Exhibit 99.1


[Willow
 Financial                                     170 S. Warner Road
   Bancorp logo]                                  Wayne, Pa 19087
                                    Telephone No.: (610) 995-1785
                                          Fax No.: (610) 975-4365


Contact:
________

Donna M. Coughey, Chief Executive Officer
Joseph T. Crowley, Chief Financial Officer
Telephone:  610-995-1700


FOR IMMEDIATE RELEASE
_____________________


     WILLOW FINANCIAL BANCORP, INC ANNOUNCES QUARTERLY
                        DIVIDEND

Wayne, Pennsylvania - May 2, 2007 - Willow Financial Bancorp,
Inc. (the "Company") (Nasdaq/NMS: WFBC), the holding company for
Willow Financial Bank (the "Bank"), announced that its Board of
Directors, at its April 24, 2007 meeting, declared a $0.115 cash
dividend on each share of common stock of the Company, payable on
May 25, 2007 to shareholders of record at the close of business
on May 11, 2007.

The dividend amount was adjusted due to the Company's issuance of
a 5% stock dividend on February 23, 2007.


About Willow Financial Bancorp:
_______________________________

Willow Financial Bancorp is the holding company for Willow
Financial Bank.  Willow Financial Bank, founded in 1909, is a
full-service, community-oriented bank, offering a broad array of
deposit, loan and investment products for individuals and
businesses.  With 29 locations across Montgomery, Chester, Bucks
and Philadelphia counties, Pennsylvania, Willow Financial Bank
offers its customers and clientele banking beyond the traditional
- - convenient locations, extended hours, and the personal
attention of a local bank - with the products and services of a
regional one.

To See What WillPower is Worth, please visit us at www.wfbonline.com.


Forward Looking Statements

The information contained in this press release may contain
forward-looking statements (as defined in the Securities Exchange
Act of 1934 and the regulations thereunder) which are not
historical facts or as to Willow Financial Bancorp, Inc.
management's intentions, plans, beliefs,


                                                           -1-

expectations or opinions. Forward-looking statements may be
identified by the use of words such as "believe", "expect",
"anticipate", "intend", "plan", "estimate", "could", "may",
"likely", "probably" or "possibly". These statements include, but
are not limited to, statements regarding plans, objectives and
expectations with respect to future operations and statements
regarding future performance. Such statements are subject to
certain risks and uncertainties, many of which are difficult to
predict and generally beyond the control of Willow Financial
Bancorp and its management, that could cause actual results to
differ materially from those expressed in, or implied or
projected by, the forward-looking information and statements.
Actual results may differ materially from the anticipated results
expressed in the forward-looking statements. Factors that may
affect the Company's future operations are discussed in the
documents filed by Willow Financial Bancorp with the Securities
and Exchange Commission ("SEC") from time to time, including the
Company's Annual Report on Form 10-K for the fiscal year ended
June 30, 2006. Additional factors that may cause the results
referenced in forward-looking statements to differ from actual
results include general economic conditions and the interest rate
yield curve, changes in deposit flows, changes in credit quality
and legislative and regulatory changes, among other things.
Copies of these documents may be obtained from Willow Financial
Bancorp upon request without charge (except for the exhibits
thereto) or can be accessed at the website maintained by the SEC
at http://www.sec.gov. Willow Financial Bancorp undertakes no
obligation to update these forward-looking statements to reflect
events or circumstances that occur after the date on which such
statements were made.
























                                                          -2-