ASHEVILLE, NC, July 3, 2024 (GLOBE NEWSWIRE) — HomeTrust Bancshares, Inc. (NASDAQ: HTBI) (“Company”), the holding company for HomeTrust Bank (“Bank”, “HomeTrust” or “HTB”), today announced that the Bank has been named a Best Place to Work in South Carolina for 2024 by Best Companies Group.

“We are very proud to receive this recognition in South Carolina,” said C. Hunter Westbrook, President & Chief Executive Officer. “HomeTrust has always had the goal of being a high-performing regional community bank, and we believe the most important strategic initiative to achieve that goal has been to create a recognized top workplace with a culture that provides a sense of belonging. Happy, engaged teammates serve customers better and deliver better results.”

To earn this recognition, companies across South Carolina went through a two-part survey process. The first part consisted of evaluating each company's workplace policies, practices, philosophy, systems, and demographics. The second part involved an employee survey to measure the actual employee experience. The Best Companies Group used the combined results to determine the top companies in South Carolina.

HomeTrust also received a “Most Loved Workplace 2024” award from Newsweek in May. Earlier this year, the bank received national recognition as one of the Top 50 Community Banks in S&P Global Market Intelligence’s annual rankings. The top performing large community banks in 2023 with assets between $3 billion and $10 billion. HomeTrust also ranked in the top 100 of Forbes 15^th Annual Best Banks List.

HomeTrust is committed to creating a workplace where everyone feels valued, supported and inspired to do their best work. In 2022, the bank launched a culture refresh focused on 33 fundamental behaviors. These fundamentals guide not only how we behave, but also how we run the company. They are supported by concrete programs, including an employee resource group, a community volunteer program and expanded employee benefits, including paid parental leave.

About HomeTrust Bancshares, Inc.

HomeTrust Bancshares, Inc. is the holding company for HomeTrust Bank. As of March 31, 2024, the company had assets of $4.7 billion. Founded in 1926, the bank is a North Carolina-chartered, community-focused financial institution committed to offering value-added relationship banking with over 30 locations and online/mobile channels. Locations include: North Carolina (the Asheville metropolitan area, the Piedmont region, Charlotte and Raleigh/Cary), South Carolina (Greenville and Charleston), East Tennessee (Kingsport/Johnson City, Knoxville and Morristown), Southwest Virginia (Roanoke Valley) and Georgia (Greater Atlanta).

The story goes on

Forward-looking statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical fact but are based on certain assumptions, including statements regarding the Company's beliefs, plans, objectives, expectations, assumptions and statements about future economic performance and projections of financial items. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated or implied by the forward-looking statements. Factors that could cause material differences include, among others, the impact of bank failures or adverse developments of other banks and related negative news coverage about the banking industry generally on investor and depositor sentiment, the residual impact of the COVID-19 pandemic on general economic and financial market conditions and on public health both nationally and in the Company's market areas; expected revenues, cost savings, synergies and other benefits from merger and acquisition activities may not be achieved to the extent, within the timeframe expected or at all; costs or difficulties associated with integration issues, including, without limitation, customer and employee retention, may be higher than expected and goodwill impairments may occur; increased competitive pressures among financial services companies; changes in the interest rate environment; changes in general economic conditions nationally and in our market areas; legislative and regulatory changes; and the effects of inflation, a possible recession and other factors described in the Company's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and other documents filed with or furnished to the Securities and Exchange Commission (SEC), which are available on the Company's website at www.htb.com and on the SEC's website at www.sec.gov. Any forward-looking statements made by the Company in this press release or in documents the Company files with or provides to the SEC are based on management's beliefs and assumptions at the date they are made and may prove to be incorrect as a result of inaccurate assumptions, the factors described above or other factors that management cannot anticipate. The Company undertakes no obligation, and expressly disclaims any obligation, to revise any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

CONTACT: Contact: C. Hunter Westbrook   President & Chief Executive Officer HomeTrust Bancshares, Inc. 828.365.7084