| NWBI 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 accounts, savings accounts, money market deposit accounts, term certificate accounts, and individual retirement accounts. The company’s loan portfolio comprise one-to-four-family residential real estate loans, residential mortgage loans, short term consumer loans, multi-family residential and commercial real estate loans, commercial business loans, and home equity loans and 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, 2015, the company operated 181 community-banking locations in central and western Pennsylvania, western New York, eastern Ohio, and Maryland. It also operates 51 consumer finance offices in Pennsylvania. The company was founded in 1896 and is headquartered in Warren, Pennsylvania. |
