Heritage Bank

Heritage Southeast Bank Hires Melissa Malcom as Chief of Human Resources

Thursday, August 6, 2020 - 9:25pm

Heritage Southeast Bank announced today that it has hired Melissa Malcom as Chief of Human Resources.

Key Points: 
  • Heritage Southeast Bank announced today that it has hired Melissa Malcom as Chief of Human Resources.
  • Melissa brings a strong knowledge of key human resources practices and policies that she will use to guide our organization, said Kathy Zovlonsky, Executive Vice President and Chief Administration Officer of Heritage Southeast Bank.
  • We are excited to have her join our growing team at Heritage Southeast Bank.
  • Heritage Southeast Bancorporation, Inc. (OTCQX: HSBI) serves as the holding company for Heritage Southeast Bank, which is headquartered in Jonesboro, GA and operates under the names Heritage Bank , The Heritage Bank , and Providence Bank in its various markets.

Heritage Southeast Bank Purchases Assets and Hires Employees From Diversified Funding Services, Inc.

Thursday, July 30, 2020 - 4:47pm

Heritage Southeast Bank announced today that it has purchased certain assets and hired three employees of Diversified Funding Services, Inc. Diversified had provided backroom services for HSB Fundings Factoring Services operations since 2017.

Key Points: 
  • Heritage Southeast Bank announced today that it has purchased certain assets and hired three employees of Diversified Funding Services, Inc. Diversified had provided backroom services for HSB Fundings Factoring Services operations since 2017.
  • HSB Funding has the advantage of being a part of Heritage Southeast Bank with over $1 billion in managed assets while maintaining the flexibility of an independent receivables-based funding company.
  • Heritage Southeast Bancorporation, Inc. (OTCQX: HSBI) serves as the holding company for Heritage Southeast Bank, which is headquartered in Jonesboro, GA and operates under the names Heritage Bank , The Heritage Bank , and Providence Bank in its various markets.
  • With approximately $1.3 billion in assets, the bank provides a well-rounded offering of commercial and consumer products through its 24 locations.

Heritage Southeast Bancorporation, Inc. Announces Completion of $20 Million Subordinated Notes Offering

Tuesday, June 30, 2020 - 11:20pm

Heritage Southeast Bancorporation, Inc. (HSBI) (OTCQX: HSBI) today announced the completion of a private placement of $20 million of 6.00% fixed-to-floating rate subordinated notes due 2030 (the Notes) to certain qualified institutional buyers and accredited investors.

Key Points: 
  • Heritage Southeast Bancorporation, Inc. (HSBI) (OTCQX: HSBI) today announced the completion of a private placement of $20 million of 6.00% fixed-to-floating rate subordinated notes due 2030 (the Notes) to certain qualified institutional buyers and accredited investors.
  • In addition to our announcement today regarding the completion of our subordinated notes offering, we continue to make strides on formalizing a solid growth plan for the company.
  • We believe the offering of these subordinated notes will give us the power we need to expand our footprint in the Southeast.
  • Heritage Southeast Bancorporation, Inc. serves as the holding company for Heritage Southeast Bank, which is headquartered in Jonesboro, GA and operates under the names Heritage Bank, The Heritage Bank, and Providence Bank in its various markets.

Heritage Financial Announces Chief Credit Officer Succession Plan

Friday, May 29, 2020 - 8:30pm

OLYMPIA, Wash., May 29, 2020 /PRNewswire/ --Heritage Financial Corporation (Nasdaq: HFWA), parent company of Heritage Bank , has named Tony Chalfant to succeed Dave Spurling as Chief Credit Officer ("CCO") of Heritage Bank effective July 1, 2020.

Key Points: 
  • OLYMPIA, Wash., May 29, 2020 /PRNewswire/ --Heritage Financial Corporation (Nasdaq: HFWA), parent company of Heritage Bank , has named Tony Chalfant to succeed Dave Spurling as Chief Credit Officer ("CCO") of Heritage Bank effective July 1, 2020.
  • Chalfant has held the title of senior vice president and deputy chief credit officer of Heritage Bank since July 2019.
  • Prior to that appointment, Chalfant served as the regional credit officer since January 2018 when Heritage acquired Puget Sound Bank.
  • Spurling, who has served as executive vice president and chief credit officer of Heritage Bank since 2007 and has held commercial lending positions with Heritage since 2001, has played a significant role in the success of the company.

Heritage Southeast Bank Extends Lifeline to 960 Georgia Businesses via Paycheck Protection Program Loans Totaling More Than $104 Million

Wednesday, May 20, 2020 - 2:58pm

Heritage Southeast Bank employees worked closely with 960 small businesses in Georgia to help them receive loans totaling more than $104 million via the Paycheck Protection Program (PPP) lending.

Key Points: 
  • Heritage Southeast Bank employees worked closely with 960 small businesses in Georgia to help them receive loans totaling more than $104 million via the Paycheck Protection Program (PPP) lending.
  • Heritage Southeast Bank, headquartered in Jonesboro, Georgia, facilitated the loans via its three brands Heritage Bank, Providence Bank, and The Heritage Bank out of locations in South Metro Atlanta, North Fulton, and South Georgia and North Florida, respectively.
  • The bank helped businesses throughout Georgia in a wide variety of industries ranging from service businesses, retail, and professional services.
  • Heritage Southeast Bancorporation, Inc. (OTCQX: HSBI) serves as the holding company for Heritage Southeast Bank, which is headquartered in Jonesboro, GA and operates under the names Heritage Bank , The Heritage Bank , and Providence Bank in its various markets.

Heritage Financial Announces Change to Virtual Webcast for 2020 Annual Shareholders' Meeting

Wednesday, April 8, 2020 - 11:36pm

OLYMPIA, Wash., April 8, 2020 /PRNewswire/ --Heritage Financial Corporation ("Company" or "Heritage") (Nasdaq: HFWA) announced today a change of its 2020 annual shareholders' meeting.

Key Points: 
  • OLYMPIA, Wash., April 8, 2020 /PRNewswire/ --Heritage Financial Corporation ("Company" or "Heritage") (Nasdaq: HFWA) announced today a change of its 2020 annual shareholders' meeting.
  • The virtual meeting will still be held on Monday, May 4, 2020 at 10:00 a.m. Pacific time via live webcast at www.meetingcenter.io/202687503 , password: HFWA2020.
  • Heritage Financial Corporation is an Olympia-based bank holding company with Heritage Bank, a full-service commercial bank, as its sole wholly-owned banking subsidiary.
  • More information about Heritage Financial Corporation can be found on its website at www.hf-wa.com and more information about Heritage Bank can be found on its website at www.heritagebanknw.com .

Third Coast Bancshares, Inc. and Heritage Bancorp, Inc. Officially Join in Merger of Equals

Thursday, January 2, 2020 - 1:00pm

Third Coast Bank, SSB and Heritage Bank have officially joined as a result of their respective holding corporations completing a Merger of Equals, creating a $1.2 billion bank operation under the Third Coast name and brand.

Key Points: 
  • Third Coast Bank, SSB and Heritage Bank have officially joined as a result of their respective holding corporations completing a Merger of Equals, creating a $1.2 billion bank operation under the Third Coast name and brand.
  • Third Coast Bank and Heritage Bank come from a culture that exemplifies grassroots values and customer-first focus, states Third Coast Chairman and Chief Executive Officer Bart Caraway.
  • This is an exciting opportunity to offer customers from both Third Coast and Heritage more locations, and service opportunities, adds Heritage Bank President and Chief Executive Officer Dennis Bonnen.
  • The merger adds Heritage Banks five locations in Detroit, Lake Jackson, La Vernia, Nixon and Pearland, Texas.