Atlantic Coast Financial Corporation Re-Elects Palmer, Sidhu and Stephens

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 2014 annual meeting of stockholders. In formal business conducted at the meeting, stockholders re-elected three directors to three-year terms that expire with the 2017 annual meeting: W. Eric Palmer, Operations Administrator for the Affiliated Practice Network of the Mayo Clinic in Jacksonville; Jay S. Sidhu, Chairman and Chief Executive Officer of both Customers Bancorp, Inc. and Customers Bank, both headquartered in Wyomissing, Pennsylvania; and John K. Stephens, who has served as President and Chief Executive Officer of the Company and the Bank since October 2013.