EXHIBIT 21



                                   EXHIBIT 21

                         SUBSIDIARIES OF THE REGISTRANT



                                                             OWNED BY              STATE OF
           NAME                        PARENT                 PARENT             INCORPORATION
           ----                        ------                 ------             -------------

                                                                                   
Central Jersey Savings       Central Jersey Financial              100%           New Jersey
Bank, SLA                    Corporation


The Old Reliable             Central Jersey Savings                100%           New Jersey
Corporation                  Bank, SLA