Michigan – Grand Traverse – Traverse City
(SB) Savings banks, state charter
active
www.nwbank.com
Michigan
Grand Traverse
Traverse City
(SB) Savings banks, state charter
active
30792
1955
FDIC Certificate Number: 30792
FDIC's unique number: 43626
The FDIC Field Office where an institution is physically located: Grand Rapids
Federal Reserve ID Number: 621375
Report Date: 2011-06-30
Bank Charter Class: SB
Number of Domestic Offices: 27
Number of Foreign Offices: 0
The date of the last data update: 2006-11-03
1955-11-25 Institution established. Original name: Northwestern Savings And Loan Association.
1984-09-30 Changed organization type to Stock Savings & Loan.
1989-04-30 Changed name to Northwestern Savings Bank And Trust .
1992-02-07 Acquired Ludington Federal Savings Bank in Ludington, Michigan.
1994-09-21 Changed name to Northwestern Savings Bank & Trust, Fsb .
1994-09-21 Changed organization type to Stock Savings Bank.
1996-12-01 Changed name to Northwestern Savings Bank & Trust .
1996-12-01 Changed primary regulatory agency from Office Of Thrift Supervision to Federal Deposit Insurance Corporation.
2002-07-01 Changed name to Northwestern Bank .
Total assets: $876,188,000
Total deposits: $793,874,000
Deposits held in domestic offices: $793,874,000
Equity capital: $78,797,000
Net income: $237,000
Return on Assets: 0.05
Return on Equity: 0.6
Last updated on: 2011-10-20
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Profile ID: LFUS-BAB-P-24118