Home Federal Savings Bank

Status:Inactive as of 10/09/2024
 Merger - Without Assistance
Successor Bank:Alerus Financial
Headquarters:Home Federal Savings Bank
1016 Civic Center Dr Nw
Rochester, MN 55901
Established:07/01/1934
FDIC Insurance:08/09/1989
FDIC Cert:#29042
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$1,095,065,000
Total Deposits:$973,925,000

History

1934-07-01Institution established: Original name:Home Federal Savings Bank
1994-06-29Changed organization type to STOCK SAVINGS & LOAN
1997-12-06Acquired Marshalltown Savings Bank, FSB (28091) in MARSHALLTOWN, IA
2001-09-17Moved bank headquarters from SPRING VALLEY, MN to ROCHESTER, MN
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2015-08-14Acquired Kasson State Bank (15329) in KASSON, MN
2024-10-09Merged into and subsequently operated as part of Alerus Financial, National Association (3931)

Financial Information (2024-09-30 and Older)