Northwest Bank of Rockford is headquartered in Rockford and is the 124th largest bank in the state of Illinois. It is also the 2,166th largest bank in the nation. It was established in 1972 and as of June of 2021, it had grown to 74 employees at 4 locations. Northwest Bank of Rockford has an A health rating.
|FDIC Certificate #||20666|
|Return on Assets - YTD||0.93%|
|Return on Equity - YTD||11.13%|
|Annual Interest Income||$6.1MM|
|Assets and Liabilities|
|Assets||Q2 2021vs Q2 2020||$368.0MM$344.0MM|
|Loans||Q2 2021vs Q2 2020||$227.9MM$260.7MM|
|Deposits||Q2 2021vs Q2 2020||$320.2MM$294.6MM|
|Equity Capital||Q2 2021vs Q2 2020||$31.8MM$28.5MM|
|Loan Loss Allowance||Q2 2021vs Q2 2020||$2.8MM$5.0MM|
|Unbacked Noncurrent Loans||Q2 2021vs Q2 2020||$839.00K$6.5MM|
|Real Estate Owned||Q2 2021vs Q2 2020||$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|
|0.60%*||-||$15k||MyRewards Checking - Qualifying|
|OTHER TIERS: 0.15% → $15k+|
|0.00%||-||-||MyRewards Checking - Non Qualifying|
|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 North Rockton Avenue||Rockford, IL 61101|
|Perryville Office||4402 Peak Drive||Loves Park, IL 61111|