Full-service bank offering personal and business checking, savings, lending, investments, and insurance products with digital banking and community-focused charitable accounts.
Data compiled from public sources · Rating from CreditDoc methodology
Forward Bank is a full-service financial institution providing comprehensive banking, lending, investment, and insurance products to personal, business, and non-profit customers. Based on their website structure and service offerings, they operate as a traditional community bank with both retail and commercial divisions. The bank offers personal banking products including checking and savings accounts, CDs, money market accounts, student accounts, and digital banking services.
For borrowers, Forward provides home loans, auto loans, recreational loans, personal loans, and credit cards. Their business division includes business checking, business savings, non-profit banking services, business credit cards, lending products, digital banking, and cash management solutions. Additionally, Forward offers investment advisory services, financial consultation, and a full insurance division covering personal auto/recreational, homeowners/renters, health/Medicare, and business insurance.
Forward Bank distinguishes itself through specialized offerings including Charitable Money Market Accounts (which direct savings to local non-profits), recreational vehicle lending and insurance (suggesting rural or recreation-focused markets), agricultural lending, and integrated cash management solutions for businesses. They provide a unified platform where customers can consolidate multiple account types and services. The company emphasizes digital accessibility with 24/7 account access, mobile check deposit, bill pay, transfers, and real-time alerts.
As a traditional bank, Forward offers stability and FDIC insurance protection on deposits (standard for banking institutions), extensive product breadth for one-stop financial management, and personalized service through identified lenders and advisors. However, customers should verify current rates and terms directly, as the website provides limited specific rate information. The bank's focus on recreational and agricultural lending suggests strongest positioning in rural or lifestyle-oriented markets rather than urban centers.
Yes. Forward Bank is a registered company, headquartered in Marshfield, WI, founded in 1919.
Account opening typically takes 1-3 business days. Loan decisions vary by product.
CreditDoc Diagnosis
Forward Bank is best suited for customers in rural or recreation-focused markets seeking a true full-service financial institution where they can consolidate banking, lending, investments, and insurance needs. The main caveat is that specific product terms, rates, and fees are not clearly displayed online, requiring direct contact with the bank for pricing decisions.
Bank CMG is a regional bank offering personal and business banking services including checking, savings, CDs, home loans, and digital banking across 10 Wisconsin locations.
Best for: Wisconsin residents seeking community banking with competitive CD rates and multiple branch locations, Small to medium-sized businesses needing treasury management and remote deposit capture services
Independent community bank with four locations in Wisconsin (Alma, Pepin, Nelson, Wabasha) offering checking, savings, loans, and 24/7 online banking access.
Best for: Wisconsin residents in Alma, Pepin, Nelson, or Wabasha seeking relationship-based community banking, Customers age 55+ interested in senior-focused banking programs and local service
Community bank serving Vernon County with checking, savings, and digital banking through Bank of Ontario and its affiliated branches Genoa State Bank and Westby State Bank.
Best for: Vernon County residents seeking community banking relationships with local branch access, Customers who value personalized service from established community banks
Your credit report contains the raw data behind your score. Learn what's in it, how to read it, and how to dispute errors that could be dragging your score down.
Read guide →Klarna, Afterpay, Affirm — they make spending easy. But what happens to your credit score when you use them? Here's what the fine print doesn't tell you.
Read guide →Learn what makes up your credit score, how it's calculated, what the ranges mean, and how to check yours for free.
Read guide →Affiliate Disclosure: CreditDoc may earn a commission when you click links to Forward Bank and other services. These commissions help us maintain our free research. Our editorial team independently evaluates all services. Compensation does not influence our ratings or rankings. Learn more.