History
Home Federal Bank continues to grow and evolve with our customers. In 2004, the company was converted from a federal mutual savings and loan association to a federally-chartered stock savings bank, trading under the NASDAQ symbol "HOME". Under this arrangement, Home Federal Bank was recapitalized from the sale of 40% of the company to the public. That decision brought an influx of capital which allowed Home Federal Bank to create new products and business lines; like the emergence of commercial and small business banking.
In 2007, the Board of Directors and shareholders approved a plan to convert Home Federal to full stock holding company, Home Federal Bancorp, Inc. This move brought in additional capital to create the strong balance sheet the company enjoys today.
In 2009, Home Federal Bank expanded its geographical footprint into Central Oregon. The FDIC and Oregon regulators sold the assets of the Community First Bank of Prineville, Oregon to Home Federal. The addition of seven branches in Deschutes, Crook and Jefferson counties in Oregon, including Bend and Redmond, Oregon, combined with the 15 full service banking offices and one commercial loan center in southwestern Idaho, has established Home Federal as a very viable regional banking entity between the Cascades and the Rockies.
Home Federal Bancorp, Inc., is the parent company of Home Federal Bank, a community bank originally organized in 1920. The Company serves the Treasure Valley region of southwestern Idaho and the Tri-County Region of Central Oregon through 22 full-service banking offices and two commercial loan centers - one in Idaho and one in Oregon.
Home Federal Bancorp, Inc. trades on the NASDAQ Global Select Market under the ticker symbol HOME and is a part of the Russell 2000 Index.
