Forward Bank
Forward CMMA Program Surpasses $2.2 Million in Giving
February 7, 2024
In January Forward Bank donated over $275,000 to local non-profits participating in the Charitable Money Market Account (CMMA) program and surpassed $2.2 million in giving since the program started! Over 400 organizations received donations thanks to customers who designated them as their charity of choice.
The CMMA allows a customer to open an interest-earning money market account while designating an organization that will receive a donation from Forward Bank at the end of the calendar year. The donation is based on the customer’s average account. No money is taken from the customer’s account.
“Our commitment to the well-being of the communities we serve is highlighted by the Charitable Money Market Account. Our customers enjoy this creative way of supporting their favorite charities, and the organizations receiving the funds, appreciate the annual support,” said Lindsey Safford, Non-Profit Banker at Forward Bank.
(Photo above: Sam Hubbard, Kathy Schmitz, Father Stanislaus, and Emily Ernst pose for a photo during the CMMA check presentation for St. Bernard-St.Hedwig Church).