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Forward is Moving North December 27, 2018

First National Bank - exteriorOn December 4, 2018, Forward Bank and First National Bank of Park Falls entered into an agreement, pursuant to which First National Bank will merge with and into Forward Bank.  It is currently anticipated that Forward Bank will assume operations of the First National Bank branches in Phillips and Park Falls in the spring of 2019.

Substantially all deposit accounts including checking, savings, Money Market, Certificates of Deposit and IRAs, as well as substantially all loan accounts and safe deposit boxes will be transferred to Forward Bank.  The transaction, which is subject to regulatory approval, is expected to be completed in May of 2019.

Additional information will be available in the coming weeks and months. Check back under the “Building for a Future” blog category.

 

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