🏦 Where's My Bank

Forward Bank

FDIC #28530 📍 Marshfield, Wisconsin

Forward Bank is a commercial bank (si) established in 01/01/1919. With assets of $963.50 Million, it operates 15 domestic branches.

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Community Reinvestment Act (CRA) Rating
Latest Exam: October 1, 2023
Satisfactory
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.

Rating History

October 1, 2023
Satisfactory
August 1, 2020
Satisfactory
September 1, 2017
Satisfactory
July 1, 2014
Satisfactory
July 1, 2011
Satisfactory
January 1, 2010
Satisfactory
June 1, 2004
Satisfactory
September 1, 1999
Satisfactory
May 1, 1996
Outstanding
August 1, 1993
Satisfactory
💰 Financial Strength
Total Assets$963.50 Million
Total Deposits$802.89 Million
Equity Capital$71.09 Million
Net Income$4.85 Million
📈 Performance
ROA0.69%
ROE8.78%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📞 Contact & Location
Address1001 N Central Ave
Marshfield, Wisconsin 54449
OnlineVisit Website
📋 Corporate Structure
Established01/01/1919
FDIC Cert28530
Holding CoForward Mutual Holding Co
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday7:30 AM - 4:30 PM
Tuesday7:30 AM - 4:30 PM
Wednesday7:30 AM - 4:30 PM
Thursday7:30 AM - 4:30 PM
Friday7:30 AM - 6:00 PM
SaturdayClosed
SundayClosed

📜 Institutional History

2019
Merger / Acquisition
Acquired: The First National Bank Of Park Falls
2019
Relocation
Moved HQ to: 1001 North Central Avenue, Marshfield, WI 54449.
2019
Name Change
Name became: Changed Institution Name To Forward Bank.
2016
Name Change
Name became: Changed Institution Name To Forward Financial Bank.
2013
Merger / Acquisition
Acquired: Community Bank Of Central Wisconsin
2013
Name Change
Name became: Changed Institution Name To Forward Financial Bank Ssb.
2008
Merger / Acquisition
Acquired: State Bank Of Withee
2006
Relocation
Moved HQ to: 207 West Sixth Street, Marshfield, WI 54449.
2004
Name Change
Name became: Changed Institution Name To Marshfield Savings Bank.
1992
Name Change
Name became: Changed Institution Name To Marshfield Savings Bank, Savings Association.

📍 Branch Locations (15)

Lake City Branch
201 E Marion St
Lake City, Minnesota 55041
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Forward Bank Branch
225 Alfred St
Athens, Wisconsin 54411
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Colby Branch
1122 N Division St
Colby, Wisconsin 54421
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Forward Bank Branch
450 East Business County Road A
Dorchester, Wisconsin 54425
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Greenwood Branch
212 S Main St
Greenwood, Wisconsin 54437
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Forward Bank
1001 N Central Ave
Marshfield, Wisconsin 54449
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Medford Wi Branch
721 S 8th St
Medford, Wisconsin 54451
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Park Falls - South Office
177 4th Ave S
Park Falls, Wisconsin 54552
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Phillips Branch
110 County Road F
Phillips, Wisconsin 54555
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Rib Lake Branch
667 Pearl St
Rib Lake, Wisconsin 54470
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St. Germain Office Branch
474 Highway 70, St. Germain, Wisconsin 54558
Saint Germain, Wisconsin 54558
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Stanley Office
240 S Broadway St
Stanley, Wisconsin 54768
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