Bank Forward
Quick Summary
- HSA savings account
The Verdict
Bank Forward provides essential HSA features with a monthly fee of $2.00 and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
We believe in the commitment to seek out and provide financial and insurance solutions for tomorrow, not just for today. In doing so, we help our customers, employees and the community "fast forward" to the goals they strive to achieve in life.
Key Features
Banking & Access
Basic account access provided.
Investment Options
This provider focuses on cash savings without investment options.
Security & Insurance
Deposits are FDIC/NCUA insured for your protection.
Account Details
No minimum balance to open. no account opening fees.
Fee Analysis
| Fee Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance | $2.00 | $0.69 | ABOVE AVG |
| Account Opening | $0.00 | $1.88 | EXCELLENT |
| Account Closing | $0.00 | $1.95 | EXCELLENT |
Industry averages calculated from 853 providers in the HSA Orbit database.
Investment Options
Savings-Only Account
Bank Forward currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.
Interest Rates
Standard Rates
| Balance Range | APY |
|---|---|
| $0+ | 0.25% |
Last updated: 11-11-2024
Contact Information
Address
5650 37th Ave S Fargo, ND 58104 Customer Service
Customer Service
At a Glance
Pros & Cons
The Good
- •No account opening or closing fees
- •FDIC/NCUA insured deposits
The Bad
- •Monthly fee of $2.00
- •No investment options available
- •No online banking
User Sentiment
Based on community feedback
Sentiment data coming soon
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