Bank News

Huron Valley Promise Issued Record Number Of Thirty Grants to Area Students

The Huron Valley Promise paid out thirty (30) $200 grants to local Huron Valley families with kindergarten aged children this past month. The grants are used to help parents pay for college or vocational training. The Huron Valley Promise was created in 2009 by a group of area business, education, government and civic leaders dedicated to improving the future of all Huron Valley students and the Huron Valley community. It is a financial support system designed to initiate savings accounts to be used for post secondary education.

Huron Valley State Bank Opens New ATM

Ceremonial Ribbon Cutting Took Place on September 19, 2017

Huron Valley State Bank hosted a Ribbon Cutting Ceremony and Grand Re-Opening Celebration on Tuesday, September 19 for the newest Automatic Teller Machine (ATM) located across the parking lot directly in front of Holden’s Party Store. The original ATM was attached to the storefront which was destroyed by the fire that took place on September 2, 2015. The new and improved ATM was designed to provide easy access to commuters on Milford Road and provide consumers visiting Holden’s with a convenient way to access money.

Huron Valley State Bank Hosts Document Shredding Event

August 15, 9:00 – 11:00 am at Milford and Highland Branches

Huron Valley State Bank will host a community document shredding event that will take place on Tuesday, August 15, from 9:00 am – 11:00 am at the Milford and Highland Branches. The community is welcomed to shred confidential documents safely and securely free of charge (up to four banker boxes per person or business, and up to shredding truck capacity). The shredding event is taking place on the same day as the bank’s 12 year anniversary.

Huron Valley Bancorp, Inc. Reports Q3 Results for 2017

/ Categories: Investor Relations

Huron Valley Bancorp, Inc had a strong third quarter with net income of $348,000 or $0.41 per share. For the nine months ending 9/30/17 net income was $930,000 reflecting a 28% increase in earnings over the previous year. The continued strong earnings trend is reflected in higher ROAE and ROAA numbers for the quarter and year-to-date as well. Earnings per share for the nine months ending 9/30/17 is $1.08 compared to $0.85 in the same timeframe of 2016. The Bancorp’s total assets ended the quarter at $140,821,000, an increase of 12% from Q3 2016. Loan activity remains good with core growth of 9.0% from one year earlier, and 4.8% year-to date.

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