The story
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.
Alerus Financial Corporation (Alerus), based in Grand Forks, North Dakota, and HMNF Financial Inc., based in Rochester, Minnesota, and parent company of Home Federal Savings Bank (Home Federal), announced a merger agreement on May 15, 2024.
From Wikipedia’s article on Home Federal Bank, shared under CC BY-SA 4.0.4