Northwest Bank Announces New Bank Location in Ames, IA
posted
on Wednesday, June 3, 2020
in
Community News
(Spencer, Iowa – June 3, 2020) – Leadership of Northwest Bank announced today that they plan to open a bank location in Ames, Iowa. The new Ames location increases Northwest Bank’s footprint to 20 banks located throughout Northwest and Central Iowa, and Eastern Nebraska.
Greg Post, President of Northwest Financial Corp. explains, “Our company’s vision is to be the employer of choice and bank of choice in the communities we serve. We have chosen a great banker, Doug Ragaller, to lead our Ames market. Doug is a smart, talented community banker who is passionate about the Ames community and helping bankers serve their customers.”
Joe Conover, President of Northwest Bank said, “Ames is a growing and thriving city and, we look forward to being a part of the community.” Conover added, “Doug has 25 years of banking and management experience and we are delighted that he has accepted the opportunity to run our Ames bank.”
When asked about joining Northwest Bank, Ragaller commented, “I agree with Northwest Bank’s community bank philosophy where we promise to be the employer of choice and community bank of choice. Their values and culture are why I choose to work for this company.” Ragaller continued, “I look forward to providing a genuine banking relationship where you are part of a family and your financial goals are our top priority.” Doug Ragaller can be reached at 515-231-6590 or dragallar@nw.bank.
Northwest Bank’s Ames location is contingent on regulatory approval and they have applied to the Iowa Department of Banking and the FDIC to operate a bank branch. The opening of Northwest Bank in Ames is expected to occur during the summer of 2020.
About Northwest Bank
Northwest Bank is a $1.7 billion community bank that offers a full line of business, agricultural, mortgage, consumer deposit and lending services as well as wealth management and insurance services. Northwest Bank is community focused and provides superior resources through talented bankers and advanced technology. Northwest Bank has offices located in Algona, Arnolds Park, Ankeny, Estherville, Fort Dodge, Humboldt, Le Mars, Milford, Sioux Center, Sioux City, Spencer, Spirit Lake, West Des Moines, Iowa and Omaha and La Vista, Nebraska.