John T. Lamb Appointed Executive Vice President and Chief Lending Officer of Bank of Evansville

John T. Lamb Appointed Executive Vice President
and Chief Lending Officer of Bank of Evansville

Evansville, Indiana, February 1, 2005 - Bank of Evansville, a wholly-owned subsidiary of American Community Bancorp, Inc. (OTCBB: ACBP), announced today John T. Lamb has been named Executive Vice President and Chief Lending Officer of the Bank. His responsibilities will include directing and managing all corporate banking services as well as all lending functions.

Michael S. Sutton, President and Chief Executive Officer, commented, "We are pleased to have someone of John's talent as a part of our company. His experience and background in this market have properly prepared John to assume his new role."

Lamb stated, "I am excited about the opportunity the new responsibilities hold, and I look forward to the Bank's continuing success in serving the Evansville market. A talented team of experienced banking professionals has been assembled which is proven by the Bank's growth and performance since its inception in 2001."

Lamb joined Bank of Evansville early in 2004 as Senior Vice President of Commercial Banking. He has more than twenty-one years of banking and financial services experience and was previously employed at Old National Bank. He earned his Bachelor of Science degree in finance at Murray State University, an MBA from the University of Evansville, and is a graduate of the Stonier Graduate School of Banking.

In addition to his professional experience, Lamb has been very active in community service organizations. Presently, he serves on the Board of Directors and is Chairman of the Downtown Board of Managers of the YMCA, the Treasurer and Board of Directors of WNIN, and is active in fundraising for the American Cancer Society.

Bank of Evansville is a full service, state-chartered bank that opened on July 2, 2001, to provide community banking for businesses and consumers in the Evansville area.

This news release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Act of 1995. Such statements are based on management's current expectations and are subject to a number of risk factors and uncertainties which could cause actual results to differ materially from those described in the forward-looking statements. A partial list of these risk factors and uncertainties is contained in the Bank's Registration Statement on Form SB2 and the Bank's Annual Report on Form 10K-SB for the year ended December 31, 2003, which are on file with the Office of the Comptroller of the Currency.

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