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Northwest Bank & Trust history
Northwest Bank & Trust company history timeline
On July 7, 1941, with only three employees, Northwest Bank & Trust Company opened its doors for business at 1529 Washington Street, Davenport, Iowa, in the heart of "Germantown."
In 1953, the Bank moved down the street to 1454 West Locust Street.
The original drive-up facility on Locust Street was then opened with a ribbon-cutting ceremony in 1960.
In 1968, Northwest Bank established a motor bank at 38th and Brady Streets to service Davenport's fast growing commercial area north of Duck Creek.
In 1969, the bank's trust department, now known as the Investment Management Group, was founded.
The facility was so well received that the bank outgrew the location and in 1974 moved to the nine-story Northwest Bank Tower at NorthPark.
In 1976, the Northwest Bank formed its Employee Stock Ownership Plan, giving employees of the bank minority ownership - a defining moment to this day.
In early 1981, Northwest Bank opened for business in the Bettendorf market.
In 1982, a 6-story office building at the corner of Second and Brady Streets in downtown Davenport was opened.
In 2003, the 50-year-old bank building on West Locust Street and its neighboring drive-up facility were razed and the current full-service facility was built on the same site.
In 2019, one of the bank's long-time partners for trust and estate tax returns and planning, Blair, Westfall & Co., officially became a part of Northwest Bank & Trust Company.
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Northwest Bank & Trust competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Fulton Savings Bank | 1871 | $17.9M | 100 | - |
| Marblehead Savings Bank | 1871 | $5.5M | 350 | - |
| Fifth District Savings Bank | 1926 | $8.9M | 33 | - |
| CommunityBank of Texas, N.A. | 2007 | $131.1M | 292 | - |
| Settlers bank | 2007 | $5.3M | 20 | - |
| Vectra Bank Colorado | 1988 | $128.5M | 750 | 11 |
| Bank Of The Rio Grande | - | $20.0M | 50 | - |
| Fox Valley Savings Bank | - | $19.0M | 61 | 10 |
| Plains Commerce Bank | 1931 | $7.2M | 20 | 4 |
| Merchants Bank | - | $44.3M | 50 | 13 |
Northwest Bank & Trust history FAQs
Zippia gives an in-depth look into the details of Northwest Bank & Trust, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Northwest Bank & Trust. The employee data is based on information from people who have self-reported their past or current employments at Northwest Bank & Trust. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Northwest Bank & Trust. The data presented on this page does not represent the view of Northwest Bank & Trust and its employees or that of Zippia.
Northwest Bank & Trust may also be known as or be related to Northwest Bank & Trust and Northwest Bank & Trust Company.