HMNF

HMN Financial, Inc. is a stock savings bank holding company of Home Federal Savings Bank (the Bank). The Bank operates retail banking and loan production facilities in Minnesota, Iowa, and Wisconsin. The Bank’s portfolio includes real estate, which includes single-family, multi-family and commercial, construction and development; consumer; and commercial business. It offers conventional fixed rate single-family loans that have maximum terms of 30 years. It typically sells the majority of fixed rate loan originations with terms to maturity of 15 years or greater that are eligible for sale in the secondary market. The commercial real estate and multi-family loan portfolio includes loans secured by motels, hotels, apartment buildings, churches, manufacturing plants, land developments, office buildings, movie theaters, shopping malls, nursing homes, restaurants, warehouses, and other non-residential building properties primarily located in the upper Midwestern portion of the United States.