Northwest Bancshares Inc

Description

Northwest Bancshares, Inc. operates as a bank holding company for Northwest Savings Bank that offers various personal and business banking solutions in the United States. The company operates through two segments, Community Banking and Consumer Finance. It offers personal and business deposits, such as checking, savings, money market deposit, term certificate, and individual retirement accounts. The company's loan portfolio comprise one-to-four-family residential real estate, residential mortgage, short term consumer, multi-family residential and commercial real estate, commercial business, and home equity loans; lines of credit; and consumer loans, including automobile, sales finance, unsecured personal, and credit card loans, as well as loans secured by deposit accounts. In addition, it offers trust, investment management, actuarial and benefit plan administration, brokerage, and title insurance services; and property and casualty, and employer benefit plan insurance services, as well as retail brokerage services. As of December 31, 2016, the company operated 176 community-banking locations in central and western Pennsylvania, western New York, eastern Ohio, and Maryland. It also operates 49 consumer finance offices in Pennsylvania. The company was founded in 1896 and is headquartered in Warren, Pennsylvania.