Reaffirmation of $6,000,000 Revolving Line of Credit Facility between First Tennessee Bank and HF Financial Corp.

EXHIBIT 10.10

June 26, 2008

Brent Olthoff

HF Financial Corp.

P.O. Box 5000

Sioux Falls, SD 57117 – 5000

Dear Brent:

I am pleased to confirm First Tennessee Bank National Association’s reaffirmation of HF Financial Corp’s Six Million Dollar ($6,000,000.00) Revolving Line of Credit facility.  The line will mature on September 30, 2008.  The short maturity will allow FTN Financial the opportunity to perform an on-site due diligence of Home Federal Bank (Bank). Once complete, FTN Financial will submit a request to renew the line for a full one year.

In the interim, the Line of credit may be used for: i) capital infusion to its subsidiaries to support growth and/or other liquidity needs. Interest on the outstanding balance will be payable quarterly at a variable rate per annum on the outstanding balance. The variable rate of interest shall be a 1/4% discount to First Tennessee Bank’s Base Rate, which is currently 5.00%.  Thus, your borrowing rate today would equal 4.75%. Again, the maturity date of the commitment is September 30, 2008.

The line will continue to be governed by the following covenants:

·                  ROA >= 0.60% (Consolidated Basis)

·                  Leverage Ratio >= 6.00% (Bank)

·                  NPLs/TLs <2.50% (Consolidated Basis)

Please keep in mind that these covenants will be tested on a quarterly basis.  A portion of the bank’s stock will be required to secure the loan if Borrower and/or Bank is in default of one or all covenants governing the Line of Credit. This will only apply if the line is funded.

Brent, it is a pleasure of First Tennessee Bank to provide this commitment to your institution. I will be in touch in the coming weeks in order to schedule a due diligence trip.  Please do not hesitate to call if you have any questions.

Sincerely,