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Northwest Bank Breaks Ground on New Administrative Office in Spencer!

posted on Thursday, September 20, 2018 in In Our News

Image of new Northwest Bank building rendering

SPENCER, IA –  With the symbolic first cut of the spade, Northwest Bank marked the official start of construction of its new Administration Center in Spencer. The construction of this new 35,000 square foot facility was designed by Matt Barstad and his team at CMBA Architects, Spencer, IA.

“Northwest Bank has about 100 employees in Spencer alone, we were running out of space and needed to expand to continue growing in Financial Services,” Greg Post, President and CEO explained. Post continued by saying, “We are excited about our new building design. We focused on creating an atmosphere geared toward employee collaboration.  Our new space will make it easy for people to work with each other.  The goal of our building design is to empower employees to fulfill the “Bank of Choice” concept, which is done by creating unique working spaces for each individual employee and providing unique collaborative meeting areas.”

Post said, “We are seeing more businesses going this direction – providing spaces for more casual interactions.  We are hoping our new space will enhance our team’s creativity, have free flowing conversations and help build relationships that enrich the sense of our family culture,which is one of our core values. Today many of our team members are located in different buildings in Spencer and by bringing everyone together and foster our culture – will also help us to retain and attract new employees that fit our Northwest Bank values.”

Post said, “The Iowa Great Lakes corridor area is rich with diverse talent from progressive communities, well-known community colleges and universities.  We have the opportunity to further expand staffing and capabilities in our Executive and Customer Support Teams, as well as increase our ability to service current and future customers.”

Northwest Financial Corp. is a family owned organization owned by Neal and Dwight Conover and includes two bank charters, Northwest Bank and First National Bank in Creston and includes Northwest Wealth Management, LLC. Post said, “Northwest Bank values the important role and positive impact we have on the communities we serve. A primary focus is being an Employer of Choice, which means that the well-being of our employees, customers, and community is a top priority.“

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