EXHIBIT 99.4










Little Falls Bancorp, Inc.                            Contact: Richard A. Capone
86 Main Street                                                      973-256-6100
Little Falls, New Jersey 07424
                                                           Date: August 14, 1998



FOR IMMEDIATE RELEASE
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Little Falls,  New Jersey -- Little Falls  Bancorp,  Inc. (the  "Company"),  the
parent  holding  company of Little  Falls Bank,  Little  Falls,  New Jersey (the
"Bank"), announced a telephone conference call will be held on Monday August 17,
1998 at 1:00 PM Eastern  Standard  Time. At that time,  the management of Little
Falls  Bancorp,  Inc.  will hold a question and answer  session with  interested
shareholders , regarding the announced  merger with Skylands  Community Bank. To
be  connected  with  the  conference  call  dial  1-800-230-1766  and  ask to be
connected to the Little Falls Bancorp, Inc. conference call.

In addition,  an investor  presentation  packet will be available Monday morning
via fax by calling Little Falls Bank at 973-256-6100 extension 604.

The Company will file a Current  Report on Form 8-K regarding the merger as soon
as practicable.