Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
BRITTAIN RICHARD L
   2. Issuer Name and Ticker or Trading Symbol
NORTHWEST BANCORPORATION INC [nbct] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Senior Vice President
(Last)
(First)
(Middle)
421 W RIVERSIDE, STE 113		 3. Date of Earliest Transaction (Month/Day/Year)
09/20/2006
(Street)

SPOKANE, WA 99201		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/20/2006   M V 1,548 A $ 8.397 2,081 (1) D  
Common Stock 09/20/2006   M V 2,814 A $ 11.372 4,895 D  
Common Stock 09/20/2006   M V 2,814 A $ 11.372 7,709 D  
Common Stock 09/20/2006   M V 2,680 A $ 7.461 10,389 D  
Common Stock 09/20/2006   M V 292 A $ 8.301 10,681 D  
Common Stock 09/20/2006   M V 185 A $ 11.502 10,866 D  
Common Stock 09/20/2006   M V 33 A $ 12.59 10,899 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option $ 8.397 09/20/2006   M V   1,548 12/01/1998 09/21/2006 Common Stock 1,548 $ 8.397 0 D  
Employee Stock Option $ 11.372 09/20/2006   M V   2,814 12/01/1999 09/21/2006 Common Stock 2,814 $ 11.372 0 D  
Employee Stock Option $ 11.372 09/20/2006   M V   2,814 12/01/2000 09/21/2006 Common Stock 2,814 $ 11.372 0 D  
Employee Stock Options $ 7.461 09/20/2006   M V   2,680 12/01/2001 09/21/2006 Common Stock 2,680 $ 7.461 0 D  
Employee Stock Options $ 8.301 09/20/2006   M V   292 12/19/2003 09/21/2006 Common Stock 292 $ 8.301 0 D  
Employee Stock Options $ 11.502 09/20/2006   M V   185 12/17/2004 09/21/2006 Common Stock 185 $ 11.502 0 D  
Employee Stock Options $ 12.59 09/20/2006   M V   33 12/22/2005 09/21/2006 Common Stock 33 $ 12.59 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BRITTAIN RICHARD L
421 W RIVERSIDE
STE 113
SPOKANE, WA 99201		       Senior Vice President  

Signatures

 Holly Austin, by power of attorney   09/22/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes 5% stock dividend paid on 06/15/2006 which was a section 16 exempt transaction.
 
Remarks:
The expiration date of the options were changed to 09/21/2006 (which is 90 days from the date that employment ended) in accordance with the Employee Stock Option Agreement. Option prices were decreased and shares increased to adjust for stock dividends issued subsequent to option issue dates.  Options were subject to a 20% per year vesting schedule.

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