David S. Yanagisawa Joins Lakeland Bancorp, Inc. and Lakeland Bank as Executive Vice President and Chief Lending Officer

Oak Ridge, NJ – December 2, 2008 – Thomas J. Shara, President and CEO of Lakeland Bancorp, Inc. (NASDAQ: LBAI ) has announced the appointment of David S. Yanagisawa to Executive Vice President and Chief Lending Officer of Lakeland Bancorp and Lakeland Bank.

Mr. Yanagisawa has over 38 years experience in all areas of commercial banking, most recently as Senior Loan Officer with TD Bank in the northern NJ market. Before TD Bank’s acquisition of Hudson United Bank in 2006, Yanagisawa had been with Hudson United Bank for 9 years, prior to which he was, through successive mergers, with Citizens First National Bank of NJ, NatWest Bank and Fleet National Bank. Mr. Yanagisawa is also a member of Garden State Credit Associates and Risk Management Associates and is a board member of the Volunteer Center of Bergen County.

Mr. Yanagisawa holds a M.B.A. and Bachelor’s degree from Fairleigh Dickenson University and advanced banking degrees from The Stonier Graduate School of Banking and The Graduate Commercial Lending School. He currently resides in Dumont, NJ with his wife Linda, daughter Tara and grandson Jackson.

Lakeland Bancorp, the holding company for Lakeland Bank, has a current asset base of approximately $2.6 billion and forty-eight (48) offices spanning six northwestern New Jersey counties: Bergen, Essex, Morris, Passaic, Sussex and Warren. Lakeland Bank, headquartered at 250 Oak Ridge Road, Oak Ridge, offers an extensive array of consumer and commercial products and services, including online banking, localized commercial lending teams, equipment leasing, and 24-hour or less turnaround time on consumer loan applications. For more information about their full line of products and services, visit their website at www.lakelandbank.com .

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