Special Message from Northwest Bank
March 15, 2023
Like many individuals and banking industry insiders, you may have found the last few days unsettling following the news surrounding Silicon Valley Bank and Signature Bank. We anticipate these recent events will have no direct impact on Northwest Bank.Northwest Bank has been a “Main Street” bank for the last 126 years with a strong track record navigating complex economic circumstances. Our institution has a solid liquidity and funding position with a strong balance sheet. We are well-capitalized, well above regulatory standards, with a long history of safety and soundness. Northwest Bank remains focused on long-term banking relationships with individuals, families, and businesses in our communities.
Most importantly, we believe that when you succeed, we succeed. To that end, I want to thank you for your business and loyalty. Our team is committed to providing the best banking experience and looks forward to your continued trust and support. Our branch teams stand ready to offer advice and guidance regarding your banking relationship.
Sincerely,
Louis Torchio
President & Chief Executive Officer
Northwest Bank
p.s. I encourage you to review our FDIC insurance resources. Here, you’ll find helpful information provided by the FDIC.