NORTHWEST BANK OF ROCKFORD
ROCKFORD, ILLINOIS · FDIC Cert #20666
Capital & Safety Analysis
According to FDIC financial data, NORTHWEST BANK OF ROCKFORD holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject NORTHWEST BANK OF ROCKFORD to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
NORTHWEST BANK OF ROCKFORD shows some financial weakness with a Health Score of 31/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
NORTHWEST BANK OF ROCKFORD has a Bank Health Score of F (31/100). It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
NORTHWEST BANK OF ROCKFORD holds $434M in total assets and $371M in total deposits. It is located in ROCKFORD, ILLINOIS (FDIC Certificate #20666).
NORTHWEST BANK OF ROCKFORD has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 3.62%, and the return on assets is 1.57%.
Yes. NORTHWEST BANK OF ROCKFORD is FDIC-insured (Certificate #20666). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.