updated 4/28/2011 9:46:19 AM ET 2011-04-28T13:46:19

ROCKVILLE, Conn., April 28, 2011 (GLOBE NEWSWIRE) -- William H. W. "Bill" Crawford, IV, officially became President & Chief Executive Officer of Rockville Financial, Inc. (Nasdaq:RCKB) and Rockville Bank at the Company's Annual Shareholders Meeting on April 26, 2011. He succeeds William J. McGurk, who served in that position for 31 years. McGurk will continue to serve as a member of Rockville Bank's Board of Directors for at least two more years.

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Rockville Bank New CEO
At 2011 Rockville Financial Inc.'s Shareholders Meeting: (left) William H. W. "Bill Crawford", IV, (right) William J. McGurk

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9592

Crawford joined Rockville Bank as its Senior Executive Vice President in January 2011 to succeed McGurk as President & Chief Executive Officer upon his retirement. He is a banking executive with a 23-year career at Wells Fargo & Company and its predecessor banks, Wachovia and SouthTrust.

"While we're changing Bills, we don't change our customer service commitment or our values," Rockville Financial President & Chief Executive Officer William H. W. "Bill" Crawford, IV told the shareholders during the meeting. "Rockville Bank is squarely positioned to reinvest in the business and create shareholder value. Our future is full of optimism and prudent growth. What makes Rockville Bank successful is its strong brand reputation of providing caring customer service and community support. With your support and commitment, I look forward to our exciting future and being part of something very special."

Rockville Bank is a 21½-branch community bank serving Tolland, Hartford and New London counties in Connecticut. It provides a convenient banking lifestyle for Colchester, Coventry, East Windsor, Ellington, Enfield, Glastonbury, Manchester, Rockville, Somers, South Glastonbury, South Windsor, Suffield, Vernon, seven days a week in Tolland, and three Big Y supermarket locations. On December 30, 2010, the Bank announced that Rockville Financial Inc. received regulatory approval to commence the second step stock reorganization from the current two-tier mutual holding company structure it adopted in 2005 to a stock holding company structure. For more information about Rockville Bank's services and products, call 860-291-3600 or visit www. rockvillebank.com.

The Rockville Bank logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8558

CONTACT: Media Contact:
         Laura Soll, Public Relations
         (860) 688-4499 Or (860) 833-4466 Cell

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