(Michigan City, IN) - Horizon Bank is expanding again.
The financial institution has revealed it’s purchasing nearly a dozen TCF National Bank branches.
in the state of Michigan.
Currently, Horizon Bank operates 74 bank branches, including 14 in Michigan.
Officials said the latest acquisition should go into effect before the end of September.
Horizon expects to add over 50,000 primarily retail and small business customer accounts and the entire workforce of the acquired branches.
The financial institution, which has grown considerably over the past two decades, was founded as a community bank in Michigan City.