Horizon Community Bank (AZ) Star Checking Earns 3.25% APY


Deal Summary: Star Checking, 3.25% APY on qualifying balances up to $25k.

Availability: Online market area includes Arizona and nearby California and Nevada.

Arizona-based Horizon Community Bank (HCB) has recently raised the rate on its Star Checking account to 3.25% APY on qualifying balances up to $25k. All balances over $25k and non-qualifying balances earn 0.30% APY.

DA began tracking the Star Checking account in July 2010, when the APY was 1.76%. The APY began dropping in October 2010, finally settling at 0.90% APY in March 2013, where it remained for more than four years. The Star Checking account didn’t become competitive until last November, when the rate was raised to 3.04% APY. In the past year, a total of 209 bps have been added.

Monthly Qualifying Requirements

  • Have at least 10 debit/credit card purchases
  • Receive e-Statements
  • Log into Online Banking at least once

The Star Checking account requires a minimum $100 opening deposit to open and is only available as a personal account. There is a $3 monthly fee that will be waived with an average monthly balance of $1k.


Headquartered in Lake Havasu City, Arizona, Horizon Community Bank offers its Star Checking account to residents of Arizona and nearby California and Nevada through an online application.

In addition to being opened online, the Star Checking account can also be opened at any of six full-service Arizona branches, located in Fort Mohave, Lake Havasu City, Mesa, Mohave Valley, Parker, and Quartzsite. There are also three loan offices in Goodyear, Kingman, and Phoenix.

One note about the online application - the first page of the application asks for your Zip Code, “to find your local products and rates.” The online application will accept all Zip Codes, giving the impression that HCB allows nationwide accounts. CSR stated that while the application doesn’t discriminate by Zip Code, once the completed application is submitted and looked at, out-of-area applications will be denied.

Bank Overview

Horizon Community Bank has an overall health grade of "A" at DepositAccounts.com, with a Texas Ratio of 7.56% (excellent) based on December 31, 2018 data. In the past year, HCB has increased its total non-brokered deposits by $35.89 million, an excellent annual growth rate of 16.32%. Please refer to our financial overview of Horizon Community Bank (FDIC Certificate # 57411) for more details.

Founded in 2002, Horizon Community Bank is currently Arizona’s sixth largest bank with assets in excess of $297 million. A locally-owned and operated bank, HCB is ranked as an Arizona Top 10 Lender by the U.S. Small Business Administration (SBA).

How Star Checking Compares

When compared to the Reward Checking Accounts tracked by DepositAccounts.com, which are available within the market area and have maximum qualifying balances of at least $25k, Horizon Community Bank’s Star Checking APY currently ranks third.

The above rates are accurate as of 3/7/2019.

Is a Rewards Checking Account in your future? Please refer to DA’s High Yield Reward Checking Account Rates Table page for both nationwide and state-specific accounts.

Related Pages: Phoenix checking accounts, reward checking accounts


The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.