**EXHIBIT 21.1**

 

**Subsidiaries of the Registrant**

 
| **Parent**         | ** ** | **Subsidiary**                                                | ** ** | **Percentage  of Ownership** | ** ** | **State of Incorporation  or Organization** |
|--------------------|------------|---------------------------------------------------------------|------------|------------------------------|------------|---------------------------------------------|
|               |       |                                                          |       |                         |       |                                        |
| HF Financial Corp. |       | Home Federal Bank                                             |       | 100%                         |       | Delaware                                    |
|               |       |                                                          |       |                         |       |                                        |
| HF Financial Corp. |       | HomeFirst Mortgage Corp.                                      |       | 100%                         |       | South Dakota                                |
|               |       |                                                          |       |                         |       |                                        |
| HF Financial Corp. |       | HF Financial Capital Trust I                                  |       | 100%                         |       | South Dakota                                |
|               |       |                                                          |       |                         |       |                                        |
| HF Financial Corp. |       | HF Financial Capital Trust II                                 |       | 100%                         |       | South Dakota                                |
|               |       |                                                          |       |                         |       |                                        |
| HF Financial Corp. |       | HF Financial Capital Trust III                                |       | 100%                         |       | South Dakota                                |
|               |       |                                                          |       |                         |       |                                        |
| HF Financial Corp. |       | HF Financial Capital Trust IV                                 |       | 100%                         |       | South Dakota                                |
|               |       |                                                          |       |                         |       |                                        |
| HF Financial Corp. |       | HF Financial Group, Inc.                                      |       | 100%                         |       | South Dakota                                |
|               |       |                                                          |       |                         |       |                                        |
| Home Federal Bank  |       | Hometown Insurors, Inc.                                       |       | 100%                         |       | South Dakota                                |
|               |       |                                                          |       |                         |       |                                        |
| Home Federal Bank  |       | Mid-America Service Corporation                               |       | 100%                         |       | South Dakota                                |
|               |       |                                                          |       |                         |       |                                        |
| Home Federal Bank  |       | PMD, Inc.                                                     |       | 100%                         |       | South Dakota                                |
|               |       |                                                          |       |                         |       |                                        |
| Home Federal Bank  |       | Mid America Capital Services, Inc.  d/b/a/Mid America Leasing |       | 100%                         |       | South Dakota                                |
|               |       |                                                          |       |                         |       |                                        |
| Home Federal Bank  |       | Home Federal Securitization Corp.                             |       | 100%                         |       | Delaware                                    |

 

The financial statements of HF Financial Corp. are consolidated withthose of its subsidiaries.

 

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