Prudential Bancorp, Inc. of Pennsylvania Announces Appointment of New Director

PHILADELPHIA, June 10, 2009 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. of
Pennsylvania (the "Company") (Nasdaq:PBIP), the "mid-tier" holding company for
Prudential Savings Bank (the "Bank"), today announced the appointment of John C.
Hosier as a director of the Company and its wholly owned subsidiary, Prudential
Savings Bank (the "Bank") effective July 1, 2009. Mr. Hosier was also appointed
to the Board of Directors of the Company's mutual holding company parent,
Prudential Mutual Holding Company (the "MHC").

Mr. Hosier currently is a Commercial Lines Account executive with Montgomery
Insurance Services, Inc. Media, Pennsylvania, and its affiliate, Allman and
Company, Inc., Fort Washington, Pennsylvania, two full-service insurance
agencies. Mr. Hosier brings more than 20 years of knowledge of the commercial
insurance industry to the Boards of Directors.

Chairman of the Board Joseph W. Packer, Jr. stated, "We are extremely pleased
that John has accepted our invitation to serve on our Boards of Directors. His
extensive knowledge of both the commercial insurance market and our market area
will be of great benefit to the Company and the Bank as the Bank continues to
implement its business plan. We look forward to having the benefit of the
experience that John will bring to our Boards."

Prudential Bancorp, Inc. of Pennsylvania is the "mid-tier" holding company for
Prudential Savings Bank. Prudential Savings Bank is a Pennsylvania-chartered,
FDIC-insured savings bank that was originally organized in 1886. The Bank
conducts business from its headquarters and main office in Philadelphia,
Pennsylvania as well as six additional full-service branch offices, five of
which are in Philadelphia and one of which is in Drexel Hill in Delaware County,
Pennsylvania.

The Prudential Bancorp, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5265

This news release contains certain forward-looking statements, including
statements about the financial condition, results of operations and earnings
outlook for Prudential Bancorp, Inc. of Pennsylvania. Forward-looking statements
can be identified by the fact that they do not relate strictly to historical or
current facts. They often include words such as "believe," "expect,"
"anticipate," "estimate" and "intend" or future or conditional verbs such as
"will," "would," "should," "could" or "may." Forward-looking statements, by
their nature, are subject to risks and uncertainties. A number of factors, many
of which are beyond the Company's control, could cause actual conditions, events
or results to differ significantly from those described in the forward-looking
statements. The Company's reports filed from time-to-time with the Securities
and Exchange Commission, describe some of these factors, including general
economic conditions, changes in interest rates, deposit flows, the cost of
funds, changes in credit quality and interest rate risks associated with the
Company's business and operations. Other factors described include changes in
our loan portfolio, changes in competition, fiscal and monetary policies and
legislation and regulatory changes. Investors are encouraged to review the
Company's periodic reports filed with the Securities and Exchange Commission for
financial and business information regarding the Company at
www.prudentialsavingsbank.com under the Investor Relations menu. We undertake no
obligation to update any forward-looking statements.

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CONTACT: Prudential Bancorp, Inc. of Pennsylvania
Thomas A. Vento, President
Joseph R. Corrato, Executive Vice President
(215) 755-1500