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Bank Forward

Fargo, ND · Est. 1927 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

Bank Forward is a bank based in Fargo, North Dakota, established in 1927, with $1.2 billion in total assets across 12 branches. By Trust Grade it ranks 15th of 60 banks we track in North Dakota. Its capital ratio of 10.7% is stronger than 57% of similarly sized banks, versus a North Dakota median of 9.5%. It was profitable over the most recent period, with a 1.77% return on assets. No consumer complaints against Bank Forward appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$1.2B
$1B–10B institution
Deposits
$977.1M
Branches
12
Capital ratio
10.7%
Top 43% of $1B–10B peers · North Dakota median 9.5%
Return on assets
1.8%
Top 17% of $1B–10B peers · North Dakota median 1.32%
Rank in North Dakota
#15
of 60 banks

How Bank Forward compares to North Dakota peers

Capital ratio
Top 43% of $1B–10B peers
Bank Forward
10.7%
North Dakota median
9.5%
Higher capital ratio = stronger financial cushion
Return on assets
Top 17% of $1B–10B peers
Bank Forward
1.8%
North Dakota median
1.3%
Higher ROA = more profitable relative to asset base

How we graded Bank Forward

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (10.7% capital ratio)
  • Strongly profitable (ROA 1.77%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Bank Forward over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (12)

  • 484 Main St, Carrington, ND 58421
  • 122 3rd Ave, Wimbledon, ND 58492
  • 400 2nd Ave Sw, Jamestown, ND 58401
  • 430 W Main St, Valley City, ND 58072
  • 65 Main Street, Bowdon, ND 58418
  • 700 Paul Bunyan Dr Nw, Bemidji, MN 56601
  • 106 6th St S, Walker, MN 56484
  • 5650 37th Ave S, Fargo, ND 58104
  • 390 Wheat St, Hannaford, ND 58448
  • 802 Burrel Ave Sw, Cooperstown, ND 58425
  • 4651 S Columbia Rd, Grand Forks, ND 58201
  • 6 8th St S, New Rockford, ND 58356

Are deposits at Bank Forward insured?

Yes. Bank Forward is an FDIC-insured bank (FDIC certificate #8941). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Bank Forward: frequently asked questions

Is Bank Forward a good bank?

Bank Forward earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (10.7% capital ratio); Strongly profitable (ROA 1.77%).

Is Bank Forward FDIC-insured?

Yes. Bank Forward is a FDIC-insured bank (FDIC certificate #8941). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Bank Forward?

Bank Forward holds $1.2 billion in total assets, ranking 15th of 60 banks we track in North Dakota. It operates 12 branches.

Does Bank Forward have CFPB complaints?

No CFPB complaints against Bank Forward appear in our data over the analysis window, which is typical for a bank of this size.

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American Federal Bank
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First United Bank
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United Valley Bank
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Banknorth
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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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