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OceanFirst Bank Announces New Officers Appointed To The Commercial Lending Team: George Destafney And Sean Kauffman

TOMS RIVER, N.J., May 23, 2013 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (Nasdaq:OCFC) is the holding company for OceanFirst Bank. OceanFirst Bank announced the addition of two experienced lenders to the Commercial Lending team: George Destafney and Sean D. Kauffman.

Christopher D. Maher, OceanFirst Bank President and Chief Operating Officer said, "We are pleased to welcome two seasoned commercial lenders to the OceanFirst team. George Destafney will lead the commercial lending team located in our new Red Bank Financial Solutions Center. Sean Kauffman has been a respected banker in the Jersey Shore region for 26 years and we are proud that he has decided to return to OceanFirst." Mr. Maher continued, "Commercial lending is at the forefront of our growth strategy and I am confident both George and Sean will be significant contributors to this effort."

Mr. Destafney will join OceanFirst Bank on May 28 as a Senior Vice President and Senior Relationship Manager. He will lead the commercial lending team located at the Red Bank Financial Solutions Center, serving businesses in Monmouth County and the surrounding area. Mr. Destafney has more than more than 18 years of banking experience with TD Bank, formerly Commerce Bank. Most recently he was a Senior Relationship Manager in Monmouth County. 

Mr. Kauffman joins OceanFirst Bank today as a Vice President and Senior Relationship Manager in Commercial Lending and will be located in the Bank's Toms River headquarters. Mr. Kauffman will work with businesses throughout the Jersey Shore region to provide customized financing and banking solutions. Mr. Kauffman was a commercial lender at TD Bank, formerly Commerce Bank, in Toms River since 1999. Prior to his position at TD Bank, Mr. Kauffman was a Vice President in Commercial Lending at OceanFirst Bank. 

OceanFirst Financial Corp.'s subsidiary, OceanFirst Bank, founded in 1902, is a federally-chartered savings bank with $2.3 billion in assets and twenty-five branches located in Ocean, Monmouth and Middlesex Counties, New Jersey. The Bank is the largest and oldest community-based financial institution headquartered in Ocean County, New Jersey.

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