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Horicon Bank

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Horicon Bank
Company typeCommercial Bank
IndustryFinancial services
Founded1896; 128 years ago (1896)
FounderDaniel C. Van Brunt
HeadquartersHoricon, Wisconsin
Websitehoriconbank.com

Horicon Bank is a commercial joint bank operating in Wisconsin.[1] It was established in 1896 by Daniel C. Van Brunt and currently has 17 branches across the state.[2]

History

Horicon Bank was founded in 1896, and its main office was constructed in 1915. It was formerly known as Horicon State Bank.[3] Within the span of the century, the bank has opened its branches in several locations across the state. Horicon Bank became one of the first banks to open after the Great Depression in 1929. A decade later, it acquired The First National Bank of Horicon.[4]

Robert Barney became president in 1960, but the ownership structure changed five years later when Barney and local industrialists purchased the Wilcox family's share, which at that time owned the Horicon Bank.[5] In the upcoming years, these local industrialists served as the presidents for fixed tenures.[6]

Horizon Bank holding company Sword Financial Corporation was established in 1978 to consolidate the bank's ownership while preserving its independence as a community bank. Later in 2004, Horicon State Bank modified its name to Horicon Bank.[7]

In 2020, Horicon Bank acquired Monotto,[8] a financial technology company from Atlanta, GA. As of 2021, the Sword Corporation and the Schwertfeger family are the largest stockholders of the Horicon Bank.[9]

Products and services

Horicon Bank offers consumers and institutions a broad range of banking products and financial services to corporate and retail customers in the fields of investment banking, life, non-life insurance, venture capital, and asset management. Some of these services include online money transfers, tracking services, current accounts, savings accounts, time deposits, recurring deposits, mortgages, loans, automated lockers, credit cards, prepaid cards, debit cards, and digital wallets.

Awards

References

  1. ^ "Horicon Bank named Top Workplace in Wisconsin for 9th year in a row | By Amy Banaszak - Washington County Insider". washingtoncountyinsider.com. Retrieved 14 October 2021.
  2. ^ "Horicon Bank Names New Directors". BizTimes - Milwaukee Business News. 8 July 2021. Retrieved 14 October 2021.
  3. ^ "SHRED Day is Saturday, September 11, 2021 at Horicon Bank in West Bend - Washington County Insider". washingtoncountyinsider.com. Retrieved 14 October 2021.
  4. ^ "Horicon Bank to build flagship branch at The Mayfair Collection in Wauwatosa | By Grace Bruins - Washington County Insider". washingtoncountyinsider.com. Retrieved 14 October 2021.
  5. ^ "Thank you Horicon Bank for the smashing July 4 fireworks in West Bend | Photos by Gregory Staiduhar - Washington County Insider". washingtoncountyinsider.com. Retrieved 14 October 2021.
  6. ^ Higgins, Chris. "Horicon Bank President presents $100,000 donation to Swan Park lagoon repair project". Wiscnews.com. Retrieved 14 October 2021.
  7. ^ Expert, Total (29 June 2021). "Horicon Bank Selects Total Expert to Unlock Data-Driven Support and Engagement for its Community Bank Customers". GlobeNewswire News Room. Retrieved 14 October 2021.
  8. ^ "Horicon Bank expands digital vision with Monotto". Wiscnews.com. Retrieved 14 October 2021.
  9. ^ Simon, Kelly. "Watch Now: Horicon Bank celebrates 125th Anniversary". Wiscnews.com. Retrieved 14 October 2021.