Peoples Bank intends to change parent company name as it see

Peoples Bank intends to change parent company name as it seeks NASDAQ listing


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.
“As Peoples Bank and our parent company, NorthWest Indiana Bancorp, look to the future, we are dedicated to remaining competitive with today’s 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,” said President and CEO Benjamin Bochnowski. “The new name stands out against competing brands as modern and unique, and represents our ability to deliver best in class, forward-looking financial services. From this core idea, Finward Bancorp was born. The name is a combination of two concepts: financial services and forward. Together, these two essential ideas combine to create something stronger: Finward."

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