About First Women's Bank
First Women's Bank is a Financial Services company based in Chicago (United States) founded in 2019 by Melissa Widen. A bank focused on supporting women-owned businesses and closing gender gaps in lending. It operates on a Subscription Services and Commission-Based model. First Women's Bank has raised $5.35 million across 1 funding round. First Women's Bank offers products and services including Elevate Savings Account, Business Checking, and Commercial Lending. Its focus areas include Banking and Commercial Banking. Its legal entity is FWBank.
Company details
First Womens Bank is dedicated to empowering women by providing innovative banking solutions. Services are offered in personal and business banking, including savings, checking, and commercial lending. The bank operates with a mission to close the gender gap in access to capital. Support is extended through digital banking platforms and community resources. Sectors served include small businesses, particularly those owned by women. The bank is positioned to address disparities in financial access and promote gender equality. A variety of tailored financial products are provided to meet unique needs.
- Headquarters Chicago, United States
- Founders Melissa Widen
- SectorsFinancial Services
- Phone•••• ••••
- Website firstwomensbank.com
- Social LinkedIn Instagram
- Legal Name Fwbank
- Total Equity Funding$5.35M (USD)
in 1 rounds
- Latest Funding Round$5.35M (USD), Series A
Oct 2020
Products & Services of First Women's Bank
First Women's Bank offers a comprehensive portfolio of products and services, including Elevate Savings Account, Business Checking, and Commercial Lending.
Savings account designed to support women's economic goals.
Checking account tailored for women-owned business needs.
Lending solutions provided for women-owned business growth.
Funding Insights of First Women's Bank
First Women's Bank has successfully raised a total of $5.35M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.35 million completed in October 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $5.35M
- Total Rounds 1
- Last Round Series A — $5.35M
- First Round $5.35M
(Oct 2020)
All 1 funding rounds of First Womens Bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2020 | $5.35M | Series A | – | – | – |
People of First Women's Bank
18 people are tracked at First Women's Bank (14 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Melissa Widen | Founder | Leadership |
Emily Mattes | Senior Vice President | Leadership |
Claudio Montoya | Senior Vice President/ Government Guaranteed Lending | Leadership |
Kirstin L. Jones, MBA | Vice President, Digital Marketing & Community Engagement | Leadership |
Gabe Beukinga | Head of Commercial Lending | Leadership |
Sarita Vora | Senior Vice President | Leadership |
Maria Tabrizi | Evp, Chief Operating Officer | Leadership |
Cathy (McMahon) Shackel | Vice President - Deposit Operations | Leadership |
Patricia Rosa, MBA | Senior Vice President - Cashier and Controller | Leadership |
Marianne Markowitz | Chief Executive Officer | Leadership |
Daniel Konwent | Chief Credit Officer | Leadership |
Roxanne R. | Vice President, Business Banking | Leadership |
Cynthia Bailey | Vice President Loan Operations | Leadership |
Christina Rashid | Director | Leadership |
Nia Batts | Senior Advisor | Team |
Amanda Navarro | SBA Documentation Manager | Team |
Naydine Varela | Business Relationship Manager, AVP | Team |
Kristin D. | Business Development Officer | Team |
Complete people profiles for First Women's Bank
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of First Women's Bank
2 dated milestones of First Women's Bank across 1 years, from founding to its latest funding, stage changes and deals.
- Founded First Women's Bank is founded.
- Funding First funding round of $5.3M.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about First Women's Bank
Complete news archive for First Womens Bank
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about First Women's Bank
First Women's Bank was founded in 2019 and raised its 1st funding round 1 year after it was founded.
First Women's Bank is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
First Women's Bank is a funded company, having raised a total of $5.35M across 1 funding round to date. The company's 1st funding round was a Series A of $5.35M, raised on Oct 2020.
First Womens Bank is dedicated to empowering women by providing innovative banking solutions. Services are offered in personal and business banking, including savings, checking, and commercial lending. The bank operates with a mission to close the gender gap in access to capital. Support is extended through digital banking platforms and community resources. Sectors served include small businesses, particularly those owned by women. The bank is positioned to address disparities in financial access and promote gender equality. A variety of tailored financial products are provided to meet unique needs.
First Women's Bank offers Elevate Savings Account, Business Checking, and Commercial Lending.
First Women's Bank operates through Fwbank.