By the team at Horizon Bank
This November, Horizon Bank proudly marked their 60th Anniversary, commemorating six decades of dedicated service as a customer-owned financial institution in the Illawarra and South Coast. It all began in 1964 when a government appointed organiser of Credit Unions visited Wollongong and spoke to employees of the Illawarra County Council about the possibility of forming a Credit Union. They agreed to a formation meeting which occurred on the 20th of November 1964.
Since that day Horizon Bank has grown exponentially while remaining the only true South Coast & Illawarra based financial institution. There have been multiple mergers along the way to form what Horizon is today, as well as the opening of 10 Horizon Bank branches. Notably, Horizon Bank bucked the recent trend of bank branch closures with the opening of their 10th branch in the town of Berry in July 2023.
Horizon Bank exists for the benefit of, and is proudly owned by, their customers. As a customer-owned bank their excess profits are returned to customers via competitive savings and loans products, fairer fees & sensational service.
Horizon Bank’s commitment to customer service and community support is evident in their strong customer satisfaction ratings. A recent customer survey conducted in April 2024 revealed a remarkable 96% satisfaction rating amongst customers, with 92% of borrowers indicating they would recommend Horizon Bank for their competitive home and car loan interest rates.
Horizon is passionate and take pride in supporting their local communities by regularly engaging in local sponsorships & events, lending a hand with local organisations in their footprint, and in the last 2 years the success of their Horizon Bank Community Grants Program which has seen approximately $175,000 granted in that time.
60 years on and Horizon remains committed to providing gold star service to their customers and look forward to continuing to make a positive impact in the Illawarra & South Coast regions for decades to come.
Horizon Bank is a longtime advertiser and supporter of the Illawarra Flame magazine
