Bond Street Holdings Comments on Atlantic Coast Financial Corporation Shareholder Vote Business Wire WESTON, Fla. -- June 11, 2013 Bond Street Holdings (“Bond Street”), the bank holding company for Florida Community Bank, N.A. (“FCB”), today commented on the results of Atlantic Coast Financial Corporation’s (“Atlantic Coast”) shareholder vote: Bond Street is confident that the proposed transaction to merge Atlantic Coast into Bond Street at $5.00 per share all cash to Atlantic Coast shareholders served the best interests of all parties. Bond Street is committed to a disciplined investment approach and use of its capital as it successfully grows its wholly owned subsidiary FCB as one of the leading and financially strong community banks serving communities in Florida. Bond Street respects the decision by Atlantic Coast shareholders and is now moving forward to capitalize on other opportunities both organic and external to further enhance the long term potential of FCB. About Bond Street Holdings Formed in 2009 and headquartered in South Florida, Bond Street has become the fifth largest independent bank in Florida. This transaction marks Florida Community Bank's first entry into the northeast Florida/southeast Georgia markets. About Florida Community Bank Florida Community Bank, N.A., is backed by the financial strength of its parent company, Bond Street Holdings, Inc., making it one of the strongest and best capitalized banks in the country. With over $3.5 billion in assets and 41 locations, FCB is the 5th largest independent bank in Florida. To learn more, log onto www.floridacommunitybank.com. Contact: Media: Kekst and Company Ross Lovern, 212-521-4876 Rossemail@example.com
Bond Street Holdings Comments on Atlantic Coast Financial Corporation Shareholder Vote
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