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Northwest Bank (IA) Rates & Review October 2026

Content reviewed by
Brian McKay Brian McKay
Brian McKay

Brian McKay

Founder & Data Architect
Expertise
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Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
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| iEditorial Disclosure
Editorial Disclosure The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
| ✓Fact Checked | Rates Last Updated and Verified: October 7, 2026

Northwest Bank (IA)'s top rates as of October 7, 2026 are 3.90% APY on its 21-Months 21-Month IRA Certificate Special, 0.25% APY on savings, 0.70% APY on money market accounts, and 6.625% on its Competitive Mortgage - 15 Year Fixed, according to rates verified by MonitorBankRates. Other Northwest Bank (IA) CD rates include 11-Months 11-Month IRA Certificate Special at 3.76%, 6-MONTH CD at 2.11%, and 24-MONTH CD at 2.10%. Other Northwest Bank (IA) mortgage rates include Competitive Mortgage - 15 Year Fixed at 6.625%, Competitive Mortgage - 15 Year Fixed at 6.75%, and VA 30 Year Fixed at 7.00%. MonitorBankRates evaluates the financial stability of Northwest Bank (IA) with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.69%. Rates last updated and verified on 10/07/2026.

Northwest Bank (IA) money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Northwest Bank (IA)? Share your experience about Northwest Bank (IA) by leaving a review below, or read customer reviews before you decide to use Northwest Bank (IA).

MonitorBankRates Verified Healthy Badge Q2 2026 Verified Healthy Q2 2026 Use This Badge on Your Bank Website
Overall Health & Safety Grade ?
A+
Exceptional Health Score: 99/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
1.69%
Excellent Lower than avg
Health Trend ?
Very strong 12 quarters
Full history ›
Northwest Bank
705 Grand Ave
Spencer, IA 51301
https://www.northwest.bank
MemberFDIC
Customer Reviews
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Financial health data as of Q2 2026 (FDIC call report for the quarter ended June 30, 2026). This is the most recent call report available. The FDIC publishes bank call reports about eight weeks after each quarter ends.

Northwest Bank (IA) CD Rates

Product Rate APY Term View More
21 Month IRA Certificate Special 3.90% 3.90% 21 months
Min Deposit $5,000
Details Add an extra 0.10% with a qualifying Northwest Bank checking account; 4.00% | 4.00% APY
Last Updated 10/07/2026
Rate History
No change since Oct 7, 2026 · 3.90% APY · checked 2 times
3.40%3.90%4.40%Oct 7, 2026: 3.90% APYOct 7, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
11 Month IRA Certificate Special 3.75% 3.76% 11 months
Min Balance $5,000
Details Add an extra 0.10% with a qualifying Northwest Bank checking account. 3.85% | 3.86% APY
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 3.76% APY · checked 7 times
3.26%3.76%4.26%Sep 18, 2026: 3.76% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
6-MONTH CD 2.10% 2.11% 6-MONTH
Min Deposit $1,000
Details All Balances
Last Updated 10/07/2026
Rate History
No change since Oct 7, 2026 · 2.11% APY · checked 2 times
1.61%2.11%2.61%Oct 7, 2026: 2.11% APYOct 7, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
24-MONTH CD 2.10% 2.10% 24-MONTH
Min Deposit $1,000
Details All Balances
Last Updated 10/07/2026
Rate History
No change since Oct 7, 2026 · 2.10% APY · checked 2 times
1.60%2.10%2.60%Oct 7, 2026: 2.10% APYOct 7, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
24-MONTH EASY SAVER 2.10% 2.10% 24-MONTH
Min Deposit $200
Details All Balances. Additions of $50 or more are allowed.
Last Updated 10/07/2026
Rate History
No change since Oct 7, 2026 · 2.10% APY · checked 2 times
1.60%2.10%2.60%Oct 7, 2026: 2.10% APYOct 7, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
36-MONTH CD 2.10% 2.10% 36-MONTH
Min Deposit $1,000
Details All Balances
Last Updated 10/07/2026
Rate History
No change since Oct 7, 2026 · 2.10% APY · checked 2 times
1.60%2.10%2.60%Oct 7, 2026: 2.10% APYOct 7, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
48-MONTH CD 2.10% 2.10% 48-MONTH
Min Deposit $1,000
Details All Balances
Last Updated 10/07/2026
Rate History
No change since Oct 7, 2026 · 2.10% APY · checked 2 times
1.60%2.10%2.60%Oct 7, 2026: 2.10% APYOct 7, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
60-Month CD 2.10% 2.10% 60-Month
Min Deposit $1,000
Details All Balances
Last Updated 10/07/2026
Rate History
No change since Oct 7, 2026 · 2.10% APY · checked 2 times
1.60%2.10%2.60%Oct 7, 2026: 2.10% APYOct 7, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%

Northwest Bank (IA) Savings Rates

Product Rate APY View More
ESTATE SAVINGS 1.60% 1.60%
Min Balance $1,000,000
Details Balance: $1,000,000 or More
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 1.60% APY · checked 7 times
1.10%1.60%2.10%Sep 18, 2026: 1.60% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
ESTATE SAVINGS 1.35% 1.35%
Min Balance $500,000
Details Balance: $500,000 to $999,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 1.35% APY · checked 7 times
0.85%1.35%1.85%Sep 18, 2026: 1.35% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
ESTATE SAVINGS 1.00% 1.00%
Min Balance $100,000
Details Balance: $100,000 to $499,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 1.00% APY · checked 7 times
0.50%1.00%1.50%Sep 18, 2026: 1.00% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
COMPASS SAVINGS 0.90% 0.90%
Min Balance $0
Details Balance: Up to $20,000
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.90% APY · checked 7 times
0.40%0.90%1.40%Sep 18, 2026: 0.90% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
ESTATE SAVINGS 0.90% 0.90%
Min Balance $50,000
Details Balance: $50,000 to $99,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.90% APY · checked 7 times
0.40%0.90%1.40%Sep 18, 2026: 0.90% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
ESTATE SAVINGS 0.80% 0.80%
Min Balance $20,000
Details Balance: $20,000 to $49,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.80% APY · checked 7 times
0.30%0.80%1.30%Sep 18, 2026: 0.80% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
ESTATE SAVINGS 0.70% 0.70%
Min Balance $0
Details Balance: $0 to $19,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.70% APY · checked 7 times
0.20%0.70%1.20%Sep 18, 2026: 0.70% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
STATEMENT SAVINGS 0.55% 0.55%
Min Balance $10,000
Details Balance: $10,000 or More
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.55% APY · checked 7 times
0.05%0.55%1.05%Sep 18, 2026: 0.55% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
IRA SAVINGS 0.40% 0.40%
Min Balance $50,000
Details Balance: $50,000 or More
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.40% APY · checked 7 times
0.00%0.45%0.90%Sep 18, 2026: 0.40% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
STATEMENT SAVINGS 0.40% 0.40%
Min Balance $10
Details Balance: $10 to $9,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.40% APY · checked 7 times
0.00%0.45%0.90%Sep 18, 2026: 0.40% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
IRA SAVINGS 0.35% 0.35%
Min Balance $20,000
Details Balance: $20,000 to $49,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.35% APY · checked 7 times
0.00%0.43%0.85%Sep 18, 2026: 0.35% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
HEALTH SAVINGS 0.30% 0.30%
Min Balance $2,500
Details Balance: $2,500 or More
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.30% APY · checked 7 times
0.00%0.40%0.80%Sep 18, 2026: 0.30% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
IRA SAVINGS 0.30% 0.30%
Min Balance $0
Details Balance: $0 to $4,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.30% APY · checked 7 times
0.00%0.40%0.80%Sep 18, 2026: 0.30% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
IRA SAVINGS 0.30% 0.30%
Min Balance $5,000
Details Balance: $5,000 to $19,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.30% APY · checked 7 times
0.00%0.40%0.80%Sep 18, 2026: 0.30% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
HEALTH SAVINGS 0.25% 0.25%
Min Balance $0
Details Balance: $0 to $2,499.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.25% APY · checked 7 times
0.00%0.38%0.75%Sep 18, 2026: 0.25% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%

Northwest Bank (IA) Business Savings Rates

Product Rate APY View More
BUSINESS SAVINGS 1.60% 1.60%
Min Balance $1,000,000
Details Balance: $1,000,000 or More
Last Updated 10/07/2026
Rate History
No change since Sep 15, 2026 · 1.60% APY · checked 8 times
1.10%1.60%2.10%Sep 15, 2026: 1.60% APYSep 15, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
BUSINESS SAVINGS 1.35% 1.35%
Min Balance $500,000
Details Balance: $500,000 to $999,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 15, 2026 · 1.35% APY · checked 8 times
0.85%1.35%1.85%Sep 15, 2026: 1.35% APYSep 15, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
BUSINESS SAVINGS 1.00% 1.00%
Min Balance $100,000
Details Balance: $100,000 to $499,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 15, 2026 · 1.00% APY · checked 8 times
0.50%1.00%1.50%Sep 15, 2026: 1.00% APYSep 15, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
BUSINESS SAVINGS 0.90% 0.90%
Min Balance $50,000
Details Balance: $50,000 to $99,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 15, 2026 · 0.90% APY · checked 8 times
0.40%0.90%1.40%Sep 15, 2026: 0.90% APYSep 15, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
BUSINESS SAVINGS 0.80% 0.80%
Min Balance $20,000
Details Balance: $20,000 to $49,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 15, 2026 · 0.80% APY · checked 8 times
0.30%0.80%1.30%Sep 15, 2026: 0.80% APYSep 15, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
BUSINESS SAVINGS 0.70% 0.70%
Min Balance $0
Details Balance: $0 to $19,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.70% APY · checked 7 times
0.20%0.70%1.20%Sep 18, 2026: 0.70% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%

Northwest Bank (IA) Money Market Rates

Product Rate APY View More
MONEY MARKET 2.00% 2.02%
Min Balance $500,000
Details Balance: $500,000 or More
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 2.02% APY · checked 7 times
1.52%2.02%2.52%Sep 18, 2026: 2.02% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
MONEY MARKET 1.85% 1.87%
Min Balance $250,000
Details Balance: $250,000 to $499,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 1.87% APY · checked 7 times
1.37%1.87%2.37%Sep 18, 2026: 1.87% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
MONEY MARKET 1.65% 1.66%
Min Balance $100,000
Details Balance: $100,000 to $249,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 1.66% APY · checked 7 times
1.16%1.66%2.16%Sep 18, 2026: 1.66% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
MONEY MARKET 1.15% 1.16%
Min Balance $50,000
Details Balance: $50,000 to $99,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 1.16% APY · checked 7 times
0.66%1.16%1.66%Sep 18, 2026: 1.16% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
MONEY MARKET 0.90% 0.90%
Min Balance $1,000
Details Balance: $1,000 to $49,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.90% APY · checked 7 times
0.40%0.90%1.40%Sep 18, 2026: 0.90% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%

Northwest Bank (IA) Business Money Market Rates

Product Rate APY View More
BUSINESS MONEY MARKET 2.00% 2.00%
Min Balance $1,000,000
Details Balance: $1,000,000 or More
Last Updated 10/07/2026
Rate History
No change since Sep 15, 2026 · 2.00% APY · checked 8 times
1.50%2.00%2.50%Sep 15, 2026: 2.00% APYSep 15, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
BUSINESS MONEY MARKET 1.45% 1.45%
Min Balance $500,000
Details Balance: $500,000 to $999,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 15, 2026 · 1.45% APY · checked 8 times
0.95%1.45%1.95%Sep 15, 2026: 1.45% APYSep 15, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
BUSINESS MONEY MARKET 0.95% 0.95%
Min Balance $250,000
Details Balance: $250,000 to $499,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 15, 2026 · 0.95% APY · checked 8 times
0.45%0.95%1.45%Sep 15, 2026: 0.95% APYSep 15, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
BUSINESS MONEY MARKET 0.70% 0.70%
Min Balance $0
Details Balance: $0 to $249,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.70% APY · checked 7 times
0.20%0.70%1.20%Sep 18, 2026: 0.70% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%

Northwest Bank (IA) Business Checking Rates

Product Rate APY View More
Business COMMUNITY CHECKING - 0.20%
Details All Balances
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.20% APY · checked 3 times
0.00%0.35%0.70%Sep 18, 2026: 0.20% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%

Northwest Bank (IA) Mortgage Rates

Product Rate Points APR Term View More
Competitive Mortgage - 15 Year Fixed 6.625% - 6.742% 15 Year
Details Loan Amount: $200,000
Last Updated 10/07/2026
Rate History
No change since Oct 7, 2026 · 6.74% APR · checked 2 times
6.24%6.74%7.24%Oct 7, 2026: 6.74% APROct 7, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
Competitive Mortgage - 15 Year Fixed 6.625% - 6.84% 15 Year
Details Loan Amount: $300,000
Last Updated 10/07/2026
Rate History
No change since Oct 7, 2026 · 6.84% APR · checked 2 times
6.34%6.84%7.34%Oct 7, 2026: 6.84% APROct 7, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
Competitive Mortgage - 15 Year Fixed 6.75% - 7.077% 15 Year
Details Loan Amount: $100,000
Last Updated 10/07/2026
Rate History
No change since Oct 7, 2026 · 7.08% APR · checked 2 times
6.58%7.08%7.58%Oct 7, 2026: 7.08% APROct 7, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
VA 30 Year Fixed 7.00% 1.000 7.213% 30 years
No additional details.
Last Updated 10/07/2026
Rate History
1 change since Sep 18, 2026 · 7.03% → 7.21% ▲ 0.19 pts · high 7.21% / low 7.03%
6.53%7.12%7.71%Sep 18, 2026: 7.03% APROct 7, 2026: 7.21% APRSep 18, 2026Oct 8, 2026
  • Oct 7, 20267.21%▲ from 7.03%
  • Sep 18, 20267.03%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
Competitive Mortgage - 20 Year Fixed 7.375% - 7.552% 20 Year
Details Loan Amount: $300,000
Last Updated 10/07/2026
Rate History
No change since Oct 7, 2026 · 7.55% APR · checked 2 times
7.05%7.55%8.05%Oct 7, 2026: 7.55% APROct 7, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
Competitive Mortgage - 20 Year Fixed 7.375% - 7.575% 20 Year
Details Loan Amount: $200,000
Last Updated 10/07/2026
Rate History
No change since Oct 7, 2026 · 7.58% APR · checked 2 times
7.08%7.57%8.08%Oct 7, 2026: 7.58% APROct 7, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
Competitive Mortgage - 20 Year Fixed 7.50% - 7.77% 20 Year
Details Loan Amount: $100,000
Last Updated 10/07/2026
Rate History
No change since Oct 7, 2026 · 7.77% APR · checked 2 times
7.27%7.77%8.27%Oct 7, 2026: 7.77% APROct 7, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
FHA 30 Year Fixed 7.50% 1.000 8.541% 30 years
No additional details.
Last Updated 10/07/2026
Rate History
1 change since Sep 18, 2026 · 6.90% → 8.54% ▲ 1.64 pts · high 8.54% / low 6.90%
5.26%7.72%10.18%Sep 18, 2026: 6.90% APROct 7, 2026: 8.54% APRSep 18, 2026Oct 8, 2026
  • Oct 7, 20268.54%▲ from 6.90%
  • Sep 18, 20266.90%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%

Northwest Bank (IA) Other Rates

Product Rate Points APY/APR Term View More
COMMERCIAL ANALYSIS WITH INTEREST - - 0.10%
Min Balance $0
Details Balance: $0 to $19,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.10% APY · checked 7 times
0.00%0.30%0.60%Sep 18, 2026: 0.10% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
COMMERCIAL ANALYSIS WITH INTEREST - - 0.20%
Min Balance $20,000
Details Balance: $20,000 to $49,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.20% APY · checked 7 times
0.00%0.35%0.70%Sep 18, 2026: 0.20% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
COMMERCIAL ANALYSIS WITH INTEREST - - 0.30%
Min Balance $50,000
Details Balance: $50,000 to $99,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.30% APY · checked 7 times
0.00%0.40%0.80%Sep 18, 2026: 0.30% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
COMMERCIAL ANALYSIS WITH INTEREST - - 0.40%
Min Balance $100,000
Details Balance: $100,000 to $499,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.40% APY · checked 7 times
0.00%0.45%0.90%Sep 18, 2026: 0.40% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
COMMERCIAL ANALYSIS WITH INTEREST - - 0.50%
Min Balance $500,000
Details Balance: $500,000 to $999,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.50% APY · checked 7 times
0.00%0.50%1.00%Sep 18, 2026: 0.50% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
COMMERCIAL ANALYSIS WITH INTEREST - - 0.60%
Min Balance $1,000,000
Details Balance: 1,000,000 or More
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.60% APY · checked 7 times
0.10%0.60%1.10%Sep 18, 2026: 0.60% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
COMPASS RELATIONSHIP 0.35% - 0.35%
Min Balance $0
Details Balance: $0 to $49,999.99
Last Updated 10/07/2026
Rate History
No change since Oct 7, 2026 · 0.35% APY · checked 2 times
0.00%0.43%0.85%Oct 7, 2026: 0.35% APYOct 7, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
COMPASS RELATIONSHIP 0.45% - 0.45%
Min Balance $50,000
Details Balance: $50,000 to $99,999.99
Last Updated 10/07/2026
Rate History
No change since Oct 7, 2026 · 0.45% APY · checked 2 times
0.00%0.48%0.95%Oct 7, 2026: 0.45% APYOct 7, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
COMPASS RELATIONSHIP 0.60% - 0.60%
Min Balance $100,000
Details Balance: $100,000 or More
Last Updated 10/07/2026
Rate History
No change since Oct 7, 2026 · 0.60% APY · checked 2 times
0.10%0.60%1.10%Oct 7, 2026: 0.60% APYOct 7, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
COMPASS REWARDS 3.10% - 3.14%
Min Balance $0
Details Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Balance: Up to $25,000; Qualifying balance portion: $25,000.01 or More; APY: 3.14%-1.60%
Last Updated 10/07/2026
Rate History
No change since Oct 7, 2026 · 3.14% APY · checked 2 times
2.64%3.14%3.64%Oct 7, 2026: 3.14% APYOct 7, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
COMPASS REWARDS 0.01% - 0.01%
Details Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Balance: All Balances; APY: 3.14%-1.60%
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.01% APY · checked 7 times
0.00%0.26%0.51%Sep 18, 2026: 0.01% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
FIRST TIME HOMEBUYER 0.60% - 0.60%
Min Balance $0
Details Balance: All Balances
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.60% APY · checked 7 times
0.10%0.60%1.10%Sep 18, 2026: 0.60% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
STUDENT/TREASURE SEEKERS 0.40% - 0.40%
Min Balance $10
Details Balance: $10 to $9,999.99
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.40% APY · checked 7 times
0.00%0.45%0.90%Sep 18, 2026: 0.40% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
STUDENT/TREASURE SEEKERS 0.55% - 0.55%
Min Balance $10,000
Details Balance: $10,000 or More
Last Updated 10/07/2026
Rate History
No change since Sep 18, 2026 · 0.55% APY · checked 7 times
0.05%0.55%1.05%Sep 18, 2026: 0.55% APYSep 18, 2026Oct 8, 2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.69%
Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
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Financial Health History

Northwest Bank (IA)’s Texas Ratio fell from 2.59% in Q3 2023 to 1.69% in Q2 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a bank must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

0% 1.0★ 4.2% 2.0★ 8.3% 3.0★ 12.5% 4.0★ 16.6% 5.0★ 15% Verified Healthy limit – lower is healthier Healthy zone 2.59% A+ Q3 2023 A Q4 2023 A Q1 2024 A+ Q2 2024 A+ Q3 2024 A+ Q4 2024 A+ Q1 2025 A+ Q2 2025 A+ Q3 2025 A+ Q4 2025 A+ Q1 2026 1.69% A+ Q2 2026
Swipe the chart sideways to see every quarter.
Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)
Powered by MonitorBankRates

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures
QuarterTotal assetsTexas RatioStar RatingHealth Grade
June 30, 2026$3.0B1.69%5.0A+
March 31, 2026$3.0B1.67%5.0A+
December 31, 2025$3.0B1.86%5.0A+
September 30, 2025$3.0B2.37%5.0A+
June 30, 2025$3.0B3.87%5.0A+
March 31, 2025$2.9B5.00%5.0A+
December 31, 2024$2.9B4.72%5.0A+
September 30, 2024$2.9B3.91%5.0A+
June 30, 2024$2.9B3.83%5.0A+
March 31, 2024$2.6B11.54%5.0A
December 31, 2023$2.6B12.30%5.0A
September 30, 2023$2.6B2.59%5.0A+
Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Northwest Bank (IA) is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Northwest Bank (IA) rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Northwest Bank (IA)'s official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Northwest Bank (IA)
Bank Holding Company NORTHWEST FINANCIAL CORP
Address 705 Grand Ave, Spencer, IA 51301  ·  Clay
Website https://www.northwest.bank
FDIC Certificate # 32647
Established 19881230
FDIC Insurance Date 19890809
Domestic Offices 22
Total Branches 22
Regulator FDIC
FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+
Overall Health Grade Score: 99/100
5.0
Exceptional Out of 5.0 Stars
1.69%
Texas Ratio Nat'l avg: 5.85%
Return on Assets (ROA) 1.3512%
Return on Equity (ROE) 13.6700%
Non-Performing Loans (NPL) 0.20%
Total Assets $2,999,288,000
Total Deposits $2,622,932,000
Equity Capital $294,956,000
Net Income $20,083,000
Headquarters Spencer
Total Branches and Offices 22
Source: FDIC  |  Last Updated 06/30/2026
MonitorBankRates Verified Healthy Badge Q2 2026
Q2 2026 MBR Health & Safety Badge

Northwest Bank (IA) earned the Verified Healthy badge

Display this badge on your website to show visitors your Q2 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates, so there is no need to download or upload anything. Badges are re-tested every quarter; when a new quarter is published, come back to this page for the updated code.

<a href="https://monitorbankrates.com/banks/northwest-bank-rates-review-32647">
  <img src="https://www.monitorbankrates.com/wp-content/uploads/badges/mbr-badge-tier-c-2026-q2.svg"
       alt="MonitorBankRates Verified Healthy Badge Q2 2026"
       width="160" height="160">
</a>
Learn more about the MBR Health & Safety Badge program on our methodology page.

Customer Reviews

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Frequently Asked Questions About Northwest Bank (IA)

How many branches does Northwest Bank (IA) operate?

Northwest Bank (IA) currently maintains approximately 22 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Northwest Bank (IA) does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Northwest Bank (IA) provides members with tools to manage their accounts and build a solid financial history.

Does Northwest Bank (IA) offer online and mobile banking?

Most modern institutions like Northwest Bank (IA) provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.northwest.bank.

Current Northwest Bank (IA) Rates

  • 12-Month CD3.76%
  • 24-Month CD2.10%
  • 36-Month CD2.10%
  • 48-Month CD2.10%
  • 60-Month CD2.10%
  • Savings0.25%
  • MMA0.70%
Retrieved from our database of financial products. Rates subject to change.

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