Exhibit 99.1

4390 Davisville Road, Hatboro, PA 19040 Phone (215) 682-7400 Fax (215) 682-4144

NEWS RELEASE

For Immediate Release

FOX CHASE BANCORP, INC. ANNOUNCES EARNINGS

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2011

HATBORO, PA, October 26, 2011 — Fox Chase Bancorp, Inc. (the “Company”) (NASDAQ GM: FXCB), the holding company for Fox Chase Bank (the “Bank”), today announced net income of $1.2 million, or $0.09 per share, and $3.7 million, or $0.28 per share, for the three and nine months ended September 30, 2011, respectively, compared to net income of $692,000, or $0.05 per share, and $1.9 million, or $0.13 per share, for the three and nine months ended September 30, 2010, respectively.

The Company also announced that its Board of Directors has declared a cash dividend of $0.02 per share of common stock. The dividend will be paid on or about November 28, 2011 to stockholders of record as of the close of business on November 11, 2011.

Highlights for the three and nine month periods ended September 30, 2011 included:

·                  Return on assets improved to 0.46% for the three months ended September 30, 2011, compared to 0.23% for the three months ended September 30, 2010.

·                  Net interest income increased $1.0 million, or 14.8%, to $8.1 million for the three months ended September 30, 2011, compared to $7.0 million for the three months ended

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September 30, 2010, and increased $3.3 million, or 16.5%, to $23.5 million for the nine months ended September 30, 2011, compared to $20.1 million for the nine months ended September 30, 2010. Net interest margin was 3.10% for the three months ended September 30, 2011, compared to 2.35% for the three months ended September 30, 2010.  The improvements in net interest income and margin were primarily driven by decreases in interest expense on deposits as higher rate certificates of deposit matured and other deposit products repriced in the lower rate environment throughout 2010 and the first nine months of 2011. Reduced interest costs on Federal Home Loan Bank (the “FHLB”) advances also contributed to the decrease in interest expense as $30.0 million matured during the three months ended September 30, 2011.

·                  Net interest income increased $281,000, or 3.6%, to $8.1 million compared to $7.8 million for the three months ended June 30, 2011.  Net interest margin was 3.10% for the three months ended September 30, 2011, compared to 2.95% for the three months ended June 30, 2011.  The improvements in net interest income and margin were primarily due to a decrease in the cost of funds on deposits from 1.50% to 1.40% as well as the maturity of FHLB advances.

·                  The efficiency ratio improved to 61.6% for the three months ended September 30, 2011 compared to 64.0% for the three months ended June 30, 2011 and 70.0% for the three months ended September 30, 2010.

·                  Service charges and other fee income increased $180,000, or 72.6%, and $450,000, or 59.4%, for the three and nine months ended September 30, 2011, respectively.  The increases were primarily due to an increase in cash management and commercial fees of $185,000 and $428,000 for the three and nine months ended September 30, 2011, respectively, which included unused lines and letters of credit and international banking transaction fees.

·                  The Bank recorded a $160,000 ($106,000 after tax) additional other-than-temporary credit impairment charge on its private label residential mortgage related security in the third quarter of 2011.  Total other-than-temporary credit impairment on this security is $361,000 ($238,000 after tax) for the nine months ended September 30, 2011.  The additional impairment during the three months ended September 30, 2011 was due to continued increases in default rates and reduction in payment speeds on the underlying

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residential mortgage collateral. The security had a net book value after impairment of $175,000 as of September 30, 2011.

·                  Noninterest expense increased $132,000, or 2.4%, to $5.7 million and $528,000, or 3.3%, to $16.5 million for the three and nine months ended September 30, 2011, respectively, compared to $5.6 million and $15.9 million for the three and nine months ended September 30, 2010, respectively. Salaries, benefits and other compensation increased $227,000 and $662,000 for the three and nine months ended September 30, 2011, respectively, primarily as a result of increased employee stock ownership benefits implemented  in conjunction with the Bank’s mutual-to-stock conversion in the second quarter of 2010 and higher incentive compensation accruals.  Professional fees increased $103,000 and $321,000 for the three and nine months ended September 30, 2011, respectively, primarily due to legal costs associated with the Bank’s nonperforming assets as well as other consulting costs.  The Bank recorded a provision for loss on other real estate owned of $310,000 and $410,000 for the three and nine months ended September 30, 2011, respectively.  FDIC premiums decreased $173,000 and $434,000 for the three and nine months ended September 30, 2011, respectively.  The decrease was a result of lower deposit balances and a lower assessment rate.

·                  Total assets were $1.03 billion at September 30, 2011, a decrease of $64.1 million, or 5.8%, from $1.10 billion at December 31, 2010.  Total loans were $648.1 million at September 30, 2011, an increase of $5.5 million, or 0.9%, from $642.7 million at December 31, 2010.  The Bank’s multi-family and commercial real estate portfolio increased $25.9 million and the commercial and industrial portfolio increased $26.2 million, offset by decreases in the one-to four-family real estate portfolio of $29.3 million, commercial construction portfolio of $10.3 million and consumer loan portfolio of $6.9 million.

·                  Total loans increased $9.5 million, or 1.5%, from $638.6 million at June 30, 2011 to $648.1 million at September 30, 2011.  The Bank’s multi-family and commercial real estate portfolio increased $16.7 million and its commercial and industrial portfolio increased $8.0 million, offset by decreases in the one-to four-family real estate portfolio of $10.2 million, consumer loan portfolio of $2.3 million and commercial construction portfolio of $2.5 million.

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Credit related items as of and for the three and nine months ended September 30, 2011 include:

·                  The allowance for loan losses was $12.6 million, or 1.90% of total loans, at September 30, 2011, compared to $12.4 million, or 1.91% of total loans, at June 30, 2011 and $12.4 million, or 1.90% of total loans, at December 31, 2010.

·                  The provision for loan losses was $1.0 million for the three months ended September 30, 2011, compared to $900,000 for the three months ended June 30, 2011 and $2.9 million for the three months ended September 30, 2010.

·                  Net loan charge-offs totaled $888,000 and $2.8 million for the three and nine months ended September 30, 2011, respectively, compared to $3.3 million and $4.1 million for the three and nine months ended September 30, 2010, respectively.

·                  Nonperforming assets increased $4.0 million for the three months ended September 30, 2011 and decreased $4.2 million for the nine months ended September 30, 2011 to $25.7 million, or 2.49% of total assets at September 30, 2011.  Nonperforming assets increased during the three months ended September 30, 2011 as a construction borrower continued to experience difficulty in this challenging economy. This borrower had been previously identified as a troubled debt restructuring.

·                  Delinquent loans totaled $4.5 million at September 30, 2011, compared to $2.0 million at June 30, 2011 and $5.1 million at December 31, 2010.

From July 1, 2011 to October 25, 2011, the Company repurchased 877,900, or 6.0% of its issued shares as part of its current 10% stock repurchase plan announced in April 2011 (“April 2011 Plan”).   On October 26, 2011, the Board of Directors approved an additional 5% stock repurchase plan (“October 2011 Plan”).  Repurchases related to the October 2011 Plan would begin subsequent to completion of purchases under the April 2011 Plan, subject to market conditions and other factors.

Commenting on the third quarter 2011 performance, Thomas M. Petro, President and Chief Executive Officer said, “We continue to make steady progress towards our strategy of transitioning Fox Chase Bank from a traditional thrift to a commercial bank.  Again this quarter, we made progress in our key metrics: return on assets, net interest margin and efficiency ratio. Consistent with our strategy, commercial real estate and commercial and industrial loans grew $24.7 million during the quarter, offset by reductions in residential mortgages loans and

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consumer loan portfolios.  We continue to be well positioned to exit this credit cycle with a strong balance sheet and capital to grow.”

Fox Chase Bancorp, Inc. will host a conference call to discuss its third quarter 2011 results on Thursday, October 27, 2011 at 9:00 am EDT.  The general public can access the call by dialing (877) 317-6789.  A replay of the conference call will be available through November 18, 2011 by dialing (877) 344-7529; use Conference ID: 10005309.

Fox Chase Bancorp, Inc. is the stock holding company of Fox Chase Bank. The Bank is a federally chartered savings bank originally established in 1867.  The Bank offers traditional banking services and products from its main office in Hatboro, Pennsylvania and ten branch offices in Bucks, Montgomery, Chester, Delaware and Philadelphia Counties in Pennsylvania and Atlantic and Cape May Counties in New Jersey.  For more information, please visit the Bank’s website at www.foxchasebank.com.

This news release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements can generally be identified by the fact that they do not relate strictly to historical or current facts.  They often include words like “believe,” “expect,” “anticipate,” “estimate” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could” or “may.”  Statements in this release that are not strictly historical are forward-looking and are based upon current expectations that may differ materially from actual results.  These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated by the statements made herein.  These risks and uncertainties involve general economic trends, changes in interest rates, loss of deposits and loan demand to other financial institutions, substantial changes in financial markets; changes in real estate value and the real estate market, regulatory changes, possibility of unforeseen events affecting the industry generally, the uncertainties associated with newly developed or acquired operations, the outcome of pending litigation, and market disruptions and other effects of terrorist activities.  The Company undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unforeseen events, except as required under the rules and regulations of the Securities and Exchange Commission.

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CONSOLIDATED STATEMENTS OF OPERATIONS

(Dollars in Thousands, Except Per Share Data)

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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION

(Dollars in Thousands, Except Share Data)

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SELECTED CONSOLIDATED FINANCIAL AND OTHER DATA OF THE COMPANY (UNAUDITED)

(Dollars in Thousands, Except Per Share Data)

(1) Represents stockholders’ equity ratio of Fox Chase Bancorp, Inc.

(2) Represents capital ratios of Fox Chase Bank.

(3) Includes nonaccruing loans and accruing loans past due 90 days or more.

(4) Accruing loans past due 90 days or more includes $2.1 million of consumer loans that matured during the September quarter and are currently in the process of being sold or liquidated.  Management anticipates the loans will be paid off in full.

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(5)               Annualized.

(6)               Represents noninterest expense, excluding provision for loss on other real estate owned, divided by the sum of net interest income and noninterest income, excluding gains or losses on the sale of securities, premises and equipment and other real estate owned and excluding impairment loss on real estate held for investment.

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AVERAGE BALANCE SHEET

(Dollars in Thousands, Unaudited)

(1)               Nonperforming loans are included in average balance computation.

(2)               Yields are not presented on a tax-equivalent basis.

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AVERAGE BALANCE SHEET

(Dollars in Thousands, Unaudited)

(1)                                  Nonperforming loans are included in average balance computation.

(2)                                  Yields are not presented on a tax-equivalent basis.

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AVERAGE BALANCE SHEET

(Dollars in Thousands, Unaudited)