Bank of Evansville


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November 26, 2004
For Immediate Release

For: American Community Bancorp, Inc. Contact: Thomas L. Austerman
Stephen C. Byelick, Jr.
Michael S. Sutton

    Phone: (812) 962-2265

American Community Bancorp, Inc., the Bank Holding Company of Bank of Evansville, Announces Assets and Revenues Continue to Grow at a Rapid Pace

Evansville, Indiana, November 26, 2004 - American Community Bancorp, Inc., the holding company of Bank of Evansville, (OTCBB: ACBP) presented today a listing of the directors of American Community Bancorp, Inc. These directors are also members of the Board of Directors of American Community Bancorp, Inc.'s subsidiary, Bank of Evansville.

Daniel B. Aiken
Thomas L. Austerman
Danny J. Bateman
Marc D. Fine
Paul S. Mayer
Barney R. Maynard
Gene F. Pfeiffer
Guy N. Ramsey
William F. Richardson, IV
Ronald D. Romain
Peter A. Sabella
Mark A. Schroeder
Jack A. Strassweg
Michael S. Sutton
Terry W. Talley
Albert J. Umbach, Jr.

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 Evansville and Southwestern Indiana. The Bank, whose stock formerly traded under the OTCBB symbol BEVN, became a wholly-owned subsidiary of American Community Bancorp, Inc. as of September 14, 2004, and now trades under the OTCBB symbol ACBP.

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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