BNET Industries
- Public
- US
Dow Jones Description
The Company. Horizon Financial Services Corporation (the "Company"), a Delaware corporation, was formed in March 1994 to act as the holding company for Horizon Federal Savings Bank ("Horizon Federal" or the "Bank") upon the Bank's conversion from the mutual to the stock form (the "Conversion"), which occurred on June 28, 1994. All references to the Company, unless otherwise indicated, at or before June 28, 1994 are to the Bank and its subsidiary on a consolidated basis. The Company's common stock trades over-the-counter on the Nasdaq Bulletin Board under the Symbol "HZFS". At June 30, 2004, the Company had $99.0 million of assets and $11.5 million of stockholders' equity (or 11.6% of total assets). The executive offices of the Company are located at 301 1st Avenue East, Oskaloosa, Iowa 52577, and its telephone number at that address is (641) 673-8328. Horizon Federal. Horizon Federal, a wholly owned subsidiary of the Company, is a federally chartered stock savings bank headquartered in Oskaloosa, Iowa.
Contact Information
P O Box 8
Oskaloosa, Iowa 52577-0008
5156738328
Peer Companies
NAICS Code Savings Institutions: 522120
News & Analysis
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horizon financial services corp. - All News and Analysis
Valley Bank of Des Moines to buy Horizons Financial
Valley Bank of Des Moines, Iowa, agreed to buy the assets of the financially ailing thrift Horizon Financial Services Corp. for $2.9 million plus payments for a portion of recoveries that may occur with soured loans, Horizon officials said on Nov. 6. Valley Bank, a subsidiary of River Valley...
Horizon wary of hedges.
Asset manager Horizon Financial Services is advising investment trusts to follow its lead in reducing exposure to hedge funds. Jersey-based Horizon, which runs fund of fund portfolios, claims hedge fund managers will create problems for investment trusts and has called for trust managers...
First Horizon National Corp. to participate in Citigroup Smith Barney 2005 Beyond the Basics Financial Services Forum.
M2 PRESSWIRE-23 May 2005-First Horizon National Corporation: First Horizon National Corp. to participate in Citigroup Smith Barney 2005 Beyond the Basics Financial Services ForumC1994-2005 M2 COMMUNICATIONS LTD RDATE:20052005 MEMPHIS, Tenn. - Jerry Baker, president of First Horizon National Corp.'s (NYSE:FHN)...
First Horizon National Corp. to host Analyst/Investor Day May 3 in New York.
M2 PRESSWIRE-28 April 2005-First Horizon National Corporation: First Horizon National Corp. to host Analyst/Investor Day May 3 in New YorkC1994-2005 M2 COMMUNICATIONS LTD RDATE:27042008 MEMPHIS, Tenn. - First Horizon National Corp. (NYSE:FHN) will hold an analyst/investor day May 3 at the...
AROUND THE Region
Horizon Financial Services Corp., Oskaloosa, Iowa, has filed documents with the securities and Exchange Commission to terminate the registration of its common stock. In its statement, the company said its board of directors "determined, after careful consideration, that deregistration of the company's common stock is in the overall best interest...
Horizon set for sell-off or growth. (Horizon Financial Services Inc.)
Horizon Financial Services Inc. is talking with possible buyers while it expands its balance sheet and invests heavily in variable-rate mortgages under the leadership of its acting president Frank Hawkins. The goal is to either hook a buyer willing to pay a price the thrift's board...
Proxy fight looming: investors battle management for Horizon seats. (Horizon Financial Services Inc.)
A good ol' fashioned proxy fight is on the bill for Horizon Financial Services Inc.'s April 23 annual meeting, and both sides have brought powerhouse managers into their corners as they prepare to brawl for shareholder support. In one corner is a group of investors, led...
Horizon increases loan-loss hedge. (Horizon Financial Services Inc.) (Brief Article)
In what looks like a no-confidence vote on the economy, Horizon Financial Services Inc. of Beachwood made a big increase in its loan-loss provision at the end of last year. Horizon, parent of Horizon Savings Bank, added a $500,000 provision to its loan-loss reserves, on top...
Osborne increases thrift investment. (Richard Osborne; First American Savings Bank)
Osborne increases thrift investment Local thrift investor Richard Osborne is still on the prowl. Mr. Osborne reported to the Securities and Exchange Commission the purchase of another 21,000 shares of stock in Canton-based First American Savings Bank, a thrift with assets of $724 million....
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