Third Federal Opens First of Four Branches in Broward

Plantation Branch is First; Three Additional Branches Planned


CLEVELAND, Oct. 6, 2008 (GLOBE NEWSWIRE) -- Third Federal announces the opening of the first of four new branches in Broward County. The full-service Plantation branch is the 15th opened by the bank since coming into the State of Florida in 2000.

"We are excited to expand our presence in Florida," said Third Federal Chairman and CEO Marc Stefanski. "Because of our exceptional strength and stability, we are uniquely positioned to provide the communities we serve with a safe haven for their savings, and fixed rate mortgages with a guaranteed lowest rate." Stefanski added, "Third Federal continually earns the highest ratings for safety and soundness from Bauer Financial and Bank Rate, two highly-respected third party bank rating services." (Third Federal; has a Tier-1 risk-based capital ratio of nearly 19.3 percent.)

The Plantation location, 8500 West Broward Blvd., is Third Federal's first Broward County branch. Additional branches in Coral Springs, Hallandale, and Pembroke Pines, which will open in early 2009, will serve the more than three million people along the Southeast Coast of the state.

Customers who come to the Plantation branch starting today (Monday, Oct. 6), can take advantage of special CD rates, donut days and gifts, as well as the chance for one customer to win a special $1938 CD, in honor of Third Federal's founding 70 years ago. For more information, call the Plantation branch at (954) 472-6039.

Third Federal Savings and Loan Association, named for five years to the Fortune list of "100 Best Companies to Work for," is a leading provider of savings and mortgage products. Founded in Cleveland in 1938 as a mutual association by Ben and Gerome Stefanski, Third Federal became a public company with a minority stock offering in April, 2007. The Association is dedicated to serving consumers with competitive rates and outstanding customer service. Third Federal, an equal housing lender, serves customers from 23 full service branches in Northeast Ohio, eight lending offices in Central and Southern Ohio, and 15 full service branches throughout Florida. As of June 30, 2008, Third Federal had total assets of more than $10 billion.

The TFS Financial Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3622



            

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