NEWS RELEASE
                      FOR MORE INFORMATION CONTACT
                      Michele J. Scott, Assistant Vice President 
                      ------------------------------------------

                      FOR IMMEDIATE RELEASE                
                      (410) 256-5000



            BCSB BANKCORP, INC.  ANNOUNCES
     APPOINTMENT OF GARY C. LORADITCH AS PRESIDENT


     Baltimore, Maryland - November 25, 1998.  BCSB Bankcorp,
Inc. (Nasdaq.nms: BCSB), the holding company for Baltimore
County Savings Bank, F.S.B. and a majority-owned subsidiary of
Baltimore County Savings Bank, M.H.C., announced today that Gary
C. Loraditch will be the next President of BCSB Bankcorp, Inc.
and its operating subsidiary, Baltimore County Savings Bank,
F.S.B. effective January 1, 1999.  He will succeed Michael J.
Dietz, who has previously announced that his retirement would be
effective at that time.

     Gary C. Loraditch has been with the Bank for 24 years
serving in various capacities.  Currently, he is a Vice
President, Chief Financial Officer and a member of the Board of
Directors of the Bankcorp and its subsidiary Bank.  Mr.
Loraditch received his secondary education at the John Carroll
School in Bel Air.  He received his BS degree in Accounting from
the University of Baltimore and later graduated from their
School of Law.  Mr. Loraditch is a Certified Public Accountant
and an Attorney at Law.

     Mr. Loraditch was born and raised in the Perry Hall area
of Baltimore County and currently resides with his wife and four
children in Harford County.

     Upon his selection, Mr. Loraditch stated, "I am looking
forward to the challenge of being CEO for the Bank and
appreciate the confidence and trust placed in me by the Board of
Directors.  I hope to maintain the Bank's steady growth and look
forward to continuing the modernization of the Bank's branch
network in our market area".

     Baltimore County Savings Bank is a $270 million financial
institution with five offices located in Baltimore and Harford
Counties.  It completed a successful conversion to the mutual
holding company form of organization which raised approximately
$22 million in capital in July 1998.  Also, the Bank recently
announced that it will be expanding its Harford County presence
with the addition of three offices to be located in Abingdon,
Forest Hill and Hickory.