Home Federal Bank

Home Federal Bank

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Home Federal Bank

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Description:
Home Federal Bank () is a financial services company, headquartered in Sioux Falls, South Dakota. It operates 32 branch locations in 19 communities throughout parts of South Dakota and Minnesota.

Home Federal is the largest publicly traded financial institution based in South Dakota.

There was also a bank of the same name based in San Diego which was in operation until the early 1990s.

History

Home Federal Bank was originally chartered on March 20, 1929 as Home Federal Savings Association. Since 1992 the organization has operated under a federal savings bank charter with the name, Home Federal Savings Bank. The name changed in 2001 to Home Federal Bank. Home Federal Bank is a wholly owned subsidiary of HF Financial Corp., which is traded on the NASDAQ under the symbol “HFFC.” The home office is located at 225 South Main Avenue, in Sioux Falls, South Dakota.

Parent Company

HF Financial Corp. has assets totaling $987.2 million and stockholders’ equity of $58.3 million (as of September 30, 2006). The company is the largest publicly traded financial institution based in South Dakota. HF Financial Corp., the parent company for financial service companies, including Home Federal Bank, Mid America Capital Services, Inc., Hometown Insurors, Inc., and HF Financial Group, Inc. The combination of these companies employs over 300 people.

Recognitions & Community Involvement

Money Magazine recognized Home Federal Bank in its June 1995 issue as South Dakota’s Best Bank....
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