LETTER FROM OUR PRESIDENT

Dear Friends:

2006 was an exciting year for Hampton State Bank. Our Come Home to Franklin County economic development initiative created much interest among our customers, the media and former residents of the county. Therefore, we have decided to extend the program through December 2007. We hope that by then, our bank will have loaned $1,000,000 in low interest rates for homes and autos to households that have moved back to Franklin County.

Eligible participants would be those who have graduated from Hampton-Dumont, CAL or Sheffield-Chapin-Meservey-Thornton high schools and who have moved back to Franklin County after November 18, 2005 (the start date of our program) or anticipate moving back before the end of 2007.

To date, the bank has six households participating in the Come Home to Franklin County program, with a total of $411,860 loaned to them.

Because of the intense interest in our program, several great opportunities presented themselves to the bank and our county:

  • four other banks in Iowa have purchased our trademarked "Come Home" program and as a result, Hampton State Bank has donated $1,000 of the sale proceeds to the Franklin County Development Association
  • the City of Hampton received a $15,000 grant as a result of the "Come Home" program being noticed by the Federal Home Loan Bank of Des Moines
  • Hampton State Bank was honored with a marketing award by the Iowa Bankers Association for its novel program
  • And, most importantly, it has given me an opportunity to share how great Franklin County is with many radio and television stations, newspapers and other publications.

I ask your help! Please tell your friends, neighbors, and relatives about our program!  Tell them that Franklin County needs them!  And the Hampton State Bank can assist them in moving back to our county!

Finally, a sincere thank you to our customers who place their trust in us which we appreciate so much. On behalf of the owners, the board of directors and the staff of the Hampton State Bank, I would like to wish all of you best wishes for a prosperous 2007.


Please feel free to contact me with any questions you may have regarding Come Home to Franklin County
, banking or financial industry issues at 641-456-2559 or you may email me at bdavis@hamptonstate.com.   

Sincerely,

Brad Davis
President and CEO

At Hampton State Bank, we're working smarter for you!