NORTHWESTERN BANK

  • Bank Name:Northwestern Bank
  • Bank Class:State Chartered - FED Nonmember Bank
  • FDIC ID:Certificate #13411 - Inactive
  • FED RSSD ID:#274548 - Inactive
Headquarters:122 Central Avenue Nw, Orange City, Iowa 51041
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HISTORY OF NORTHWESTERN BANK

Northwestern Bank was established on January 1, 1882, originally named Northwestern State Bank of Orange City. Over the years, it underwent several significant changes. On December 30, 1989, the main office was relocated to Main Street in Orange City, Iowa. In a notable expansion, on April 24, 2006, the bank changed its name to Northwestern Bank, moved its main office to 122 Central Avenue Northwest in Orange City, and acquired Security State Bank located in Sheldon, Iowa. Ultimately, on October 16, 2023, Northwestern Bank merged with and became part of Security National Bank of Sioux City, Iowa, marking the culmination of its nearly 142 years of operation.

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

DATEEVENT

1882-01-01Institution established. Original name: Northwestern State Bank of Orange City.

1917-12-28Changed Trust Powers to Full

1989-12-30Main Office moved to Main Street, Orange City, IA 51041.

2006-04-24Changed Institution Name to Northwestern Bank.

2006-04-24Acquired Security State Bank in Sheldon, IA.

2006-04-24Main Office moved to 122 Central Avenue Nw, Orange City, IA 51041.

2023-10-16Merged and became part of The Security National Bank of Sioux City, Iowa in Sioux City, IA.

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