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Forward Bank

Marshfield, WI · Est. 1919 · Website ↗
A
Trust Grade
Excellent
Score: 96/100

Forward Bank is a bank based in Marshfield, Wisconsin, established in 1919, with $1.2 billion in total assets across 15 branches. By Trust Grade it ranks 91st of 154 banks we track in Wisconsin. Its capital ratio of 9.6% trails most similarly sized banks (37th percentile), versus a Wisconsin median of 10.4%. It was profitable over the most recent period, with a 0.92% return on assets. No consumer complaints against Forward Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$1.2B
$1B–10B institution
Deposits
$1.0B
Branches
15
Capital ratio
9.6%
Bottom 37% of $1B–10B peers · Wisconsin median 10.4%
Return on assets
0.9%
Bottom 28% of $1B–10B peers · Wisconsin median 1.2%
Rank in Wisconsin
#91
of 154 banks

How Forward Bank compares to Wisconsin peers

Capital ratio
Bottom 37% of $1B–10B peers
Forward Bank
9.6%
Wisconsin median
10.4%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 28% of $1B–10B peers
Forward Bank
0.9%
Wisconsin median
1.2%
Higher ROA = more profitable relative to asset base

How we graded Forward Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
96/100
Customer experience
n/a
Overall
A · 96
  • Strongly capitalized (9.6% capital ratio)
  • Profitable (ROA 0.92%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Forward Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (15)

  • 110 County Road F, Phillips, WI 54555
  • 105 S Washington St, Thorp, WI 54771
  • 177 4th Ave S, Park Falls, WI 54552
  • 1001 N Central Ave, Marshfield, WI 54449
  • 201 E Marion St, Lake City, MN 55041
  • 721 S 8th St, Medford, WI 54451
  • 240 S Broadway St, Stanley, WI 54768
  • 225 Alfred St, Athens, WI 54411
  • 450 East Business County Road A, Dorchester, WI 54425
  • 667 Pearl St, Rib Lake, WI 54470
  • 6990 W. School St, Three Lakes, WI 54562
  • 474 Highway 70, St. Germain, Wisconsin 54558, Saint Germain, WI 54558
  • 410 Division St, Withee, WI 54498
  • 212 S Main St, Greenwood, WI 54437
  • 1122 N Division St, Colby, WI 54421

Are deposits at Forward Bank insured?

Yes. Forward Bank is an FDIC-insured bank (FDIC certificate #28530). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Forward Bank: frequently asked questions

Is Forward Bank a good bank?

Forward Bank earns a Bankzia Trust Grade of A (96/100, "Excellent"), based on a financial-strength score of 96/100 (it has no CFPB complaints on record). Strongly capitalized (9.6% capital ratio); Profitable (ROA 0.92%).

Is Forward Bank FDIC-insured?

Yes. Forward Bank is a FDIC-insured bank (FDIC certificate #28530). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Forward Bank?

Forward Bank holds $1.2 billion in total assets, ranking 91st of 154 banks we track in Wisconsin. It operates 15 branches.

Does Forward Bank have CFPB complaints?

No CFPB complaints against Forward Bank appear in our data over the analysis window, which is typical for a bank of this size.

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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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