Friday, January 8, 2010

Unknown future...

This afternoon the bank I currently work for, Horizon Bank, was taken over by the FDIC and sold to Washington Federal Savings. It has been looming in the distance for so long, it felt like it was never going to happen. We all worried that the bank was going to be sold to a 'big' bank like U.S. Bank or B.O.A. but never did we really think that a local bank would buy us. Its a good thing, I guess. But, and here is the kicker, there is a Washington Federal Savings less then 20 feet from the Mount Vernon office. 20 feet from where I work! You can say I'm a little nervous. No, nervous is not the right word. I am straight FREAKING OUT! I have no idea if I will have a job in a week, a month, or a year. No idea. No idea what so ever.

As I was driving home, all I could think through the tears, was what bills we were going to pay off with the $8000 tax credit and would it be enough to live on if I didn't have a job. Would we be able to survive if I worked part time? Finding a job right now isn't the easiest thing to do you know. Do we know enough people here that I could find a job with one? Could I go back to Big Blue if there was something open? What is going to happen to all the people that are now my friends from the Mount Vernon Branch?

So many questions. But yet no answers. I might have more information tomorrow after a meeting that Washington Federal is hosting for all the EX Horizon Bank employees. My fingers are crossed that everything will work out and that I will keep my job.

Here is the FDIC website with the article about the sale of Horizon Bank to Washington Federal Savings. http://www.fdic.gov/news/news/press/2010/pr10004.html
And another website with some more information. http://www.fdic.gov/bank/individual/failed/horizon-wa.html

Everything happens for a reason. Please keep my husband and I in your thoughts and prayers.

1 comment:

Unknown said...

Hey - you are in our prayers. That seems like such a bombshell. :( I'm sure you'll know more soon.