Northwest Bank of Rockford is headquartered in Rockford and is the 131st largest bank in the state of Illinois. It is also the 2,236th largest bank in the nation. It was established in 1972 and as of June of 2022, it had grown to 75 employees at 4 locations. Northwest Bank of Rockford has a B health rating.
|FDIC Certificate #||20666|
|Return on Assets - YTD||1.1%|
|Return on Equity - YTD||12.95%|
|Annual Interest Income||$6.3MM|
|Assets and Liabilities|
|Assets||Q2 2022vs Q2 2021||$350.5MM$368.0MM|
|Loans||Q2 2022vs Q2 2021||$227.0MM$227.9MM|
|Deposits||Q2 2022vs Q2 2021||$315.2MM$320.2MM|
|Equity Capital||Q2 2022vs Q2 2021||$28.1MM$31.8MM|
|Loan Loss Allowance||Q2 2022vs Q2 2021||$2.8MM$2.8MM|
|Unbacked Noncurrent Loans||Q2 2022vs Q2 2021||$1.7MM$839.00K|
|Real Estate Owned||Q2 2022vs Q2 2021||$0$0|
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|OTHER TIERS: 0.15% → $15k+|
|Northwest Bank of Rockford Locations|
|Machesney Park Branch||1100 Ralston Road||Machesney Park, IL 61115|
|Springstead Facility||125 Phelps Avenue||Rockford, IL 61108|
|Northwest Bank Of Rockford||3106 N Rockton Ave||Rockford, IL 61103|
|Perryville Office||4402 Peak Drive||Loves Park, IL 61111|