Hometrust Bancshares, Inc. has released a statement following the aftermath of Hurricane Helene, expressing its commitment to serving its employees and customers who were affected by the catastrophic rain and flooding. The company's President & Chief Executive Officer, C. Hunter Westbrook, emphasized their dedication to providing banking support to the impacted families and businesses, as well as ensuring the safety of their employees and customers.
Despite the challenges posed by the natural disaster, Hometrust Bank remained functionally operational throughout the storm, including electronic banking services and online operations. As of the release date, all but three of their 36 locations have at least drive-thru banking available. The company confirmed the safety of all their employees and assessed minimal damage to their banking locations.
Hometrust Bancshares, Inc., as of June 30, 2024, had assets totaling $4.7 billion. The bank, founded in 1926, is a North Carolina state-chartered, community-focused financial institution with over 30 locations, as well as online/mobile channels, serving various regions including North Carolina, South Carolina, East Tennessee, Southwest Virginia, and Georgia. The market has reacted to these announcements by moving the company's shares 0.4% to a price of $32.07. For the full picture, make sure to review HomeTrust Bancshares's 8-K report.
