WARREN, Pa., Oct. 6, 2022 /PRNewswire/ -- Northwest Bank, a
full-service financial institution offering a complete line of
business and personal banking products, today announced the
promotion of Jim Colestro as
executive vice president, retail lending and business banking.
Colestro has held several positions throughout his 15-year career
at the bank, including management roles in the retail network and
corporate retail lending departments. The announcement was shared
by Louis Torchio, president and CEO,
Northwest Bank.
Northwest Bank announced the promotion of
Jim Colestro as EVP, retail lending
and business banking.
"Jim has been an integral part of Northwest's retail lending
growth since 2007 and we couldn't be prouder of Jim as he elevates
into his new role as executive vice president," Torchio said.
"Having led the strategy development and implementation of the
bank's first virtual lending program and mortgage business
development force, Jim has proven to be a vital asset to Northwest
Bank."
In his new role, Colestro will lead Northwest Bank's retail
lending and business banking teams and their growth initiatives
across the bank's footprint.
Of his new opportunity, Colestro said, "It is an honor to lead
Northwest Bank's retail lending and business banking growth
alongside our dedicated team of banking professionals. I look
forward to leveraging my previous experience to continue serving
and supporting our valued customers in this new role."
Colestro earned a bachelor's degree in economics and business
management with minors in finance and marketing from the
University of Pittsburgh at Bradford
and is a graduate of the Pennsylvania Bankers Association School of
Banking.
The son of James and Ann Colestro
of Bradford, Pennsylvania, Jim
resides in Columbus, Ohio with his
wife, Cami and English bulldog, Gabby. During his free time,
Colestro volunteers for CHA Animal Shelter.
About Northwest Bank
Northwest Bancshares, Inc
(Nasdaq: NWBI) is a $14 billion asset
financial services company headquartered in Columbus, Ohio, and the parent company of
Northwest Bank, a Pennsylvania
chartered savings bank headquartered in Warren, Pennsylvania. The Company serves
consumers, small businesses, corporations, and municipalities with
a diverse offering of banking, lending, payments, and wealth
management solutions. As of September 30,
2022, Northwest Bank operates 142 full-service branches
across Pennsylvania, New York, Ohio, and Indiana and provides customers fee-free access
to more than 55,000 ATMs across the United States. Visit
www.northwest.com for more information.
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SOURCE Northwest Bank