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Heritage Bank Announces Plans for New Retail Location and Expansion of ATM Network.


Business Editors

HOPKINSVILLE, Ky.--(BUSINESS WIRE)--May 21, 2004

HopFed Bancorp, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: HFBC HFBC Houston's First Baptist Church (Houston, TX)
HFBC High Frequency Broadcasting Conference
) today announced that Heritage Bank, its wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, has purchased land at the intersection of Lafayette Road The LaFayette Road is found in Northwest Georgia in the counties of Walker and Catoosa. The road, approximately 20 miles in length, leads from the Tennessee-Georgia state line in Rossville southward to the city of LaFayette. The present day U.S. Highway 27 and U.S.  and Eagle Way By-Pass for the purpose of offering its customers an expanded opportunity for banking access.

"Within the next 12-18 months, we hope to provide a new banking center for our customers," commented John Peck
    John Peck (born 7th August 1937 - died 1993) was an Australian rules footballer, who played in the VFL/AFL.

    John Peck played for Hawthorn from 1954 to 1968. He topped the leading VFL goalkicking in three successive years in 1963-65.
    , President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Heritage Bank. "Our growth in the market has been very positive and we are pleased to announce this new site for the development of a new Heritage Bank retail location."

    Heritage Bank is currently celebrating its 125th Anniversary in the Hopkinsville and West Kentucky region. "The past several years have been very exciting for Heritage Bank both here in our local market and around the region," Peck added. "We have experienced growth in all of our varied markets, including the addition last year of new Heritage Bank buildings in Marshall County Marshall County is the name of twelve counties in the United States:
    • Marshall County, Alabama
    • Marshall County, Illinois
    • Marshall County, Indiana
    • Marshall County, Iowa
    • Marshall County, Kansas
    • Marshall County, Kentucky
    • Marshall County, Minnesota
     and Calloway County. In addition, in 2003, our operations team put together online banking and bill payment products that are second to none. We believe that our community-oriented approach to delivering financial products and services is the fundamental element in our continued success."

    HopFed Bancorp, Inc. is a holding company of Heritage Bank headquartered in Hopkinsville, Kentucky Hopkinsville is a city in Christian County, Kentucky, United States. The population was 30,089 at the 2000 census. It is the county seat of Christian CountyGR6. . The Bank has nine offices in western Kentucky as well as Fall & Fall Insurance of Fulton, Kentucky and Heritage Solutions of Murray, Kentucky. The Bank offers a broad line of banking and financial products and services with the personalized focus of a community banking organization. For more information about Heritage Bank and HopFed Bancorp, Inc., go to our website at www.bankwithheritage.com.

    Information contained in this press release, other than historical information, may be considered forward-looking in nature and is subject to various risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or expected. Among the key factors that may have a direct bearing on the Company's operating results, performance or financial condition are competition and the demand for the Company's products and services, and other factors as set forth in filings with the Securities and Exchange Commission.
    COPYRIGHT 2004 Business Wire
    No portion of this article can be reproduced without the express written permission from the copyright holder.
    Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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    Publication:Business Wire
    Date:May 21, 2004
    Words:379
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