Spring Valley, MN Market

spring valley Branch

Established 1934

Home Federal Savings Bank was founded in Spring Valley in 1934. While we've outgrown our initial location in town since the 1930s, our roots remain strong here in Home Federal's original market. We're proud to be home to a talented team of local banking experts who share in our company's commitment to supporting the Spring Valley and surrounding communities. Visit our branch on the north side of town to experience hometown service you can bank on. 

HOURS: Mon - Fri 8:30am - 4:30pm
DRIVE-UP: Mon - Fri 8:00am - 5:00pm | Sat 9:00am - 12:00pm
Fax: 507.346.9711
AMENITIES: Full Service Banking | ATM | Night Deposit



Personal Banking

  • Checking Accounts
  • Health Savings Accounts
  • Savings Accounts
  • Money Market Accounts
  • Certificates of Deposit
  • Online Banking Services
  • Home Loans
  • Government Loans
  • Equity Loans
  • Consumer Loans
  • Credit Cards
  • Wealth Management

Business Banking

  • Checking Accounts
  • Savings Accounts
  • Money Market Accounts
  • Cash Management Solutions
  • Business Credit Cards
  • Commercial Loans

Bank 24/7

We offer the convenience of online and mobile apps for both business and personal use. Make deposits. send money, make a payment, manage your accounts, and so much more!


July 04

Independence Day
We will be closed.


September 02

Labor Day
We will be closed.


New Clients can earn up to $400


or family member to open a new checking account and you'll receive $25 for each referral! (No limit!)

*Health Savings Accounts are not eligible. Referred party must not have been a HF checking account client in the last 12 months. $25 reward will be credited to the referring clients checking account within 60 days of their referrals checking account opening. Referred party must open their account by 6/30/19. Checking account minimum opening balance is $25. Account ownership styling and transaction authority may disqualify eligibility to receive the $25 reward. $25 reward will be reported as interest on IRS Form 1099-INT. This offer is subject to change and may be withdrawn without notice.

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Employee Spotlight

Kelly Nelson

Kelly Nelson

VP Market President
NMLS# 740983
507.346.9780 Email Kelly

Leslie Schmidt

Leslie Schmidt

Senior Mortgage Lender
NMLS# 649412

Leslie's Info

Kelly Waugh

Kelly Waugh

Mortgage Lender
NMLS# 786161

Kelly's Info

Charity Rasmussen

Charity Rasmussen

Consumer Banking Specialist
NMLS# 712509
507.346.9724 Email Charity

Alyx Koster

Alyx Koster

Consumer Banking Specialist

Email Alyx