Northwest Bank

  • Bank Name:Northwest Bank
  • Bank Class:State Chartered - FED Nonmember Bank
  • Member FDIC:Certificate #32647
  • Routing Number:ACH & Wire - 273970682
  • Locations:23 Branches in 2 states
  • Web Address:nw.bank
Headquarters:1607 W. 18th Street, Spencer, Iowa 51301

Northwest Bank Information

Northwest Bank was founded in December 1988 and is based in Spencer, Iowa. The bank operates as a subsidiary of Northwest Financial Corp.. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, Northwest Bank is classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. Northwest Bank is a FDIC-insured bank with certificate number of 32647. The assigned Fed RSSD ID of Northwest Bank is 1387605.

Northwest Bank currently operates with 23 branches located in 2 states. The bank has most branches in Iowa and Nebraska. As of today, Northwest Bank is the 353rd largest bank in US by branch count. Northwest Bank is the 9th largest bank in Iowa with 20 branches; 80th in Nebraska with 3 branches.

A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for Northwest Bank is 273970682. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.

The full address of bank headquarters is 1607 W. 18th Street, Spencer, IA 51301. You can visit the official website of the bank at https://www.nw.bank for more information and online banking service if available. For a comprehensive list of Northwest Bank branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.

Map Of Branch Locations

Bank Offices By State

History Of Northwest Bank

Northwest Bank, originally established as Northwest Federal Savings Bank in Spencer, Iowa, on December 30, 1988, has undergone several significant transformations and expansions throughout its history. The institution changed its name to Northwest Bank on April 15, 2008. In the years following its establishment, Northwest Bank expanded its footprint through acquisitions, including Home Federal Savings and Loan Association of Spencer on December 31, 1988, and Gateway Savings Bank in Ankeny, Iowa, on August 25, 2006. The bank transitioned from being a member of the Federal Reserve System to a state-chartered bank, with various changes to its regulatory oversight occurring between 2011 and 2012. Notably, the main office moved from 101 West 5th Street in Spencer on February 2, 2009, to its current location at 705 North Grand Avenue, Spencer, Iowa, on August 21, 2013. In recent years, the bank has continued to grow, acquiring the First National Bank in Sioux Center, Iowa, on October 11, 2013, and most recently, the First National Bank in Creston, Iowa, on May 13, 2024.

Below is a list of some important events in bank's history, including mergers and acquisitions.

05-13-2024Acquired The First National Bank in Creston in Creston, IA.

10-11-2013Acquired First National Bank in Sioux Center, IA.

08-21-2013Main Office moved to 705 North Grand Avenue, Spencer, IA 51301.

02-21-2012Changed Primary Federal Regulatory Agency to FDIC.

02-21-2012Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

View 10 More Events in Bank's History …

Reviews & Complaints

Colleen Sander
Colleen Sander · 15 September 2018
★★★★★ Branch review: Arnolds Park Branch

A Great Bank..Always so friendly..... Read more

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Bank Rating & Reviews
3.4 / 5
  • Rating 3.44/

Bank rating displayed here is the average value for all Northwest Bank branches. A total of 9 customers had cast their vote for 23 branches and in average, Northwest Bank got a score of 3.4 out of 5 stars. The bank has 1 reviews or customer complaints filed.

Popular Branches
1008 18th Street, Spirit Lake, IA 51360
705 Grand Avenue, Spencer, IA 51301
10 North 29th Street, Fort Dodge, IA 50501
204 East State Street, Algona, IA 50511
111 Central Avenue Nw, Le Mars, IA 51031
242 North Main Avenue, Sioux Center, IA 51250
801 Sumner Avenue, Humboldt, IA 50548
Newly Opened Branches

No new branches were opened in the last 12 months...

Closed Branches

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