Exhibit 99.1

DATE:  February 27, 2004

FOR IMMEDIATE RELEASE

CONTACT: HFB Financial Corporation, Middlesboro, Kentucky
         David B. Cook, President or
         Stanley Alexander, Jr. CFO
          (606) 248-1095



                 HFB FINANCIAL CORPORATION ANNOUNCES APPROVAL OF
                GOING PRIVATE TRANSACTION AND PAYMENT OF DIVIDEND



     February  27, 2004 - HFB  Financial  Corporation  announced  today that its
shareholders  approved the Agreement and Plan of Merger, dated October 28, 2003,
at a  special  meeting  of the  shareholders  held  on  February  24,  2004.  As
previously announced by HFB Financial, the purpose of the merger is to reduce to
the  number of  shareholders  of record in order to allow HFB  Financial  to "go
private." HFB Financial  announced  that the effective time of the going private
transaction was as of 5:00 p.m. on February 26, 2004.

     Pursuant to the  Agreement  and Plan of Merger,  shareholders  who own less
than 250  shares of HFB  Financial  common  stock at the  effective  time of the
merger will receive $22.75,  in cash, per share owned upon receipt of a properly
completed letter of transmittal.  Shareholders who own 250 or more shares of HFB
Financial  common stock will continue to own their shares  following the merger.
HFB Financial will soon send  instructions to  shareholders  who it believes own
fewer than 250 shares as of the effective  time  concerning how they may receive
the cash  payment  to which they may be  entitled.  In order to  facilitate  the
payment of the merger consideration, HFB Financial has closed the stock transfer
books  effective as of  immediately  before the merger until March 29, 2004 when
they will be reopened.  During that period,  no transactions in our common stock
may be affected.

     HFB Financial  delisted from NASDAQ  effective  prior to the market open on
February 27, 2004 and intends to terminate  its reporting  obligations  with the
Securities Exchange Commission in the near future.








     HFB Financial also  announced  that its Board of Directors  declared a cash
dividend of $.25 per share to  stockholders of record as of March 15, 2004 to be
paid on March 31, 2004.

     HFB Financial is a bank holding  company and its banking  subsidiary,  Home
Federal Bank  Corporation,  offers  traditional  banking  services in its market
area. Home Federal Bank Corporation is  headquartered  in Middlesboro,  Kentucky
and has two branch offices located in Harlan,  Kentucky and one branch office in
Jacksboro, Tennessee and one branch office in New Tazewell, Tennessee.