Forward Bank
Statement Savings Account
Build for your future with our statement savings account, ideal for any life moment!
Features
- No Minimum to Open
- Unlimited Deposit
- Limited to six (6) pre-authorized withdrawals or automatic transfers per calendar month
- Quarterly $5 Fee if Average Balance Falls Below $100
- Interest Posted Quarterly ($100 Minimum)
- Free Direct Deposit
- Free ATM Card
- Digital Banking (Online + Mobile Banking)
- Optional Overdraft Protection to Checking
Statement Savings Rates
| Account | Minimum to Open | Interest Rate | APY** | Minimum to Earn APY** |
|---|---|---|---|---|
| Statement Savings* | $0 | 0.05 | 0.05 | $100 |
| Statement Savings* | $0 | 0.05 | 0.05 | $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.
A bank account with a heart!
An account that offers a savings rate with the convenience of a checking account. This innovative account allows you to designate a charity and we will make a contribution on your behalf.
Over $1.6 million donated since the program's inception!