Mr. Stevens’ retirement as the Company’s President and Chief Executive Officer and as the Bank’s Chief Executive Officer is effective today. Mr. Stevens will continue to serve as Chairman of the Board of the Company and the Bank. The Company previously announced Mr. Stevens’ plans for retirement and for his succession by Mr. Williams, who was hired as President of the Bank in September 2006 as part of the Company’s management transition strategy.

“Dan’s leadership and dedication are evident in the success the Company and Bank have experienced over the years. He is responsible for taking the Company public in 2004 and, more recently, for the successful completion of the Bank’s second-step conversion on December 19, 2007,” stated Mr. Williams. “I look forward to continuing Dan’s efforts in the successful operation of the Company and the Bank and moving forward with our established strategic plan,” he continued.

Mr. Stevens commented, “The rest of the directors and I are very pleased that Len is taking over the management of the Company and of the Bank. Our transition over these past several months has been productive and very smooth. I’m excited to provide my support from the Board Room and to watch Len continue in his strong leadership of our organization and to implement his team’s operating and strategic plans.”

Mr. Stevens’ many contributions to the Company and the Bank were further recognized by the Board of Directors. The Board also recognized Mr. Malson for his service as a director to the Company and the Bank since 1986.

Home Federal Bancorp, Inc. is a Maryland corporation headquartered in Nampa, Idaho, and is the savings and loan holding company of Home Federal Bank, a federal savings bank that was originally organized as a building and loan association in 1920. The Company serves the Treasure Valley region of southwestern Idaho that includes Ada, Canyon, Elmore and Gem Counties, through 15 full-service banking offices and two mortgage loan centers. The Company’s common stock is traded on the NASDAQ Global Select Market under the symbol “HOME.” The Company’s stock is also included in the America’s Community Bankers NASDAQ Index. For more information, visit the Company’s web site at www.myhomefed.com.