Northwest Bank is a bank based in Spencer, Iowa, established in 1988, with $3.0 billion in total assets across 23 branches. By Trust Grade it ranks 68th of 226 banks we track in Iowa. Its capital ratio of 9.9% trails most similarly sized banks (43th percentile), versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 1.26% return on assets. No consumer complaints against Northwest Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Northwest Bank compares to Iowa peers
How we graded Northwest Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.9% capital ratio)
- Strongly profitable (ROA 1.26%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Northwest Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (23)
- 1 N 6th St, Estherville, IA 51334
- 801 W Taylor St, Creston, IA 50801
- 111 Central Ave Nw, Le Mars, IA 51031
- 801 Sumner Ave, Humboldt, IA 50548
- 204 E State St, Algona, IA 50511
- 1802 Okoboji Ave, Milford, IA 51351
- 101 W Adams St, Creston, IA 50801
- 242 N Main Ave, Sioux Center, IA 51250
- 100 E Railroad St, Afton, IA 50830
- 14320 Arbor St, Omaha, NE 68144
- 46 N Okoboji Grove Rd, Arnolds Park, IA 51331
- 1008 18th St, Spirit Lake, IA 51360
- 10 N 29th St, Fort Dodge, IA 50501
- 5700 University Ave, West Des Moines, IA 50266
- 705 Grand Ave, Spencer, IA 51301
- 9719 Giles Rd, La Vista, NE 68128
- 1009 Sw Oralabor Rd, Ankeny, IA 50023
- 3333 N 168th Ct, Omaha, NE 68116
- 100 S 16th St, Ames, IA 50010
- 911 N Ankeny Blvd, Ankeny, IA 50023
- 116 S Blossom St, Shenandoah, IA 51601
- 5801 Sunnybrook Dr, Sioux City, IA 51106
- 705 Grand Ave, Spencer, IA 51301
Are deposits at Northwest Bank insured?
Yes. Northwest Bank is an FDIC-insured bank (FDIC certificate #32647). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Northwest Bank: frequently asked questions
Is Northwest Bank a good bank?
Northwest Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (9.9% capital ratio); Strongly profitable (ROA 1.26%).
Is Northwest Bank FDIC-insured?
Yes. Northwest Bank is a FDIC-insured bank (FDIC certificate #32647). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Northwest Bank?
Northwest Bank holds $3.0 billion in total assets, ranking 68th of 226 banks we track in Iowa. It operates 23 branches.
Does Northwest Bank have CFPB complaints?
No CFPB complaints against Northwest Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
