American Bancorp of New Jersey, Inc. Announces Quarterly Cash Dividend

  
    
  
  
    
      American Bancorp of New Jersey, Inc. (NASDAQ: ABNJ) (the Company), 
      holding company of American Bank of New Jersey (the Bank), announced 
      today that its Board of Directors has declared a quarterly cash dividend 
      of $0.05 per share to stockholders of record as of December 10, 2008 
      payable on or about December 24, 2008.
    
    
      The payment of future dividends will be subject to the Board's periodic 
      review of the financial condition, earnings, and capital requirements of 
      the Company and the Bank.
    
    
      As of September 30, 2008, the Company had consolidated total assets of 
      $621.6 million and stockholders' equity of $90.8 million. The Bank is a 
      federally chartered stock savings bank which conducts business from its 
      administrative headquarters in Bloomfield, New Jersey and its branch 
      offices in Bloomfield, Cedar Grove, Verona, Nutley and Clifton, New 
      Jersey.
    
    
      The foregoing material contains forward-looking statements concerning 
      our financial condition, results of operations and business. We 
      caution that such statements are subject to a number of uncertainties 
      and actual results could differ materially, and, therefore, readers 
      should not place undue reliance on any forward-looking statements. We 
      do not undertake, and 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 anticipated or 
      unanticipated events or circumstances after the date of such statements.