Harleysville Savings Financial Corporation Announces Regular Cash Dividend and Second Quarter Earnings for Fiscal Year 2013

Harleysville Savings Financial Corporation (OTCQB:HARL) reported today that the Company’s board of directors declared a regular quarterly cash dividend of $.21 per share on the Company’s common stock. The cash dividend will be payable on May 22, 2013 to stockholders of record on May 8, 2013.

Net income for the second quarter was $1,202,000 or $.31 per diluted share compared to $1,221,000 or $.32 per diluted share for the same quarter last year.

Net income for the six months ended March 31, 2013 amounted to $2,502,000 or $.65 per diluted share compared to $2,585,000 or $.68 per diluted share for the same six-month period a year ago.

Commenting on the quarter-end operating results, President and Chief Executive Officer Ron Geib stated, “The low level of interest rates continues to provide a unique challenge for the financial industry. This environment, along with a continued lack in demand for loans, is putting pressure on the interest margins and constraining the growth in the balance sheet. Given these conditions, we are very pleased to report another quarter of solid financial results. Our net interest income, level of non-performing loans and other expenses, are closely monitored and are the key to allowing us to deliver consistent, ongoing returns for our shareholders.”

The Company’s assets totaled $804.4 million compared to $842.3 million a year ago. Stockholders’ tangible book value increased 3.6% to $16.12 per share from $15.56 a year ago.

Harleysville Savings Financial Corporation is traded on the OTCQB market under the symbol HARL ( http://www.otcmarkets.com ) and is the holding company for Harleysville Savings Bank. Established in 1915, Harleysville Savings Bank is a Pennsylvania chartered and federally insured savings bank, headquartered in Harleysville, PA. The Bank operates from six full-service offices located in Montgomery County and one office located in Bucks County, Pennsylvania.

This presentation may contain forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995). Actual results may differ materially from the results discussed in these forward-looking statements. Factors that might cause such a difference include, but are not limited to, general economic conditions, changes in interest rates, deposit flows, loan demand, real estate values and competition; changes in accounting principles, policies, or guidelines; changes in legislation or regulation; and other economic; competitive, governmental, regulatory, and technological factors affecting the Company's operations, pricing, products and services.