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Forward Bank
Charitable Money Market Account
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.
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!
Features
- 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 (Online + Mobile Banking)
- Overdraft Protection Available
Charitable Money Market Account Rates
| CMMA/BCMMA* | $0 | 0.10 | 0.10 | $0 |
| 0.30 | 0.30 | $50,000 | ||
| 0.35 | 0.35 | $100,000 |