Michigan City, IN. — Horizon Bank announces the purchase of property in the Northeast corridor of Indianapolis at the corner of 38th and North Arlington. The first phase of the plan is to build a full service-banking center to include opening of deposit accounts, assisting with deposits and withdrawals, offering new loans and accepting loan payments to serve the local community.
“The purchase of this property demonstrates Horizon’s commitment to serving the greater Indianapolis area by providing a welcoming environment for customers and a foundation of opportunity for local residents”, stated Craig Dwight, Horizon’s Chief Executive Officer. “We are excited to extend our footprint in the Indianapolis area. Our primary focus will be to provide customized financial solutions that contribute to the economic growth of the northeast corridor consistent with the voiced needs of the community,” continued Dwight.
Horizon has obtained regulatory approvals to operate this new location and is currently working on building and site plans. Additional details will be shared as the building plans are finalized.
“We are looking forward to offering a full array of banking services to assist business with access to capital and local residents with access to financing from fresh start loans to affordable mortgages. Our Advisors will also be onsite offering a variety of deposit accounts and assist with routine banking transactions – even after hours with our Video Tellers”, stated Dan Hampton, Horizon’s Regional President, Central Indiana.
Along with full service banking, Horizon will staff the new office with several on-site, experienced banking Advisors, offer financial literacy programs and added space for one-on-one and group meetings.
“We welcome Horizon Bank and look forward to a partnership that will open doors to the availability of financial services and programs that will strengthen the opportunities within our community”, stated Ashley Gurvitz, Chief Executive Officer – Executive Director for United Northeast CDC, Alliance for Northeast Unification.
About Horizon Bank
Celebrating 150 years, Horizon Bancorp is a locally owned, independent, commercial bank holding company serving Indiana and Michigan through its commercial banking subsidiary Horizon Bank. Horizon also offers mortgage-banking services throughout the Midwest. Horizon Bancorp may be reached online at www.horizonbank.com. Its common stock is traded on the NASDAQ Global Select Market under the symbol HBNC.
About Alliance for Northeast Unification
Powered by the United Northeast Community Development Corporation (UNEC), The Alliance for Northeast Unification’s (ANU) mission is to improve the quality of life within Northeast Indianapolis. Through a collective community impact model, ANU is focused on equitable community development initiatives that mutually benefit both residents, businesses, and other community service providers.
Established in 2017, ANU was launched through the partnership of the United Northeast Community Development Corporation and the Meadows Community Foundation. With the ever-growing needs of collaboration, to date the ANU supports the ANU President’s Council, ANU Community Partner Collective, DIP-IN – Northeast Neighborhood, LISC’s NE Corridor Quality of Life Plan, and the Soul & Salsa Initiative.
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Contact: Cindy Pressinell
Senior Vice President
Phone: (219) 873-2692