Northwest Bank (PA) is headquartered in Warren and is the 5th largest bank in the state of Pennsylvania. It is also the 131st largest bank in the nation. It was established in 1896 and as of December of 2021, it had grown to 2,332 employees at 172 locations. Northwest Bank (PA) has an A health rating.
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1/16 - Northwest Savings Bank Offers Up To $200 In Checking Bonus
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7/29/10 - $100 Checking Account Bonus and Other Deals at Northwest Savings Bank in FL, NY, PA, OH & MD
10/18/09 - 2.25% Savings Account with Rate Guaranteed to 11/16/2010 at Northwest Savings Bank in Rochester, NY Only
10/4/09 - $100 Checking Account Bonus at Northwest Savings Bank in FL, NY, PA, OH & MD
6/1/09 - 3.50% 36-Month CD at Northwest Savings Bank in SE Florida - Local Only
Best bank I've used
I found northwest savings bank after a very frustrating experience with PNC bank. I was looking for a checking account that truly was free (no hidden fees) and very close distance to my home. Northwest savings bank was the only bank anywhere close to me that offered a free checking account. Ive had an account open with them for almost a year now and I'm definitely satisfied. Customer service is good, I've had to call them a few times and every time i got someone on the phone in mere minutes which was not something I was used too. The representatives are actually genuinely concerned with your problems and help you in any way they can. Also the website is great, because I check my account online every day, to check the outgoing and ingoing funds and everything gets updated quickly. Will be staying with this bank indefinitely .
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.
Do Not Recommend!!
If I could give 0 stars I would! I’ve had my car loan with this bank since January 2021 and have had nothing but problems since - especially with getting set up on draft and then being kept on draft (of no fault of my own). I spent 5 hours on the phone with some of the rudest people I have ever spoken with trying to get draft set up to begin with and now I’ve been taken off it again with no explanation and no warning. I didn’t receive any notice that my April payment wouldn’t be drafting and when I called nobody could give me an answer as to why. The best explanation I got was “maybe your draft form got deleted somehow”. I would have gladly paid a higher interest rate to keep from having to deal with this bank and people who work in their service department.
Data as of Q4 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 28178 |
| Year Established | 1896 |
| Employees | 2332 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.13% |
| Return on Equity - YTD | 9.96% |
| Annual Interest Income | $442.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2021vs Q4 2020 | $14.61B$13.96B |
| Loans | Q4 2021vs Q4 2020 | $9.92B$10.46B |
| Deposits | Q4 2021vs Q4 2020 | $12.56B$11.87B |
| Equity Capital | Q4 2021vs Q4 2020 | $1.70B$1.61B |
| Loan Loss Allowance | Q4 2021vs Q4 2020 | $102.2MM$134.4MM |
| Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $158.2MM$99.6MM |
| Real Estate Owned | Q4 2021vs Q4 2020 | $873.00K$2.2MM |
