Northwest Bank of Rockford is headquartered in Rockford and is the 130th largest bank in the state of Illinois. It is also the 2,231st largest bank in the nation. It was established in 1972 and as of March of 2020, it had grown to 78 employees at 4 locations. Northwest Bank of Rockford has an A health rating.
|FDIC Certificate #||20666|
|Return on Assets - YTD||0.58%|
|Return on Equity - YTD||6.25%|
|Annual Interest Income||$3.1MM|
|Assets and Liabilities|
|Assets||Q1 2020vs Q1 2019||$296.5MM$282.2MM|
|Loans||Q1 2020vs Q1 2019||$210.9MM$207.8MM|
|Deposits||Q1 2020vs Q1 2019||$256.3MM$242.3MM|
|Equity Capital||Q1 2020vs Q1 2019||$27.4MM$27.2MM|
|Loan Loss Allowance||Q1 2020vs Q1 2019||$2.6MM$2.9MM|
|Unbacked Noncurrent Loans||Q1 2020vs Q1 2019||$1.5MM$5.4MM|
|Real Estate Owned||Q1 2020vs Q1 2019||$0$484.00K|
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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|
|1.00%*||-||$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|