Desert Messenger

April 20, 2022

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April 20, 2022 www.DesertMessenger.com 3 Blood drive planned for May 23 Transform a life, and your own Lindsey only held her newborn daughter for 5 minutes before she was rushed to the OR with post-de- livery complications. 10 red cell and 8 platelet transfusions saved her life so she could watch her kids grow. "The simple act of donating can have such a huge impact in the lives of the people it saves. Every day, blood donors give people a second chance at life – people like me" GFWC Quartzsite Women's Club is sponsoring a BLOOD DRIVE on MONDAY, MAY 23, 2022. 9:00 A.M. - 1:00 P.M. at Quartzsite Community Center – 295 E. Chan- dler Street, Quartzsite, AZ. Lake Havasu City, AZ - On March 10, 2022 Horizon Community Bank ("Horizon Community"), an Arizona state-chartered bank head- quartered in Lake Havasu City, Ari- zona and wholly-owned subsidiary of Horizon Bancorp, Inc. (OTC: HRRB) ("Horizon Bancorp"), an- nounced that it has entered into a definitive agreement for Arizona Federal Credit Union ("Arizona Federal") to acquire Horizon Com- munity pursuant to a purchase and assumption transaction. Horizon Community was founded in 2002 and currently operates six branches in Fort Mohave, Kingman, Lake Havasu City, Mesa, Parker and Quartzsite, Arizona. As of Decem- ber 31, 2021, Horizon Community reported $539.5 million in total as- sets, $259.9 million in total loans, $471.7 million in total deposits and $43.4 million in total equity. Arizona Federal, a $2.8 billion mem- ber-owned financial cooperative, will benefit by expanding into new mar- ket areas in western Arizona, further diversifying its assets, and adding talent and expertise. The acquisition will also help the credit union contin- ue investments in new products and services and help fund the expansion of services to additional new markets throughout Arizona. The 12,000 clients of Horizon Com- munity will benefit by gaining access to Arizona Federal's full suite of fi- nancial services, including consumer loans, insurance, credit cards, invest- ments, small business services, SBA and commercial loans, and more. After successfully acquiring and integrating the operations of Pinna- cle Bank in 2019, Arizona Federal's board of directors endorsed acqui- sition opportunities as a component of the credit union's future growth strategy. "We believe that quality growth and diversification is essen- tial to continued success in our in- Medicare has changed. Find out how it can affect you. For FREE information, call: 1-888-348-2614 or visit MedSupBenefit.com/desert Important changes to the federal Medicare program became effective at the beginning of the year. As a result, retirees in your state may be eligible for coverage with new options. Find out if you qualify for Medicare Supplement insurance that can help limit your out-of-pocket expenses. Information will be provided by Physicians Life Insurance Company 6243_D Get the facts that matter to you: • Critical dates for Medicare eligibility • Options that can help keep more money in your pocket • Medicare benefits many retirees may not be aware of We are not connected with, nor endorsed by, the U.S. Government or the Federal Medicare Program. I understand I have no obligation. This is a solicitation of insurance. A licensed agent/producer may contact you. (MD, VA: These policies are available to people under age 65 eligible for Medicare due to a disability). (VA: For a complete description of policy exclusions, limitations, and costs or other coverage details, please contact your insurance agent or the company). Policy form number L030, L035, L036, L037, L038, F001, F002 (OK: L030OK, L035OK, L036OK, L037OK, L038OK; TN: L030TN, L035TN, L036TN, L037TN; L038TN, F001TN, F002TN; L030VA, L035VA, L036VA, L037VA, L038VA). dustry, and we intend to achieve it both organically and through merg- ers or acquisitions," explained Ron- ald L. Westad, President and CEO of Arizona Federal. That strategy aligned well with Horizon Community as they ex- plored future options for their organization. "Arizona Federal has demonstrated their competency and commitment to community banking and they will be a great partner for our bank," said Ralph Tapscott, President and CEO of Ho- rizon Community. "I'm excited for Horizon employees to join together with Arizona Federal employees to bring additional financial services and resources to the communities we serve," he added. The credit union is committed to keeping and operating each of the ex- isting Horizon Community branches. "We're excited to welcome Horizon Community Bank clients as new members," Westad added. "We be- lieve this will create significant long- term value for all stakeholders." The transaction, which is subject to reg- ulatory and shareholder approval, has been approved by the Boards of Direc- tors of both institutions and is expected to be completed by the end of 2022. After the completion of the pro- posed transaction, the combined organization will have more than $3.3 billion in assets and serve over 155,000 members at 21 locations throughout Arizona. Deposits of Arizona Federal will continue to be federally insured by the National Credit Union Administration. Subject to the terms and conditions of the definitive agreement, Arizona Federal will acquire substantially all of the assets and assume substan- tially all of the liabilities of Horizon Community for cash consideration of $91.4 million, subject to certain adjustments. For more information visit ArizonaFederal.org. Vitalant is testing all blood dona- tions for COVID-19 antibodies in order to produce plasma that could help COVID-19 patients who have weakened immune systems. Masks are no longer required for all COV- ID-19 vaccinated donors and staff. SIGN UP TO DONATE IN the DO- NOR PORTAL: Visit www.donors. vitalant.org log in to your donor por- tal using your email on file, click on "schedule appointment" and search by blood drive code: L1250 or call Vi- talant @ 877-25-4825 or call Becky Johnstone @ 208-634-9304 Horizon Community Bank to combine with Arizona Federal Credit Union

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