Bank Forward

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LOCATIONS

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
1.75%	5-year CD	60 Month Certificate 2.25% - Ally Bank High Yield 5 Year CD
0.30%	1-year CD	12 Month Certificate 1.35% - Ally Bank High Yield 12-Month CD
0.05%	Savings	Regular Savings Account 1.05% - Ally Bank Online Savings Account

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Overview / Commentary

www.bankforward.com

701-769-2121

390 Wheat St
Hannaford, ND 58448

Bank Forward is headquartered in Hannaford and is the 13^th largest bank in the state of North Dakota. It is also the 1,291^st largest bank in the nation. It was established in 1927 and as of March of 2017, it had grown to 217 employees at 12 locations. Bank Forward has an A health rating.

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Health

A

Data as of Q1 2017

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Health Grade Components

Overall
FDIC Certificate #	8941
Year Established	1927
Employees	217
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.32%
Return on Equity - YTD	13.07%
Annual Interest Income	$5.5MM

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$558.3MM$530.7MM
Loans	Q1 2017vs Q1 2016	$399.0MM$406.3MM
Deposits	Q1 2017vs Q1 2016	$452.2MM$427.2MM
Equity Capital	Q1 2017vs Q1 2016	$56.5MM$56.6MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$5.0MM$4.9MM
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$3.8MM$2.0MM
Real Estate Owned	Q1 2017vs Q1 2016	$204.00K$1.3MM

Rates

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Checking
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Bank Forward Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%	-	-	IRA Savings Account
0.05%	-	-	Health Savings Account
0.05%	-	-	Regular Savings Account
0.05%	-	-	Business Regular Savings Account

Bank Forward Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$150k^*	-	Forward Money Market
OTHER TIERS: 0.05% → $5k - $150k
0.25%^*	$150k^*	-	Business Forward Money Market
OTHER TIERS: 0.05% → $5k - $150k
0.07%^*	$100k^*	-	Money Market Savings
OTHER TIERS: 0.01% → $1k - $25k \| 0.02% → $25k - $50k \| 0.05% → $50k - $100k
0.07%^*	$100k^*	-	Business Money Market Savings
OTHER TIERS: 0.01% → $1k - $25k \| 0.02% → $25k - $50k \| 0.05% → $50k - $100k

Bank Forward Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%^*	$50k^*	-	Forward Interest Checking
OTHER TIERS: 0.01% → Up to $25k \| 0.02% → $25k - $50k
0.01%	-	-	Interest Checking

Bank Forward CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.75%	$500	-	60 Month Certificate
1.50%	$500	-	48 Month Certificate
1.00%	$500	-	36 Month Certificate
0.90%	$500	-	30 Month Certificate
0.75%	$500	-	24 Month Certificate
0.35%	$500	-	18 Month Certificate
0.30%	$500	-	12 Month Certificate
0.25%	$500	-	6 Month Certificate
0.20%	$500	-	3 Month Certificate

Bank Forward IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.70%	$500	-	60 Month IRA/Keogh
0.85%	$500	-	30 Month IRA/Keogh
0.70%	$500	-	24 Month IRA/Keogh
0.30%	$500	-	18 Month IRA/Keogh
0.25%	$500	-	12 Month IRA/Keogh

Locations

Bank Forward has 12 locations. Click to view all Bank Forward locations.