In November 2004, Northwest Savings Bank celebrated its 10th year as a publicly traded company.

Over the last decade, the bank has enjoyed great success: assets increased 363 percent, from $1.59 billion to $5.78 billion, and the number of offices grew from 45 to 141.

Overall, 2004 was a year of many accomplishments for Northwest Savings Bank. The second-largest acquisition in the history of the bank concluded in September with the merger of Leeds Federal Savings Bank in Baltimore, Md. Northwest acquired First Carnegie Deposit, a three-branch bank, to bring the total number of offices in the Pittsburgh area to 24.

The bank opened three new community banking facilities in Fairview, Hershey, and Hanover and replaced banking facilities in Meadville, Sarver, Kittanning and Erie.

Northwest Savings Bank has three convenient offices in Butler County. One is in Butler at 151 Pittsburgh Road. In Valencia the bank office is at 1421 Pittsburgh Road, and in Sarver it is at Monroe Road and Route 356.

Internet banking continues to grow in popularity. Customers can pay bills online, check balances and transfer funds from one account to another. This free service, well received by customers, saves them time, effort and money.

Looking ahead, Northwest Savings Bank is committed to remaining an independent community banking organization that provides its customers with the personal, accurate, friendly service they deserve.

Mid-year in 2005, Northwest Savings Bank will merge with its sister bank, Jamestown Savings Bank. The merger will provide Northwest customers with 152 community banking offices in Pennsylvania, New York, Ohio and Maryland.