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Awards | Community Events | History | President's Message | Press Release | Locations and Hours
July 16, 2003
FOR IMMEDIATE RELEASE
Contact: James H. Greiner, President and Chief Executive Officer
(219) 942-1175
HFS BANK INCREASES DIVIDEND
The Board of Directors of HFS Bank today announced an increase in the quarterly cash dividend from nine and one half cents ($.095) to ten cents ($.10) per share. This dividend will be paid August 20, 2003 to shareholders of record on July 31, 2003.
At June 30, 2003, the book value per share increased to $10.36. The last bid price of HFS stock was $13.25 per share.
The Northwest Indiana savings bank has assets of $230 million and has been serving customers since 1934. The bank maintains offices in Hobart, Portage, Griffith and Crown Point.
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