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Northwestern Bank


Overview / Commentary
www.northwesternbank.com
715-723-4461
202 Bridge Street
Chippewa Falls, WI 54729

Northwestern Bank is headquartered in Chippewa Falls and is the 56th largest bank in the state of Wisconsin. It is also the 1,631st largest bank in the nation. It was established in 1904 and as of March of 2020, it had grown to 72 employees at 7 locations. Northwestern Bank's money market rates are 36% higher than the national average, and it has an A health rating.

Reviews (1)

Northwestern Bank Experience

Posted by: |

While recently searching for a convenient bank to accommodate my small business needs,I came across a local bank that fit them all,I was able to meet with someone the same day I called. They explained all options and was very friendly. The bank had ATM cards that I was able to use with both savings and checking accounts 24 hours a day. That was convenient considering I had workers who traveled different places and wld arrive at there destinations at all hours of day or night, they had telebanc that meant I could go and check the balances, I could transfer funds for emergency reasons or any reason,I could also check on pay checks,I could wire funds if needed and even get email and text alerts and receive account information. In conclusion it has fit all my small business needs.

1


Health
A

Data as of Q1 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #2468
Year Established1904
Employees72
Primary RegulatorFED
Profit Margin
Return on Assets - YTD2.21%
Return on Equity - YTD18.32%
Annual Interest Income$5.1MM
Assets and Liabilities
AssetsQ1 2020vs Q1 2019$447.3MM$460.2MM
LoansQ1 2020vs Q1 2019$361.7MM$330.7MM
DepositsQ1 2020vs Q1 2019$389.7MM$409.4MM
Equity CapitalQ1 2020vs Q1 2019$56.3MM$49.3MM
Loan Loss AllowanceQ1 2020vs Q1 2019$9.2MM$9.2MM
Unbacked Noncurrent LoansQ1 2020vs Q1 2019$86.00K$1.8MM
Real Estate OwnedQ1 2020vs Q1 2019$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Northwestern Bank; 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.

Northwestern Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.85%*$10k*-Health Savings Account
OTHER TIERS: 0.50% → Up to $2.5k | 0.75% → $2.5k - $10k
0.15%--Statement Savings
0.15%--Business Statement Savings Account
0.15%--My Future Savings

Northwestern Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$900k*-Keystone Money Market
OTHER TIERS: 0.25% → $10k - $100k | 0.45% → $100k - $900k
0.60%*$900k*- Business Keystone High Yield II Money Market
OTHER TIERS: 0.15% → $10k - $100k | 0.30% → $100k - $900k

Northwestern Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$900k*-Keystone High Yield Account
OTHER TIERS: 0.20% → $10k - $100k | 0.40% → $100k - $900k
0.50%*$900k*-Business Interest Checking
OTHER TIERS: 0.10% → $10k - $100k | 0.30% → $100k - $900k
0.50%*$900k*-Business Municipal Interest Checking
OTHER TIERS: 0.10% → $10k - $100k | 0.30% → $100k - $900k

Northwestern Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.80%$1k-36 Month CD
0.75%$1k-30 Month CD
0.70%$1k-24 Month CD
0.65%$1k-18 Month CD
0.60%$1k-12 Month CD
0.60%$5k-12 Month HSA CD
0.50%$1k-182 Day CD
0.25%$1k-91 Day CD

Northwestern Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%$100-18 Month IRA
Locations


Northwestern Bank Locations
Thorp Branch111 North Washington StreetThorp, WI 54771
Cornell Branch201 Main StreetCornell, WI 54732
Northwestern Bank202 Bridge StreetChippewa Falls, WI 54729
Lafayette Branch17152 County Highway JChippewa Falls, WI 54729
Boyd Branch803 East Murray StreetBoyd, WI 54726
River Prairie Office Branch1430 Rivers Edge TrailAltoona, WI 54720
Chippewa Drive-Up Branch20 East Central StreetChippewa Falls, WI 54729

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