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FOR IMMEDIATE RELEASE
February 8, 2008
For more information, contact:
Joe Tryon, President
215.675.4000
Email: tryon@hatborofed.com
www.hatborofed.com

Hatboro Federal Savings Reports Record Earnings

Hatboro Federal Savings, a leading community bank headquartered in Hatboro, PA, today reported record earnings for the year 2007.
"It was a fantastic year for Hatboro Federal Savings," said Joseph J. Tryon, president. "We accomplished our financial goals and, most importantly, positioned ourselves for even more sustained growth and profitability in 2008. Our customer satisfaction levels are high and our commitment to the local communities we serve is stronger than ever."

Financial highlights for the calendar year 2007 include: Assets increased 11.28% from $426,843,258 to $474,996,867; savings deposits increased 12.45%; mortgage loans increased 7.25%; and home equity lines of credit increased 12.55%.

"This year, our assets increased to the highest level in our 67 year history," said Joe Tryon. "In a year when so many financial institutions around the country are facing a financial crisis of their own, Hatboro Federal continues to rank as one of the strongest savings and loans in the country."

Hatboro Federal Savings was chartered by the Federal Home Loan Bank Board on February 3, 1941. Hatboro Federal Savings has offices in Hatboro, Warrington and Warminster. A new office is scheduled to open in Jamison, Warwick Township, within the next twelve months.

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