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Tuesday, July 14, 2009, 8:18PM ET - U.S. Markets Closed. Dow Up 0.33% Nasdaq Up 0.36%
Heritage Financial Corp. (HFWA)At 4:00PM ET: 10.83  Down 0.05 (0.46%)  
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Heritage Financial Corp.
201 Fifth Avenue SW
Olympia, WA 98501
United States - Map
Phone: 360-943-1500
Fax: 360-352-0864
Web Site: http://www.heritagebankwa.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Pacific Banks
Full Time Employees:217

BUSINESS SUMMARY 
Heritage Financial Corporation operates as the holding company for Heritage Savings Bank that offers various financial services in Washington. It accepts certificates of deposit, regular savings accounts, money market accounts, checking accounts, negotiable order of withdrawal accounts, and individual retirement accounts. The company also offers commercial loans, such as business lines of credit secured primarily by real estate, accounts receivable and inventory financing, business term loans secured by real estate for either working capital or lot acquisition, small business administration loans, and unsecured business loans. In addition, Heritage Financial provides real estate loans, including single-family residential real estate lending, multifamily and commercial real estate lending, and construction loans; income property; agricultural; and consumer loans. As of December 31, 2007, Heritage Bank operated 13 branch offices located in Thurston, Pierce, Mason, and south King Counties; and Central Valley Bank operated 5 branch offices located in Yakima and Kittitas Counties. The company was founded in 1997 and is headquartered in Olympia, Washington.
Key Statistics

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    CORPORATE GOVERNANCE 
    Heritage Financial Corp.'s Corporate Governance Quotient (CGQ®) as of 1-Jul-09 is better than 75.9% of CGQ Universe companies and 60.5% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Brian L. Vance , 54
    Chief Exec. Officer, Pres, Exec. Director, Member of Risk Committee, Vice Chairman of Central Valley Bank, Chief Exec. Officer of Central Valley Bank, Chief Exec. Officer of Heritage Bank, Pres of Heritage Bank of Central Valley Bank
    $ 235.00K $ 0
    Mr. Donald J. Hinson , 47
    Chief Financial Officer, Sr. VP, Chief Financial Officer of Heritage Bank, Chief Financial Officer of Central Valley Bank, Sr. VP of Heritage Bank and Sr. VP of Central Valley Bank
    $ 142.00K $ 0
    Mr. D. Michael Broadhead , 64
    Pres of Central Valley Bank
    $ 180.00K $ 42.00K
    Mr. Gregory D. Patjens , 59
    Exec. VP of Heritage Bank
    $ 165.00K $ 0
    Mr. Edward D. Cameron , 68
    Sr. VP of Heritage Bank and Corp. Sec. of Heritage Bank
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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