Hampton State Bank continues the "Come Home" program and takes it nationwide

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Hampton State Bank announced that it will continue its $1 million commitment to attract former Franklin County residents back to the area through December 2009.

"It is Hampton State Bank’s intention to fulfill the entire $1 million in Come Home to Franklin CountyÒ loans," stated Brad Davis, President & CEO of Hampton State Bank.

Launched in November 2005, the Come Home to Franklin CountyÒ program is an innovative economic development initiative offering low interest home and car loans as well as other benefits to attract graduates of high schools located in Franklin County to make their homes again in the county.

To qualify for Come Home to Franklin CountyÒ benefits, applicants must:

    • Be a graduate of a high school located in Franklin County
    • Return to reside in Franklin County
    • Receive credit approval for the home and auto loans

Some restrictions apply and rates are variable and may change.

Since it’s inception, Hampton State Bank has assisted eleven households under the Come Home program, totaling over $860,000 in low interest loans. The program includes home and car loans at an attractive reduced rate, a free personal computer, and free use of many Hampton State Bank products.

Hampton State Bank celebrated the third anniversary of the program by exhibiting and offering the program to banks on a nationwide scale at the American Bankers Association National Ag Bankers Conference held in Des Moines on November 17-18. The most recent bank to acquire the Come Home program is The First National Bank of Pawnee, Oklahoma.

"Come Home to Franklin CountyÒ has proven to be an effective means to inspire people to return to their hometown roots," says Davis. "Given the positive feedback and inquiries we have received with the Come Home program, it made sense that we offer the program to banks nationwide."

"The more people who take advantage of this offer, the more our communities benefit; so I encourage people to spread the word to their families and friends that HSB’s offer to "Come Home" continues," says Davis.

For more information about Come Home to Franklin CountyÒ , please contact Brad Davis at 641-456-2559 or bdavis@hamptonstate.com.

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