SE Financial Corp. Announces Cash Dividend

PHILADELPHIA--(Business Wire)--
SE Financial Corp. (SEFL) announced today that its Board has declared a cash
dividend of $.03 per share payable on or about June 16, 2009 to stockholders of
record as of June 2, 2009.

The cash dividend is being paid to provide a return to stockholders after
considering the equity and profitability of the Company and the Bank. It is the
current intention of the Board of Directors to continue to pay such a dividend
quarterly. However, the payment of future dividends will be subject to the
Board`s periodic review of the financial condition, earnings and capital
requirements of the Company and the Bank.

SE Financial Corp. is the holding company for St. Edmond`s Federal Savings Bank,
a federally chartered stock savings institution with six Neighborhood Banking
Offices serving South Philadelphia, Roxborough, Ardmore and Drexel Hill,
Pennsylvania and Deptford and Washington Township in New Jersey. SE Financial
Corp.`s common stock trades in the over-the-counter market under the symbol
"SEFL."

Statements contained in this news release, which are not historical facts,
contain forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Such forward-looking statements are
subject to risk and uncertainties, which could cause actual results to differ
materially from those currently anticipated.

SE Financial Corp.
Pamela M. Cyr
President and CEO
(215) 468-1700

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