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Bank Forward Rates & Review March 2026

Bank Forward's 7-Months 7-Month CD Special rates are at 3.50%, 15-Months 15-Month CD Special rates are at 3.25%. Bank Forward's savings rates are at 0.50%. MonitorBankRates evaluates the financial stability of Bank Forward with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.33%. Rates were last updated on 03/16/2026.

Bank Forward money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Bank Forward? Share your experience about Bank Forward by leaving a review below, or read customer reviews before you decide to use Bank Forward.

Overall Health & Safety Grade ?
A+
Exceptional Health Score: 99/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
1.33%
Excellent Lower than avg
Bank Forward
5650 37th Ave S
Fargo, ND 58104
https://www.bankforward.com
Member FDIC

Bank Forward CD Rates

Product Rate APY Term View More
7 Month CD Special 3.48% 3.50% 7 Months
Min Balance $2,500
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
15 Month CD Special 3.25% 3.25% 15 Months
Min Balance $2,500
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%

Bank Forward Savings Rates

Product Rate APY View More
Business Forward Money Market Savings 1.98% 2.00%
Min Balance $2,000,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Forward Money Market Savings 1.98% 2.00%
Min Balance $2,000,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Business Forward Money Market Savings 1.59% 1.60%
Min Balance $500,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Forward Money Market Savings 1.59% 1.60%
Min Balance $500,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Business Forward Money Market Savings 1.54% 1.55%
Min Balance $250,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Forward Money Market Savings 1.54% 1.55%
Min Balance $250,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
IRA Savings Account 1.49% 1.50%
Min Balance $0
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Business Forward Money Market Savings 1.39% 1.40%
Min Balance $100,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Forward Money Market Savings 1.39% 1.40%
Min Balance $100,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Business Forward Money Market Savings 1.00% 1.00%
Min Balance $5,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Business Money Market Savings 1.00% 1.00%
Min Balance $100,000
Details $1,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Forward Money Market Savings 1.00% 1.00%
Min Balance $5,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Money Market Savings 1.00% 1.00%
Min Balance $100,000
Details $1,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Business Money Market Savings 0.70% 0.70%
Min Balance $50,000
Details $1,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Money Market Savings 0.70% 0.70%
Min Balance $50,000
Details $1,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Business Money Market Savings 0.60% 0.60%
Min Balance $25,000
Details $1,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Money Market Savings 0.60% 0.60%
Min Balance $25,000
Details $1,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Business Money Market Savings 0.50% 0.50%
Min Balance $1,000
Details $1,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Money Market Savings 0.50% 0.50%
Min Balance $1,000
Details $1,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Health Savings Account 0.25% 0.25%
Min Balance $0
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Business Regular Savings 0.20% 0.20%
Min Balance $200
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Regular Savings 0.20% 0.20%
Min Balance $200
Details $200 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%

Bank Forward Money Market Rates

Product Rate APY View More
Business Forward Money Market Savings 1.98% 2.00%
Min Balance $2,000,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Forward Money Market Savings 1.98% 2.00%
Min Balance $2,000,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Business Forward Money Market Savings 1.59% 1.60%
Min Balance $500,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Forward Money Market Savings 1.59% 1.60%
Min Balance $500,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Business Forward Money Market Savings 1.54% 1.55%
Min Balance $250,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Forward Money Market Savings 1.54% 1.55%
Min Balance $250,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Business Forward Money Market Savings 1.39% 1.40%
Min Balance $100,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Forward Money Market Savings 1.39% 1.40%
Min Balance $100,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Business Forward Money Market Savings 1.00% 1.00%
Min Balance $5,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Business Money Market Savings 1.00% 1.00%
Min Balance $100,000
Details $1,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Forward Money Market Savings 1.00% 1.00%
Min Balance $5,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Money Market Savings 1.00% 1.00%
Min Balance $100,000
Details $1,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Business Money Market Savings 0.70% 0.70%
Min Balance $50,000
Details $1,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Money Market Savings 0.70% 0.70%
Min Balance $50,000
Details $1,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Business Money Market Savings 0.60% 0.60%
Min Balance $25,000
Details $1,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Money Market Savings 0.60% 0.60%
Min Balance $25,000
Details $1,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Business Money Market Savings 0.50% 0.50%
Min Balance $1,000
Details $1,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Money Market Savings 0.50% 0.50%
Min Balance $1,000
Details $1,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%

Bank Forward Checking Rates

Product Rate APY View More
Community+ Checking 0.10% 0.10%
Min Balance $25,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Forward Interest Checking 0.10% 0.10%
Min Balance $25,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Community Checking 0.05% 0.05%
Min Balance $1,000
Details $1,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Community+ Checking 0.05% 0.05%
Min Balance $5,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Forward Interest Checking 0.05% 0.05%
Min Balance $5,000
Details $5,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Interest Checking 0.05% 0.05%
Min Balance $1,000
Details $1,000 minimum opening deposit
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%
Business Forward Checking 0.02% 0.02%
Details effective 2/1/2024 (changed monthly on the 1st of the month). Earnings Credit is calculated on available balance (less 10% reserve balance requirement) to offset service charges.
Last Updated 03/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.33%

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Bank Forward is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Bank Forward rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Bank Forward's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Bank Forward
Bank Holding Company BK FORWARD EMPLOYEE STK OWNERSHIP PLAN&TR
Address 5650 37th Ave S, Fargo, ND 58104  ·  Cass
FDIC Certificate # 8941
Established 09/05/1927
FDIC Insurance Date 01/01/1934
Domestic Offices 12
Total Branches 12
Regulator FDIC
FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+
Overall Health Grade Score: 99/100
5.0
Exceptional Out of 5.0 Stars
1.33%
Texas Ratio Nat'l avg: 5.85%
Return on Assets (ROA) 1.8155%
Return on Equity (ROE) 17.6000%
Non-Performing Loans (NPL) 0.10%
Total Assets $1,135,353,000
Total Deposits $925,563,000
Equity Capital $121,849,000
Net Income $18,472,000
Headquarters Fargo
Total Offices 12
Source: FDIC  |  Last Updated 12/31/2025

Customer Reviews

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Total Reviews
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Frequently Asked Questions About Bank Forward

Is Bank Forward a safe place to deposit money?

Yes, Bank Forward is considered a safe financial institution. With a Texas Ratio of 1.3336906332454%, the institution's financial health is rated as excellent. Your accounts are federally insured by the FDIC (Federal Deposit Insurance Corporation) up to $250,000 per depositor, for each account ownership category.

How many branches does Bank Forward operate?

Bank Forward currently maintains approximately 12 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Bank Forward does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Bank Forward provides members with tools to manage their accounts and build a solid financial history.

Does Bank Forward offer online and mobile banking?

Most modern institutions like Bank Forward provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.bankforward.com.

Current Bank Forward Rates

  • Savings0.50%
Retrieved from our database of financial products. Rates subject to change.