Finward Bancorp (FNWD)

Overall impact
B (62)

Commentary

Finward Bancorp is a strong overall performer. With a 'B' rating of 62.2 for overall impact (68th percentile compared to all companies), Finward Bancorp ranks 35th out of 76 industry peers, behind County Bancorp, First Capital, First Northwest Bancorp and 31 others, and ahead of Eagle Financial Bancorp, Columbia Banking System, Farmers and Merchants State Bank and 38 others. On top material causes for Finward Bancorp's industry (Banking), Finward Bancorp performs well in Healthy Oceans (86.0 score), Sustainable Use of Natural Resources (85.5) and Terrestrial Biodiversity (85.6) and performs poorly in Affordable, Safe Housing (39.4 score), Quality Lifelong Education (29.5) and Arts and Culture Access (38.6).
Impact
Cause FNWD
Peer rank
Overall impact

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Company
Founded
1994
Employees
296
Sector
Financials
Industry
Financial Services
Sub-industry
Specialized Finance
SASB industry
Commercial Banks
Headquarters
In, United States
Share classes
FNWD
Description
Finward Bancorp operates as the holding company for Peoples Bank that provides various banking products and services. The company's deposit products include non-interest- and interest-bearing demand accounts, savings accounts, money market deposit accounts, certificate accounts, and retirement savings plans. Its loan portfolio comprises residential mortgage loans that enable borrowers to purchase existing homes, refinance existing homes, or construct new homes; construction loans primarily to individuals and contractors; commercial real estate and multifamily loans; consumer loans to individuals for personal, household, or family purposes; home equity line of credit; home improvement loans and equity loans; commercial business loans; government loans; and loans to municipalities. The company also offers estate and retirement planning, guardianships, land trusts, profit sharing and 401(k) retirement plans, IRA and Keogh accounts, and investment agency accounts, as well as acts as personal representative of estates, and trustee for revocable and irrevocable trusts. In addition, it provides insurance and annuity investments to wealth management customers; holds security investments and real estate properties; and operates as a real estate investment trust. The company was formerly known as NorthWest Indiana Bancorp and changed its name to Finward Bancorp in May 2021. Finward Bancorp was founded in 1916 and is headquartered in Munster, Indiana.
Material causes
Ethos considers the following causes material for Finward Bancorp, based on its industry sub-industry Specialized Finance. Learn more about material causes in our methodology overview.

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