Harleysville National Corporation Declares Dividend
August 14 2008 - 1:56PM
PR Newswire (US)
HARLEYSVILLE, Pa., Aug. 14 /PRNewswire-FirstCall/ -- The Board of
Directors of Harleysville National Corporation (NASDAQ:HNBC)
declared a regular cash dividend of $.20 per share on 31,381,325
shares of outstanding common stock. The dividend is payable
September 15, 2008, to shareholders of record on August 29, 2008.
"We are pleased to provide this cash dividend to reward our loyal
shareholders," said Paul D. Geraghty, President and CEO.
Harleysville National Corporation, with assets of $3.9 billion, is
the holding company for Harleysville National Bank (HNB) and its
division, East Penn Bank. Investment Management and Trust Services
are provided through Millennium Wealth Management and Cornerstone,
divisions of HNB, with assets under management of $2.8 billion.
Harleysville National Corporation stock is traded under the symbol
"HNBC" and is commonly quoted on the NASDAQ Global Select
Market(R). For more information, visit the Harleysville National
Corporation website at http://www.hncbank.com/. The following
disclosure is made in accordance with Rule 165 of the Securities
and Exchange Commission. Harleysville National Corporation and
Willow Financial Bancorp, Inc. have or will be filing documents
concerning the merger with the Securities and Exchange Commission,
including a registration statement on Form S-4 (Registration No.
333-152007) containing a joint proxy statement/prospectus, which
has been distributed to shareholders of Harleysville National
Corporation and Willow Financial Bancorp, Inc. Investors are urged
to read the registration statement and the joint proxy
statement/prospectus regarding the proposed transaction and any
other relevant documents filed with the SEC, as well as any
amendments or supplements to those documents, because they will
contain important information. Investors can obtain a free copy of
the joint proxy statement/prospectus, as well as other filings
containing information about Harleysville National Corporation and
Willow Financial Bancorp, Inc., free of charge on the SEC's
Internet site (http://www.sec.gov/), by contacting Harleysville
National Corporation, 483 Main Street, Harleysville, PA 19438,
(Telephone No. 215-256-8851), or by contacting Willow Financial
Bancorp, Inc. at 170 South Warner Road, Wayne, PA 19087, (Telephone
No. 610-995-1700). Directors and executive officers of Harleysville
National Corporation and Willow Financial Bancorp, Inc. may be
deemed to be participants in the solicitation of proxies from the
shareholders of Harleysville National Corporation and Willow
Financial Bancorp, Inc, respectively, in connection with the
merger. Information about the directors and executive officers of
Willow Financial Bancorp, Inc. and their ownership of Willow
Financial Bancorp, Inc. common stock is set forth in Willow
Financial Bancorp, Inc.'s proxy statement for its 2007 annual
meeting of shareholders and can be obtained from Willow Financial
Bancorp, Inc. Information about the directors and executive
officers of Harleysville National Corporation and their ownership
of Harleysville National Corporation common stock is set forth in
Harleysville National Corporation's proxy statement for its 2008
annual meeting of shareholders and can be obtained from
Harleysville National Corporation. Additional information regarding
the interests of those participants may be obtained by reading the
prospectus/proxy statement regarding the proposed merger
transaction. INVESTORS SHOULD READ THE JOINT PROXY
STATEMENT/PROSPECTUS AND OTHER DOCUMENTS TO BE FILED WITH THE SEC
CAREFULLY BEFORE MAKING A DECISION CONCERNING THE MERGER. This
press release may contain forward-looking statements as defined in
the Private Securities Litigation Reform Act of 1995. Actual
results and trends could differ materially from those set forth in
such statements due to various factors. Such factors include the
possibility that increased demand or prices for the Corporation's
financial services and products may not occur, changing economic
and competitive conditions, technological developments, and other
risks and uncertainties, including those detailed in the
Corporation's filings with the Securities and Exchange Commission.
DATASOURCE: Harleysville National Corporation CONTACT: Paul D.
Geraghty, President and CEO, of Harleysville National Corporation,
+1-215-513-2391 Web site: http://www.harleysvillebank.com/
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