UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
January 6, 2004
MONMOUTH COMMUNITY BANCORP
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(Exact name of registrant as specified in charter)
New Jersey 0-27428 22-3757709
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(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) Identification No.)
627 Second Avenue, Long Branch, New Jersey 07740
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (732) 571-1300
Not Applicable
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(Former name or former address, if changed since last report)
Item 5. Other Events and Regulation FD Disclosure
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On January 6, 2004, Monmouth Community Bancorp issued the following press
release:
Monmouth Community Bank, N.A. Named Top Business-Friendly Bank by SBA
LONG BRANCH, NEW JERSEY, January 6, 2004, Monmouth Community Bancorp (NASDAQ
Small Cap Market; MCBK) is pleased to announce that its wholly-owned subsidiary,
Monmouth Community Bank, N.A., has been named as one of New Jersey's top two
small business-friendly banks by the Office of Advocacy of the U.S. Small
Business Administration (SBA). The ranking is part of the comprehensive "Small
Business and Micro Business Lending in the United States, 2002 Edition," the
seventh in an annual series.
"This report is one tool small businesses can use when they shop for loans,"
said Thomas M. Sullivan, Chief Counsel for Advocacy. "It also provides
policymakers with data they need to make informed decisions on financial
matters," he said.
According to James S. Vaccaro, Chairman and CEO of Monmouth Community Bank,
N.A., "We are proud to be recognized by the SBA for our efforts in serving the
small business community. Monmouth Community Bank, N.A. will continue to strive
to meet the needs of its commercial and retail customers by offering quality
products and services in each of the markets we serve."
Created by Congress in 1976, the Office of Advocacy of the U.S. Small Business
Administration (SBA) is an independent voice for small business within the
federal government. Appointed by the President and confirmed by the U.S. Senate,
the Chief Counsel for Advocacy directs the office. The Chief Counsel advances
the views, concerns, and interests of small business before Congress, the White
House, federal agencies, federal courts, and state policy makers. Economic
research, policy analyses, and small business outreach help identify issues of
concern. Regional Advocates and an office in Washington, DC, support the Chief
Counsel's efforts. For more information on the Office of Advocacy, visit
www.sba.gov/advo or call (202) 205-6533.
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Monmouth Community Bancorp is the holding company and sole shareholder of
Monmouth Community Bank, N.A., a nationally chartered commercial bank, which
commenced operations in the second half of 1998. Monmouth Community Bank
provides a full range of banking services to both individual and business
customers through six, full-service branch facilities located in Monmouth
County, New Jersey.
Statements about the future expectations of Monmouth Community Bancorp and
Monmouth Community Bank, including future revenues and earnings, and all other
statements in this press release other than historical facts are
"forward-looking statements" within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934,
as amended. Since these statements involve risks and uncertainties and are
subject to change at any time, the companies' actual results could differ
materially from expected results. Among these risks, trends and uncertainties
are the effect of governmental regulation on Monmouth Community Bank, the
availability of working capital, the cost of personnel, and the competitive
market in which Monmouth Community Bank competes.
CONTACTS:
Monmouth Community Bank, N.A.
James S. Vaccaro, Chairman and CEO, 732-571-1300
Anthony Giordano, III, EVP and CFO, 732-923-1115
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
MONMOUTH COMMUNITY BANCORP
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(Registrant)
By: /s/ James S. Vaccaro
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James S. Vaccaro
Chairman and Chief Executive Officer
Date: January 6, 2004