Horizon Bank

A sound financial strategy is the foundation for a successful business venture, and for this reason we’ve created a series about the different aspects of building a financial plan. This week’s topic: the income statement. What is an Income...

When an individual acquires ownership of an asset – whether it is a home, a motor vehicle, a boat, or any other type of property – it is important to understand the significance of various types of ownership designations. Ownership of an asset by...

The Salvation Army needs our help! Their shelves are bare and their freezers are empty, and they are in dire need of items to replenish their food pantry. In response, the Horizon Cares Committee is organizing a food drive for the entire month of...

QUESTION: Why should I convert my traditional IRA to a Roth IRA? What are the benefits? ANSWER: Depending on your personal situation, there are many reasons why a conversion from a Traditional IRA to a Roth IRA may be a good idea. The primary benefit...

A last will and testament is a legal document that determines what happens to your property after your death. It is an estate-planning tool that is often used in conjunction with other devices, such as a trust. Making a will is a responsibility, as...

A sound financial strategy is the foundation for a successful business venture, and for this reason we’ve created a series about the different aspects of building a financial plan. This week’s topic: the balance sheet. What is a Balance Sheet? A...

These days, you can do just about anything on the Internet. It’s no wonder that banks are picking up on the trend and shifting to electronic payment services, such as Online Bill Pay. These services streamline the payment process, making it quicker...

Horizon Bank, one of the leading community banks in Northwest Indiana, recently became a member of the MoneyPass ATM network, which brings additional convenience to our customers. With nearly 20,000 ATMs nationwide, the MoneyPass ATM network adds...

A 401(k) plan is a retirement account that’s sponsored by your employer. An alternative to a traditional retirement plan, it’s the preferred choice of small businesses because of its favorable 401(k) contribution limits. With a 401(k), you can...

A home is likely the largest investment you’ll ever make. Based on the magnitude of the purchase, the home buying process can be exciting, challenging and even a little stressful. We know what a big decision you have to make, especially for first...