Home Federal Savings Bank

Home Federal Savings Bank


Overview / Commentary
507-535-1309
1016 Civic Center Drive
Rochester, MN 55901

Home Federal Savings Bank is headquartered in Rochester and is the 15th largest bank in the state of Minnesota. It is also the 1,025th largest bank in the nation. It was established in 1934 and as of September of 2019, it had grown to 179 employees at 14 locations. Home Federal Savings Bank has an A health rating.

Reviews (2)

Failed Banks

Posted by: |

They should have been closed a year ago, they are hiding under an OTS agreement that keeps them from closing when it's suppose to protect the public they keep there real estate owned at pre-depression values, not current values, which shores up there bottom line so it looks better if a customer missed payments on a loan.

GOD BLESS AMERICA

Bank Failure Do To Poor Mangement

Posted by: |

This bank is close to failure there is a Google article in The Star Tribune, so be wary. Poor management has been a key issue to the failure of this bank.



Health

Health Grade Components

Overall
FDIC Certificate #29042
Year Established1934
Employees179
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.28%
Return on Equity - YTD11.34%
Annual Interest Income$23.8MM
Assets and Liabilities
AssetsQ3 2019vs Q3 2018$762.4MM$737.2MM
LoansQ3 2019vs Q3 2018$590.9MM$588.1MM
DepositsQ3 2019vs Q3 2018$671.6MM$656.4MM
Equity CapitalQ3 2019vs Q3 2018$82.8MM$76.7MM
Loan Loss AllowanceQ3 2019vs Q3 2018$8.2MM$8.8MM
Unbacked Noncurrent LoansQ3 2019vs Q3 2018$1.5MM$4.3MM
Real Estate OwnedQ3 2019vs Q3 2018$580.00K$413.00K
Rates

Sorry, we do not have rate data for Home Federal Savings Bank.

Locations

Availability



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