Northwest Bank Expands Operations in Ohio

Northwest Bancshares, Inc. expands in Columbus to be more centrally located within the banks operating network

Posted on March 5, 2021May 25, 2021

Company Name: Northwest Bank
Location: Columbus
Industry Sector: Financial Services
Company Profile: Headquartered in Warren, Pennsylvania, Northwest Bancshares, Inc. is the holding company of Northwest Bank. Founded in 1896, Northwest Bank is a full-service financial institution offering a complete line of business and personal banking products, employee benefits and wealth management services, as well as the fulfillment of business and personal insurance needs. As of December 31, 2020, Northwest operates 162 full-service community banking offices and eight free standing drive-through facilities in Pennsylvania, New York, Ohio, and Indiana.
Company Website: www.northwest.com

Project Summary:

Type of Project: New location/relocation
Jobs Committed: 57

Company Need:

Northwest Bank sought to be more centrally located within the bank’s operating network in order to grow and hire employees.

Testimonial:

“Centrally-located within our bank’s operating footprint, Columbus’ successful evolution enhances our strategy to attract and recruit employees in a growing market that shares and amplifies our aspirations. Relocating our holding company headquarters to Columbus is an integral component of our plan to continue providing best-in-class service and access to our customers, support the livelihood and wellbeing of our employees and their families, contribute to the growth of our local businesses and economies, and give back to community organizations that make a difference in the lives of others.”

— Ron Seiffert, president and CEO, Northwest Bank

Why Ohio?

Northwest will locate its new holding company headquarters in Columbus near its existing mortgage fulfillment center. This relocation will position Northwest as a major player and progressive competitor in the national market, with the region’s central location and rich talent pool supporting the company’s vision for growth.

Ohio is the No. 5 largest financial services industry in the U.S. The state is No. 3 in top 50 bank headquarters and No. 4 in top 50 insurance headquarters by assets. In addition to Ohio’s financial services advantages, you can access nearly 75% of the U.S. and Canadian financial services industry within a two-hour flight.

The company will occupy 19,000 square feet at the location, with rights to more space as needed.

CLICK HERE to read the full release.

Collaborators:
JobsOhio, One Columbus and the city of Columbus

Categories: Financial Services