About Northwest Bank

A commitment you can bank on.

At Northwest Bank, we’re focused on financial stability and community involvement, and strive to meet the diverse needs of our customers while contributing to the economic growth and prosperity of the communities we serve.

Northwest Bank building

Committed to community banking and rooted in family values. 

Northwest Bank is a family owned bank based in Spencer, Iowa and we're proud to serve a growing number of  locations in Iowa and Nebraska. We are active members of the communities we serve and our bankers make decisions locally—a commitment you can bank on.

Thank you for taking a moment to learn the history and long term commitment of our company to community banking.

A mission of maintaining safe and strong banks with integrity of purpose.

If you are already a customer, thank you for your business. Please let us know how we can improve our service to you. If you are not yet a customer, we welcome the opportunity to serve your needs now and in the future. It is a "Commitment You Can Bank On".

The Conover Story

A Commitment You Can Bank On

Our strategic plan describes our commitment to remain family owned and focuses on serving the communities we currently serve as well as the communities we hope to serve in the future. Our plan is based on a few, simple core values. These values are expressed in our commitments to our communities, customers and employees.

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Safety and Soundness

Experience the peace of mind that comes with banking with Northwest Bank.

We prioritize your financial security above all else. With our unwavering commitment to safety and soundness backed by the Federal Reserve and other supervisory authorities, you can trust that your hard-earned money is in the most secure hands.

Northwest Bank is well capitalized well above regulatory requirements.  In addition to relying on our capital strength, your deposits are insured by the FDIC up to $250,000 per account ownership category.

We invite you to click the link below to review Northwest Bank’s financial statement so you can validate our strength for yourself.  If you have any questions about our financial condition, please contact me.

Joe Conover, President, 712.262.4100.

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Northwest Cares

Commitment To Our Communities
The employees at Northwest Bank participate in a program called Northwest Cares, a benevolent fund started in 1994. They donate their own money to this program, that the Bank then matches, which is designed to help individuals with specific needs through referrals. The mission of Northwest Cares is “To extend a helping hand, through donations, to those with special needs in our communities.”
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Community

Northwest Bank's Financial Literacy Program
Students in our local community schools have adopted a new web-based e-learning platform with the sponsorship from Northwest Bank, taking part in a statewide financial literacy initiative. The Iowa Bankers Association, its member banks and the Iowa College Student Aid Commission have partnered with EverFi, Inc. to deliver the program at no cost to schools. 

Latest News

  • Cybersecurity Tips: Help Us Keep Your Money Safe
    Cybersecurity Tips: Help Us Keep Your Money Safe Article
    Security & Fraud

    Cybersecurity Tips: Help Us Keep Your Money Safe

    Identity theft and cyber scams continue to be a prevalent threat to all consumers. It can happen to anyone at any time. Visit this article for tips for staying safe online!
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  • Tips to Improve Your Credit Score
    Tips to Improve Credit Score Article
    Credit, Financial Education

    Tips to Improve Your Credit Score

    There are various ways to improve your credit score, including making on-time payments, lowering outstanding balances, and avoiding excessive debt. Read this article to discover more tips.
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  • Northwest Bank Donates $10,000 to Algona Community Schools
    Northwest Bank Donation to Algona Community Schools - Newsroom
    Bank News

    Northwest Bank Donates $10,000 to Algona Community Schools

    Northwest Bank in Algona is proud to announce their $10,000 donation to Algona Community School to benefit their Fine Arts Program, reinforcing the bank’s ongoing commitment to the community and its future youth leaders.
    Read More
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Careers at Northwest Bank

We are committed to the success of our employees and offer each member of our team the resources and opportunities to prosper.

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Meet Our Board of Directors

The talented Northwest Bank executive leadership team has a passion for community banking and inspiring our team for greatness.

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