Home Federal Health Savings Accounts

LEARN MORE ABOUT HOME FEDERAL BANK'S SERVICES

One-Stop Banking
In addition to our checking account program, Home Federal offers a full line of personal and business financial services. Our experienced, local lending teams use state-of-the-art technology to process your mortgage application in minutes, not days, so you spend less time filling out tedious paperwork and more time planning for your new home.

Our consumer loan experts handle the administrative details of the credit decisions, enabling the sales force to focus on sales and service. Quick, consistent, streamlined credit analysis is critical to the success of the program. We enjoy a distinct competitive advantage in consumer lending, since consumers prefer to work with a banking company that makes credit decisions locally.

Home Federal has successfully established itself as a leader in small business real estate lending. Our competition often sends business our way, since they focus solely on the very large corporate accounts. The impressive growth and soundness of our commercial loan portfolio demonstrates our ability to leverage opportunities for solid, bottom line returns.

High Performance Checking from Home Federal
It's not just talk. At Home Federal we have a checking account that fits your needs. Each of our eight accounts features an easy-to-balance monthly statement, an optional Visa® Check Card for convenient, worldwide access to your checking account funds, and your choice of Check Safekeeping services or Check Images.

If you're looking for simple, worry-free checking, look no further. With Totally Free Checking you'll enjoy unlimited check writing without the worry of minimum balance requirements or additional account relationships. It's easy, it's convenient, and it's Totally Free!

If you keep at least $400 in your checking account, you deserve more than just free checking -- you deserve checking with interest. Open a Low Minimum Interest Checking account and get competitive interest and unlimited check writing when you keep a minimum balance of just $400.

Write a lot of checks? Then you'll really appreciate our No Minimum Interest Checking account. For just a modest monthly fee you'll enjoy unlimited check writing, competitive interest on your account balance, and free personalized checks.

If you write fewer than 20 checks a month, open an Economy Interest Checking account and get pay-as-you-go value. For just $.20 per check, you'll enjoy competitive interest on your account balance, pay no monthly service charge, and have no minimum balance requirements.

Home Federal checking accounts are like fine wine -- they get better with age. With our 55+ Free Interest Checking, you'll benefit from Free basic personal checks, unlimited check writing and competitive interest on your account balance, while avoiding minimum balance requirements and monthly service charges.

Receive payroll checks, Social Security checks, or recurring government checks through Direct Deposit?

If you answered "yes" to either of these questions, then you qualify for VIP Free Interest Checking.

Talk about value! When you arrange for automatic payment of your Home Federal loan, automatic deposit of payroll or recurring government check to your VIP Free Interest Checking account, you'll enjoy competitive interest and unlimited check writing free from monthly service charges or minimum balance requirements. All the benefits of Totally Free Checking PLUS interest! Now that's value-added!

Open a Wall Street Checking account and earn higher interest rates with balances of $2,500 or more. If your balance falls below $2,500, you'll still earn competitive interest. Of course you'll benefit from unlimited check writing and avoid per check charges. If the minimum balance falls below $1,000, your account is charged just $8.

From our Totally Free Checking to Wall Street Checking, Home Federal has the right checking account to fit your current and future financial needs.

How about an account that earns like a CD, but has the convenience of a checking account? Open a Wall Street Select Checking account and you'll benefit from tiered interest rates, with higher rates paid for higher balances! Wall Street Select Checking offers no per check charge, unlimited check writing, easy-to-balance monthly statements, free images of cancelled checks, free online banking, free electronic bill pay and a free Visa Check Card. If your balance falls below $10,000, your account is charged just $25. Now that's convenience!

Paying yourself first is smart money management. And Home Federal makes it easy to accomplish your savings goals - whatever they are. Whether you're saving for a special purpose, like a vacation, or just want to tuck something away for a rainy day, choose from a variety of personal savings accounts to help you meet your goals.

A Statement Savings account is the first step toward reaching your savings goal. Open an account for as little as $50. Interest is compounded monthly and paid quarterly. Each month that your account has activity, you'll receive a monthly statement detailing deposits, withdrawals, any interest paid, as well as other transaction activity. Quarterly statements are given on accounts with no activity. You can view your statement right online whenever you logon to www.myhomefed.com.

Want to earn higher rates, but still enjoy the freedom to access your funds? Then our Money Market Savings account is the right account for you. Opening balances start at just $1,000. And the higher your account balance, the more generous the returns, because our Money Market Savings account pays higher interest for larger balances.

Accessing your funds is easy, because you'll get a set of free personalized checks to draw on your Money Market Savings account funds. You can write up to three checks per a monthly statement reflecting all activity. You can view your account statement online anytime, by logging onto www.myhomefed.com.

Whatever your savings needs, Home Federal has a great account to help you pay yourself first. Find out how you can get all your Home Federal account information reported on one convenient monthly statement by signing up for a combined statement.

Our Wall Street Select Money Market account is a great place to keep your savings while giving you penalty free access to your hard earned money. With tiered interest rates, the more you keep in the account, the higher interest rate you will earn. With Wall Street Select Money Market accounts, you'll benefit from free online banking, free first box of checks, FDIC insured funds and access to accounts by Homeline and eBanking, with just a $25 monthly service charge if balance falls below $25,000.

*Federal Regulations limit the number of preauthorized withdrawals per month to six with no more than three of those by check. TOP

Now there's an easier way to pay by check -- without writing one. It's Home Federal's Visa® Check Card. It's an ATM card, and much more. Use your Visa® Check Card at millions of locations worldwide.

Now you can leave your checkbook and extra cash at home. Use your Visa® Check Card instead of a check for all your everyday purchases - like household items, groceries, and clothing - and for special occasions or opportunities. It's accepted at any merchant location that accepts Visa® Check Cards, including hotels, car rental agencies, and for shopping by phone or on the Internet.

Very few merchants will accept out-of-town or out-of-state personal checks. But your Visa® Check Card is welcome for purchases worldwide. The Visa® Check Card is the perfect choice when you'd prefer to pay with checking account funds.

Just present your card at the time of purchase. The purchase amount, plus any additional cash you'd like back, is automatically deducted from your checking account. Use your receipt as a record of the transaction and be sure to log the amount in your checkbook register just as you would any check written. Your monthly Home Federal checking account statement details each transaction - date, amount, and merchant location - so balancing is easy.

There's no check to write, no identification to show, and no check approval to slow you down.

Your Visa® Check Card is still your ATM card. Continue to use it to withdraw cash, check balances, and transfer funds between linked Home Federal accounts at ATMs displaying the Plus®, Cirrus®, Visa®, or STAR® symbol.

To report a Visa® Check Card lost or stolen after business hours, on holidays, or weekends, call 1-800-754-4128.

Come to Home Federal and get the right loan for your individual needs. We keep the choices simple, the application short, and the response time quick. Once approved, you benefit from local servicing, so if you ever have a question, just ask.

Arrange to have your monthly payment automatically deducted from your checking account and enjoy ¼% discount on your consumer loan rate. It's a great way to save on interest, and avoid the hassle of paper-based payments. You can arrange for automatic deposit by completing the special form and dropping it by any Home Federal office location.

Before you buy your next car or truck, stop by Home Federal for a pre-approved loan amount. Fast approval and a competitive, fixed rate mean you've got the buying power to negotiate the best deal. Our auto and truck loans feature a choice of payment terms, for flexibility that fits your budget. Take advantage of additional savings by signing up for Automatic Payment.

Home Federal can help you buy nearly any type of vehicle you want, from that new motor home you have been wanting to head south for the winter or a snowmobile for exploring off-road. Let us help you make your recreational dreams come true.

Smart savers know that a Certificate of Deposit is a great way to secure their savings with some of the most competitive and consistent returns and the peace of mind that only comes with an FDIC insured savings instrument. Savvy Wall Street investors know it's a good idea to diversify a portion of their investment portfolio into these low risk investment vehicles.

Home Federal offers CDs with a wide variety of savings terms to meet your needs, from 90 days to ten years. So you enjoy the flexibility of having the funds available on your anniversary, for a child's graduation, or to automatically renew at the current rate and watch your savings grow!

Choose how you'd like the interest paid - reinvest it in the CD, or automatically deposit the earnings in another Home Federal account. You decide the payment options when you open your CD based on your personal savings needs. Then sit back, relax, and watch your money grow, confident that your funds are safe in a Home Federal certificate of deposit.

To open your Escalator CD, or for more information, visit any of our conveniently located branches today and speak with our friendly, knowledgeable Sales Associates.

Through the Certificate of Deposit Account Registry Service (CDARS), large deposits can now be placed by Home Federal into smaller-denomination CDs at multiple institutions. This service offers you significant benefits:

Interest is paid directly to you or to an account you designate. Each month, Home Federal will send you a statement listing all your CDs, the banks issuing the CDs, maturing dates, interest earned, and other details. By placing your funds through CDARS, you can earn income, preserve capital, access FDIC insurance on your total deposit, and benefit from the security that comes with a consistent banking relationship.

The safety of FDIC insurance coverage, the convenience of a local bank relationship.

Through CDARS, Home Federal offers you a safe, convenient opportunity to put your cash to work, while potentially benefiting from the protection of FDIC insurance on every dollar. And your personal finance information is protected.

To get started, please call or stop by Home Federal today to speak with a sales associate. TOP

Individual Retirement Accounts are one of the most viable answers to the question of how to assure a secure retirement.

Traditional IRAs are popular for many reasons. One of the benefits of a Traditional IRA is independence. IRAs can be opened and funded without any employer participation. Another advantage is immediate tax benefits*, with contributions and/or earnings being tax-deferred until retirement. IRAs also offer accessibility, with funds always being available, something not generally true of employer plans. IRAs also have the benefit of being flexible. There is no minimum contribution in any year, and you choose your investments and financial organization. Like all of our deposit products, Home Federal's IRAs are FDIC insured.

You may be wondering can I contribute to an IRA, and if I can, how much. If you're under 70 ½, and have earned income from employment you can contribute to an IRA. The maximum you can contribute to an IRA in 2004 is $3000. In 2005 the maximum is $4000. If you are over age 50, you may qualify to make a catch-up contribution of $500.

One of the immediate benefits of contributing to a Traditional IRA is a tax deduction many people receive on their income taxes*. A Traditional IRA contributor may receive a 100% deduction on their annual contribution if they meet select criteria. First, the IRA holder cannot be an active participant in an employer's retirement plan. Secondly, during 2004 they cannot have earned more than $60,000 (if married filing jointly), or $40,000 (if filing singly). In 2005 these amounts will increase to $65,000 (if married filing jointly) or $45,000 (if filing singly). For those who are participants in an employer plan, Traditional IRA deductibility is gradually phased out above these income levels.

If you are an eligible individual* and fall within certain income limitations, you may qualify for a tax credit of up to 50% of your retirement savings contributions that do not exceed $2000. An eligible individual is someone who is 18 years of age as of the close of the taxable year, not a dependent of another taxpayer, and not a full-time student.

Under certain circumstances, a Traditional IRA holder may wish to move their Traditional IRA from one financial organization to another. Assets may be moved in the following manner:

Unlike most employer retirement plans, in which access is limited to such events as change of employment, plan termination, reaching age of retirement, death, or disability, access to your Traditional IRA is always guaranteed. However, until age 59 ½, there is a 10% early distribution penalty, unless you qualify for an exemption*. Exemptions are disability, qualifying medical expenses, qualifying educational expenses, unemployment (under certain conditions), qualifying first time home purchase, death, receipt of your Traditional IRA assets in equal payments over your life expectancy, and IRS tax levies.

Beginning in the year that a Traditional IRA holder turns age 70 ½, distributions from their IRA must begin. These distributions are based generally on the person's Traditional IRA balance, divided by the applicable distribution period. Since the purpose of a Traditional IRA is to provide for retirement, IRA holders who fail to take their required distributions are subject to penalty.

Many people wonder what it is that makes the Roth IRA so unique. First, the money you contribute to a Roth IRA has already been taxed. So, as long as you stay within the contribution guidelines, the principal amount is never subject to taxes or penalties in the future. Second, this retirement plan allows the money you contribute to grow tax-deferred. If you do not withdraw any of the earnings until you have had a plan for at least five years, and satisfy one of the qualifying events, those tax-deferred earnings become tax-free.

Individuals can contribute up to $3000 in 2004 and up to $4000 in 2005, if their modified adjusted gross income (MAGI) is less than $95,000. If an individual's MAGI is between $95,000 and $110,000, they may contribute a reduced amount adjusted for their income. Married couples filing jointly may each contribute up to $3000 in 2004 and up to $4000 in 2005, if their MAGI is less than $150,000. Contributions for joint filers are reduced for MAGIs between $150,000 and $160,000. In addition, if an individual has reached age 50 by the close of the taxable year, a catch-up contribution of $500 may be made. Unlike the Traditional IRA there is no 70 ½ age limit on making contributions, nor are you ever required to take a minimum distribution from your Roth IRA.

If you satisfy two conditions, you may make tax-free, and penalty-free withdrawal from your Roth IRA. First, your Roth IRA must have been open for a minimum of five years. Second, the withdrawal must be made after the occurrence of one of the following events:

You may be wondering if you can move funds from your Traditional IRA to a Roth IRA, and the answer is "yes". There are specific rules that govern the process of converting funds from a Traditional IRA to a Roth IRA. Your MAGI must be $100,000 or less. If you are married, you must file a joint income tax return. All pre-tax dollars become taxable once the conversion is completed. The conversion must be completed within 60 days if the rollover occurs between two financial institutions*.

An ESA is an investment tool created for the purpose of paying for the future cost of a child's education. The plan allows total after-tax contributions of $2,000 per year for each child until they reach the age of 18. These contributions and their subsequent earnings are tax-free when withdrawn to pay for qualified education expenses. A qualified expense is one that is required for enrollment or attendance by your child at an eligible educational institution, including elementary, secondary, or post-secondary.

To contribute to an Education Savings Account there are two key limitations. First, each child can receive a total contribution of $2,000 per year from all sources. It does not matter if the contribution is made to a single account or multiple accounts designed to benefit the same child. Also, a person may be limited in the amount of their contributions if the modified adjusted gross income exceeds $95,000 for single filers, or $190,000 for joint filers. Above these income levels, the ability to contribute is phased out. If income exceeds $110,000 for single filers, or $220,000 for joint filers, no contribution is allowed.

Part of the flexibility of an Education Savings Account is that you may change the designated beneficiary (child). An example of why someone may wish to change the designated beneficiary is that the current designated beneficiary has completed their education and funds remain. The only stipulation is that the new designated beneficiary must be an eligible member of the family (children, grandchildren, stepchildren, brothers, sisters, stepbrothers, stepsisters, nephews, nieces, parents, stepparents, grandparents, aunts, uncles, cousins, and spouses of all the above listed family members). TOP

Home Federal has been helping homebuyers achieve their dreams since 1920, so no one understands real estate lending better than we do. Our customers enjoy a streamlined application process, and fast, local loan approval. When you're thinking about buying your next home, we'll help you find the best loan to realize your dream of homeownership.

Customers appreciate our Fixed Rate Mortgages because they feature a "locked" interest rate. That means you can depend on little or no change in your monthly payment amount, and be confident that it fits your budget. Commonly referred to as "Conventional Loans," you can opt to pay "points" - an upfront investment that reduces the rate and resulting monthly payment amount. In most cases, our Fixed Rate Mortgages don't charge a prepayment penalty, so you're free to make additional principal payments to directly shorten your loan term and save on finance charges.

One of the first loan types to consider is an IHFA loan. These loans are available under FHA, VA, and Conventional programs, but with lower interest rates and reduced down payment requirements. Depending on the county your home is in, some restrictions may apply, so talk to a Home Federal real estate expert to determine your eligibility. For more information, visit the Idaho Housing and Finance Association online at www.ihfa.org.

If you're a first-time homebuyer, be sure to ask about an FHA loan. FHA loans are government insured mortgages designed to help more people become homeowners. Compared to Conventional Loans, FHA loans require lower down payments and offer a reduced, fixed interest rate, so buying your first home is more affordable and attainable. And because you can use your FHA loan to finance part of the closing costs, you can save some cash for new furniture, appliances, or a rainy day.

If you've served in the US military, ask a Home Federal real estate loan expert about our VA loans. Designed to help our country's veterans, qualifying individuals can take advantage of VA loans with no down payment, and minimal closing costs. And because our VA loans never charge a prepayment penalty, you can save money and reduce the loan term by making additional principal payments.

Benefit from greater buying power and budget flexibility with an ARM loan. These loans start with a very low interest rate for an initial, predefined period, reducing your monthly payments to better manage your cash flow. Your ARM's rate adjusts periodically based on market conditions and your loan agreement. In some cases you have the option to convert to a Fixed Rate Mortgage after the first year.

Thinking about home improvements or upgrades? Need help funding a child's education? Put your home equity to work with a Second Mortgage loan for whatever you're planning. Our Second Mortgage loans work like consumer loans -- they're available in a variety of payment and maturity options. But unlike traditional consumer loans, the interest you pay may be tax deductible (check with your tax advisor to be sure). As with all Home Federal real estate loans, you enjoy fast credit decisions by local experts, making Second Mortgage loans an excellent choice to fund your next big project.

A Prime Mortgage loan is an ideal choice when you find the perfect home but want to save some of your cash for improvements, new furniture, landscaping, etc. It's also a great way to refinance without paying the up-front expenses, because you pay no closing costs. Here's how it works - all your closing costs, including origination fees, discount points, credit reports, title insurance, inspection fees, certification fees, and more, are offset by a modest increase in your loan rate. Ask your Home Federal real estate representative if the Prime Mortgage loan is right for you.

Keeping it simple is what a Construction Permanent loan is all about. One application, one credit review, one approval, and you're off and building. The construction loan portion builds your dream home; the fixed rate mortgage portion gives you a new place to call "home." Free yourself from the financial complexities that come with building a home, with Home Federal's Construction Permanent loan.

Contact investment manager Michael Vanderhoff or investment associate Kathy Gaskell for a FREE consultation or for more information about any of these products and services.

Michael Vanderhoff: 208-468-4645

Kathy Gaskell: 208-468-5106

*Investments are offered through Prime Vest Financial Services, an independent registered broker/dealer, member SIPC/FINRA.

If your business regularly has a large transaction volume, either with several items in your deposit, or currency and coin items, then our Commercial Analyzed Checking account is perfect for you. Each month, the cost of servicing the account is compared with the earnings dollars. When the earnings exceed the cost of servicing the account, there is no maintenance fee assessed. For more details and a complete list of checking account fees, see our "Business Solutions Service Charges & Fees." Visa® Check Card, Line of Credit, Merchant Services, and online Bill Pay are available.

If you are a sole proprietor, a small business, or even a corporation with limited transaction volume, you'll really appreciate our Small Business Checking account. With an average monthly balance of $1,500, there's no monthly service charge. If your average account balance dips below $1,500, your account is charged just $10. You can write up to 30 checks per statement cycle, and each check beyond 30 is only $0.20. For more details and a complete list of checking account fees, see our "Business Solutions Service Charges & Fees." Visa® Check Card, Line of Credit, Merchant Services, and online Bill Pay are available.

Non-profit organizations, lodges, and other community groups will love the simplicity and convenience of our Community Checking and they will earn interest! With a minimum average monthly balance of just $300, you earn competitive interest and there's no monthly service charge. If your average account balance dips below $300, your account is charged just $5. You can write up to 10 checks per statement cycle, and beyond 10, each check is just $0.20. For more details and a complete list of checking account fees, see our "Business Solutions Service Charges & Fees."

BizLine is our newest commercial line of credit designed specifically for small business customers with big ideas. It's an unsecured, revolving credit line that you only need apply for once. Once your BizLine is approved, you can devote your time to the business at hand, not on the volumes of paperwork frequently required for other types of business loans. Applying is easy and approvals are made right here in Idaho, so you enjoy fast credit decisions.

With BizLine, you can put big ideas to work. Generous line amounts are available for up to $50,000 so you don't miss opportunities that help your business prosper and grow.

Using your BizLine is fast and immediate. Access funds in any one of these convenient ways:

3. By writing a check for the desired amount over your current checking account balance. BizLine will cover the amount in $500 increments up to your available line amount.

Enjoy freedom from worry and overdraft expense should your checking account inadvertently become overdrawn. Once approved, your BizLine is set up to automatically transfer funds to your Home Federal business checking account in $500 increments to cover any overdrafts.

Since BizLine is expressly designed for business purposes, any interest paid may be tax deductible, but check with your tax advisor to be sure.

Making your monthly payments is no big deal - besides, you have more important things to do. Your Home Federal business checking account automatically pays any outstanding BizLine interest charges plus 2% of any principal balance owed on the 10th of each month. And you enjoy flexibility when making principal payments, because as long as your account is in good standing, you choose whether to make additional principal contributions of any amount, at your convenience.

Home Federal provides a variety of commercial loan programs available to meet the individual requirements of your business. Our commercial specialists have the experience and the knowledge to help your business grow.

When it's time for a new building for your business, we can help you finance the land and the construction. We offer construction loans, permanent loans, and a combination single closing transaction. Home Federal makes commercial real estate loans throughout Idaho and we have active loans in Emmett, Idaho Falls, Pocatello, Mt. Home and as far north as Valley County. Our loan decisions are made locally and quickly. Home Federal retains your loan for your servicing convenience.

Home Federal also offers premier loans to investors. We have financed mini-storages, apartments, condos, office/warehouse/medical, and professional and industrial properties throughout Idaho.

If you are considering the purchase of equipment or other fixed assets, term loans are an excellent source of funds. We offer flexible financing options and swift processing of your funding request.

Our newest commercial line of credit, BizLine, is designed specifically for small business customers. It's an unsecured, revolving credit line that you only need apply for once. Applying is easy and approvals are made right here in Idaho, so you enjoy fast credit decisions. Click here for more information.

A Line of Credit works well to meet short-term liquidity needs. Whether your goal is to increase your inventory or deal with seasonal cash flow needs, Home Federal's Commercial Line of Credit may be just the product for you.

SBA guaranteed loans provide financing solutions for small businesses with limited working capital. Home Federal utilizes the SBA 7 (a) and 504 loan programs.

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Contact Information
Mailing Address: Attn: Customer Services P. O. Box 190 Nampa, Idaho 83653	Customer Services: 1-800-888-7283 or Locally: (208) 466-4634
Home Line: 1-800-871-9505 or Locally: (208) 468-5000 Hours: Monday - Friday 8:30 a.m. - 6:00 p.m. Saturday 9:00 a.m. - 5:00 p.m.	HSA Sales Associate: 1-800-888-7283 x5209 Direct: (208) 468-5209 Fax: (208) 468-5045