**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 II                                 |       | 100                               | %          | Delaware                                                   |       |
|               |       |                                                           |       |                              |       |                                                       |       |
| HF Financial Corp. |       | HF Financial Capital  Trust III                                |       | 100                               | %          | Delaware                                                   |       |
|               |       |                                                           |       |                              |       |                                                       |       |
| HF Financial Corp. |       | HF Financial Capital  Trust IV                                 |       | 100                               | %          | Delaware                                                   |       |
|               |       |                                                           |       |                              |       |                                                       |       |
| HF Financial Corp. |       | HF Financial Capital  Trust V                                  |       | 100                               | %          | Delaware                                                   |       |
|               |       |                                                           |       |                              |       |                                                       |       |
| 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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