Bank Forward


Overview / Commentary
701-769-2121
390 Wheat St
Hannaford, ND 58448

Bank Forward is headquartered in Hannaford and is the 13th largest bank in the state of North Dakota. It is also the 1,121st largest bank in the nation. It was established in 1927 and as of June of 2021, it had grown to 233 employees at 13 locations. Bank Forward has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #8941
Year Established1927
Employees233
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.86%
Return on Equity - YTD19.53%
Annual Interest Income$16.9MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$847.6MM$842.7MM
LoansQ2 2021vs Q2 2020$611.9MM$607.0MM
DepositsQ2 2021vs Q2 2020$735.1MM$672.8MM
Equity CapitalQ2 2021vs Q2 2020$81.0MM$74.4MM
Loan Loss AllowanceQ2 2021vs Q2 2020$8.0MM$7.8MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$2.0MM$1.9MM
Real Estate OwnedQ2 2021vs Q2 2020$2.4MM$2.3MM
Rates
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Always verify rates and promotions with the bank or credit union. We are not Bank Forward; we are a rate comparison website and cannot provide official rates or promotions.

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

Bank Forward Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--IRA Savings Account
0.05%--Health Savings Account
0.02%--Regular Savings Account

Bank Forward Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$500k*-Forward Money Market
OTHER TIERS: 0.02% $5k - $100k | 0.05% $100k - $250k | 0.15% $250k - $500k
0.08%*$100k*-Money Market Savings
OTHER TIERS: 0.02% $1k - $25k | 0.04% $25k - $50k | 0.06% $50k - $100k

Bank Forward Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%*$50k*-Forward Interest Checking
OTHER TIERS: 0.02% Up to $25k | 0.03% $25k - $50k
0.02%--Interest Checking

Bank Forward CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.80%$500-60 Month CD
0.60%$500-48 Month CD
0.50%$2.5k-33 Month Triple Option CD Special
0.45%$500-36 Month CD
0.40%$5k-28 Month CD Special
0.35%$500-30 Month CD
0.30%$500-24 Month CD
0.30%$5k-15 Month CD Special
0.25%$500-18 Month CD
0.20%$500-12 Month CD
0.15%$500-6 Month CD
0.10%$500-3 Month CD

Bank Forward IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.80%$500-60 Month IRA
0.35%$500-30 Month IRA
0.30%$500-24 Month IRA
0.25%$500-18 Month IRA
0.20%$500-12 Month IRA
Locations

Availability



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