1st Equity Bank Northwest was a financial institution founded on October 15, 2003, with its headquarters located in Buffalo Grove, Illinois​​. It operated as a state-chartered bank that was not a member of the Federal Reserve System. The bank was classified under the charter class of State Chartered Banks according to the FDIC, which was also its primary federal regulator​​. The FDIC Certificate number for 1st Equity Bank Northwest was 57611. This certificate is a unique identifier for each FDIC-insured institution. The bank was also a non-member of the Federal Reserve, falling under the category of a Federal Reserve Non-Member Bank​​.

The bank's routing number, which is used for directing funds to the correct institution during a transaction, was 071926333 and 3203996​. As for its operation scope, it served customers from a single location, which suggests that its operations were localized and did not span multiple states​.

Ross Levin was noted as a co-founder of 1st Equity Bank Northwest. Levin holds an MBA in Finance and Marketing from Northwestern University’s Kellogg Graduate School of Management and has a diverse background in supervisory, management, and consulting roles in various industries, including banking​​.

Unfortunately, the bank was acquired on May 5, 2020, and it is currently listed as inactive, with no active FDIC insurance as of that date of the acquisition​​. This means that the bank no longer operates as an independent entity and thus does not have current policies to detail.