Chicopee Bancorp, Inc. Announces Repurchase Plan of 0.3M Shares

Chicopee Bancorp, Inc. CBNK announced today that its Board of Directors has approved its fifth stock repurchase program. Under the Repurchase Program, the Company intends to repurchase up to 303,004 shares, or approximately 5%, of the Company's outstanding shares of common stock. The Company will commence its fifth stock repurchase program immediately upon the completion of its fourth repurchase program, announced on February 26, 2010 which has 21,345 shares remaining.