FOR IMMEDIATE RELEASE


           UNITED FINANCIAL BANCORP, INC. ANNOUNCES THE RESULTS OF ITS
         STOCK OFFERING; CONFIRMS ORDERS TO SELL 9,562,500 SHARES OF ITS
                        COMMON STOCK AT $10.00 PER SHARE

     West  Springfield,  MA, November 27, 2007: United Financial  Bancorp,  Inc.
(the "Company"),  the proposed  Maryland holding company for United Bank and the
successor  company for United  Financial  Bancorp,  Inc., a Federal  corporation
(NASDAQ Global Select: UBNK)("United  Financial-Federal"),  today announced that
it has completed the syndicated offering portion of its second-step conversion.

     Orders for a total of  6,464,968  shares at a purchase  price of $10.00 per
share have been accepted in the syndicated offering, for which Keefe, Bruyette &
Woods,  Inc.  acted as lead  manager.  The Company also has received  orders for
3,097,532 shares in the subscription offering and the community offering portion
of its  second-step  conversion,  including  753,834  shares to be issued to the
employee stock ownership plan. As a result, the Company anticipates that a total
of  9,562,500  shares  will  be  sold in the  subscription  offering,  community
offering and syndicated offering combined.

     In addition, upon the completion of the conversion and stock offering, each
public  stockholder of United  Financial-Federal  will receive 1.04056 shares of
the  Company's  common stock in exchange for each of his or her shares of United
Financial-Federal  common stock.  In the  aggregate,  existing  stockholders  of
United  Financial-Federal  will receive  approximately  8,201,867  shares of the
Company's stock, less fractional shares that will be cashed-out.

     The Company also announced that it has received the regulatory, stockholder
and depositor  approvals necessary to complete the second-step  conversion.  The
transaction  is  scheduled  to close on December  3, 2007,  at which time United
Mutual Holding  Company will cease to exist.  The shares of common stock sold in
the offering and issued in the exchange  will trade on the NASDAQ  Global Select
market  under the symbol  "UBNKD" for the first  twenty  trading  days after the
closing, after which the symbol will revert to "UBNK."

     United  Financial  Bancorp,  Inc. is the holding company for United Bank, a
federally   chartered   savings   bank   headquartered   in  West   Springfield,
Massachusetts that had $1.1 billion in assets at September 30, 2007. United Bank
was originally founded in 1882, as a  Massachusetts-chartered  cooperative bank.
In July 2005, United Financial Bancorp,  Inc. completed its initial public stock
offering.  Investors may obtain  additional  information  about United Financial
Bancorp,  Inc.  on the  Internet  at  www.bankatunited.com,  under the  Investor
Relations section.

     This press  release  contains  certain  forward-looking  statements.  These
forward-looking  statements are made in good faith pursuant to the "safe harbor"
provisions of the Private  Securities  Litigation  Reform Act of 1995. The words
"may,"  "could,"  "should,"  "would,"   "believe,"   "anticipate,"   "estimate,"
"expect,"  "intend,"  "plan" and similar  expressions  are  intended to identify
forward-looking  statements.  These forward-looking statements may be subject to
significant  known  and  unknown  risks,   uncertainties,   and  other  factors,
including,  but not  limited to,  those  matters  referred  to in the  preceding
sentence.

     Although we believe that the expectations reflected in such forward-looking
statements are reasonable, actual results may differ materially from the results

discussed in these  forward-looking  statements.  You are cautioned not to place
undue reliance on these forward-looking  statements,  which speak only as of the
date  hereof.  United  Financial  Bancorp,  Inc.  undertakes  no  obligation  to
republish revised forward-looking  statements to reflect events or circumstances
after the date hereof or to reflect the occurrence of unanticipated events.

     This press  release is  neither an offer to sell nor a  solicitation  of an
offer to buy common stock. The offer is made only by the prospectus.  The shares
of common stock are not savings accounts or savings deposits, may lose value and
are not  insured  by the  Federal  Deposit  Insurance  Corporation  or any other
government agency.


CONTACT: Richard B. Collins, President and Chief Executive Officer
TELEPHONE: (413) 787-1700