Northwest Bank enters into an agreement with Liberty Bank in Spirit Lake and Arnolds Park, Iowa

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posted 2/3/2012 in Community News

(Spirit Lake, Iowa) Northwest Bank announces that they have entered into an Agreement with Liberty Bank to purchase their Branch locations in Spirit Lake and Arnolds Park, Iowa.

Northwest Bank intends to complete the purchase on April 14th. Before that time, customers will receive a letter providing additional details concerning their accounts and are encouraged to visit to learn more about Northwest Bank.

Greg Post, President and CEO of Northwest Bank commented, “This opportunity supports our strategic plan of growing in an area that we are familiar with and to continue to provide safe and secure financial products and services. Northwest Bank has local ownership that is truly committed to our customers, employees and supporting the communities we serve. These are the core values that represent Northwest Bank. We look forward to expanding our presence in Spirit Lake and Arnolds Park and we will work hard to provide banking excellence for our new customers.”

About Northwest Bank
Northwest Bank operates 16 banking locations in Iowa and Nebraska with assets of more than $862 million. As a Community Bank, Northwest Bank services Agricultural, Business and Consumer markets and is one of the area’s leading mortgage lenders. In 2011, Northwest Bank was selected as the Iowa Community/Rural SBA Lender of the Year in Iowa.