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Forward Bank

Deposit Rates

Savings Accounts

Savings Accounts

AccountMinimum to OpenInterest RateAPY**Minimum to Earn APY**
Statement Savings*$00.050.05$50
Statement Savings*$00.050.05$2,500
Future Savers*$00.050.05$50
Future Savers*$00.050.05$2,500
Student Savings*$00.050.05$50
Student Savings*$00.050.05$2,500

These interest rates are subject to change without advance notice.
APY assumes interest is added to account.
Term Certificates of Deposit and IRA’s may be subject to early withdrawal penalty.
**APY=Annual Percentage Yield.
*Rates could change after account is opened.

Checking Accounts

Checking Accounts

AccountMinimum to OpenInterest RateAPY**Minimum to Earn APY**
Premium Fast Forward*$00.050.05$0
Premium Fast Forward*$00.100.10$100,000
CMMA/BCMMA*$00.100.10$0
CMMA/BCMMA*$00.300.30$50,000
CMMA/BCMMA*$00.350.35$100,000
Health Savings Account*$00.050.05$0
Health Savings Account*$00.050.05$2,500
Non-Profit Checking*$00.050.05$0
Municipal Checking*$00.400.40$0
Municipal Checking*$00.550.55$100,000
Municipal Checking*$00.700.70$250,000

These interest rates are subject to change without advance notice.
APY assumes interest is added to account.
Term Certificates of Deposit and IRA’s may be subject to early withdrawal penalty.
**APY=Annual Percentage Yield.
*Rates could change after account is opened.

Certificate of Deposit

Certificate of Deposit

AccountMinimum to OpenInterest RateAPY**Minimum to Earn APY**

3 Month CD

$5,0000.100.10$5,000
3 Month CD$5,0000.200.20$10,000
6 Month CD$5000.100.10$500
6 Month CD$5000.150.15$10,000
6 Month CD$5000.200.20$25,000
1 Year CD$5000.400.40$500
1 Year CD$5000.450.45$10,000
1 Year CD$5000.500.50$25,000
13 Month CD***$5,0001.001.00$5,000
2 Year CD$5000.450.45$500
2 Year CD$5000.500.50$10,000
2 Year CD$5000.550.55$25,000
3D-CD (30 Mo.)*$1,0000.520.52$500
3D-CD (30 Mo.)*$1,0000.570.57$25,000
3 Year CD$5000.480.48$500
3 Year CD$5000.530.53$10,000
3 Year CD$5000.580.58$25,000
3D-CD (40 Mo.)*$1,0000.550.55$500
3D-CD (40 Mo.)*$1,0000.600.60$5,000
4 Year CD$5000.530.53$500
4 Year CD$5000.580.58$10,000
4 Year CD$5000.630.63$25,000
5 Year CD$5000.600.60$500
5 Year CD$5000.650.65$10,000
5 Year CD$5000.700.70$25,000

These interest rates are subject to change without advance notice.
APY assumes interest is added to account.
Term Certificates of Deposit and IRA’s may be subject to early withdrawal penalty.
***Must have checking with direct deposit.
**APY=Annual Percentage Yield.
*Rates could change after account is opened.

Individual Retirement Accounts

Individual Retirement Accounts

AccountMinimum to OpenInterest RateAPY**Minimum to Earn APY**
1 Year Fixed$1000.400.40$100
1 Year Fixed$1000.450.45$10,000
1 Year Fixed$1000.500.50$25,000
18 Month Fixed$1000.420.42$100
18 Month Fixed$1000.470.47$10,000
18 Month Fixed$1000.520.52$25,000
3 Year Fixed$1000.480.48$100
3 Year Fixed$1000.530.53$10,000
3 Year Fixed$1000.580.58$25,000
5 Year Fixed$5000.600.60$500
5 Year Fixed$5000.650.65$10,000
5 Year Fixed$5000.700.70$25,000
IRA Savings*$00.800.80$0
1 Year Roth$1000.400.40$100
1 Year Roth$1000.450.45$10,000
1 Year Roth$1000.500.50$25,000
3 Year Roth$1000.480.48$100
3 Year Roth$1000.530.53$10,000
3 Year Roth$1000.580.58$25,000
5 Year Roth$5000.600.60$100
5 Year Roth$5000.650.65$10,000
5 Year Roth$5000.700.70$25,000
Roth IRA Savings*$00.800.80$0

These interest rates are subject to change without advance notice.
APY assumes interest is added to account.
Term Certificates of Deposit and IRA’s may be subject to early withdrawal penalty.
**APY=Annual Percentage Yield.
*Rates could change after account is opened.

Electronic Deposit Insurance Estimator (EDIE)

EDIE lets consumers and bankers know, on a per-bank basis, how the insurance rules and limits apply to a depositor's specific group of deposit accounts—what's insured and what portion (if any) exceeds coverage limits at that bank.