Exhibit 99.1


March 16, 2006


Securities and Exchange Commission
Washington, D.C. 20549


Ladies and Gentlemen:

We are currently principal accountants for Stewardship Financial Corporation and
subsidiary  and,  under  the  date  of  March  25,  2005,  we  reported  on  the
consolidated financial statements of Stewardship Financial Corporation as of and
for the years ended  December  31,  2004 and 2003.  On March 10,  2006,  we were
notified that Stewardship Financial Corporation engaged Crowe Chizek and Company
LLC as its principal  accountant for the year ending  December 31, 2006 and that
the  auditor-client  relationship  with KPMG will cease upon  completion  of the
audit  of  Stewardship  Financial  Corporation  and  subsidiary's   consolidated
financial  statements  as of and for the year ended  December 31, 2005,  and the
issuance of our report thereon. We have read Stewardship  Financial  Corporation
and subsidiary's statements included under Item 4.01 of its Form 8-K dated March
16, 2006 and we agree with such statements, except that we are not in a position
to agree or disagree with  Stewardship  Financial  Corporation and  subsidiary's
statement  that the change was  approved by the audit  committee of the board of
directors  and we are not in a position  to agree or disagree  with  Stewardship
Financial  Corporation and subsidiary's  statement that Crowe Chizek and Company
LLC were not engaged  regarding the  application  of accounting  principles to a
specified  transaction  or the type of audit  opinion  that might be rendered on
Stewardship  Financial  Corporation  and  subsidiary's   consolidated  financial
statements.

Very truly yours,

/S/ KPMG LLP
Short Hills, NJ