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Press Release - Naugatuck Valley Financial Corporation
(NVSL-NasdaqGM)

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“In 2004, we reorganized Naugatuck Valley Savings and Loan, which was originally established in 1922 as a mutual savings and loan association into a stock bank with a mutual holding company structure then we formed Naugatuck Valley Financial Corporation as the mid-tier holding company. In 2006, we opened de novo branches in Southbury, Waterbury and Cheshire, Connecticut. We have grown now to $461 million in assets as of the end of 2007...” - John C. Roman (NVSL) (Interview published February22, 2008)

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Naugatuck Valley Financial Corporation Announces Cash Dividend

January 23, 2009
NAUGATUCK, Conn., Jan. 23, 2009 (GLOBE NEWSWIRE) -- The Board of Directors of Naugatuck Valley Financial Corporation (NasdaqGM:NVSL - News) yesterday declared a cash dividend for the quarter ended December 31, 2008, of $.06 per share to stockholders of record on February 4, 2009. Payment of the cash dividend will be made on or about March 3, 2009.

Subject to regulatory approval, Naugatuck Valley Mutual Holding Company, the Company's mutual holding company parent, intends to waive receipt of the dividend.

Naugatuck Valley Financial Corporation is the holding company for Naugatuck Valley Savings and Loan and is headquartered in Naugatuck, Connecticut. Naugatuck Valley Savings and Loan operates ten offices in Naugatuck, Beacon Falls, Shelton, Derby, Seymour, Waterbury, Southbury and Cheshire Connecticut.


			




    

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