Heritage Financial Corporation is a bank holding company. The Company is primarily engaged in the business of planning, directing and coordinating the business activities of its wholly owned subsidiaries, Heritage Bank and Central Valley Bank. Heritage Bank has 14 full-service offices, with seven in Pierce County, five in Thurston County, one in Mason County and one in south King County. Heritage Bank has mortgage origination offices in Thurston County, Mason County, Pierce and King County, which all operate within banking offices. The mortgage loan operations are performed in one office located in Thurston County. Central Valley Bank operates six full-service offices, with five in Yakima County and one in Kittitas County. Heritage was incorporated in August 1997 and I headquartered in Olympia, Washington.
In November Heritage Financial announced that it would participate in the Treasury Department’s Capital Purchase Program. Under the program the company received $24 million in exchange for preferred stock.
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Bailout Bank Bio: Heritage Financial (Heritage Bank)
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Federal Equity Investment |
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Total Revenue |
$65.8 million (2008) |
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Net Income |
$6.4 million (2008) |
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Number of Employees |
1,011 |
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Corporate Headquarters |
Olympia, Washington |
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Business Sector |
Bank |
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Officers and Directors |
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Corporate Website |
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Executive Compensation |
3-31-09 Heritage Financial 10-Q
2008-11-25 Heritage Financial 8K
2008-09-30 Heritage Financial 10Q
2007 Heritage Financial Annual Report
No federal contracts located.
No lobbying reports located.
No political contributions located.
No related articles located.
Last Updated May 27, 2009
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