News Release: 1/22/2019
January 22, 2019
FOR IMMEDIATE RELEASE Contact:
January 21, 2019 Tracy Schwind: 563.388.2545
Northwest Bank & Trust Company Purchases Blair, Westfall and Co., P.C.
Becomes First Bank in Quad Cities With Accounting Practice
Northwest Bank & Trust Company became the first bank in the Quad Cities with full accounting services available to their customers with the acquisition of Blair, Westfall and Co., P.C. on January 1, 2019. The bank will now offer tax return preparation, tax planning, payroll and accounting services to both individuals and businesses through its new subsidiary.
Blair, Westfall and Co. is a full service accounting firm that has been in operation for nine years in the Quad Cities with offices in Davenport, IA and Milan, IL. Amy Westfall, the firm’s prior owner, has remained on as Vice President, Tax and Accounting Manager. The business has retained the name Blair Westfall and Co.
“Northwest Bank has a long history of entrepreneurial spirit in our approach to business, so we are always looking for ways to expand our offerings in innovative ways,” stated Joe Slavens, President/CEO of Northwest Bank & Trust Company. “We are very excited to be able to now offer our clients a more complete menu of services than ever before.”
“Making the decision to sell Blair Westfall was a very difficult decision but one I needed to make. I knew it was important to find the right buyer. Northwest Bank is a family owned bank that has been part of the Quad Cities community for over 75 years. I know they share my values and dedication to customer service. It’s a perfect fit,” stated Amy Westfall.
Blair Westfall and Co. has four full-time and one part-time accountants that were all retained as part of the transition. They will continue to work in their current offices until June, at which time the Davenport office will move to the 8th floor of the Northwest Bank NorthPark Tower to share space with the bank’s Investment Management Group.
Northwest Bank & Trust Company has been providing direction and producing results for individuals and businesses in the Quad Cities area since 1941 with a full range of products including trust and investment management services. Locally owned and managed it has full service banking locations in the NorthPark Tower and on West Locust Street in Davenport, and at the intersection of Spruce Hills Drive and Middle Road in Bettendorf. Learn more online at www.northwestbank.com.
Tracy Schwind, Senior Vice President Marketing / General Manager Stratman Solutions