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 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 (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.
SOURCE Harleysville National Corporation