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Exhibit 99
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MAIN STREET BANCORP, INC.
601 Penn Street
Reading, PA 19603
FOR IMMEDIATE RELEASE CONTACT: Andrew J. Rothermel
August 8, 2000 Executive Vice President and
General Counsel
(610) 685-1400
MAIN STREET BANCORP, INC.
ANNOUNCES THE APPOINTMENT OF
PRESIDENT AND CHIEF EXECUTIVE OFFICER
Reading, PA, August 8, 2000--The Boards of Directors of Main Street
Bancorp, Inc. (NASDAQ, NMS: MBNK), and its wholly-owned subsidiary, Main Street
Bank have announced the appointment of Brian M. Hartline as President and Chief
Executive Officer of the Company and the Bank.
Mr. Hartline of Collegeville, PA previously served as a Director and Chief
Financial Officer of USABancshares.com, Inc., Philadelphia, PA and Chief
Operating Officer of its banking subsidiary vBank. Prior to his involvement
with USABancShares, he served as Chief Financial Officer of ML Bancorp, Inc. and
Main Line Bank, Villanova, PA and as a certified public accountant with
PriceWaterhouseCoopers, LLP. Mr. Hartline holds a B.S. in Business
Administration from Millersville University, Millersville, PA and is a graduate
of The Graduate School of Community Banking.
Alfred B. Mast, Chairman of the Executive Committee of the Board
responsible for the executive search stated "Brian has the varied experience and
vision to transform Main Street into a high performing financial services
company. Brian's strong ties in Berks County, PA and throughout our primary
markets along with his varied banking experience will be a tremendous asset to
the Company."
Main Street Bancorp, Inc. with assets of $1.6 Billion, is a Pennsylvania
corporation, headquartered in Reading, PA and is a registered bank holding
company that operates Main Street Bank, a State Chartered, Federal Reserve
Member, FDIC insured bank.
