EXHIBIT 99.1

                                 PRESS RELEASE
                     FOR RELEASE JULY 31, 2007 AT 4:00 P.M.

                          For More Information Contact
                               Joseph J. Bouffard
                                 (410) 248-9130
                               BCSB Bankcorp, Inc.

          BCSB BANKCORP, INC. AND BALTIMORE COUNTY SAVINGS BANK, F.S.B.
                       APPOINT NEW CHIEF FINANCIAL OFFICER

BALTIMORE - BCSB Bankcorp, Inc. (NASDAQ: BCSB), the holding company for
Baltimore County Savings Bank, F.S.B., headquartered in Baltimore, Md.,
announced today that the Board of Directors has appointed Anthony Cole, CPA, as
Executive Vice President and Chief Financial Officer. Mr. Cole also was
appointed Executive Vice President and Chief Financial Officer of Baltimore
County Savings Bank, F.S.B. and Baltimore County Savings Bank, M.H.C. All
appointments are effective September 4, 2007.

"Tony makes a valuable addition to BCSB at this exciting time," commented
President and CEO Joseph J. Bouffard. "We look forward to utilizing his
experience and expertise as we move the Bank forward."

Mr. Cole, age 46, was formerly the Senior Vice President/Chief Financial Officer
of Bay Net Financial, Inc. until that company was acquired by Sterling Financial
Corporation of Pa. During his seven-year tenure at Bay Net, Mr. Cole served as a
key participant in the formation of a new financial institution and unitary
thrift holding company which included a private placement stock offering. Mr.
Cole also helped manage the company to profitability in less than three years.
In addition to CFO, Mr. Cole also functioned as security officer, stock transfer
agent and BSA/OFAC officer.

Prior to his position at Bay Net, Mr. Cole was the chief financial officer at
several Baltimore financial institutions including Atlantic Federal Savings Bank
from December 1988 to May 1996. Mr. Cole began his career in 1982 at KPMG, LLP.

Mr. Cole holds a bachelor's degree from University of Baltimore and resides in
Millersville, Md.

Founded in 1955, Baltimore County Savings Bank operates under its holding
company, BCSB Bankcorp, Inc. BCSB provides regional community banking solutions
through 18 locations across the Baltimore metropolitan area. BCSB Bankcorp, Inc.
became a publicly traded mutual holding company in July 1998. For more
information, visit www.baltcosavings.com.
                   ---------------------

This press release contains statements that are forward-looking, as that term is
defined by the Private Securities Litigation Reform Act of 1995 or the
Securities and Exchange Commission in its rules, regulations and releases. The
Company intends that such forward-looking statements be subject to the safe
harbors created thereby. All forward-looking statements are based on current
expectations regarding important risk factors, including but not limited to real
estate values, market conditions, the impact of interest rates on financing, and
local and national economic factors. Accordingly, actual results may differ from
those expressed in the forward-looking statements, and the making of such
statements should not be regarded as a representation by the Company or any
other person that results expressed herein will be achieved.