ADVISORY, Aug. 8, 2007 (PRIME NEWSWIRE) --
What: John Ritacco, Chief Executive Officer of CMS Bancorp, Inc. (CMSB), will preside over the closing bell. Where: NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio When: Thursday, August 9, 2007 at 4 p.m. ET Contacts: Stephen E. Dowd SVP & CFO Community Mutual Savings Bank 914.422.2700; sdowd@cmsbk.com NASDAQ MarketSite: Jolene Libretto; 646.441.5220; 347.219.9539 Jolene.Libretto@NASDAQ.com
Feed Information:
The closing bell is available from 3:50 p.m. to 4:05 p.m. on uplink IA-6 C-band/transponder 17. The downlink frequency is 4040 Vertical; Audio 6.2-6.8. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Jolene Libretto at (646) 441-5220.
Radio Feed:
An audio transmission of the closing bell is also available from 3:50 p.m. to 4:05 p.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can be found on Waterfront fiber 1623 as well.
Webcast:
A live Webcast of the NASDAQ Closing Bell will be available at: http://www.nasdaq.com/reference/marketsite_about.stm
Photos:
To obtain a hi-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close of your choice.
About CMS Bancorp, Inc. (CMSB):
Community Mutual Savings Bank was originally chartered in 1887 as Community Savings and Loan, a New York State-chartered savings and loan association. In 1980, it converted to a New York State-chartered savings bank and changed its name to Community Mutual Savings Bank of Southern New York. In 1983, Community Mutual Savings Bank of Southern New York changed its name to Community Mutual Savings Bank.
On April 4, 2007 the Bank reorganized and converted from a New York State-chartered mutual savings bank to a federally-chartered stock savings bank, with the concurrent formation of a stock holding company which conducted a subscription offering with depositors of the Bank receiving first priority in the offering. After the conversion and offering, all of the Bank's stock is owned by CMS Bancorp. In connection with the conversion and offering, CMS Bancorp issued 2,055,165 shares of common stock, consisting of 164,413 shares to the Employee Stock Ownership Plan, 71,415 shares to The Community Mutual Charitable Foundation (the "Foundation") and 1,819,337 shares to the public. The net proceeds from the sale of shares amounted to $16,197,196. The management and business operations of the Bank continued unchanged after the conversion and offering.
The Bank is a community and customer oriented retail savings bank offering residential mortgage loans and traditional deposit products and, to a lesser extent, commercial real estate, small business and consumer loans in Westchester County, New York, and surrounding areas.