Bank Forward

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.00%

Our Rating

4.6 / 5

SoFi Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 4.00% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Overview / Commentary

www.bankforward.com

701-769-2121

390 Wheat St
Hannaford, ND 58448

Bank Forward is headquartered in FARGO and is the 12^th largest bank in the state of North Dakota. It is also the 1,007^th largest bank in the nation. It was established in 1927 and as of September of 2024, it had grown to 236 employees at 12 locations. Bank Forward's CD rates are 3X the national average, and it has an A health rating.

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Health

Data as of Q3 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	8941
Year Established	1927
Employees	236
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.46%
Return on Equity - YTD	14%
Annual Interest Income	$40.1MM

Assets and Liabilities
Assets	Q3 2024vs Q3 2023	$1.03B$978.1MM
Loans	Q3 2024vs Q3 2023	$852.8MM$792.9MM
Deposits	Q3 2024vs Q3 2023	$843.6MM$821.3MM
Equity Capital	Q3 2024vs Q3 2023	$107.8MM$97MM
Loan Loss Allowance	Q3 2024vs Q3 2023	$5.6MM$6.1MM
Unbacked Noncurrent Loans	Q3 2024vs Q3 2023	$3.7MM$1.2MM
Real Estate Owned	Q3 2024vs Q3 2023	$0$110K

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.00%

Our Rating

4.6 / 5

SoFi Bank, N.A.

SoFi Checking and Savings

See Offer

Rates

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Savings
Money Market
Checking
CD
IRA

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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
1.75%	$0	-	IRA Savings Account
0.25%	$0	-	Health Savings Account
0.25%	$0	-	Regular Savings Account

Bank Forward Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.00%^*	$100k^*	-	Money Market Savings
OTHER TIERS: 0.50% → $1k - $25k \| 0.75% → $25k - $50k \| 0.90% → $50k - $100k

Bank Forward Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%^*	$100k^*	-	Forward Interest Checking
OTHER TIERS: 0.15% → $0 - $100k
0.10%	$0	-	Interest Checking

Bank Forward CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.25%	$2.5k	-	7 Month CD Special
3.00%	$500	-	3 Month CD
3.00%	$500	-	6 Month CD
3.00%	$500	-	12 Month CD
3.00%	$500	-	18 Month CD
3.00%	$500	-	24 Month CD
3.00%	$500	-	30 Month CD
3.00%	$500	-	36 Month CD
3.00%	$500	-	48 Month CD
3.00%	$500	-	60 Month CD
3.00%	$2.5k	-	33 Month Triple Option CD Special

Bank Forward IRA Rates

APY	MIN	MAX	ACCOUNT NAME
3.00%	$500	-	12 Month IRA
3.00%	$500	-	18 Month IRA
3.00%	$500	-	24 Month IRA
3.00%	$500	-	30 Month IRA
3.00%	$500	-	60 Month IRA

Locations

Availability

Fargo Area

Fargo Area bank & credit union details

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