Heritage Financial Corp. in Olympia, Wash., postponed its annual meeting last week, because there was not a quorum to nominate a board of directors.

Donald V. Rhodes, chairman and chief executive officer of $457 million- asset Heritage, said that only about 100 shareholders-representing about 45% of Heritage's shares-attended the April 27 meeting. He said turnout was low because the company was slow in assembling and mailing proxy materials.

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