Find the latest listing of Home Federal Savings Bank promotions, bonuses, and offers here.
Update 3/25/24: We just found a $290 checking bonus good until 12/31/2024. In addition, the referral bonus has increased to $90 per (from $50).
Home Federal Savings Bank Promotions Review
Home Federal Savings Bank was founded in Spring Valley, Minnesota in 1934. It was originally called Home Federal Savings and Loan Association. They’ve been committed to providing great service and competitive products to individuals and businesses ever since.
I’ll go over Home Federal Savings Bank offers below.
Home Federal Savings Bank $290 Checking Bonus
- What you’ll get: $290 bonus
- Where it’s available: MN, IA, WI (Bank Locator)
- Credit Inquiry: Soft Pull
- Credit Card Funding: None
- How to earn it:
- Open a Home Federal Checking Account by 12/31/24
- Set up direct deposit of at least $500.
- You must activate debit car and online banking with eStatements enrollment to qualify for the $290 bonus.
(Expires 12/31/2024)
Truist Checking ($400 bonus) | Chase Total Checking ($300 Bonus) |
SoFi Checking and Savings Account ($325 Bonus) | KeyBank Checking ($300 bonus) |
Home Federal Savings Bank $90 Referral Bonus
- What you’ll get: $90 bonus
- Where it’s available: MN, IA, WI (Bank Locator)
- Credit Inquiry: Soft Pull
- Credit Card Funding: None
- How to earn it:
- Refer a friend or family member to open a qualifying checking account and both of you will earn $90!
- Print out some Refer-A-Friend referral cards (or pick some up from your nearest Home Federal) and fill in your name and phone number.
- Give a completed form to each of your friends and family members
- Wait for them to open their new account and watch for your reward(s) to show up in yours!
- It’s THAT easy! Plus, your earning ability is endless as there is NO LIMIT on the number of referrals. The more people you refer, the more money you’ll make!
(Limited time offer)
Truist Checking ($400 bonus) | KeyBank Checking ($300 bonus) |
How To Avoid Monthly Fees
- Advantage Checking: None
- Interest Advantage Checking: $10 monthly fee, waivable by maintaining a cumulative balance of more than $5,000 in any Home Federal deposit account, obtain a secured loan from Home Federal, have at least $1,000 direct deposit into the account per statement cycle, own a business with an active business checking account at Home Federal, work for Home Federal, and are 24 years old or younger.
- Health Savings Account: None
- Basic Savings: $3.00 monthly fee, waivable by maintaining an average monthly balance of at least $50.00.
- Basic Business: First 100 items per month are free. $0.25 per item after first 100
- Business Advantage: $20 monthly fee, waivable with a $20,000.00 minimum daily balance.
- Business: $13 monthly fee, Check with CSR to see how to waive.
- Nonprofit: None
- Nonprofit Interest: $13 monthly fee, Check with CSR to see how to waive.
- Commercial Basic Savings: $3 monthly fee, waivable by maintaining a minimum balance of $50.00
- Business Money Market: $10 monthly fee, waivable by maintaining a minimum balance of $1,000.00
- Commercial Preferred Money Market: $25 monthly fee, waivable by maintaining a minimum balance of $25,000.00
![]() |
![]() |
Bottom Line
To summarize, Home Federal Savings Bank has some of the best promotions, bonuses, and offers in Maine and Iowa. However, keep in mind that waiving the monthly service fees can be difficult if you cannot meet the high account requirements.
For more current offers, check out our bank bonuses page. Compare Home Federal Savings Bank rates for CDs and Savings with our best rates for Savings and CD accounts.
Be sure to check more popular bank promotions include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.
Additionally, you can find a full list of the best bank promotions here. Finally, remember to bookmark this page because you will always find an updated list of Home Federal Savings Bank promotions here.
PROMOTIONAL LINK | OFFER | REVIEW |
HSBC Premier Checking & Savings Member FDIC | Up to $3,000 Cash | Review |
Chase Private Client | $3,000 Cash | Review |
U.S. Bank Business Checking | $900 Cash | Review |
Chase Business Complete Checking® | $300 or $500 Cash | Review |
KeyBank Key Smart Checking® | $300 Cash | Review |
Truist One Checking | $400 Cash | Review |
Chase Total Checking® | $300 Cash | Review |
Chase College CheckingSM | $100 Cash | Review |
J.P. Morgan Self-Directed Investing | Up to $700 Cash | Review |
Chase Secure BankingSM | $100 Cash | Review |
SoFi Checking and Savings Account | $325 Cash | Review |
Huntington Bank Unlimited Plus Business Checking | $1,000 Cash | Review |
Huntington Bank Unlimited Business Checking | $400 Cash | Review |
Huntington Bank Business Checking 100 | $100 Cash | Review |
Fifth Third Bank Checking | $400 Cash | Review |
Axos Basic Business Checking | $400 Cash | Review |
Axos Business Interest Checking | $400 Cash | Review |
Axos Bank Business Premium Savings | $375 Cash | Review |
Leave a Reply