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HERITAGE BANKCORP, INC. DECLARES QUARTERLY DIVIDEND

 HERITAGE BANKCORP, INC. DECLARES QUARTERLY DIVIDEND
 TAYLOR, Mich., Dec. 17 /PRNewswire/ -- Heritage Bankcorp, Inc.


(NASDAQ-NMS: HEBC) today declared a quarterly dividend of 13 cents per share, payable Jan. 15, 1992, to shareholders of record on Dec. 31, 1991.
 Commenting on the announcement, E.G. Wilkinson Jr., president and CEO of Heritage Bankcorp, Inc., said, "This is the ninth 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- 12/17/91
 /CONTACT: E.G. Wilkinson Jr., 313-285-1010, or Faye M. Tabor, 313-246-1219, both of Heritage Bankcorp, Inc./
 (HEBC) CO: Heritage Bankcorp, Inc. ST: Michigan IN: FIN SU: DIV


JG -- DE029 -- 3124 12/17/91 16:44 EST
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Publication:PR Newswire
Date:Dec 17, 1991
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