13D Filing: Maltese Capital Management LLC and Hf Financial Corp (HFFC)

Item 1.    Security and Issuer.

The class of equity securities to which this statement relates is the common stock (“Common Stock”) of HF Financial Corp. (the “Issuer”), a company incorporated in Delaware, with its principal office at 225 South Main Avenue, Sioux Falls, SD 57104.

Item 2.    Identity and Background.

(a)    This statement is being filed by (i) Maltese Capital Management LLC, a New York limited liability company (“MCM”), (ii) Maltese Capital Holdings, LLC, a Delaware limited liability company (“Holdings”), and (iii) Terry Maltese, Managing Member of MCM and Holdings, with respect to shares of Common Stock that each of the foregoing may be deemed to have a beneficial ownership.  The foregoing persons are hereinafter sometimes referred to collectively as the “Reporting Persons”.  Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.

The managing member of Holdings and MCM is Mr. Maltese. In his capacity as managing member of Holdings and MCM, Mr. Maltese exercises voting and dispositive power over all shares of Common Stock beneficially owned by Holdings and MCM.

The filing of this statement should not be construed as an admission that any of the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of any shares of Common Stock except to the extent reported herein.

(b)    The address of the principal offices of each of Holdings and MCM, and the business address of Mr. Maltese is Maltese Capital Management LLC, 150 East 52^nd Street, 30^th Floor, New York, NY 10022.

(c)    The principal business of Holdings is that of acting as general partner for certain investment partnerships. The principal business of MCM is that of providing administrative and management services to certain partnerships and investment entities. The present principal occupation or employment of Mr. Maltese is Managing Member of MCM and Holdings.

(d)    During the last five years, none of Holdings, MCM, or Mr. Maltese has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

(e)    During the last five years, none of Holdings, MCM, or Mr. Maltese has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which such person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

(f)    Mr. Maltese is a U.S. citizen.

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