FOR IMMEDIATE RELEASE: WEDNESDAY, NOVEMBER 29, 1995

NEW YORK -- The Federal Reserve Bank of New York Wednesday approved the application by Great Falls Bancorp, Totowa, N.J., to acquire all the outstanding shares of Bergen Commercial Bank, Paramus, N.J.

According to standard procedure, the proposal cannot be completed for 15 days.

The Reserve Bank acted under authority delegated by the Board of Governors of the Federal Reserve System.