BranchWatch

Forward Bank

Headquartered in Marshfield, WI. Part of Forward Mutual Holding Company. FDIC certificate #28530 · Federal Reserve RSSD 313577.

Total assets
$1.2B
Deposits
$1.0B
Q1 2026
Active branches
15
Closings since Jan 2020
3
6 openings since Jan 2020

Financial snapshot — Q1 2026

All quarters
Net income (quarter)
$3M
Return on assets
0.92%
Return on equity
9.93%
Noncurrent loan rate
0.33%

Deposits by year (Summary of Deposits)

0
2019
1
2020
1
2021
1
2022
1
2023
1
2024
1
2025

Values in $ billions, June 30 of each year.

Closings by year

1
2020
2
2021

Openings by year

2
2021
2
2022
1
2023
1
2024

Other network changes since 2020

  • 4 branch relocations
  • 1 branches acquired through purchases or mergers

Branches by state

Recent closings

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.forward.bank.