Hampton State Bank pledges $1 million 
to attract new residents

®

Hampton State Bank announced at a news conference on November 18 that it will commit $1 million to attract former Franklin County residents back to the area. The "Come Home to Franklin County®" campaign promises home and car loans at 3.9 percent, a free personal computer, and free use of many bank products for people returning to work and live in Franklin County.

"Hampton State Bank is sincerely interested in our communities’ growth and development. We’re working proactively to welcome our former residents back home to Franklin County," said Brad Davis, Hampton State Bank President & CEO.

In a first-of-its-kind economic development initiative, Hampton State Bank is working to defy a statewide trend and create greater incentive for alumni from area high schools, Sheffield-Chapin-Meservey-Thornton (SCMT), Hampton-Dumont, and CAL Community, to make their homes in Franklin County.

Through December 2006, Hampton State Bank has committed $1 million in loan funding to support "Come Home Loans," and will work with area employers to help promote job and career opportunities in attracting past high school graduates of any age to return to the community. People must have graduated from a Franklin County high school and are returning to live in the county to qualify for Come Home to Franklin County® benefits. The home loan and auto loans are subject to credit approval, some restrictions apply, and rates are variable and may change.

"The only topics being discussed at the state level seem to be tax incentives for young people. We feel that we can have a much greater impact by tackling the challenge at the local level, and implementing a program that focuses on making Franklin County an attractive residence option for area alumni of all ages," said Hampton State Bank Vice President and Cashier Donnis Borcherding.

For more information, contact Brad Davis, President & CEO of Hampton State Bank at 641-456-2559 or 800-749-6209.  Or you may email Brad at bdavis@hamptonstate.com.

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