What are the current interest rates at Horizon Bank Michigan City, IN?

Current rates for Horizon Bank Michigan City, IN include: Savings: 1.50%

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Horizon Bank Michigan City, IN

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Horizon Bank Michigan City, IN Rates & Review September 2026

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Horizon Bank Michigan City, IN provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: September 19, 2026

Horizon Bank Michigan City, IN's 7-Month CD rates are at 3.95%. Horizon Bank Michigan City, IN's savings rates are at 1.50%. MonitorBankRates evaluates the financial stability of Horizon Bank Michigan City, IN with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 4.87%. Rates last updated and verified on 09/19/2026.

Horizon Bank Michigan City, IN money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Horizon Bank Michigan City, IN? Share your experience about Horizon Bank Michigan City, IN by leaving a review below, or read customer reviews before you decide to use Horizon Bank Michigan City, IN.

Verified Healthy 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 98/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

4.87%

Excellent Lower than avg

Health Trend

Very strong 12 quarters

Full history ›

Horizon Bank

515 Franklin St
Michigan City, IN 46360

https://www.horizonbank.com

Horizon Bank Michigan City, IN CD Rates

Product	Rate	APY	Term	View More
7-Month CD	-	3.95%	7-month
Min Deposit $5,000 Details Earn up to 3.95% APY* Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.87%

Horizon Bank Michigan City, IN Savings Rates

Product	Rate	APY
Money Market Savings	-	3.75%
Min Deposit $25 Min Balance $99,999 Details Balance: $99,999.01 or greater; Personal accounts only, no public, business, or brokered funds for this offer. Limited time offer. Rates are subject to change without notice. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.87%
Money Market Savings	-	3.50%
Min Deposit $25 Min Balance $49,999 Details Balance: $49,999.01-$99,999.00; Personal accounts only, no public, business, or brokered funds for this offer. Limited time offer. Rates are subject to change without notice. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.87%
Money Market Savings	-	3.00%
Min Deposit $25 Min Balance $4,999 Details Balance: $4,999.01-$49,999.00; Personal accounts only, no public, business, or brokered funds for this offer. Limited time offer. Rates are subject to change without notice. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.87%
Money Market Savings	-	1.50%
Min Deposit $25 Min Balance $0 Details Balance: $0.00-$4,999.00; Personal accounts only, no public, business, or brokered funds for this offer. Limited time offer. Rates are subject to change without notice. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.87%

Horizon Bank Michigan City, IN Money Market Rates

Product	Rate	APY
Money Market Savings	-	3.75%
Min Deposit $25 Min Balance $99,999 Details Balance: $99,999.01 or greater; Personal accounts only, no public, business, or brokered funds for this offer. Limited time offer. Rates are subject to change without notice. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.87%
Money Market Savings	-	3.50%
Min Deposit $25 Min Balance $49,999 Details Balance: $49,999.01-$99,999.00; Personal accounts only, no public, business, or brokered funds for this offer. Limited time offer. Rates are subject to change without notice. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.87%
Money Market Savings	-	3.00%
Min Deposit $25 Min Balance $4,999 Details Balance: $4,999.01-$49,999.00; Personal accounts only, no public, business, or brokered funds for this offer. Limited time offer. Rates are subject to change without notice. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.87%
Money Market Savings	-	1.50%
Min Deposit $25 Min Balance $0 Details Balance: $0.00-$4,999.00; Personal accounts only, no public, business, or brokered funds for this offer. Limited time offer. Rates are subject to change without notice. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 4.87%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
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Financial Health History

Horizon Bank Michigan City, IN’s Texas Ratio rose from 2.79% in Q3 2023 to 4.87% in Q2 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this bank’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$6.5B	4.87%	5.0	A+
March 31, 2026	$6.5B	5.08%	5.0	A+
December 31, 2025	$6.4B	4.69%	5.0	A+
September 30, 2025	$6.7B	4.37%	5.0	A+
June 30, 2025	$7.6B	3.32%	5.0	A+
March 31, 2025	$7.6B	3.87%	5.0	A+
December 31, 2024	$7.8B	3.41%	5.0	A+
September 30, 2024	$7.9B	3.20%	5.0	A+
June 30, 2024	$7.9B	2.65%	5.0	A+
March 31, 2024	$7.8B	2.64%	5.0	A+
December 31, 2023	$7.9B	2.74%	5.0	A+
September 30, 2023	$7.9B	2.79%	5.0	A+

Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Horizon Bank Michigan City, IN is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Horizon Bank Michigan City, IN rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Horizon Bank Michigan City, IN's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Horizon Bank Michigan City, IN

Bank Holding Company HORIZON BCORP INC

Address 515 Franklin St, Michigan City, IN 46360 · Laporte

Website https://www.horizonbank.com

FDIC Certificate # 4360

Established 18730421

FDIC Insurance Date 19340101

Domestic Offices 79

Total Branches 79

Regulator FDIC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+

Overall Health Grade Score: 98/100

5.0

Exceptional Out of 5.0 Stars

4.87%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 1.7516%

Return on Equity (ROE) 14.5300%

Non-Performing Loans (NPL) 0.53%

Total Assets $6,548,335,000

Total Deposits $5,478,939,000

Equity Capital $803,845,000

Net Income $56,936,000

Headquarters Michigan City

Total Branches and Offices 79

Source: FDIC | Last Updated 06/30/2026

2026 MBR Health & Safety Badge

Horizon Bank Michigan City, IN earned the Verified Healthy badge

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Customer Reviews

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Frequently Asked Questions About Horizon Bank Michigan City, IN

How many branches does Horizon Bank Michigan City, IN operate?

Horizon Bank Michigan City, IN currently maintains approximately 79 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Horizon Bank Michigan City, IN does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Horizon Bank Michigan City, IN provides members with tools to manage their accounts and build a solid financial history.

Does Horizon Bank Michigan City, IN offer online and mobile banking?

Most modern institutions like Horizon Bank Michigan City, IN provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.horizonbank.com.