NorthWest Indiana Bancorp in Munster, Ind., has taken on a new identity.
The $1.6 billion-asset company said in a press release Monday that it had rebranded as Finward Bancorp in a move that took place last month. The company changed its stock symbol to “FNWD” as part of the rebranding.
The company said the new name “reflects its “growth and evolution … in recent years” while conveying the “dynamic forward movement” in its business and strategic direction.
The change also acknowledges that the company’s geographic footprint has grown beyond northwest Indiana to include southern Chicago suburbs.