About Home Federal

Home Federal Savings Bank was founded in Spring Valley, Minnesota in 1934. It was originally called Home Federal Savings and Loan Association. We’ve been committed to providing great service and competitive products to individuals and businesses ever since.


Home Federal converted from a mutual savings bank to a public stock institution in 1994. Today, the bank is one of the largest thrifts in the state.


Our mission statement,


“Enhancing the financial well-being of our clients and community one relationship at a time,”


was carefully crafted in order to help drive home our commitment to providing great service and competitive products to both individuals and businesses, while developing long-term relationships that help us to better meet the needs of our clients. We firmly believe the value of our company, our reputation, and our long-term success is the outcome of:



  • Doing what is right for our clients,
  • Our civic involvement and community investment, and
  • Providing our employees with an environment that promotes personal and professional growth.


For more information about the origin and goals of Home Federal, choose one of the links below.