Bank Forward
Headquartered in Fargo, ND. Part of Bank Forward Employee Stock Ownership Plan and Trust. FDIC certificate #8941 · Federal Reserve RSSD 812557.
Total assets
$1.2B
Deposits
$977M
Q1 2026
Active branches
12
Closings since Jan 2020
2
1 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$5M
Return on assets
1.77%
Return on equity
16.49%
Noncurrent loan rate
0.61%
Deposits by year (Summary of Deposits)
12019
12020
12021
12022
12023
12024
12025
Values in $ billions, June 30 of each year.
Closings by year
22021
Openings by year
12021
Other network changes since 2020
- 2 branch relocations
Branches by state
Recent closings
- 1301 RALPH ENGELSTAD ARENA DRIVE · closed October 15, 2021
- 3350 SOUTH COLUMBIA ROAD · closed October 15, 2021
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: WWW.BANKFORWARD.COM.