Tuesday, December 31, 2002

NEW YORK-- The Federal Reserve Bank of New York today approved the application by Bridge Street Financial, Inc., Oswego, New York, to become a bank holding company with respect to Oswego County National Bank, Oswego, New York.

According to standard procedure, the proposal cannot be completed for 15 days.

The Reserve Bank acted under authority delegated by the Board of Governors of the Federal Reserve System.