Grow your savings while giving back to your community
Grow your savings while giving back to your community
Routing #: 275971139
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Boost your savings and support your local community with Forward Bank’s Charitable Money Market Account, where your deposits grow while helping local charities thrive.
Imagine an account that not only helps you save for your future but also makes a positive impact in your community. Our Charitable Money Market Account (CMMA) at Forward Bank, serving Wisconsin and Minnesota, offers just that—combining a competitive savings rate with the ease of a checking account while supporting local charities that matter to you. With every account, we donate a percentage based on your average balance to a non-profit organization of your choice, ensuring your business contributes to community growth while optimizing savings.
Since the CMMA’s launch, we’ve proudly contributed over $2.2 million, all thanks to customers like you. Save with purpose and make a difference today.
Choose from over 400 organizations to designate as your charity and see how your savings can make an impact in the community.
Effective Date: 1/18/2025
| Account | Minimum to Open | Interest Rate | APY** | Minimum to Earn APY** |
|---|---|---|---|---|
| AccountCMMA* | Minimum to Open$0 | Interest Rate0.35 | APY**0.35 | Minimum to Earn APY**$100 |
| AccountCMMA* | Minimum to Open$0 | Interest Rate0.70 | APY**0.70 | Minimum to Earn APY**$50,000 |
| AccountCMMA* | Minimum to Open$0 | Interest Rate0.85 | APY**0.85 | Minimum to Earn APY**$100,000 |
| AccountCMMA* | Minimum to Open$0 | Interest Rate1.20 | APY**1.20 | Minimum to Earn APY**$250,000 |
| AccountCMMA* | Minimum to Open$0 | Interest Rate1.35 | APY**1.36 | Minimum to Earn APY**$1,000,000 |
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.
† APY is paid on balances up to, and including, $15,000.00 provided all other account requirements are met for the current statement cycle. For balances $15,000.01 and above, the interest rate and APY of 0.01% will be paid on the portion of your daily balance that is $15,000.00 or greater. If requirements are not met, the interest rate of 0.01% APY will be applied to all balance amounts.
Saving for the future while giving back to your community has never been easier. With our Charitable Money Market Account (CMMA) enjoy the benefits of a flexible, competitive savings rate with the convenience of a checking account, all while supporting local charities. Join us in creating a positive impact in Wisconsin and Minnesota with an account that aligns with your values and financial goals.
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