Northwest Bank (PA)
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.90% | 5-year CD | 60 - 71 Month CD 2.25% - Bank of Internet USA 60 Month CD |
| 0.30% | 1-year CD | 12 - 17 Month CD |
| 0.05% | Savings | Statement Savings |
Northwest Bank (PA) is headquartered in Warren and is the 6th largest bank in the state of Pennsylvania. It is also the 130th largest bank in the nation. It was established in 1896 and as of June of 2017, it had grown to 2,273 employees at 175 locations. Northwest Bank (PA) has an A health rating.
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Why I love my small town bank
I have banked at Northwest Saving bank for over twenty years. I started with this bank because they were closer to my home and their rates were much better than Mellon Bank who was my previous bank. Northwest has a small town friendliness that was there when I started banking with them and has stayed the same. The bank participates in our community events which is something a larger bank does not do. I have known the names of the tellers and bank managers through the years because they are employees that have stayed with the bank. I do not use their online bank site and probably never will because I like to go to the bank to transact my business. I have all my savings and checking accounts, both personal and business with Northwest. This bank rarely has problems with my accounts and when it does I receive a personal call from a bank employee stating they had either computer errors or I have made a mistake in my business deposit. I really appreciate the person to person contact which is missing in most banking institutions. Northwest is a bank I trust, can depend on and best of all it is a bank that makes my banking experience pleasant. Can you tell I love my little hometown bank? Other banks like PNC have tried to lure my business accounts away from Northwest, but I know what I like and so I have never switched banks. I fully expect that I will bank at this bank for all my business services until I retire and then just use it for my personal banking.
Hometown bank, big bank skills
This Pittsburgh has always been able to handle all of my personal banking needs. I've run into very few problems here and have no intention of leaving. I've grown accustomed to them and feel like I am a valued guest whenever I walk in. There's nothing I feel they wouldn't do for me in order to get done what I need done. The team there almost becomes family as we see each other and we chat about the things going on in our lives. This bank has everything bigger banks have but more charm.
My Review of Northwest Savings Bank
My husband and I have been banking with Northwest Savings Bank for almost 4 years. Overall, we have been pretty satisfied with our experience with this bank. It was simple to open up a checking account with them, and we liked that it requires no fees to do so. The customer service is usually good. Sometimes it takes awhile to get ahold of the guy in charge of loans. We were able to get a personal loan to consolidate some debt, and we like the competitive interest rates this bank offers. Unfortunately, this bank was not able to help us with a mortgage. However, I would probably reccommend this bank to others.
Northwest Bank
Began working with Northwest Bank a few years ago after they bought my bank at the time, Lorain National Bank. Currently I have a checking and savings account with them, as well as a debit card. I think the biggest plus I have noticed is their online customer support. They have a chat system that is quick and available. Unfortunately, they also have a number of minimum balance fees and other things that I was not accustomed to with my previous bank. Overall, I am fairly satisfied with my experience, though I am thinking of switching to a larger bank for access to more ATMs when I am traveling and the other perks of larger banks.
Disappointment
They bought out local bank. Their fees are high, customer service is really poor and internet banking does not work consistently.
Refinance A Cluster!
We refinanced a loan through Northwest Savings Bank twice! They screwed the loan up so much that they never paid our taxes and our taxes became default. We had to come up with the money for the taxes after they gave us the loan that was suppose to cover them. As soon as we can refinance again we are leaving!
Data as of Q2 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 28178 |
| Year Established | 1896 |
| Employees | 2273 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.04% |
| Return on Equity - YTD | 8.33% |
| Annual Interest Income | $183.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $9.59B$9.00B |
| Loans | Q2 2017vs Q2 2016 | $7.64B$7.24B |
| Deposits | Q2 2017vs Q2 2016 | $8.12B$6.77B |
| Equity Capital | Q2 2017vs Q2 2016 | $1.24B$1.20B |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $62.9MM$60.8MM |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $68.1MM$77.4MM |
| Real Estate Owned | Q2 2017vs Q2 2016 | $6.0MM$5.0MM |
Always verify rates and promotions with the bank or credit union. We are not Northwest Bank (PA); we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.
Northwest Bank (PA) Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.25%*† | $75k* | - | IRA Tiered Money Fund | ||
| OTHER TIERS: 0.10% → Up to $75k | |||||
| 0.15%*† | $15k* | - | Health Savings Account | ||
| OTHER TIERS: 0.05% → $1k - $5k | 0.10% → $5k - $15k | |||||
| 0.05%† | - | - | Holiday Club | ||
| 0.05%† | - | - | Vacation Club | ||
| 0.05%† | $100 | - | Statement Savings | ||
Northwest Bank (PA) Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.25%*† | $75k* | - | Insured Money Fund | ||
| OTHER TIERS: 0.05% → Up to $2,500 | 0.10% → $2,500 - $10k | 0.15% → $10k - $75k | |||||
Northwest Bank (PA) Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.01%† | $1k | - | MyNorthwest Interest Checking |
Northwest Bank (PA) CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.00%† | $500 | - | 72 - 120 Month CD | |
| 0.90%† | $500 | - | 60 - 71 Month CD | |
| 0.75%† | $500 | - | 48 - 59 Month CD | |
| 0.60%† | $500 | - | 36 - 47 Month CD | |
| 0.55%† | $500 | - | 30 - 35 Month CD | |
| 0.45%† | $500 | - | 24 - 29 Month CD | |
| 0.35%† | $500 | - | 18 - 23 Month CD | |
| 0.30%† | $500 | - | 12 - 17 Month CD |
Northwest Bank (PA) IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.00%† | $500 | - | 72 - 120 Month IRA | |
| 0.90%† | $500 | - | 60 - 71 Month IRA | |
| 0.75%† | $500 | - | 48 - 59 Month IRA | |
| 0.60%† | $500 | - | 36 - 47 Month IRA | |
| 0.55%† | $500 | - | 30 - 35 Month IRA | |
| 0.45%† | $500 | - | 24 - 29 Month IRA | |
| 0.35%† | $500 | - | 18 - 23 Month IRA | |
| 0.35%† | $25 | - | 18 Month Variable IRA | |
| 0.30%† | $500 | - | 12 - 17 Month IRA |
