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HERITAGE BANKCORP, INC. OF TAYLOR, MICH., ANNOUNCES DIVIDEND

 TAYLOR, Mich., Sept. 20 /PRNewswire/ -- Heritage Bankcorp, Inc. (NASDAQ-NMS: HEBC) today announced a quarterly cash dividend of $.10 per share, payable to shareholders of record on Sept. 30, 1993, and is payable Oct. 15, 1993.
 Commenting on the announcement, E.G. Wilkinson Jr., president and CEO of Heritage Bankcorp, Inc., said, "This is the 16th consecutive quarterly cash dividend paid to our stockholders by Heritage Bankcorp, Inc. since our conversion to a stock company in August 1989."
 Heritage Bankcorp, Inc. is the holding company for Heritage Federal Savings Bank. The bank serves Southeast and Northern Michigan through its home office and 44 full-service branch offices. Heritage Bankcorp, Inc. is quoted on the NASDAQ National Market System under the symbol HEBC.
 -0- 9/20/93
 /CONTACT: E.G. Wilkinson Jr., president and chief executive officer, 313-285-1010, or Faye M. Tabor, senior vice president and corporate secretary, 313-246-1219, both of Heritage Bankcorp, Inc./
 (HEBC)


CO: Heritage Bankcorp, Inc. ST: Michigan IN: FIN SU: DIV

JG -- DE024 -- 3871 09/20/93 17:17 EDT
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Publication:PR Newswire
Date:Sep 20, 1993
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