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  September 5, 2001
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Home > Company Index > Banking > Banking - Midwest > HMN Financial, Inc.

HMN Financial, Inc.
Nasdaq: HMNF
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 PROFILE
HMN Financial is the savings and loan holding company for Home Federal Savings Bank, which operates more than 10 branches in southern Minnesota and Iowa. The bank offers individuals and businesses such deposit products as checking, savings, NOW, and money market accounts, as well as CDs. Its lending activities include residential mortgages (nearly 60% of the bank's loan portfolio) and business, construction, commercial real estate, and consumer loans. The bank's Osterud Insurance Agency subsidiary provides credit life insurance and financial planning services. Other subsidiaries of the company offer mortgage banking and brokering.

 COMPETITION
Citizens Banking Corporation (CBCF)
Commercial Federal Corporation (CFB)
Wells Fargo & Company (WFC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 56.20
1-Yr. Sales Growth: 9.3%
Employees: 151
Revenue per employee: $372,185.43

 KEY PEOPLE
• Michael McNeil
    CEO
• Timothy P. Johnson
    CFO

 CONTACT INFO
101 N. Broadway
Spring Valley, MN 55975
US
Phone: 507-346-1100
Fax: 507-346-1111
Online: Web Site

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