American Federal Saving

Status:Inactive as of 03/07/1992
 Merger - Without Assistance
Successor Bank:Northwest Bank
Headquarters:American Federal Saving
1301 Liberty Street
Franklin, PA 16323
Established:12/03/1943
FDIC Insurance:12/03/1943
FDIC Cert:#30235
Charter Class:
Total Assets:$117,929,000
Total Deposits:$108,360,000

History

1943-12-03Institution established: Original name:American Federal Saving
1992-03-07Merged into and subsequently operated as part of Northwest Mutual Savings Association (28178) in WARREN, PA
1993-09-10Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
1993-09-10Changed organization type to MUTUAL SAVINGS BANK
1993-09-10Changed name to Northwest Savings Bank (28178)
1994-11-04Changed organization type to STOCK SAVINGS BANK
1994-11-04Changed from the Savings Association Insurance Fund to the Bank Insurance Fund.
1994-11-04Reorganized.
1996-03-30Acquired First Federal Savings Bank of Kane (29859) in KANE, PA
1996-04-12Acquired The First National Bank of Centre Hall (7430) in CENTRE HALL, PA
1997-02-21Acquired Bridgeville Savings Bank, F.S.B. (28772) in BRIDGEVILLE, PA
1998-02-17Reorganized.
1998-10-21Acquired Corry Savings Bank (29923) in CORRY, PA
1999-01-22Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2001-04-27Acquired Heritage Trust Company (33747) in ERIE, PA
2002-09-13Acquired Prestige Bank, A Federal Savings Bank (29455) in PITTSBURGH, PA
2003-10-20Acquired Bell Federal Savings and Loan Association (28421) in BELLEVUE, PA
2004-09-10Acquired Leeds Federal Savings Bank (28270) in BALTIMORE, MD
2004-11-12Acquired First Carnegie Deposit (27706) in CARNEGIE, PA
2005-05-20Acquired Jamestown Savings Bank (34088) in LAKEWOOD, NY
2005-10-21Acquired Equinox Bank, FSB (34871) in PEMBROKE PINES, FL
2006-05-19Acquired Maryland Permanent Bank & Trust Company (27555) in OWINGS MILLS, MD
2007-06-22Acquired CSB Bank (15921) in CURWENSVILLE, PA
2009-10-23Acquired Keystone State Savings Bank (28416) in SHARPSBURG, PA
2015-01-29Changed name to Northwest Bank (28178)
2015-08-14Acquired The Lorain National Bank (14832) in LORAIN, OH
2019-03-08Acquired Union Community Bank (35257) in MOUNT JOY, PA
2020-04-24Acquired MutualBank (27744) in MUNCIE, IN