Bank Forward

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
1.75%	5-year CD	60 Month Certificate 2.50% - Ally Bank High Yield 5 Year CD
0.30%	1-year CD	12 Month Certificate 2.10% - Goldman Sachs Bank USA High-yield 12 Month CD
0.05%	Savings	Regular Savings Account 1.60% - Goldman Sachs Bank USA High-yield Online Savings Account

View all Bank Forward rates »

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 1,285^th largest bank in the nation. It was established in 1927 and as of December of 2017, it had grown to 202 employees at 12 locations. Bank Forward has a B+ health rating.

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Health

B+

Data as of Q4 2017

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Health Grade Components

Overall
FDIC Certificate #	8941
Year Established	1927
Employees	202
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.48%
Return on Equity - YTD	14.48%
Annual Interest Income	$24.4MM

Assets and Liabilities
Assets	Q4 2017vs Q4 2016	$555.9MM$544.8MM
Loans	Q4 2017vs Q4 2016	$462.1MM$411.2MM
Deposits	Q4 2017vs Q4 2016	$442.6MM$438.9MM
Equity Capital	Q4 2017vs Q4 2016	$58.3MM$55.1MM
Loan Loss Allowance	Q4 2017vs Q4 2016	$5.2MM$5.0MM
Unbacked Noncurrent Loans	Q4 2017vs Q4 2016	$3.0MM$4.2MM
Real Estate Owned	Q4 2017vs Q4 2016	$1.6MM$204.00K

Rates

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Money Market
Checking
CD
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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

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Fargo Area

Fargo Area bank & credit union details

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