Atlantic Coast Financial Corporation Re-Elects Directors W. Eric Palmer, Jay S. Sidhu and John K. Stephens, Jr.

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Atlantic Coast Financial Corporation (the Company), (NASDAQ: ACFC), the holding company for Atlantic Coast Bank (the Bank), today reported on its 2017 annual meeting of stockholders. In formal business conducted at the meeting, stockholders re-elected three directors to three-year terms that expire with the 2020 annual meeting: W. Eric Palmer, Operations Administrator for the Provider Relations Departments of the Mayo Clinic in Jacksonville; Jay S. Sidhu, Vice Chairman of the Board for the Company and the Bank and Chairman and Chief Executive Officer of both Customers Bancorp, Inc. and Customers Bank, headquartered in Wyommissing, Pennsylvania; and John K. Stephens, Jr., President and Chief Executive Officer of the Company and Atlantic Coast Bank.