Bank Forward

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 1,139^th largest bank in the nation. It was established in 1927 and as of September of 2021, it had grown to 234 employees at 13 locations. Bank Forward has an A health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

Data as of Q3 2021

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	8941
Year Established	1927
Employees	234
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.84%
Return on Equity - YTD	19.17%
Annual Interest Income	$25.5MM

Assets and Liabilities
Assets	Q3 2021vs Q3 2020	$849.2MM$817.1MM
Loans	Q3 2021vs Q3 2020	$627.9MM$581.3MM
Deposits	Q3 2021vs Q3 2020	$744.1MM$692.4MM
Equity Capital	Q3 2021vs Q3 2020	$84.2MM$77.0MM
Loan Loss Allowance	Q3 2021vs Q3 2020	$8.0MM$7.9MM
Unbacked Noncurrent Loans	Q3 2021vs Q3 2020	$835.00K$2.9MM
Real Estate Owned	Q3 2021vs Q3 2020	$2.4MM$2.3MM

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

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

APY	MIN	MAX	ACCOUNT NAME
0.10%	-	-	IRA Savings Account
0.05%	-	-	Health Savings Account
0.02%	-	-	Regular Savings Account

Bank Forward Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
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

Fargo Area

Fargo Area bank & credit union details

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.