Northwest Savings Bank

P.O. Box 128
Warren, PA 16365
1-877-672-5678
www.northwestsavingsbank.com

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Northwest Savings Bank is headquartered in Warren and is the 7^th largest bank in the state of Pennsylvania. It is also the 128^th largest bank in the nation. It was established in 1896 and as of September of 2011, it had grown to 1,926 employees at 172 locations. Northwest Savings Bank has a 4-star health rating.

Northwest Savings Bank Routing Number: 243374218

$100 Checking Account Bonus at Northwest Savings Bank in FL, NY, PA, OH & MD - Update - 5/30/2011

Northwest Savings Bank continues to offer a $100 bonus for opening a new checking account. Details of this offer are listed in the bank's promotions page as of 5/30/2011. Some important details includ ...

Ipod Nano Contest & Checking Bonus Update - Northwest Savings Bank (Forum) - 9/5/2010

In a promotion that's similar to WTDirect's iPad promo, Northwest Savings Bank is giving away one iPod nano per week to one of their followers on Twitter or Facebook. As of 9/5/2010, they only have 220 Twitter followers, so the chance of winning isn't too

$100 Checking Account Bonus and Other Deals at Northwest Savings Bank in FL, NY, PA, OH & MD - 7/29/2010

Northwest Savings Bank is offering a $100 bonus for opening a new Switch Checking Account. Details of this promotion are listed in the bank's promotions page as of 7/29/2010. Some important details in ...

2.25% Savings Account with Rate Guaranteed to 11/16/2010 at Northwest Savings Bank in Rochester, NY Only - 10/18/2009

Northwest Savings Bank is having a grand opening special at its three new branches in Rochester, New York. The special offers an especially good deal on a personal savings account with 2.25% APY guaranteed through 11/16/2010. Minimum balance is $100, and...

2009

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See Rates for: Checking | Savings | Money Market | CD | IRA

Northwest Savings Bank Checking Account Rates

	Apy	Min	Max	Product
	0.10%^†	$1k	-	Interest Checking

Northwest Savings Bank Savings Account Rates

Apy	Min	Max	Product
0.45%^†	$75k	-	IRA Tiered Money Fund
0.30%^†	-	-	Vacation Club
0.20%^†	-	-	Holiday Club
0.20%^†	$25	-	Passbook Savings
0.20%^†	$100	-	Statement Savings

Northwest Savings Bank Money Market Rates

	Apy	Min	Max	Product
	0.45%^†	$75k	-	Insured Money Fund

Northwest Savings Bank CD Rates

Apy	Min	Max	Product
1.30%^†	$500	-	72 - 120 Month CD
1.10%^†	$500	-	60 - 71 Month CD
0.90%^†	$500	-	48 - 59 Month CD
0.85%^†	$500	-	36 - 47 Month Promotions CD
0.60%^†	$500	-	36 - 47 Month CD
0.60%^†	$500	-	18 Month Promotional CD
0.55%^†	$500	-	30 - 35 Month CD
0.50%^†	$500	-	24 - 29 Month CD
0.50%^†	$500	-	12 - 17 Month Promotional CD
0.40%^†	$500	-	18 - 23 Month CD
0.35%^†	$500	-	12 - 17 Month CD

Northwest Savings Bank IRA Rates

Apy	Min	Max	Product
1.30%^†	$500	-	72 - 120 Month IRA
1.10%^†	$500	-	60 - 71 Month IRA
0.90%^†	$500	-	48 - 59 Month IRA
0.85%^†	$500	-	36 - 47 Month Promotions IRA
0.60%^†	$500	-	36 - 47 Month IRA
0.60%^†	$500	-	18 Month Promotional IRA
0.55%^†	$500	-	30 - 35 Month IRA
0.50%^†	$500	-	24 - 29 Month IRA
0.50%^†	$25	-	18 Month Variable IRA
0.50%^†	$500	-	12 - 17 Month Promotional IRA
0.40%^†	$500	-	18 - 23 Month IRA
0.35%^†	$500	-	12 - 17 Month IRA

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

Northwest Savings Bank
FDIC Certificate #	28178
BankRate Report	View
Year Established	1896
Employees	1926
Primary Regulator	FDIC
Assets and Liabilities
Assets	$8.00 billion
Loans	$5.45 billion
Deposits	$5.89 billion
Equity Capital	$1.21 billion
Loan Loss Allowance	$73.21 million
Unbacked Noncurrent Loans	$161.87 million
Real Estate Owned	$20.70 million
Historic Data - September 2010
Assets	$8.17 billion
Equity Capital	$1.14 billion
Loan Loss Allowance	$77.25 million
Unbacked Noncurrent Loans	$103.52 million
Real Estate Owned	$23.05 million
Profit Margin - Quarterly
Net Interest Margin	3.78%
Return on Assets	0.84%
Return on Equity	5.78%
Interest Income	$275.95 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Northwest Savings Bank had $182.56 million in non-current loans and owned real-estate with $1.29 billion in equity and loan loss allowances on hand to cover it. This gives Northwest Savings Bank a Texas Ratio of 14.18% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Northwest Savings Bank held steady from 10.38% as of September 30, 2010 to 14.18% as of September 30, 2011, resulting in a negative change of 36.62%. This indicates that the balance sheet and financial strength for Northwest Savings Bank has held steady in recent periods.
Deposit Growth
In the past year, Northwest Savings Bank has decreased its total deposits by -$194.21 million, resulting in -3.19% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Northwest Savings Bank has shown is below average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Northwest Savings Bank has $8 billion in assets with $1.29 billion in equity, resulting in a capitalization level of 16.10%, which is excellent.