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Forward Bank

Charitable Money Market Account (CMMA)

An account that offers a savings rate with the convenience of a checking account. This innovative account allows you to designate a charity and the bank will make a contribution on your behalf.

Features

To provide a consistent donation stream for our local charities on behalf of our customers, we’ve created the Charitable Money Market Account (CMMA). Since it’s inception we’ve given over $1 million to over 275 worthwhile organizations!

  • No Minimum to Open
  • No Monthly Fee
  • Interest Posted Monthly
  • Free Debit Card
  • The bank will donate 0.10% of your average balance to the non-profit of your choice - no money is taken from your account
  • Limited to six (6) pre-authorized withdrawals or automatic transfers per calendar month
  • Digital Banking for Business (Online + Mobile Banking)
  • Overdraft Protection Available