Northwest Bank Recognized for Outstanding Community Service, Receives Pillars of the Community Award
20 Juin 2016 - 4:30PM
Business Wire
Northwest Bank was presented today with the prestigious FHLBank
Pittsburgh Pillars of the Community Award in recognition of the
bank’s commitment to community revitalization. The Pillars award is
FHLBank’s highest organizational honor and is presented annually to
select FHLBank members.
Headquartered in Warren, Pa., Northwest received the award at
one of FHLBank’s regional member golf outings. John Bendel, FHLBank
Director of Community Investment, spoke at the event about
Northwest’s community achievements. James Knipple, CRA Officer, and
Ron Andzelik, Chief Compliance Officer, accepted the award on
behalf of the bank.
“We’re honored to accept this award on behalf of Northwest,”
said Mr. Andzelik. “It’s a testament to the commitment our
organization and local teams have to building strong, supportive
communities and helping our neighbors realize the dream of home
ownership.”
As part of the award, FHLBank also presented a $1,000 check on
Northwest’s behalf to Housing Transitions of State College,
Pennsylvania. Housing Transitions is an independent, nonprofit
organization providing housing programs and supportive services to
those in need throughout Centre County.
An active member of the FHLBank cooperative, Northwest saw
completion in 2015 of the Uptown Lofts on Fifth, a new development
project made possible with funding from FHLBank’s Affordable
Housing Program. The project serves young adults leaving foster
care who would be homeless without this critical support. Northwest
has also made good use of the First Front Door program, helping 19
first-time homebuyers with down payments and closing costs.
Additionally, Northwest is an ongoing sponsor of the Town of
Curwensville in the Blueprint Communities initiative, coaching
neighborhood leaders to become agents of change in their
communities.
“Northwest shows that it's dedicated to improving communities
every day by financing affordable housing, helping first-time
homebuyers achieve the dream of owning a home, and taking a
leadership role in revitalizing neighborhoods,” said Winthrop
Watson, FHLBank’s president and CEO. “We are proud to have
Northwest as part of our membership.”
About Northwest Bank
Northwest Bank operates 157 full-service offices and 7
free-standing drive throughs throughout Pennsylvania, New York,
Ohio and Maryland. Founded in 1896, Northwest offers a complete
line of personal and business banking products including employee
benefits, investment management services, insurance and trust.
Northwest Bancshares, Inc. is the holding company of Northwest Bank
and is listed on the NASDAQ Global Select Market as NWBI. More
information about Northwest can be found online at
www.northwest.com.
About FHLBank Pittsburgh
As an intermediary between global capital markets and local
lenders, FHLBank Pittsburgh provides readily available liquidity,
as well as affordable housing and community development
opportunities, to member financial institutions of all sizes in
Delaware, Pennsylvania and West Virginia. The Bank is part of the
Federal Home Loan Bank System, which was established by Congress in
1932 and serves as a reliable source of funds for housing, jobs and
growth in all economic cycles. To learn more, visit
www.fhlb-pgh.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160620005078/en/
FHLBank PittsburghTerri McKay,
412-288-2830terri.mckay@fhlb-pgh.comorNorthwest BankRonald
Andzelik, 814-728-7207ronald.andzelik@northwest.com
Northwest Bancshares (NASDAQ:NWBI)
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