Brooklyn Federal Bancorp, Inc. Announces Operating Results for the Second Quarter of Fiscal 2008, Announces a Quarterly Cash Dividend of $0.07 Per Share and Opening of Brooklyn Federal Savings Bank Fifth Branch (PR Newswire)

Brooklyn Federal Bancorp, Inc. , the parent company of Brooklyn Federal Savings Bank , today reported net income of $1.5 million for the quarter ended March 31, 2008 compared to a net loss of $317,000 for the same period in 2007.