Home Federal on tough times in the economy shut down many, many line of credits with out a letter or warning to customers. Even after we had heard that other banks were canceling their line of credit we inquired Home Federal what there position was going to be.
They lied. (THEY CANNOT BE TRUSTED)
We were told they were not going to close line of credits. Yet I have spoken with so many other customers and they received the same treatment.
It did not matter if you had tens of thousands in your accounts, they closed them.
I have since advocated to all HOME FEDERAL CUSTOMERS if you have a line of credit. Watch out because they will close your account with out notice.
They cannot be trusted!!
It appears that Home Federal may have been in financial trouble. As I met with the President of Home Federal and asked for it to be reopened and I inquired if they were in trouble he indicated they were. Why do you think that they closed most of the Wal Mart locations and other locations
Not the same bank that I started with 12 years ago and had run millions of dollars through the bank.
Good Luck!!!!
more