# Finward Bancorp

Finward Bancorp is an Asset Manager based in Munster, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Munster, United States
- **Region:** North America
- **Address:** Munster, IN, United States
- **Assets under management:** $2.1B in total assets (per FDIC call report, 2025)
- **Website:** finward.com

## Regulatory record

- **Reports private funds:** No

## About

Finward Bancorp is a locally managed financial holding company headquartered in Munster, Indiana. It holds the stock of Peoples Bank, which offers personal and business financial services.

## Sectors

- Real Estate
- Private Credit

## People

- Benjamin Bochnowski — President and Chief Executive Officer

## Questions

### Who runs investment decisions at Finward Bancorp?

Benjamin Bochnowski, as President and CEO, oversees all lending and investment activities at Finward Bancorp and its wholly owned subsidiary, Peoples Bank. The board of directors, including members of the Bochnowski family, provides governance oversight. Day-to-day credit decisions are delegated to senior lending officers within the commercial and mortgage divisions.

### How does Finward Bancorp source its loan deal flow?

Finward sources commercial real estate and C&I loans through a network of branch offices and relationship managers in Northwest Indiana and the south Chicago suburbs. The bank's community positioning and generational presence in Lake County provide referral-based origination. For SBA lending, Finward participates in the Chicago SBA district's approved lender programs, generating fee income alongside loan growth.

### Does Finward participate in fund commitments or only direct lending?

Finward does not make private fund commitments. The bank only extends credit directly to borrowers through its loan portfolio. Its securities portfolio, disclosed in quarterly call reports, consists primarily of agency mortgage-backed securities, U.S. Treasury notes, and municipal bonds — all held for liquidity and interest-rate risk management rather than alternative investment exposure.

### What lending verticals does Finward Bancorp target?

Finward's commercial loan book concentrates on income-producing CRE — multifamily apartment buildings, retail shopping centers, and industrial warehouses. C&I lending serves middle-market manufacturers, distributors, and service businesses in the southern Chicago metro. The bank also originates conforming residential mortgages for sale or portfolio retention and participates in SBA 7(a) small-business lending.

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Last updated: 2026-06-03T20:00:00.000Z

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