CORNELIA, Ga., May 6 /PRNewswire-FirstCall/ -- David D. Stovall, President and Chief Executive Officer of Habersham Bancorp (Nasdaq: HABC) reported that the Board of Directors of Habersham Bancorp has declared a second quarter 2008 dividend of ten (10.0) cents per share. The second quarter 2008 dividend of ten (10.0) cents per share due to shareholders of record on June 1, 2008 will be paid June 13, 2008.

Habersham Bancorp owns Habersham Bank, headquartered in Clarkesville, Georgia, with offices located in Cornelia, Baldwin, Braselton, Cleveland, Canton, Flowery Branch, Hickory Flat, Cumming, Toccoa, Eastanollee and Warrenton, Georgia. Habersham Bancorp also owns Advantage Insurers, Inc., headquartered in Cornelia, Georgia, an insurance subsidiary of Habersham Bank.

The Company's stock is listed on the Nasdaq Global Market under the symbol HABC.

SOURCE Habersham Bancorp