Home Federal Bank was a financial services company headquartered in Sioux Falls, South Dakota.
[1] 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 15th, 2024.
The company is the largest publicly traded financial institution based in South Dakota.
This is a national award presented to two partnerships in each of the 12 Federal Home Loan Bank areas.
A member financial institution and a community-development organization hold each award jointly – partners that have successfully shared the challenge of creating local solutions for specific housing and development problems in their communities.