2008-08-11 19:13:03 -

www.allegbank.com - Allegiance Bank of North America (OTCBB:ABPA) furthers growth of its executive staff through the appointment of Dennis P. Ryan, senior vice president of branch business development and management.

Mr. Ryan is charged with driving performance of the Bank's branch network. Prior to joining Allegiance Bank, Dennis was employed as senior vice president of marketing and administration at

Keystone Nazareth Bank and Trust. Mr. Ryan previously served positions at Premier Bank, Vista Bank, and JPMorgan Chase.

"Dennis brings to Allegiance Bank his unique experience with targeted marketing and customer acquisition campaigns, both large and small," remarked Gregg J. Wagner, president and CEO of Allegiance Bank. "With Mr. Ryan's contributions, we look forward to strengthening our presence in the market and forging new customer relationships."

Allegiance Bank is a Pennsylvania state-chartered full-service commercial bank formed in 1999 and headquartered in Bala Cynwyd, Pennsylvania. Allegiance Bank offers a package of services beyond traditional bank offerings, such as Allegiance University: free educational business classes for customers and community members. The Bank provides additional non-bank services, including financial planning, life and health insurance and retirement programs. The common stock of Allegiance Bank is traded on the OTC Bulletin Board under the symbol ABPA.

Allegiance Bank has five branches located in Bala Cynwyd, Berwyn, Bridgeport/King of Prussia, Old City Philadelphia, and Worcester.

For more information, contact: Allegiance Bank, One Belmont Avenue, Suite 105, Bala Cynwyd, PA 19004, (610) 949-9500, www.allegbank.com

Allegiance Bank of North America
by
Square 2 Marketing
Angela Halpin, 215-230-3373 x109
ahalpin@square2marketing.com