Horizon Bank Revenue and Competitors

In 1873, Horizon Bank was founded in Michigan City, Indiana – a small settlement on a sand hill at the southeastern tip of Lake Michigan. The city’s early leaders were able to turn sand into prosperity by selling it to glass manufacturers, starting Michigan City on the road to economic growth and development. Throughout the last six generations, Horizon Bank has grown and evolved along with the city, providing comprehensive financial services and community activism. The Bank received its original charter in April of 1873 as ‘First National Bank.’ By the turn of the century, the Bank had brought the ‘gold standard’ to customer service in banking by opening the first-ever ‘drive-up window’ to protect the payroll of gold coins that local railroad industrialist John H. Barker used to pay his employees. The Bank’s assets were well secured behind a soundproof, 12-ton vault door long before the notorious bank robber John Dillinger became a threat to financial institutions across Northwest Indiana. When Dillinger became the nation’s Public Enemy No. 1, the Bank also mounted a World War I rifle to a rail in the Director¹s office above the bank lobby and teller lines for additional protection.