Heritage Bank to Open a Full-Service Branch in Gig Harbor, Washington

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Dec 02, 2010, 01:27 ET

OLYMPIA, Wash., Dec. 2, 2010 /PRNewswire/ -- Heritage Financial Corporation ("Company") (Nasdaq: HFWA) announced that its subsidiary, Heritage Bank is opening a new branch in Gig Harbor, Washington. The branch will be Heritage Bank's twenty-sixth location. The Gig Harbor Branch is expected to open in February 2011 and will be located at 5119 Olympic Dr. NW, Gig Harbor.

"The addition of the Gig Harbor branch fits well with our overall growth strategy and complements the recent addition of the Allenmore branch (formerly Pierce Commercial Bank) in Tacoma. The Gig Harbor market is a well-established, growing community we have had in our expansion plans for some time," stated Mr. Jeff Deuel, Executive Vice President and Chief Operating Officer.

The Gig Harbor Branch will be a full service facility offering a variety of business and personal banking products including checking and savings accounts; commercial and residential loans; as well as merchant services and remote deposit. All products and services are designed with our customers and their financial goals in mind.

Heritage Bank looks forward to joining and strengthening the Gig Harbor community through a combination of contributions and staff volunteer efforts. We understand the importance of giving back to the communities we serve.

About Heritage Financial

Heritage Financial Corporation is a bank holding company headquartered in Olympia, Washington. The Company operates two community banks, Heritage Bank and Central Valley Bank. With the recent FDIC-assisted acquisitions of Cowlitz Bank and Pierce Commercial Bank, Heritage Bank now serves western Washington and the greater Portland, Oregon area through its twenty-five full-service banking offices and its Online Banking Website www.HeritageBankWA.com. Central Valley Bank serves Yakima and Kittitas Counties in central Washington through its six full-service banking offices and its Online Banking Website www.CVBankWA.com. Additional information about Heritage Financial Corporation is available on its Internet Website www.HF-WA.com.

SOURCE Heritage Financial Corporation