Effective October 23, 2009, Richard W. Stafford, age 43, was appointed to the position of Senior Vice President and Chief Operating Officer of Citizens First Bancorp Inc. Mr. Stafford most recently served as the Senior Vice President of Retail Banking and Operations Services for the Bank, maintaining responsibility for the Bank�s retail banking and various operational services areas.

On October 9, 2009, Citizens First Bancorp, Inc. received written notice from The NASDAQ Stock Market notifying the Company that it is currently not in compliance with NASDAQ�s continued listing requirement under Marketplace Rule 5450(a)(1) (the Bid Price Rule) because the bid price for its common stock has closed below $1 per share for 30 consecutive business days. In accordance with Marketplace Rule 5810(c)(3)(A), the Company has until April 7, 2010 to regain compliance with the Bid Price Rule or be subject to delisting from the NASDAQ Global Select Market. If, prior to April 7, 2010, the bid price of the Company�s common stock closes at $1 per share or higher for at least 10 consecutive business days, the Company may regain compliance with the Bid Price Rule and not be subject to delisting at that time. If compliance with the Bid Price Rule cannot be established prior to April 7, 2010, the Company�s common stock will be subject to delisting from the NASDAQ Global Select Market. The Company may, however, be eligible for an additional grace period if it satisfies the initial listing standards (with the exception of the Bid Price Rule) for listing on The NASDAQ Capital Market, and it submits a timely application to NASDAQ to transfer the listing of its common stock to the NASDAQ Capital Market. The Company will continue to evaluate its options with respect to maintaining the listing of its common stock on the NASDAQ stock market.

Citizens First Bancorp Inc. announced that effective October 2, 2009, Douglas E. Brandewie resigned as the President of Mortgage Banking of the Company. The Board of Directors has made a preliminary appointment, the effective date of which is subject to FDIC approval, of Richard W. Stafford, age 43, to the position of Senior Vice President and Chief Operating Officer of the Company. Mr. Stafford most recently served as the Senior Vice President of Retail Banking and Operations Services for the Bank, maintaining responsibility for the Bank�s retail banking and various operational services areas. Mr. Stafford has 21 years of banking experience and has been associated with the Company for four years through his affiliation with Metrobank, formerly a wholly-owned subsidiary of the Company.