NORTHWEST INDIANA BANCORP ANNOUNCES CORPORATE NAME CHANGE TO FINWARD BANCORP
May 24, 2021 09:00 ET | Source: Northwest Indiana Bancorp Northwest Indiana Bancorp Munster, UNITED STATES
MUNSTER, Ind., May 24, 2021 (GLOBE NEWSWIRE) NorthWest Indiana Bancorp, the holding company for Peoples Bank, today announced that the company’s corporate name has been changed from “NorthWest Indiana Bancorp” to “Finward Bancorp” (OTC Pink: FNWD) (the “Bancorp”), effective Monday, May 24, 2021. In connection with the name change, the Bancorp’s common stock began trading under the new ticker symbol “FNWD” on the OTC Pink Marketplace, effective as of the opening of trading on May 24, 2021. The new CUSIP number for the Bancorp’s common stock is 31812F109. The name change was approved by the Bancorp’s shareholders on March 3, 2021.
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NorthWest Indiana Bancorp, the Munster-based parent company of Peoples Bank, has been in existence since the early 1990s, when the long-running financial institution went from being a mutual savings and loan to a community bank.
And now it s about to evolve again. Peoples Bank is looking to change the name of its holding company from NorthWest Indiana Bancorp, whose stock symbol is NWIN, to Finward Bancorp as it seeks to become one of the few Northwest Indiana-based companies to be listed on NASDAQ, a major stock market that would greatly increase the bank s access to capital.
âAs Peoples Bank and our parent company, NorthWest Indiana Bancorp, look to the future, we are dedicated to remaining competitive with todayâs financial institutions along with a commitment to the future of banking. With that in mind, NWIN has made the decision to undergo a full rebrand, including a new name,â said President and CEO Benjamin Bochnowski. âThe new name stands out against com