Horicon Bank deposits $250K in local Black-owned bank

Wisconsin-based Horicon Bank deposited $250,000 in Milwaukee-based Columbia Savings & Loan.   

Considered the oldest and only Black-owned bank in Wisconsin, Columbia Savings & Loan was established a century ago by Ardie and Wilbur Halyard to assist local residents in funding businesses and buying homes when few others would. 

Horicon’s deposit supports the goal of Columbia Savings & Loan to mark its 100th anniversary by raising $10 million to help 100 Milwaukee families achieve homeownership. 

The donation was marked last week during a ceremony with area community and business leaders at Columbia Savings & Loan.