News

Northwest Bank, announced today that Guy Kim has joined the bank as president of the Idaho Division. As market president, Mr. Kim will strategically guide business development, provide leadership for banking professionals across the state, and provide oversight for the day-to-day operations of the market, including engaging with clients, community leaders, and regulators.

Western Capital Corporation (the “Company”), holding company for Northwest Bank, announced the completion of a $55 million private placement of its 6.875% fixed rate senior unsecured notes (the “Notes”) due 2030.

 

On November 17, 2025, Morningstar DBRS assigned an investment grade rating of BBB (low) with a Stable trend to the Company. Morningstar DBRS also assigned credit ratings to Northwest Bank, including a Long-Term Issuer Rating of BBB with a Stable trend. The net proceeds from the Notes will be used to redeem the Company’s existing $25 million senior notes and for general corporate purposes, including supporting ongoing operations, strengthening liquidity and funding strategic initiatives aimed at delivering long-term value to shareholders.

We're excited to announce that our Utah loan production office is becoming a full-service branch as of May 1.
 
The community is invited to an open house reception on May 16 from 2-4 p.m. (MDT) to celebrate the launch of the new branch and explore its expanded range of products and services.