FOR IMMEDIATE RELEASE
August 24, 2005

For further information contact:
Kevin M. McCloskey
Senior Vice President and Chief Operating Officer
Synergy Financial Group, Inc.
(800) 693-3838, extension 3292

                   Synergy Financial Group, Inc. Announces the
                     Appointment of Chief Financial Officer

Cranford,  New  Jersey,  August 24, 2005 - John S.  Fiore,  President  and Chief
Executive  Officer  of  Synergy  Financial  Group,  Inc.  (NASDAQ:   SYNF)  (the
"Company"),  the holding company of Synergy Bank and Synergy Financial Services,
Inc.,  announced  today  that the  Company's  Board of  Directors  approved  the
appointment  of A.  Richard  Abrahamian  as  Senior  Vice  President  and  Chief
Financial  Officer  of  Synergy  Financial  Group,  Inc.  and  its  wholly-owned
subsidiary, Synergy Bank (the "Bank"), at its August 23, 2005 meeting.

Mr. Abrahamian joined the Bank in July, 2005 as Senior Vice President of Finance
and  Accounting.  He was  formerly  a  senior  vice  president  with  PNC  Bank,
responsible   for  evaluating   opportunities   for  expansion  and  performance
enhancement  within the bank's  retail  banking  network.  Prior to that, he was
Senior Vice President and Chief Accounting  Officer at UnitedTrust Bank and Vice
President and Controller at its parent company,  United National  Bancorp,  from
August, 1992 until their acquisition by PNC Bank in January, 2004.

Mr.  Abrahamian  earned a BS in Accounting  and a MBA in Finance from  Fairleigh
Dickinson  University and is a graduate of the University of Delaware's  Stonier
Graduate School of Banking.

Synergy  Financial  Group,  Inc.  is the holding  company  for Synergy  Bank and
Synergy  Financial  Services,  Inc. The Company is a financial  services company




that provides a  diversified  line of products and services to  individuals  and
small-  to  mid-size  businesses.  Synergy  offers  consumer  banking,  mortgage
lending,  commercial banking,  consumer finance, Internet banking, and financial
services through a network of 19 branch offices located in Middlesex,  Monmouth,
Morris, and Union counties New Jersey.

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