Exhibit 99.1

FOR IMMEDIATE RELEASE		FOR FURTHER INFORMATION
April 20, 2011		Brendan J. McGill
		Executive Vice President, COO/CFO
		215-256-8828

Harleysville Savings Financial Corporation Announces Declaration
of Regular Cash Dividend and Second Quarter Earnings for Fiscal Year 2011

Harleysville, PA., April 20, 2011 — Harleysville Savings Financial Corporation (NASDAQ:HARL) reported today that the Company’s board of directors declared a regular quarterly cash dividend of $.19 per share on the Company’s common stock. This is the 95th consecutive quarter that the Company has paid a cash dividend to its stockholders. The cash dividend will be payable on May 25, 2011 to stockholders of record on May 11, 2011.

Net income for the second quarter was $1,094,000 or $.29 per diluted share compared to $1,160,000 or $.32 per diluted share for the same quarter last year.

Net income for the six months ended March 31, 2011 amounted to $2,310,000 or $.62 per diluted share compared to $2,374,000 or $.65 per diluted share for the same six-month period a year ago.

Commenting on the quarter-end operating results, President and Chief Executive Officer Ron Geib stated,” We are pleased that we experienced another solid quarter in what continues to be a difficult economic environment. We look forward to our continued reduction in our interest expense due to the Federal Home Loan Bank advances maturing over the next several quarters. At the same time, we continue to realize the benefits of growing our local account relationships and appreciate the confidence and trust that our customers have in doing business with us.”

The Company’s assets totaled $856.5 million compared to $843.1 million a year ago. Stockholders’ tangible book value increased 4.4% to $14.74 per share from $14.12 a year ago.

Harleysville Savings Financial Corporation is the holding company for Harleysville Savings Bank. Established in 1915, Harleysville Savings Bank is a Pennsylvania chartered and federally insured savings bank. Headquartered in Harleysville, PA, Harleysville is located in central Montgomery County, which has the third largest population base and the second highest per capita income in the state of Pennsylvania.

This presentation may contain forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995). Actual results may differ materially from the results discussed in these forward-looking statements. Factors that might cause such a difference include, but are not limited to, general economic conditions, changes in interest rates, deposit flows, loan demand, real estate values and competition; changes in accounting principles, policies, or guidelines; changes in legislation or regulation; and other economic; competitive, governmental, regulatory, and technological factors affecting the Company’s operations, pricing, products and services.

Harleysville Savings Financial Corporation
Selected Consolidated Financial Data as of March 31, 2011
(Dollars in thousands except per share data)
(Unaudited)

		Year-To-Date
		Six Months Ended:								Three Months Ended:
		Mar 31,				Mar 31,				Mar 31,				Dec 31,				Sept 30,				June 30,				Mar 31,
Selected Consolidated Earnings Data		2011				2010				2011				2010				2010				2010				2010
Total interest income		$	18,722			$	20,200			$	9,291			$	9,430			$	9,867			$	9,951			$	9,944
Total interest expense			9,739				11,294				4,764				4,975				5,163				5,290				5,425
Net Interest Income			8,983				8,906				4,527				4,455				4,704				4,661				4,519
Provision for loan losses			325				300				175				150				150				150				150
Net Interest Income after Provision for Loan Losses			8,658				8,606				4,352				4,305				4,554				4,511				4,369
Other income			933				960				432				501				519				508				458
FDIC insurance premiums			490				453				263				226				224				229				226
Total other expenses			6,012				5,847				3,077				2,935				2,973				2,976				3,004
Income before income taxes			3,089				3,266				1,444				1,645				1,876				1,814				1,597
Income tax expense			779				892				350				429				556				500				437
Net Income		$	2,310			$	2,374			$	1,094			$	1,216			$	1,320			$	1,314			$	1,160
Per Common Share Data
Basic earnings		$	0.62			$	0.65			$	0.29			$	0.33			$	0.36			$	0.36			$	0.32
Diluted earnings		$	0.62			$	0.65			$	0.29			$	0.33			$	0.35			$	0.36			$	0.32
Dividends		$	0.38			$	0.38			$	0.19			$	0.19			$	0.19			$	0.19			$	0.19
Tangible book value		$	14.74			$	14.12			$	14.74			$	14.63			$	14.47			$	14.30			$	14.12
Shares outstanding			3,731,574				3,660,892				3,731,574				3,704,940				3,687,409				3,670,083				3,660,892
Average shares outstanding — basic			3,708,140				3,643,583				3,723,236				3,693,373				3,678,492				3,665,786				3,654,047
Average shares outstanding — diluted			3,741,864				3,658,087				3,758,260				3,731,203				3,722,324				3,698,977				3,670,280
		Year-To-Date
		Six Months Ended:								Three Months Ended:
		Mar 31,				Mar 31,				Mar 31,				Dec 31,				Sept 30,				June 30,				Mar 31,
Other Selected Consolidated Data		2011				2010				2011				2010				2010				2010				2010
Return on average assets			0.54	%			0.57	%			0.51	%			0.57	%			0.61	%			0.61	%			0.55	%
Return on average equity			8.55	%			9.37	%			8.03	%			9.08	%			10.01	%			10.12	%			9.08	%
Net interest income rate spread			2.00	%			2.01	%			2.01	%			1.98	%			2.07	%			2.07	%			2.05	%
Net yield on interest earning assets			2.16	%			2.19	%			2.17	%			2.14	%			2.24	%			2.24	%			2.22	%
Operating expenses to average assets			1.52	%			1.50	%			1.56	%			1.48	%			1.48	%			1.50	%			1.54	%
Efficiency ratio			65.57	%			63.84	%			67.36	%			63.78	%			61.22	%			62.00	%			64.89	%
Ratio of non-performing loans to total assets at end of period			0.42	%			0.23	%			0.42	%			0.39	%			0.30	%			0.28	%			0.23	%
Loan loss reserve to total loans, net			0.55	%			0.45	%			0.55	%			0.51	%			0.48	%			0.47	%			0.45	%
Stockholders’ equity to assets			6.42	%			6.13	%			6.42	%			6.33	%			6.22	%			6.05	%			6.13	%

		Mar 31,				Dec 31,				Sept 30,				June 30,				Mar 31,
Selected Consolidated Financial Data		2011				2010				2010				2010				2010
Total assets		$	856,478			$	856,681			$	857,140			$	867,109			$	843,074
Consumer Loans receivable — net			415,534				418,736				429,462				439,419				436,270
Commercial Loans			85,646				86,051				80,631				76,389				75,224
Loan loss reserve			2,795				2,639				2,504				2,437				2,330
Cash & investment securities			161,878				176,274				166,063				157,904				134,884
Mortgage-backed securities			144,686				127,188				131,628				144,211				145,358
FHLB stock			14,526				15,291				16,096				16,096				16,096
Checking accounts			81,698				80,426				70,912				74,029				68,181
Savings accounts			138,228				134,671				139,818				136,114				114,875
Certificate of deposit accounts			311,346				316,550				317,370				312,627				308,519
Total Deposits			531,272				531,647				528,100				522,770				491,575
Advances			263,632				265,347				272,047				283,730				290,398
Total stockholders’ equity			55,009				54,205				53,351				52,488				51,680