Bailout Bank Bio: HF Financial Corp

Aug 6, 2009 | 2 min read | Print Article

HF Financial Corp operates as the holding company for Home Federal Bank that provides consumer and commercial banking services in the United States. The company offers various deposit accounts, such as savings accounts, checking accounts, money market, and certificate accounts. Its loan portfolio includes one-to-four family residential, commercial business, multi-family, commercial real estate, construction, and agricultural loans; and consumer loans comprising automobile loans, home equity loans, loans secured by deposit accounts, and student loans. In addition, the company offers annuities, mutual funds, life insurance, and other financial products, as well as equipment leasing services. As of June 30, 2008, HF Financial Corp. owned 33 banking centers and operated one Internet branch, www.homefederal.com. The company was founded in 1929 and is headquartered in Sioux Falls, South Dakota.

The company received $25 million on November 21, 2008 under the Capital Purchase Program and returned the funds in full on June 3, 2009.

Federal Equity Investment	$25 million
Total Revenue	$74.5 million
Net Income	$5.8 million
Number of Employees	Unknown
Corporate Headquarters	Sioux Falls, South Dakota
Business Sector	Banking
Officers and Directors	Mr. Curtis L. Hage, Chairman, Chief Exec. Officer, Pres, Principal Operating Officer Other Officers and Directors
Corporate Website	http://www.homefederal.com
Executive Compensation	HF Financial