Synergy Financial Group, Inc.
310 North Avenue East
P.O. Box 130
Cranford, NJ 07016-0130
(908) 272-3838
(800) 693-3838



FOR IMMEDIATE RELEASE
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December 30, 2002
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For further information contact:
John S. Fiore
President and Chief Executive Officer
Kevin A. Wenthen
Senior Vice President
(800) 693-3838, extension 3292


                     SYNERGY BANK ANNOUNCES DELAY IN CLOSING
                   OF MERGER WITH FIRST BANK OF CENTRAL JERSEY


CRANFORD,  NJ,  December  30,  2002 -- Synergy  Financial  Group,  Inc.  and its
wholly-owned  subsidiary,   Synergy  Bank,  Cranford,  New  Jersey,   previously
announced on December 19, 2002, that its Agreement and Plan of Merger to acquire
First Bank of Central  Jersey,  North  Brunswick,  New Jersey ("First Bank") had
been  approved by the  stockholders  of First Bank and  Regulators  and that the
closing of the merger was expected to occur on December 31, 2002.

Synergy  received  notice on December  27, 2002 that an Order had been issued by
the Superior Court of New Jersey, Chancery Division, Middlesex County, to enjoin
the closing of the merger pending a hearing on January 6, 2003, as a result of a
complaint filed by John E. Pellizzari and Augusto  Verissimo.  Synergy  believes
that the  complaint is without  merit and expects the merger to close in January
2003.

This  document  may contain  forward-looking  statements.  We caution  that such
statements  may be subject to  uncertainties  and actual  results  could  differ
materially  and,  therefore,  investors  should not place undue  reliance on any
forward-looking  statements.  Synergy and First Bank  specifically  disclaim any
obligation to publicly  release the results of any revisions that may be made to
any  forward-looking  statements  to  reflect  the  occurrence  of any events or
circumstances after the date of such statements.


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