Chester Valley Bancorp Inc. Declares Quarterly Cash Dividend

Chester Valley Bancorp Inc. Declares Quarterly Cash Dividend



DOWNINGTOWN, Pa., Feb. 28  /PRNewswire-FirstCall/ -- Chester Valley Bancorp
Inc. (NASDAQ:CVAL) announced the declaration of a $.105 quarterly cash
dividend. The dividend will be paid on March 31, 2005 to shareholders of record
as of the close of business on March 14, 2005. The cash dividend is based on
earnings of $1.6 million or $.30 per diluted share for the quarter ended
December 31, 2004.  At December 31, 2004, the Company had assets of $669.1
million and stockholders' equity of $55.0 million. It is the Company's
continued intention that any future cash dividends will be paid on or around
the last day of a calendar quarter.

Chester Valley Bancorp Inc. is the parent company of both First Financial Bank
and Philadelphia Corporation for Investment Services.  First Financial Bank's
executive offices are located in Downingtown, Pennsylvania with additional
branch locations in Exton, Frazer, Thorndale, Westtown, Airport Village,
Brandywine Square, Devon, Kennett Square, Eagle, Coatesville, Avondale and West
Chester.  Philadelphia Corporation has offices in Wayne and Philadelphia.

Chester Valley Bancorp stock is traded on the NASDAQ market under the symbol
"CVAL". 

DATASOURCE: Chester Valley Bancorp Inc.



CONTACT:  Joseph T. Crowley, Chief Financial Officer of Chester Valley

Bancorp, [phone]



Web site:  http://www.ffbonline.com/

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