The Great Depression of the 1930s saw the failure of 10,000 of the nation’s 25,000 banks, including two of Michigan City’s five financial institutions. President Franklin Roosevelt’s “bank holidays” closed U.S. banks for 10 days in 1933 and...
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1926-1975 Building Trust in the Community
How Student Loans Affect You
Whether your high school graduation is just around the corner or you already have a year or two of dorm life under your belt, you may be concerned about student loan debt. It is widely known that many college students end up borrowing money to help...
Read MoreIndiana Pumpkin Production Good, Even With ‘2 Seasons’
Indiana pumpkin producers overall were happy with production yield and prices this year, even with "two seasons" of drastically differing weather during the summer, a Purdue University plant pathologist says. Dan Egel said it was an average year for...
Read MoreTake Advantage of Uncle Sam’s Help to Save for Retirement
Check below to see how much you can save for retirement in tax-advantaged accounts in 2013. Cost-of-living adjustments are reflected in retirement account contribution limits for 2013, although catch-up contributions remain unchanged. The adjusted...
Read MoreRetirement Plans for Small Businesses
If you’re self-employed or own a small business and you haven’t established a retirement savings plan, what are you waiting for? A retirement plan can help you and your employees save for the future. Tax advantages A retirement plan can have...
Read MoreTeaching Your Teen About Money
Your teen is becoming more independent, but still needs plenty of advice from you. With more money to spend and more opportunities to spend it, your teen can easily get into financial trouble. So before money burns a hole in your child’s pocket,...
Read MoreWatch Out for Debt Consolidation Fraud
Getting out of debt is an important goal for many people. Debt consolidation on can help individuals by simplifying their payments to avoid missing payments and possibly offering lower interest rates than they are currently paying. Unfortunately,...
Read More10 Painless Ways to Boost Retirement Savings
Good intentions are always important, but action is what makes them truly meaningful. Most people intend to save for retirement, but they sometimes fall short on the follow-through. According to the 2012 Retirement Confidence Survey, two-thirds of...
Read MoreHorizon Bancorp Announces Record Quarterly and Six-Month Earnings
Horizon Bancorp today announced its unaudited financial results for the three and six-month periods ended June 30, 2013. SUMMARY: Second quarter 2013 net income rose 15.4% compared to the same period in 2012 to $5.7 million or $.62 diluted earnings...
Read MoreFinding Your Path to Homeownership
Are you ready to find a home? Take the quiz shown below to find out! It will help you determine whether you are on your way to becoming a home owner or whether you should hold off for a while. With Horizon Bank, big financial questions like this are...
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