Investing your Tax Refund

Once again it’s that time of year when tax season is upon us. You may already be making plans for that refund and thinking of all the things you can do with that money. As for others, you may not have planned well or life got in the way. Now you are not exactly sure how you are going to make ends meet. In either situation we at HCB...

Are you saving as much as you would like?

There are plenty of reasons to open a savings account: Emergencies, large purchases, vacations, college tuition, Christmas, or simply to lay a foundation for your long-term financial stability. One of the first steps to saving is spending less. Realizing how much you spend in certain areas encourages you to make changes like not eating out or shopping less regularly. Those small purchases add up. Monitoring your expenses ultimately leads...

If mobile banking wasn’t your top priority in 2012, it better be for 2013 Accounts.

Marketing veteran Drew McLelland said if mobile banking wasn’t your top priority in 2012, it better be for 2013. “This isn’t optional for financial institutions that want to be in business in 2020,” said McLelland. “It’s really that simple.”Branding consultant Sean McDonald agrees: “Mobile banking, remote deposit capture, and all of the technology associated with these things will continue to be the fastest-growing trend in our industry.” Excerpt taken...

STAR News Article

In the last few years, both banks and credit unions have offered rewards checking accounts with terrific interest rates.  While the interest rates have dwindled in our economy, these rewards accounts are still very appealing. Horizon Community Bank offers a STAR Reward Checking Account for individuals who are looking to earn interest on their checking account and desire the convenience of internet banking paired with the use of a...

Business Loans and Business Accounts

The start of a new calendar year provides business owners and consumers hope that good fortunes will come their way. To help good fortunes to come, business owners need to review their existing business plans to help navigate their business to make sure they have the buying power and staying power needed to sustain their growth in 2013, and the years to come. At Horizon Community Bank, we have...

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit...

Horizon Community Bank Now Offers Competitive Equipment Leasing Programs

Since its inception, one of the principal missions of Horizon Community Bank (“HCB”) has been to serve the needs of small business owners in the Arizona markets in which it operate.  If you are a business owner, regardless of the industry sector in which you operate, you likely have some kind of equipment need that allows you to deliver your products or services to your clients.  For many businesses,...

FBI Warning on Internet Doomsday Awareness

The FBI has been warning consumers that criminals have infected millions of computers around the world with malware called DNS Changer which allows them to control DNS servers. As a result, the cyber thieves have forced unsuspecting users to fraudulent web sites, interfered with their web browsing, and made their computers vulnerable to other kinds of malicious software. This malware; which can infect both Windows PCs and Apple Macintosh...

The Importance of Financial Reporting

“Why is financial reporting important to the bank?”  “Why is financial reporting important to my business?”  “I pay my loan on time every month.  Why do I need to continually send in tax returns and financial statements?”  If you have ever asked these questions, you’re probably not alone.

Understanding Cash Cycles

Many businesses, both large and small, fail to really understand or even the importance of understanding the flow of cash through their business. There are an enormous number of situations and issues to be addressed to effectively manage this and the issues can vary substantially from one business type to another. However, some of the issues addressed here will hopefully answer some of your questions and help lead you to a better understanding of just what issues can...