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2005 Press Release

FOR IMMEDIATE RELEASE

Contact:
Neil Cotiaux, FHLBank of Pittsburgh: 412-288-2851; cell: 330-703-0753
J. Maurice Clark, president, Huntington Federal Savings Bank:
    304-528-6220

HUNTINGTON FEDERAL PRESIDENT HONORED FOR COMMUNITY COMMITMENT; SPECIAL AWARD CITES MAURICE CLARK'S ROLE IN CREATING AFFORDABLE HOUSING

PITTSBURGH, PA, June 20, 2005 — J. Maurice Clark, president of Huntington (WV) Federal Savings Bank, today received a special award from the Affordable Housing Advisory Council of the Federal Home Loan Bank of Pittsburgh (FHLBank) for his lifelong commitment to affordable housing and community investment.

Each year, the Affordable Housing Advisory Council, which serves the Bank and its Board of Directors, selects an individual who exemplifies the FHLBank of Pittsburgh's vision of placing a safe, warm home and steady work within the grasp of every person. The FHLBank, a wholesale bank created by Congress to provide a steady stream of low-cost funding for housing, has approximately 340 member financial institutions across Delaware, Pennsylvania and West Virginia. Clark received the special Council Award at a regional gathering of FHLBank members in Pittsburgh.

"Once a year, we honor a single individual among the leadership of our members whose relentless devotion to affordable housing and community building stands out from the pack," said John J. Bendel, director of Community Investment for the Bank. "As president of Huntington Federal since 1992, Maurice Clark has set the standard for support of affordable housing and community investment across his bank's service area."

Huntington Federal has extended thousands of mortgage loans since its founding in 1934. Using the FHLBank of Pittsburgh's Affordable Housing Program (AHP), it has also distributed more than $1 million in grants and other low-cost funding to create a more abundant supply of clean, safe and affordable rental or for-sale housing at more than one dozen locations across Huntington Federal's marketplace.

AHP funding distributed by Huntington Federal supports ten rental housing projects in Charleston, Fort Gay and Huntington as well as for-sale housing at four locations in Huntington. Specific projects include Huntington High Renaissance, Thompson School Elderly Apartments in Fort Gay, the Huntington City Mission, Assaley Place Apartments in Charleston, Huntington Area Habitat for Humanity construction and other affordable housing development.

Under Clark's leadership, Huntington Federal has received numerous awards and recognition for its support of housing projects for the homeless, low-income and elderly and has participated with other local financial institutions in civic and community development initiatives. Personally active in civic affairs, Clark is a member of the Marshall University College of Business Advisory Board, the Huntington Area Development Council Executive Committee, the Huntington Regional Chamber of Commerce Board, Huntington Rotary Club and the Cabell-Huntington Coalition for the Homeless.

Maurice Clark joined Huntington Federal in 1972 as a loan officer. He graduated from Huntington East High School in 1964 and entered the U.S. Army in 1966, serving with the Fourth Infantry Division in Vietnam. He is a graduate of Marshall University, receiving a bachelor of business administration degree in 1975.

Huntington Federal Savings Bank operates five offices at Camden Road, East Hills, Huntington Mall, Putnam Village and a main office at 1049 Fifth Avenue in downtown Huntington.

Originally established in 1932 to provide a steady stream of low-cost housing finance to its membership, the FHLBank of Pittsburgh has expanded its mission in recent years to include financing for business startup and expansion and a variety of community and economic development projects. The Bank is one of twelve FHLBanks, all private cooperatively owned banks using private capital for a public mission.