EXHIBIT 24.1 POWERS OF ATTORNEY CONFORMED POWERS OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Leopold W. Montanaro and Dennis A. Petrello as the true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities to sign any or all amendments to the Form MHC-1 Notice of Mutual Holding Company Reorganization ("Notice"), the Form MHC-2 Application for Approval of a Minority Stock Issuance by a Savings Bank Subsidiary of a Mutual Holding Company ("Application") and the Form S-1 Registration Statement (the "Form S-1") and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Office of Thrift Supervision or the U.S. Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. Pursuant to the requirements of Part 563b of the OTS Rules and Regulations and the Securities Act of 1933, as amended, and any rules and regulations promulgated thereunder, the foregoing Powers of Attorney prepared in conjunction with the Notice, Application and the Form S-1 have been duly signed by the following persons in the capacities on the dates indicated. NAME DATE ---- ---- /s/ Leopold W. Montanaro June 12, 1998 - ------------------------------------ Leopold W. Montanaro President, Chief Executive Officer and Director (duly authorized representative and principal executive officer) West Essex Bancorp, Inc. President, Chief Executive Officer and Director (duly authorized representative and principal executive officer) West Essex Bank, F.S.B. /s/ Dennis A. Petrello June 12, 1998 - ------------------------------------ Dennis A. Petrello Executive Vice President and Chief Financial Officer (principal financial and accounting officer) West Essex Bancorp, Inc. Executive Vice President and Chief Financial Officer (principal financial and accounting officer) West Essex Bank, F.S.B. /s/ William J. Foody June 12, 1998 - ------------------------------------ William J. Foody Director West Essex Bancorp, Inc. Chairman of the Board West Essex Bank, F.S.B. /s/ David F. Brandley June 12, 1998 - ------------------------------------ David F. Brandley Director West Essex Bancorp, Inc. Director West Essex Bank, F.S.B. /s/ Everett N. Leonard June 12, 1998 - ------------------------------------ Everett N. Leonard Director West Essex Bancorp, Inc. Director West Essex Bank, F.S.B. /s/ James P. Vreeland June 12, 1998 - ------------------------------------ James P. Vreeland Director West Essex Bancorp, Inc. Director West Essex Bank, F.S.B. /s/ John J. Burke June 12, 1998 - ------------------------------------ John J. Burke Director West Essex Bancorp, Inc. Director West Essex Bank, F.S.B.