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Bank Failures

Failed Bank Information for Horizon Bank, Bradenton, FL

On September 10, 2010, Horizon Bank was closed by the Florida Office of Financial Regulation. The FDIC was named Receiver. Bank of the Ozarks, Little Rock, AR acquired all deposit accounts.

The FDIC as Receiver for Horizon Bank, Bradenton, FL has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on October 3, 2017 and has made all dividend distributions required by law.

Effective February 1, 2018, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status: TERMINATED

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Notice of Termination

Effective Date: February 1, 2018
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Notice of Intent to Terminate

Publication Date: October 3, 2017
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Dividend Information

Report on dividends paid
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Press Release

Official press release

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Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

ACQUIRING INSTITUTION: BANK OF THE OZARKS

About Bank of the Ozarks

All deposit accounts, excluding brokered deposits, were transferred to Bank of the Ozarks, Little Rock, AR ("assuming institution"). Former Horizon Bank locations reopened as branches of Bank of the Ozarks.

Your transferred deposits were separately insured from any accounts you may have already had at Bank of the Ozarks for at least six months after the failure of Horizon Bank.

You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with Bank of the Ozarks as long as the deposits are not pledged as collateral for loans.

Contacting Bank of the Ozarks

You can contact Bank of the Ozarks:

Bank of the Ozarks
P.O. Box 8811
Little Rock, AR 72231

Bank of the Ozarks (www.bankozarks.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF (1Mb)
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank

Last Updated: February 13, 2018