Skilled Talent Drives Northwest Bank’s Expansion in Ohio

Company establishes Ohio as flagship operations outside of headquarters
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Company Name: Northwest Bank
Location: Columbus
Industry Sector: Financial Services
Company Profile: 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. Northwest operates 172 full-service community banking offices and 10 free standing drive-thru facilities in Pennsylvania, New York and Ohio.
Company Website: www.northwest.bank

Project Summary:

  • Type of Project: Expansion
  • Number of Jobs:
    • Jobs committed: 50
    • Jobs retained: 7
    • Types of jobs: Commercial and industrial relationship managers, commercial real estate relationship managers, retail mortgage loan underwriters, processors, closers, quality control analysts and secondary analysts

Company Need:

In October, Northwest Bank announced its plans to expand its presence in the Midwest through a definitive merger agreement to acquire MutualFirst Financial.

Testimonial:

“The Columbus Region’s robust talent pool and significant growth potential were instrumental in our strategic decision to select central Ohio for our flagship operations outside of Pennsylvania. This expansion will also enable us to add significant value to our competitive suite of product offerings through the delivery of outstanding customer experiences.” – Ron Seiffert, chairman, president and CEO, Northwest Bank

Why Ohio?

Northwest Bank will expand its current office in Columbus which employs 24 full-time workers, as well as open a new additional office to support the company’s growth, increased mortgage loan production and dealer sales footprint. The availability of skilled talent was a key driver behind the company’s success and its decision to continue expanding in Ohio.

Ohio is the sixth-largest financial services industry in the U.S. The state has sophisticated tech talent to power innovations in rising tech cities such as Cincinnati, Columbus and Cleveland, which are consistently ranked among the top cities for young professionals and tech talent.

Collaborators:

One Columbus, The City of Columbus, JobsOhio and the Ohio Development Services Agency