors.

During 2002, the bank's board of directors maintained 5 standing
committees: Employee Profit Sharing and Retirement Trust; Investment;
Personnel/Salary; Property; and Site Inspection. The function and composition of
each of these committees is described below.

- The EMPLOYEE PROFIT SHARING AND RETIREMENT TRUST COMMITTEE of the
bank monitors the Employee Profit Sharing and Retirement Trust Plan
of the bank. The Employee Profit Sharing and Retirement Trust
Committee meets on an as-needed basis.

- The INVESTMENT COMMITTEE of the bank reviews and makes
recommendations for the bank's investment portfolios. The Investment
Committee meets on an as-needed basis.

- The PERSONNEL/SALARY COMMITTEE of the bank meets to review and set
employee compensation, human resource policies, and incentive
programs. This committee meets on an as needed basis.

- The PROPERTY COMMITTEE of the bank reviews any construction,
renovations or general maintenance of the bank or other corporate
property. The Property Committee of the bank develops a budget for
general maintenance and capital expenditures. This committee meets
on an as-needed basis.

- The SITE INSPECTION COMMITTEE of the bank performs inspections of
various sites to ensure that loans are adequately collateralized
prior to their disbursement. This committee meets approximately
twice a month.

COMMITTEES OF THE BANK'S BOARD OF DIRECTORS

MEETINGS HELD
COMMITTEE MEMBERS IN 2002
--------- ------- -------

EMPLOYEE PROFIT John J. Remaley, Kevin A. Schmidt, Duane J. Costenbader and 1
SHARING AND Robert B. Heintzelman
RETIREMENT TRUST:

INVESTMENT: Herman P. Snyder, John J. Remaley, Robert B. Heintzelman, 3
and Kevin A. Schmidt.

PERSONNEL/SALARY: Herman P. Snyder and Kevin Schmidt. 2

PROPERTY: Robert L. Wagner and John F. Simock. 12

SITE INSPECTION: John J. Remaley, Herman P. Snyder, Robert B. Heintzelman, 23
John F. Simock, and Robert L. Wagner.

Compensation of the Boards of Directors

Directors receive no remuneration for attendance at meetings of the Board
of Directors of the company. Each director of the bank received, in 2002, an
annual retainer of $12,000 for his attendance at Board meetings and committee
meetings of the bank. In addition, directors receive $20 for each trip made in
the course of performing site inspections, relating to mortgages, with a maximum
of $1,000 per year. During 2002, the bank paid its directors $1,640 for site
inspections. The Bank also contributed $1,000 to each director's respective
retirement plan with the bank.

In the aggregate, the directors received $61,640 from the bank during the
2002 fiscal year. In addition, the bank paid Kevin A. Schmidt, the bank's
Executive Vice President and Chief Executive Officer, and Duane J. Costenbader,
the bank's Cashier, Secretary and Chief Operating Officer, each $6,000 in 2002
for their attendance at Board meetings.

BOARD OF DIRECTORS REPORT ON
EXECUTIVE COMPENSATION

Compensation Report

The corporation's board of directors governs the corporation and its
subsidiary. In fulfilling its fiduciary duties, the board of directors endeavors
to act in the best interests of the corporation's shareholders, customers, and
the communities served by the corporation and its subsidiary. To accomplish the
corporation's strategic goals and objectives, the board of directors engages
competent persons, who undertake to accomplish these objectives with integrity
and with cost-effectiveness. The board of directors fulfills part of its
strategic mission through the compensation of these individuals. The bank, the
corporation's wholly-owned financial subsidiary, provides compensation to the
corporation's and the bank's directors and employees.

The corporation seeks to offer competitive compensation opportunities for
all employees based on the individual's contribution and personal performance.
The entire board of directors (comprised of the individuals named below)
administers the compensation program. The board seeks to establish a fair
compensation policy to govern the executive officers base salaries and incentive
plans to attract and motivate competent, dedicated, and ambitious managers,
whose efforts will enhance the corporation's products and services and will
result in improved profitability, increased dividends to the shareholders, and
subsequent appreciation in the market value of the corporation's shares.

The board reviews and annually approves the compensation of the
corporation's and the bank's top executives, including the chief executive
officer/executive vice president and the chief operating officer.

The board of directors does not deem Section 162(m) of the Internal
Revenue Code (the IRC) to be applicable to the corporation at this time. The
board of directors intends to monitor the future application of IRC Section
162(m) to the compensation paid to its executive officers; and, in the event
that this section becomes applicable, the board of directors intends to amend
the corporation's and the bank's compensation policies to preserve the
deductibility of the compensation payable under the policies.

Chief Executive Officer Compensation

The board of directors determined that the bank's Executive Vice
President's 2002 compensation of $75,000, an increase of $1,750 or 2.4% in his
2002 salary. The salary increase was based on a number of factors including: the
corporation's and bank's performance as measured by earnings, revenues,
expenses, return on assets, return on equity and total assets as well as state
of the economy and potential effect on bank earnings. No direct correlation
exists between the Executive Vice President's compensation, the Executive Vice
President's increase in compensation, and any of the above criteria, nor does
the board give any weight to any of the above specific individual criteria. The
board subjectively determines the increase in the Executive Vice President's
compensation based on a review of all relevant information.

Executive Officers Compensation

The board of directors increased the 2002 compensation of the
corporation's and the bank's executive officers by approximately 2.3% over 2001
compensation. The board determined these increases based on its subjective
analysis of the individual's contribution to the corporation's strategic goals
and objectives. In determining whether the strategic goals have been achieved,
the board considers numerous factors, including the following: the corporation's
performance as measured by earnings, revenues, return on assets, return on
equity, market share, total assets and non-performing loans. Although the board
measured the performance and increases in compensation in light of these
factors, no direct correlation exists between any specific criteria and an
employee's compensation, nor does the board, in its analysis, attribute specific
weight to any such criteria. The board makes a subjective determination after
review of all relevant information, including the above.

In addition to base salary, the corporation's and the bank's executive
officers may participate in annual and long-term incentive plans including the
bank's Employee Profit Sharing and Retirement Trust Fund Plan. (See page 11 for
more information.)

General labor market conditions, the individual's specific
responsibilities and the individual's contributions to the corporation's success
influence total compensation opportunities available to the corporation's and
the bank's employees. The board reviews individuals annually and strives to
offer compensation that is competitive with that offered by employers of
comparable size in our industry. Through these compensation policies, the
corporation strives to meet its strategic goals and objectives to its
constituencies and provide compensation that is fair and meaningful to its
executive officers.

This report is furnished by Neffs Bancorp, Inc.'s board of directors,
which performs the functions of a compensation committee.

BOARD OF DIRECTORS

John J. Remaley Herman P. Snyder
Robert B. Heintzelman John F. Simock
Robert L. Wagner

AUDIT REPORT

Neither the corporation's nor the bank's Board of Directors has an Audit
Committee. The entire Board of Directors of the corporation acts as the Audit
Committee and does not presently operate under a written audit charter. The
Board has reviewed the audited financial statements of the corporation for the
fiscal year ended December 31, 2002, and discussed them with management and the
corporation's independent accountants, Beard Miller Company LLP. The Board also
has discussed with the independent accountants the matters required to be
discussed by

the Statement of Auditing Standards Nos. 61, 89 and 90. The Board has received
from the independent accountants the written disclosures and letter required by
the Independence Standards Board Standard No. 1, and the Audit Committee has
discussed the accountants' independence from the corporation and management with
the accountants. Based on the review and discussions, the corporation
recommended to the Board of Directors that the corporation's audited financial
statements for the fiscal year ended December 31, 2002, be included in the
Company's Annual Report on Form 10-K for that fiscal year.

Aggregate fees pertaining to services rendered to the corporation and the
bank by Beard Miller Company LLP, the independent accountants, during the year
ended December 31, 2002, were as follows:

Audit Fees $42,015

Financial Information Systems Design and Implementation $ -0-

All Other Fees

Audit related fees(1) $24,850

Other non-audit services $ -0-

Total all other fees $24,850

(1) Audit related fees consisted of internal audit services, and was paid to
Financial Outsourcing Solutions LLP, a subsidiary of Beard Miller Company
LLP.

The Board of Directors has considered whether the services provided under
other non-audit services are compatible with maintaining the auditor's
independence. Effective December 31, 2002, Financial Outsourcing Solutions LLP
discontinued service as the bank's internal auditor in view of anticipated
regulatory restrictions on these types of services.

The Audit Report shall not be deemed incorporated by reference by any
general statement incorporating by reference this proxy statement into any
filing under the Securities Act of 1933, as amended, or the Securities Exchange
Act of 1934, as amended, except to the extent that the corporation specifically
incorporates this information by reference, and shall not otherwise be deemed
filed under the Acts.

The foregoing report has been furnished by the Board of Directors.

BOARD OF DIRECTORS

John J. Remaley Herman P. Snyder
Robert B. Heintzelman John F. Simock
Robert L. Wagner

COMPENSATION COMMITTEE INTERLOCKS
AND INSIDER PARTICIPATION

Kevin A. Schmidt, the Executive Vice President and Chief Executive Officer
of the bank, participated in the discussion relating to the compensation of all
bank employees; but, he neither participates in conducting his own review nor
takes part in determining his own compensation.

EXECUTIVE COMPENSATION

The following table sets forth information with regard to the annual
compensation for service in all capacities to the corporation and to the bank
for the fiscal years ended December 31, 2002, 2001, and 2000 for those persons
who were, at December 31, 2002:

- the chief executive officer; and

- the other four most highly compensated executive officers of the
corporation and of the bank, to the extent that these persons total
annual salary and bonus exceeded $100,000.

SUMMARY COMPENSATION TABLE

Annual Compensation Long-Term Compensation
------------------- ----------------------
Awards Payouts
------ -------
Name Other Restricted
and Annual Stock Options/ All Other
Principal Salary Bonus Compensation (3) Awards SARs Pay-outs Compensation
Position Year ($) ($) ($) ($) (#) ($) ($)
-------- ---- --- --- --- --- --- --- ---

John J. Remaley, 2002 12,000(1) 0 0 0 0 0 1,000(2)
President and 2001 11,200(1) 0 0 0 0 0 1,000(2)
Chief Executive 2000 9,600(1) 0 0 0 0 0 800(2)
Officer of the
corporation

Kevin A. Schmidt, 2002 75,000 0 6,000(3) 0 0 0 7,125(4)
Executive Vice 2001 73,250 0 5,600(3) 0 0 0 7,325(4)
President and 2000 70,100 0 4,800(3) 0 0 0 7,368(4)
Chief Executive
Officer of the bank

- ----------
(1) Consists solely of director's fees; Mr. Remaley is not an employee of the
company or bank.

(2) Consists of the bank's contribution on behalf of Mr. Remaley to the bank's
Director's Retirement Fund.

(3) Kevin A. Schmidt was paid $6,000, $5,650, and $4,800 to attend board
meetings in 2002, 2001,and 2000, respectively.

(4) Consists of the bank's contributions on behalf of Mr. Schmidt to the
Employee Profit Sharing and Retirement Trust Plan.

EMPLOYEE PROFIT SHARING AND RETIREMENT TRUST FUND PLAN

The bank maintains and sponsors a defined contribution 401(k) savings and
investment plan. The plan is administered by the bank and is subject to the
Internal Revenue Code of 1986 and to the regulations promulgated thereunder.
Participants are entitled to certain rights and protection under the Employee
Retirement Income Security Act of 1974.

Each bank employee who attains the age of 21, successfully completes any
probationary period(s) and completes 1,000 hours of service per year may
participate in the bonus (other than year-end bonus), or other direct
remuneration to the plan. Generally, eligible employees may not contribute more
than 15% of their compensation. Each year, the bank determines the amount, if
any, which it will contribute to the plan. The bank's contributions to the
401(k) plan for each participant vest in 5 to 6 years from plan enrollment. The
employee's contribution to the 401(k) plan vest immediately. The bank incurred
expenses of $60,670.00, $59,105, and $57,742, for financial reporting purposes
during 2002, 2001, and 2000, respectively, in connection with the plan.

CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

The corporation and the bank have not entered into any material
transactions, proposed or consummated, with any director or executive officer of
the corporation or the bank, or any associate of the foregoing persons, with the
exception of that disclosed below. The corporation and the bank have engaged in
and intend to continue to engage in banking and financial transactions in the
ordinary course of business with directors and officers of the corporation and
the bank and their associates on comparable terms with similar interest rates as
those prevailing from time to time for other bank customers.

Total loans outstanding from the bank at December 31, 2002, to the
corporation's and the bank's officers and directors as a group, members of their
immediate families and companies in which they had an ownership interest of 10%
or more amounted to $1,139,986, or approximately 3.5% of the bank's total equity
capital. The bank made these loans in the ordinary course of business, on
substantially the same terms, including interest rates and collateral, as those
prevailing at the time for comparable transactions with other persons, and did
not involve more than the normal risk of collection or present other unfavorable
features.

The bank employed the services of Simock Construction, Inc. during 2002 to
repair the bank's main office and other property owned by the corporation.
Simock Construction, Inc. is owned by the son of Director John F. Simock. The
total amount of the transaction was $32,589.

ELECTION OF DIRECTORS

Qualification and Nomination of Directors

Section 10.2 of the corporation's bylaws authorizes the number of
directors to be not less than 5 nor more than 25. The bylaws provide for 3
classes of directors with staggered 3 year terms of office. The board of
directors may, from time to time, fix the number of directors and their
respective classifications.

The board of directors nominated the 2 persons named below to serve as
Class C Directors until the 2006 annual meeting of shareholders or until their
earlier death, resignation, or removal from office. All of the nominees are
presently members of the board of directors and all have consented to serve
another term as a director if re-elected. If any of the nominees should be
unavailable to serve for any reason, pursuant to Section 11.1 of the
corporation's bylaws, a majority of the board of directors then in office may
fill the vacancy until the expiration of the term of the class of directors to
which he or she was appointed.

In accordance with Section 10.3 of the corporation's bylaws, the board of
directors is divided into 3 classes whose terms expire at successive annual
meetings. Therefore, the corporation maintains a classified board with staggered
3 year terms of office. Currently, Class A consists of 2 directors, Class B
consists of 1 director, and Class C consists of 2 directors. Shareholders will
elect 2 Class C Directors at the annual meeting to serve for a 3 year term that
expires at the corporation's 2006 annual meeting.

The proxy holders intend to vote all proxies for the election of each of
the 2 nominees named below, unless you indicate that your vote should be
withheld from any or all of them. Each nominee elected as a director will
continue in office until his or her successor has been duly elected and
qualified, or until his or her death, resignation or retirement.

The board of directors proposes the following nominees for election as
Class C Directors at the annual meeting:

- John F. Simock; and

- Robert L. Wagner.

The board of directors recommends that shareholders vote FOR the proposal
to elect the 2 nominees listed above as Class C Directors.

Information as to Nominees and Directors

Set forth below is the principal occupation and certain other information
regarding the nominees and other directors whose terms of office will continue
after the annual meeting. You will find information about their share ownership
on pages 16 and 17.

CURRENT CLASS A DIRECTORS (to serve until 2005)

John J. Remaley Mr. Remaley (age 67) has served as the President of the
company since 1986 and of the bank since 1983. He has
also served as a director of the company since 1986 and
of the bank since 1983. Although Mr. Remaley serves as
President, he is not a current employee of the company
or the bank. Mr. Remaley was employed by the bank from
1953 through 1995, when he retired. After his
retirement, Mr. Remaley continued to serve as President
of the company. Mr. Remaley also serves on the Boards of
several non-profit organizations.

Herman P. Snyder Mr. Snyder (age 90) has been a director of the company
since 1986 and of the bank since 1969. He has been a
Vice President of the company since 1986. The position
of Vice President is a non-employee position. He has
been Chairman of the Board of the bank since 1986. Mr.
Snyder is a retired School District Superintendent.

CLASS B DIRECTOR (to serve until 2004)

Robert B. Heintzelman Mr. Heintzelman (age 44) has served as a director of the
company and of the bank since 1999. He and his family
are the owners of Heintzelman Funeral Home, Inc.,
located in Schnecksville, Pennsylvania.

CLASS C DIRECTORS (to serve until 2003)
AND NOMINEES FOR CLASS C DIRECTOR (TO SERVE UNTIL 2006 IF RE-ELECTED)

John F. Simock Mr. Simock (age 66), the prior owner of John F. Simock,
Inc., a general contractor, is now retired. He has
served as a director of the company and the bank since
1997.

Robert L. Wagner Mr. Wagner (age 70), is the retired owner of a building
products and supply company. He has served as a director
of the company since 1986 and of the bank since 1985.
Mr. Wagner also serves as Secretary/Treasurer of the
Company since 2002. Mr. Wagner serves as Vice President
of the Bank, a non-employee position.

BENEFICIAL OWNERSHIP OF
NEFFS BANCORP, INC.'S STOCK OWNED BY
PRINCIPAL OWNERS AND MANAGEMENT

PRINCIPAL SHAREHOLDERS

The following table sets forth, as of March 1, 2003, the name and address
of each person who owns of record or who is known by the Board of Directors to
be the beneficial owner of more than 5% of the company's outstanding common
stock, the number of shares beneficially owned, and the percentage of the
company's outstanding common stock owned.

Percent of Outstanding
Shares Beneficially Common Stock Beneficially
Owned(1) Owned
-------- -----

William F. & Alma P. Deibert 11,720(2) 5.8%
4801 East Texas Rd
Allentown, PA 18106

John J. Remaley 10,443(3) 5.3%
4116 Kilmer Avenue
Allentown, PA 18104

Herman P. Snyder 13,500(4) 6.8%
5519 Route 873
Neffs, PA 18065

- ----------

(1) The securities "beneficially owned" by an individual are determined in
accordance with the definitions of "beneficial ownership" set forth in the
General Rules and Regulations of the Securities and Exchange Commission
and may include securities owned by or for the individual's spouse and
minor children and any other relative who has the same home, as well as
securities to which the individual has or shares voting or investment
power or has the right to acquire beneficial ownership within 60 days
after December 31, 2002. An individual has the right to disclaim
beneficial ownership of certain securities. Unless otherwise indicated,
the individuals own the shares directly.

(2) Mr. and Mrs. Deibert own these shares jointly.

(3) Includes 4,250 shares held individually by Mr. Remaley, 3,126 shares held
jointly with his spouse, and 3,062 shares held by his sons, and 5 shares
held by his grandson.

(4) Includes 1,000 shares held individually by Mr. Snyder, 2,750 shares held
individually by his son, 4,000 shares held jointly with his daughter,
4,000 shares held jointly with his son, and 1,750 shares held jointly by
his daughter and son-in-law.

SHARE OWNERSHIP BY THE DIRECTORS AND EXECUTIVE OFFICERS

The following table sets forth, as of March 1, 2003, the amount and
percentage of the common stock of the Corporation beneficially owned by:

- Each director,

- Each executive officer named in the Summary Compensation Table below
under Executive Compensation, and

- All executive officers and directors as a group.

Percent of
Name of Individual or Amount and Nature of Outstanding Common Stock
Identity of Group Beneficial Ownership (1)(2) Beneficially Owned (3)
----------------- --------------------------- ----------------------

DIRECTORS:

Robert B. Heintzelman 1,660(4) *

John J. Remaley** 10,443(5) 5.3%

John F. Simock 1,500(6) *

Herman P. Snyder 13,500(7) 6.9%

Robert L. Wagner 4,146(8) 2.1%

ALL EXECUTIVE OFFICERS AND DIRECTORS
AS A GROUP (8 PERSONS)(9) 31,508 16.09%

- --------------------------------------------------------------------------------
* Less than 1% beneficially owned.

** Mr. Remaley also serves as President and Chief Executive Officer of the
company.

(1) The securities "beneficially owned" by an individual are determined in
accordance with the definitions of "beneficial ownership" set forth in the
General Rules and Regulations of the Securities and Exchange Commission
and may include securities owned by or for the individual's spouse and
minor children and any other relative who has the same home, as well as
securities to which the individual has, or shares, voting or investment
power or has the right to acquire beneficial ownership within 60 days
after December 31, 2002. Each individual has the right to disclaim
beneficial ownership of certain of the securities.

(2) Based on information supplied by the reporting individuals.

(3) The calculation of percentages of outstanding common stock is based on the
approximately 196,431 shares outstanding as of March 1, 2003.

(4) Includes 1,010 shares held individually by Mr. Heintzelman, 55 shares held
by Jean and Richard Heintzelman, 4 shares held individually by his spouse,
3 shares held by his children, 55 shares held jointly by mother and
father, 250 shares held jointly by his mother and brother, 271 shares held
by his mother, 45 shares held by his brother, and 22 shares held by his
nieces.

(5) Includes 4,250 shares held individually by Mr. Remaley, 3,126 shares held
jointly with his spouse, and 3,067 shares held by his sons and grandchild.

(6) Includes 1,427 shares held individually by Mr. Simock, 35 shares held
individually by his spouse, and 38 shares held by his children,
son-in-law, daughter-in-law, and grandchildren.

(7) Includes 1,000 shares held individually by Mr. Snyder, 2,750 shares held
individually by his son, 4,000 shares held jointly with his daughter,
4,000 shares held jointly with his son, and 1,750 shares held jointly by
his daughter and son-in-law.

(8) Includes 1,000 shares held individually by Mr. Wagner, 235 shares held
individually by his spouse, 1,320 shares held jointly with his spouse, and
1,591 shares held by his daughters and son-in-law.

(9) Includes the Directors, Kevin A. Schmidt, Executive Vice President of the
bank , Duane J. Constenbader, Assistant Secretary of the Corporation, and
Carol Jones, Assistant Cashier and Operations Officer for the bank.

SECTION 16(A) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE

Section 16(a) of the Securities Exchange Act of 1934, requires that the
corporation's officers and directors, and persons who own more than 10% of the
registered class of the corporation's equity securities, file reports of
ownership and changes in ownership with the Securities and Exchange Commission.
Officers, directors and greater than 10% shareholders are required by SEC
regulation to furnish the corporation with copies of all Section 16(a) forms
they file.

Based solely on its review of the copies of Forms 3, 4 and 5 and
amendments thereto received by it, or written representations from certain
reporting persons that no Form 5 was required for that reporting person, the
corporation believes that its officers and directors were in compliance with all
filing requirements applicable to them.

SHAREHOLDER PROPOSALS FOR 2004 ANNUAL MEETING

Any shareholder who, in accordance with and subject to the provisions of
the proxy rules of the Securities and Exchange Commission, wishes to submit a
proposal for inclusion in the corporation's proxy statement for its 2004 Annual
Meeting of Shareholders must deliver the proposal in writing to the Assistant
Secretary of Neffs Bancorp, Inc. at its principal executive offices, 5629 Route
873, PO Box 10, Neffs, Pennsylvania 18065-0010, not later than Friday, December
13, 2003. If a shareholder proposal is submitted to the corporation after
December 13, 2003, it is considered untimely; and, although the proposal may be
considered at the annual meeting, it may not be included in the corporation's
2004 proxy statement. Any proposals should be addressed to the Assistant
Secretary. Section 10.1 of the corporation's bylaws requires a shareholder to
deliver a notice of nomination for election to the board of directors to the
Assistant Secretary no later than 90 days in advance of the anniversary date of
the preceding shareholders meeting.

PERFORMANCE GRAPH

Set forth below is a line graph comparing the yearly change in the
cumulative total shareholder return on the corporation's common stock against
the cumulative total return of the S&P 500 Stock Index and the Neffs Bancorp
Peer Group Index for the period commencing November 12, 1998, and ending
December 31, 2002. The graph shows the cumulative investment return to
shareholders, based on the assumption that a $100 investment was made on
November 12, 1998, in each of the corporation's common stock, the S&P 500 Stock
Index and the Neffs Bancorp Group Index, and that all dividends were reinvested
in such securities since November 12, 1998. The cumulative total return on such
investment in Neffs Bancorp, Inc., as of the end of each following fiscal year,
would be $106.02, $115.79, $116.99, $112.36 and $119.26, respectively. The
shareholder return shown on the graph below is not necessarily indicative of
future performance.

[Graphic Omitted]

In the printed version of the document, a line graph appears which depicts the
following plot points:

Neffs Bancorp, Inc. S&P 500 Neffs Bancorp, Inc.
Peer Group

November 12, 1998 100.00 100.00 100.00
December 31, 1998 106.02 110.10 101.99
December 31, 1999 115.79 133.27 92.10
December 31, 2000 116.99 121.13 72.78
December 31, 2001 112.36 106.75 89.14
December 31, 2002 119.26 83.04 104.66

* The Neffs Bancorp, Inc. Peer Group Index consists of Codorus Valley
Bancorp, Inc., Fidelity D&D Bancorp, Inc., First Chester County
Corporation, Norwood Financial Corporation, Penseco Financial Services
Corp., Peoples First, Inc., and Premier Bancorp, Inc.

PROPOSALS

1. ELECTION OF 2 CLASS C DIRECTORS.

The nominees for election are:

- John F. Simock

- Robert L. Wagner

Each has consented to serve a 3 year term. (See page 5 for more
information.)

If any director is unable to stand for re-election, the board may
designate a substitute. The proxy holders will vote in favor of a substitute
nominee. The board of directors has no reason to believe the 2 nominees for
Class C Director will be unable to serve if elected.

Cumulative voting rights do not exist with respect to the election of
directors. The affirmative vote of a majority of the number of shares that
constitutes a quorum for the transaction of business at the annual meeting is
necessary to elect the director candidates.

The Board of Directors recommends that shareholders vote FOR the election
of the 2 nominees as Class C Directors.

2. RATIFICATION OF BEARD MILLER COMPANY LLP AS THE CORPORATION'S INDEPENDENT
AUDITORS.

The corporation's and the bank's board of directors believe that Beard
Miller Company LLP's knowledge of the corporation and the bank is invaluable.
Beard Miller Company LLP advised the corporation that none of its members has
any financial interest in the corporation. Beard Miller Company LLC served as
the corporation's independent auditors for the 2002 fiscal year. They assisted
the corporation and the bank with regulatory matters, charging the bank for such
services at its customary hourly billing rates. The corporation's and the bank's
board of directors approved these non-audit services after due consideration of
the auditors' objectivity and after finding them to be wholly independent.

In the event that the shareholders do not ratify the selection of Beard
Miller Company LLP as the corporation's independent auditors for the 2003 fiscal
year, the board of directors may choose another accounting firm to provide
independent audit services for the 2003 fiscal year.

The affirmative vote of a majority of the number of shares that
constitutes a quorum for the transaction of business at the annual meeting is
necessary to ratify Beard Miller Company LLP as the corporation's independent
auditors for 2003.

The Board of Directors recommends that shareholders vote FOR the
ratification of Beard Miller Company LLP as the independent auditors of Neffs
Bancorp, Inc. for the year ending December 31, 2003.

ANNUAL REPORT

A copy of the corporation's annual report for its fiscal year ended
December 31, 2002 is enclosed with this proxy statement. A representative of
Beard Miller Company LLP, the independent auditors who examined the financial
statements in the annual report, will not attend the meeting.

LEGAL PROCEEDINGS

In the opinion of the management of the corporation and the bank, there
are no proceedings pending that involve the corporation or the bank, which, if
determined adversely to them, would have a material effect on their undivided
profits or financial condition. There are no proceedings pending other than
ordinary routine litigation incident to the business of the corporation and the
bank. In addition, to management's knowledge, no government authorities have
initiated, threatened to initiate, or contemplated any material legal actions
against the corporation or the bank.

OTHER MATTERS THAT MAY COME BEFORE THE ANNUAL MEETING

The board of directors knows of no business other than that referred to in
the accompanying Notice of Annual Meeting of Shareholders that may be presented
at the annual meeting. However, if any other matter should be properly presented
for consideration and voting at the annual meeting or any adjournments of the
meeting, the proxy holders will vote the proxies in what they determine to be
the corporation's best interests.

ADDITIONAL INFORMATION

Upon written request of any shareholder, a copy of the corporation's
annual report on Form 10-K for its fiscal year ended December 31, 2002,
including the financial statements, schedules and exhibits, required to be filed
with the Securities and Exchange Commission pursuant to Rule 13a-1 under the
Securities Exchange Act of 1934, may be obtained, without charge by: writing to
Chief Operating Officer, The Neffs National Bank, 5629 Route 873, PO Box 10,
Neffs, Pennsylvania 18065, or visiting the SEC's website at
www.sec.gov/edgarhp.htm.

NEFFS BANCORP, INC.
PROXY

ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON APRIL 9, 2003
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

The undersigned hereby constitutes and appoints Velma Wehr and Ronald
Gildner and each or any of them, proxies of the undersigned, with full power of
substitution to vote all of the shares of Neffs Bancorp, Inc. that the
undersigned may be entitled to vote at the corporation's Annual Meeting of
Shareholders to be held on Wednesday, April 9, 2003, at 8:00 p.m., Eastern Time,
at the NOVA Building, 2375 Levans Road, Coplay, Pennsylvania 18037, and at any
adjournment or postponement of the meeting as follows:

1. ELECTION OF 2 CLASS C DIRECTORS TO SERVE FOR A 3 YEAR TERM.

JOHN F. SIMOCK ROBERT L. WAGNER

| | FOR all nominees | | WITHHOLD AUTHORITY
to vote for all
nominees listed above

The Board of Directors recommends a vote FOR these nominees.

(INSTRUCTION: TO WITHHOLD AUTHORITY TO VOTE FOR ANY INDIVIDUAL NOMINEE, WRITE
THAT NOMINEE'S NAME ON THE SPACE PROVIDED BELOW.)

2. RATIFICATION OF THE SELECTION OF BEARD MILLER COMPANY LLP AS THE
CORPORATION'S INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2003.

The Board of Directors recommends a vote FOR this proposal.

3. In their discretion, the proxy holders are authorized to vote upon such
other business as may properly come before the meeting and any adjournment
or postponement of the meeting.

THIS PROXY, WHEN PROPERLY SIGNED AND DATED, WILL BE VOTED IN THE MANNER DIRECTED
BY THE UNDERSIGNED SHAREHOLDERS. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR ALL NOMINEES LISTED ABOVE AND FOR PROPOSAL 2.

Dated: ______________________, 2003 ________________________________________
Signature

Number of Shares Held of Record
on February 21, 2003 ________________________________________
Signature

- ----------

THIS PROXY MUST BE DATED, SIGNED BY THE SHAREHOLDER(S) AND RETURNED PROMPTLY TO
NEFFS BANCORP, INC. IN THE ENCLOSED ENVELOPE. WHEN SIGNING AS ATTORNEY,
EXECUTOR, ADMINISTRATOR, TRUSTEE OR GUARDIAN, PLEASE GIVE FULL TITLE. IF MORE
THAN ONE TRUSTEE, ALL SHOULD SIGN. IF STOCK IS HELD JOINTLY, EACH OWNER SHOULD
SIGN.