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Northwest Financial Corp. Proudly Announces Greg Post New Appointment

posted on Friday, April 8, 2022 in In Our News

image of greg post

ARNOLDS PARK, IA – Northwest Financial Corp. announces Greg Post, President & CEO of Northwest Financial Corp. has been appointed to the Federal Reserve Bank of Chicago’s Community Depository Institutions Advisory Council.

“The Community Depository Institutions Advisory Council (CDIAC) was established in 2010 by the Board of Governors to provide input to the Board on the economy, lending conditions, and other issues of interest to the community depository institutions,” according to the Federal Reserve Board’s. “Unlike the Federal Advisory Council, CDIAC is not a statutory body, but it performs a parallel function in providing first-hand input to the Board. Members are selected from representatives of banks, thrift institutions, and credit unions serving on newly created local advisory councils at the twelve Federal Reserve Banks. One member of each of the Reserve Bank councils is selected to serve on the CDIAC, which will meet twice a year with the Board in Washington.”

When asked about his new appointment Post commented, “I am honored to represent Iowa, and the four other states in the seventh district, in meeting with the Fed Governors to aid in their strategic initiatives. We meet with Federal Governor Charlie Evans, and other Federal Representatives to give them a current perspective on our local economic and banking conditions to supplement their economic data.”

Post began his three-year term with the Federal Reserve Bank of Chicago’s Community Depository Institutions Advisory Council on March 1, 2022.

Northwest Financial Corp. is a two bank, financial services holding company. The banks include Northwest Bank and First National Bank in Creston. They collectively hold close to $2.6 billion in assets and have 23 offices throughout western Iowa and eastern Nebraska and employ 425 team members. Other entities within Northwest Financial Corp. include Northwest Wealth Management, LLC, and Northwest Insurances Services.

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