Articles

MIJUNG LOMBARDI APPOINTED TO HORIZON COMMUNITY BANK’S MARKET PRESIDENT FOR THE TRI-STATE AREA

LAKE HAVASU CITY, Ariz.—September 5, 2019— Horizon Community Bank is pleased to announce Mijung Wee Lombardi has been appointed as Market President at its Fort Mohave, Arizona branch. As Market President, she will handle branch operations, business development and customer relationships for the bank in the Tri-State area, which includes Fort Mohave, Ariz., Bullhead City, Ariz., Laughlin, Nev. and Needles, Calif. Ms. Lombardi has been with Horizon Community Bank...

RALPH TAPSCOTT APPOINTED AS HORIZON COMMUNITY BANK’S NEW PRESIDENT AND COO

LAKE HAVASU CITY, Ariz.—August  30, 2019— Horizon Community Bank is pleased to announce the Board of Directors has appointed Ralph Tapscott as President and Chief Operating Officer. Mr. Tapscott succeeds Jerry Ernst who will remain as Chief Executive Officer until retiring from day to day management of the bank around the end of the year, as previously announced. Mr. Ernst will continue to serve on the Board of Directors for...

Horizon Bancorp, Inc. releases 2Q financial highlights, more than 37.5% growth in June 2019 pre-tax income

Whiz kid, youngest ASU Havasu graduate wants to join space race

  ASU Havasu’s youngest alum wasn’t always impressing his teachers. At the age of 5, Austin Leake somehow graduated from spirited youngster to being treated like a problem child at school. Today, the 18-year-old is getting ready to tackle his second bachelor’s degree through Embry-Riddle Aeronautical University. But as a child, his classroom smarts initially puzzled his teachers. They labeled him an unruly troublemaker. His mother was furious. She...

Rebecca Goldberg Appointed to Horizon Community Bank’s Top Leadership Position for Marketing

  LAKE HAVASU CITY, Ariz.—April 2, 2019— Horizon Community Bank is pleased to announce Rebecca Goldberg has been promoted to a top leadership position at its main branch in Lake Havasu City, Arizona. As AVP/ Marketing and Business Development Officer, she will be handling marketing operations for all branches, business development and customer relationships for the bank in the Lake Havasu City market. Goldberg brings extensive experience to the...

Cash flow 101: smart financial tactics to help your business grow

Should CDs be in the mix of finance tools for a SMB?

Cash flow for a business can be a complicated balance of spending versus saving, but here’s a simple idea from the personal banking side that might be useful: stash extra cash in a certificate of deposit (CD). This common retirement tool makes sense to consider as a safe harbor for business funds, too. Not only does it protect revenue from market fluctuations and accidental spending, but it earns interest.

Can you afford a commercial mortgage?

Here’s what to know before you talk to a banker If making the switch from leasing to owning office space is on your mind, deciding if you can afford a commercial mortgage isn’t quite the cut-and-dried question it might seem. A simple loan calculator can’t replace conversations with a smart commercial banker that knows the finer nuances of conventional versus SBA loans. Plus, their review of your cash flow...

This is the smartest way to finance IT equipment that becomes obsolete quickly

How do we finance information technology (IT) equipment? The best option might surprise you. Technology is expensive, and like a new car that drops a hefty chunk of its value rolling off the lot, it becomes less valuable over time. It’s a major expense that needs replacement fairly often and like a new car purchase, there are two ways to finance it: purchased or leased. 

SBA loans every business owner should be aware of

Business loans can be confusing, especially when it comes to the finer nuances of SBA and USDA loans. Therefore, we’ve created an infographic to help clarify the primary differences between a few of the most popular types of loans: SBA 7(a) and 504 loans, which have a government guarantee for the lender through the Small Business Administration, and USDA loans, which are a similar product for rural area growth through...