As you may be aware, Horizon Bank was closed by the Washington Department of Financial Institutions on January 8, 2010. Most of Horizon’s deposits and assets were assumed by Washington Federal. Click here to read Washington Federal’s press release.

Dear Horizon Bank Clients

Roy Whitehead Photo

As a new client, please accept our warmest welcome to Washington Federal. We appreciate the uncertainty that a change of this type creates and want you to know that we are committed to making the transition as smooth as possible.

We also wish to assure you that your money is safe. Washington Federal began operations in 1917 and is consistently rated one of the strongest financial institutions in the nation. As another important reminder, the FDIC continues to insure your deposits in full accordance with their rules. Questions about your accounts should be directed to your local branch, or feel free to e-mail us at info@washingtonfederal.com or inquire by telephone by calling 1-800-955-9194. You will receive a prompt response.

With headquarters in Seattle we serve clients in eight western states, but our roots are in Western Washington. We take our responsibilities to you seriously and appreciate the opportunity to earn your business.

Sincerely

Roy M. Whitehead

President, Chairman and CEO

Washington Federal

Welcome to Washington Federal

Washington Federal is focused on keeping things simple. Our reputation is based on offering a common sense approach and easy-to-use accounts and services combined with personal attention to your financial goals. Our approach has helped neighborhoods flourish for almost a century.

Headquarters

425 Pike Street, Seattle, Washington

Quick Facts

Website: www.washingtonfederal.com
Toll-Free Number: 1-866-864-0072
Largest bank headquartered in Washington
Over 60 Locations throughout Washington State
Over 160 total branches in 8 western states
Over $12 billion in assets as of September 30, 2009
More than 1300 employees

Continue banking as usual.

Until we can fully integrate Horizon Bank’s operations into Washington Federal, you should continue to do your banking at your neighborhood Horizon office. Checks drawn on Horizon Bank will continue to be processed, online banking is still available via the Horizon Bank website, and you will continue to have access to your money through your Horizon ATM/debit card.

CD terms will change.

If you have a certificate of deposit with Horizon Bank, please be advised that the maturity date has not changed; however, the interest rates will be adjusted to match the rates Washington Federal is currently paying its own clients. You may either enter into a new CD agreement with Washington Federal or withdraw your CD deposit without penalty until maturity. Please contact your local branch for a current rate sheet.

We want to earn your trust.

As a client of Washington Federal, you can rely on our friendly, professional people and the strength of our balance sheet. Washington Federal was founded in 1917, has over twice the capital considered to be “well capitalized,” has paid a cash dividend for 108 consecutive quarters, and continues to prosper despite the current economic downturn. Our success means we will be here for you for years to come.