Welcome LibertyBank Customers!
Welcome Former LibertyBank Customers
LibertyBank is now Home Federal Bank
On Friday, July 30, 2010, Home Federal Bank acquired the banking operations of LibertyBank headquartered in Eugene, Oregon. For additional information about this transaction, view the FDIC's Press Release. You can find out more about Home Federal Bank by touring our website and by reviewing our press release.
Our goal is to build lasting relationships with our customers. So while there may be some changes, the fundamental philosophy and commitment to relationship banking that you’ve experienced with LibertyBank are here to stay. We will continue to work hard to ensure a smooth transition for our customers as important changes are made.
Also, rest assured that all of your deposits have been assumed by Home Federal Bank and you can continue to enjoy FDIC coverage up to insurable limits. You can learn more about FDIC insurance by visiting the FDIC website.
Continue to Access Online Banking
Remember to bookmark the Home Federal Bank website, www.myhomefed.com, for future reference. You can access your current online banking services for account information, eStatements, and bill pay using the links below:
Online Consumer Banking
Online Small Business Banking
Online Business Banking
The FDIC has assembled useful information regarding your relationship with LibertyBank. Please click this link to read additional information the FDIC has compiled that should answer many of your questions regarding this event.
YOUR MONEY IS SAFE! No one lost any money on deposit at LibertyBank as a result of the closure of LibertyBank.
ACCESS TO YOUR MONEY: The total balance in your account(s), including checking, savings, money market, non-brokered Certificates of Deposit, and retirement accounts, has been transferred to the Home Federal Bank and will be available for transactions during regular business hours at the former LibertyBank branches. You may continue to use your outstanding checks and they will clear up to the balance in your account. Your ATM/Debit card will continue to work as usual.
DIRECT DEPOSITS: All direct deposits, for example, social security checks, payroll, veteran’s benefits, welfare and/or disability, unemployment or any payment you receive electronically will continue as usual.
AUTOPAYMENTS/BILLPAY: These services will continue as usual.
INTEREST RATES: Interest on deposits accrued through close of business the day the bank was closed will be paid at your same rate. Current rates will be reviewed and may be lowered; however, you may withdraw funds from any transferred account without early withdrawal penalty until you renew your Certificate of Deposit.
SAFE DEPOSIT BOXES: You may continue to access your safe deposit box during normal business hours.
OVERDRAFT LINES OF CREDIT: These lines have been transferred to Home Federal Bank. Please contact us if you have additional questions regarding your accounts.
LOAN PAYMENTS: You should continue to make your payments according to the terms of your written contract unless you receive a letter directly from the FDIC with specific instructions. You may continue to make your payments at the branch office or send it to the same payment address with checks made payable to the LibertyBank or Home Federal Bank.
ESCROW PAYMENTS: All services previously performed related to your loan will continue. Should you receive notification that any portion of your taxes or insurance were not paid, notify your loan officer immediately.
LOANS IN PROCESS: Please contact your current loan officer directly.
SHARES OF STOCK: All shares of stock were owned by the holding company, Liberty Financial Group, Inc., Eugene, OR. The holding company was not included in the closing of the bank or the resulting receivership. If you are a shareholder of the holding company, please do not contact or file a claim with the receiver. You must contact the holding company directly for more information:
Liberty Financial Group, Inc.
355 Goodpasture Island Road, Suite 200
Eugene, OR 97401
CLAIMS: If you are a vendor or contractor for LibertyBank, please send claims for unpaid bills for services provided before July 30, 2010, to the following address:
FDIC as Receiver for LibertyBank
40 Pacifica, Suite 1000
Irvine, CA 92618
Attention: Claims Agent
DEPOSIT INSURANCE INFORMATION: If you have accounts in both LibertyBank and Home Federal Bank, they will be insured separately for at least six months following the merger of the institutions. This will allow you time to restructure your accounts if necessary.
ADDITIONAL QUESTIONS: You may contact the FDIC Call Center at the number provided below with any additional questions:
FDIC Call Center
Toll free number 1-800-523-8159
Hours of Operation – Pacific Time
Friday, July 30, 2010: Until 9:00 p.m.
Saturday, July 31, 2010: 9:00 a.m. – 6:00 p.m.
Sunday, August 01, 2010: Noon – 6:00 p.m.
Thereafter: 8:00 a.m. – 8:00 p.m.
SCAMS: Be watchful for and resistant to any scams to obtain information from you by individuals or entities stating that they are acting on behalf of either LibertyBank, Home Federal Bank, or the FDIC. Should you be contacted by anyone requesting private information from you related to this event, please contact the call center above and you will be directed to the appropriate person.