Corporate Profile NORTHWEST BANCSHARES, INC. (NASDAQ - NWBI)
Market Value ($M)
$ (0.01) (0.08) %
As of May 23, 2013 Minimum 20 minute delay.
Northwest Bancshares, Inc. (the "Company") is a Federally-chartered savings and loan holding company regulated by the Board of Governors of the Federal Reserve System. The Company is the succesor to Northwest Bancorp, Inc. as a result of the December 18, 2009 mutual-to-stock conversion of Northwest Bancorp, MHC. The Company operates Northwest Savings Bank, a Pennsylvania-chartered savings bank headquartered in Warren, Pennsylvania. Through this subsidiary, the Company operates community-banking locations in Pennsylvania, northeastern Ohio, western New York, and Maryland. The Company also operates Northwest Consumer Discount Company, a consumer finance company with offices in Pennsylvania, Boetger & Associates, an actuarial and employee benefit consulting firm, Veracity Benefits Design, Inc., an employee benefits insurance agency, and Northwest Financial Services, a full and discount brokerage service.
The Company has operated as a community-oriented financial institution since 1896, and has demonstrated a pattern of sustained expansion resulting from strong internal growth combined with a series of mergers, acquisitions, and new office openings.
The Company’s business emphasis is to:
• Solicit personal and business deposits as a primary source of funding.
• Provide high quality personal banking and business banking loans in its markets.
• Offer trust, investment management, employee benefit plans, and brokerage services with a personal touch to individuals, businesses and charitable institutions.
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annuity and insurance products: i) are not deposits or other
obligations of, nor are they guaranteed by, Northwest Savings
Bank or its affiliates; ii) are not insured by the Federal Deposit
Insurance Corporation (FDIC) or any other agency of the United States
or by Northwest Savings Bank or its affiliates; and iii) are subject to
investment risks, including the possible loss of value.