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Forward Bank Elects Jon Pesko and Terry Palecek to the Board of Directors November 19, 2019

The Board of Directors of Forward Bank voted to add Jon Pesko and Terry Palecek to the Board at their October meeting. Pesko is the majority owner of United Pride Dairy, a partner in Railview Distribution, and Phillips Lumber and Hardware. He is active in the community serving as the President of the Board of […]

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Forward Bank Expands $5,000 Half Court Shot November 15, 2019

More schools and more chances to win! Forward Bank will be holding $5,000 half-court shots at 13 local high school basketball games and 3 hockey games this winter! To support the mission of giving back to the community, half of the overall prize will be given to the school athletic program. Each fan attending a […]

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Financial Mistakes to Avoid When Buying a Home November 12, 2019

A home purchase is likely one of the largest financial investments you’ll make in your lifetime. It’s important to get this one right. For the best financial outcomes, avoid the following mistakes. Taking on too much: You think you’ve found your dream home, but it’s outside your housing budget. So, you try to stretch that […]

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Buying a Term Life Insurance Policy November 4, 2019

Term life insurance (life insurance that is in effect for a limited period of time instead of your entire life) can sometimes be the right answer. Before covering the why, let’s review how term life insurance works. Let’s say you have a term life policy for $500,000 with a “term” of 15 years. If you […]

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How Telematics Is Transforming Insurance October 22, 2019

Technology is transforming every aspect of our lives, and insurance is no exception. Insurance carriers are tapping into automotive telematics to guide insurance premiums. What is telematics? This is a form of communications technology that can be used for monitoring a vehicle to determine driving behaviors. Using a combination of GPS, Bluetooth, and mobile devices, […]

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