Ashkon Software



HFFC - HF Financial Corp.

HF Financial Corp. logo HF Financial Corp. (HFFC) is a bank holding company that was acquired by United Community Banks, Inc. in April 2016. The company operated as the holding company for Home Federal Bank, a federal savings bank that provided a range of financial services to individuals and businesses in the Sioux Falls, South Dakota region.

Prior to its acquisition, HF Financial Corp. had been in operation since 1929 and had built a reputation as a trusted provider of banking services in its local market. The company had a strong focus on personalized service and had built long-standing relationships with many of its customers.

Under the terms of the acquisition, United Community Banks, Inc. acquired all outstanding shares of HF Financial Corp. in a cash and stock transaction valued at approximately $85 million. The acquisition allowed United Community Banks, Inc. to expand its presence in the Southeastern United States and enter the South Dakota market.

Overall, HF Financial Corp. was a well-respected and established financial institution that had built a loyal customer base in its local market. Its acquisition by United Community Banks, Inc. allowed the company to expand its reach and continue providing high-quality banking services to its




Copyright © 2000-2023, Ashkon Software LLC
Privacy Policy | Refund Policy | Disclaimer