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Northwest Community Bank


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.nwcommunitybank.com
860-379-7561
86 Main Street
Winsted, CT 06098

Northwest Community Bank is headquartered in WINSTED and is the 13th largest bank in the state of Connecticut. It is also the 902nd largest bank in the nation. It was established in 1875 and as of March of 2025, it had grown to 155 employees at 15 locations. Northwest Community Bank's money market rates are 5X the national average, and it has a B+ health rating.

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Health
B+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #18229
Year Established1875
Employees155
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.25%
Return on Equity - YTD3.93%
Annual Interest Income$12.6MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$1.18B$1.14B
LoansQ1 2025vs Q1 2024$923.4MM$862.8MM
DepositsQ1 2025vs Q1 2024$1.04B$1B
Equity CapitalQ1 2025vs Q1 2024$74.7MM$68.7MM
Loan Loss AllowanceQ1 2025vs Q1 2024$9.5MM$9.5MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$5.6MM$3.5MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Northwest Community Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.53%*$0$1kStudent Savings Club Account
OTHER TIERS: 0.05% → $1k+
0.52%$0-Tenant/Agent Savings
0.05%$0-Regular Savings
0.05%$5-Holiday Club
0.05%$5-Vacation Club
0.05%$0-Health Savings Account (HSA)
0.05%$0-Transaction Savings
0.05%$0-UTMA Savings

Northwest Community Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%*$100k*-Total Money Market Account
OTHER TIERS: 0.25% → $0 - $10k | 0.75% → $10k - $50k | 1.00% → $50k - $100k
2.02%*$250k*-Total Business Money Market Account
OTHER TIERS: 0.25% → $0 - $5k | 1.00% → $5k - $250k
0.60%*$50k*-Business Money Market
OTHER TIERS: 0.15% → $0 - $5k | 0.20% → $5k - $50k
0.50%*$25k*-Money Market Account
OTHER TIERS: 0.05% → $0 - $1k | 0.10% → $1k - $25k

Northwest Community Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%$0-IORETA
0.30%$0-IOLTA
0.05%$0-Business Checking Now
0.05%$0-Total Plus Checking
0.02%$0-Total 50 Checking

Northwest Community Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$500-3 Month Time Deposit CD
3.90%$500-5 Month Time Deposit CD
3.70%$500-11 Month Time Deposit CD
3.50%$500-18 Month Time Deposit CD
3.00%$500-2 Year Time Deposit CD
2.25%$500-3 Year Time Deposit CD
2.00%$500-9 Month Time Deposit CD
2.00%$500-6 Month Time Deposit CD
2.00%$500-1 Year Time Deposit CD
1.75%$500-4 Year Time Deposit CD
1.50%$500-5 Year Time Deposit CD

Northwest Community Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$500-3 Month Time Deposit IRA
3.90%$500-5 Month Time Deposit IRA
3.70%$500-11 Month Time Deposit IRA
3.50%$500-18 Month Time Deposit IRA
3.00%$500-2 Year Time Deposit IRA
2.25%$500-3 Year Time Deposit IRA
2.00%$500-6 Month Time Deposit IRA
2.00%$500-9 Month Time Deposit IRA
2.00%$500-1 Year Time Deposit IRA
1.75%$500-4 Year Time Deposit IRA
1.50%$500-5 Year Time Deposit IRA
0.05%$0-IRA Savings
Locations

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