Home Federal Bank


Main Ave At 11th Street
Sioux Falls, SD 57104
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Home Federal Bank is an FDIC insured institution located in Sioux Falls, SD. It was founded in 1929 and has approximately $1.14 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 28092
Date Established 1929
Assets $ 1,136.59 million
Loans $ 865.06 million
Deposits $ 959.72 million
Capital $ 123.23 million

For a more detailed analysis of Home Federal Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 28, 2020

Your Current Location: Virginia, VA 20146

Loan Rates - October 28, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Home Federal Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
NMLS ID: 2890
License#: MC-3098
2.669% 2.625% 0.63 $1,450 $1,005 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Home Federal Bank
To upload and update your bank's rates please register. It is free to register and add rates.


Home Federal Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

Home Federal Bank Locations

Financial Details

Home Federal Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Home Federal Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Home Federal Bank U.S. Bank Average
9.74% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Home Federal Bank had $13,043,000 in non-current loans and $27,000 in owned real estate. To cover these potential losses it had $123,227,000 in equity and $11,012,000 in loans loss reserves. That gives it a Texas Ratio of 9.74%.

Return on Equity
Home Federal Bank U.S. Bank Average
3.47% 7.80%

Home Federal Bank has a Return on Equity of 3.47% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Home Federal Bank U.S. Bank Average
10.84% 12.68%

Home Federal Bank has a Capitalization of 10.84% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Home Federal Bank Balance Sheet Analysis

As of March 31, 2015, Home Federal Bank had assets of $1,140,169,000, loans of $865,061,000, and deposits of $959,719,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 865.06 million
Loan loss allowance $ 11.01 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.03 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
Total deposits $ 959.72 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 1,136.59 million

Summary Income Statement

March 31, 2020
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Home Federal Bank’s loan portfolio are Commercial Real Estate, Farm Loans, and 1-4 Family Residential Loans.

Compared to other banks in South Dakota, Home Federal Bank has a significantly higher percent of Multifamily Mortgages, Small Business Loans, Construction and Development Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 13.63
Credit Card Loans 0.00
Consumer Auto Loans 1.02
Small Business Loans 7.57
Construction and Development Loans 8.06
Commercial Real Estate 32.43
Commercial and Industrial Loans 7.98
Farm Loans 14.06

Frequently Asked Questions About Home Federal Bank

Branches and Savings

Is Home Federal Bank FDIC insured?

Yes. It is covered under FDIC Certificate #28092.

Why does Home Federal Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Home Federal Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Home Federal Bank a commercial bank?


Where are Home Federal Bank locations?

See branch locations nearby.

Is Home Federal Bank open on Saturdays?

Is Home Federal Bank open on Sundays?

What time does Home Federal Bank open?

What time does Home Federal Bank close?

Are Home Federal Bank ATMs Open 24/7?

Do Home Federal Bank ATMs accept cash deposits?

Can Home Federal Bank customers use other ATMs?

Do Home Federal Bank branches have notaries?

Will Home Federal Bank notarize my document?

What address for Home Federal Bank should I put for incoming ACH transfers?

Will the Home Federal Bank branch print checks?

Do Home Federal Bank checks expire?

Does Home Federal Bank require US citizenship to open account?

Can Home Federal Bank close my account?

Does Home Federal Bank Report to credit bureaus?

Does Home Federal Bank Use Equifax?

What is Home Federal Bank's ACH Routing Number?

What is Home Federal Bank's SWIFT code?


Does Home Federal Bank offer mortgages?

Compare mortgage rates here.

Does Home Federal Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Home Federal Bank offer personal loans?

Compare personal loan rates here.

Does Home Federal Bank offer student loans?

Will Home Federal Bank cash a check?

Will Home Federal Bank redeem a savings bond?

Does Home Federal Bank cash savings bonds?

Will Home Federal Bank cash money orders?

Can Home Federal Bank issue a money order?

Does Home Federal Bank do currency exchange?

Background on The Bank

Who owns Home Federal Bank?

How long has Home Federal Bank been around?

Can Home Federal Bank transfer to other banks?

Does Home Federal Bank have quick pay?

Does Home Federal Bank accept rolled coins?

Will Home Federal Bank accept loose change?

Where is Home Federal Bank headquarters?

Customer Reviews for Home Federal Bank

There are currently no comments for Home Federal Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →