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5/13/2010

Cape Bank Hires Chief Lending Officer

Cape May Court House, NJ - Michael D. Devlin, President and CEO of Cape Bank, is pleased to announce the appointment of Michele Pollack as Executive Vice President, Chief Lending Officer of Cape Bank and Cape Bancorp, Inc. (NASDAQ: CBNJ). Prior to joining Cape Bank, Ms. Pollack worked as Managing Director and Chief Lending Officer for Susquehanna Bank located in Southern New Jersey. Ms. Pollack will report directly to Mr. Devlin.

Mr. Devlin stated “Michele brings 29 years of banking experience, 18 of those years in lending, where she has managed loan portfolios in excess of $1.3 billion.” Michele's banking career also includes experience with First Fidelity, Mellon and Commerce.” Cape Bank has 18 offices throughout Southern New Jersey and total assets of $1.1 billion.

Ms. Pollack's community affiliation includes a two year departure from banking to work at Goodwill Industries. She is the Chair of the Board of Trustees for Community Treatment Solutions in Moorestown, NJ and a committee member of Breastcancer.org in Philadelphia, PA. Michael Devlin added, "We are pleased that Michele has joined the bank. Michelle's strong banking background and strategic planning skills will make her an integral part of our executive management team." For more information on Cape Bank please visit www.capebanknj.com.

“Kaplan & Associates did an outstanding job in both positioning my experience and in aligning my personal goals with the right opportunity. In the final outcome, K&A found a position that was finely tuned to my personal and professional objectives.”

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