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Bank Forward Salary

Bank Forward Salary

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As of October 2026, the average hourly salary for employees at Bank Forward in the United States is $36. This translates to an approximate annual wage of $75,212. Salaries at Bank Forward typically range from $32 to $41 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Bank Forward Pay for Different Roles?

Explore detailed salary information for specific jobs at Bank Forward. Based on our data, the highest paying job is the Business Anaylst, with an hourly wage of $66. The table below outlines the hourly wage ranges for most popular roles within the company.

Business Anaylst

$66 / hour

Salary Range: $55 - $75

Library

Contact Center Agent

$42 / hour

Salary Range: $36 - $48

Sales

Digital Banking Agent

$34 / hour

Salary Range: $30 - $38

Construction

Digital Services Specialist

$17 / hour

Salary Range: $15 - $19

Security Services

Digital Support Agent

$34 / hour

Salary Range: $30 - $38

Construction

Fraud and Security Specialist

$44 / hour

Salary Range: $38 - $51

Security Services

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Bank Forward.
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About Bank Forward: Company Profile

Website
www.bankforward.com
Founded In
1927
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Location
BAGLEY
Revenue
<$5 Million
Phone Number
-
Social Media
About BANK FORWARD
We're glad you think forward. Welcome to Bank Forward, a locally-owned, independent community bank. Our customers are more than account numbers to us. They are our neighbors and our friends. Their success, prosperity and security matter to us. We foster a deep level of customer trust and support long-term strategic partnerships. To this end, we offer a full range of financial solutions to people a

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Bank Forward's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The company’s commitment to diversity, equity, and inclusion creates a welcoming and collaborative environment. Problem-solving approaches are constructive. Gestures like handwritten thank-you notes from managers mean a lot. Positive team energy and clear communication make this a productive environment.
Commented in April 23, 2025
16
3
Newsletters highlight meaningful updates. Contracts include strong service level agreements. The culture can feel hierarchical, limiting open dialogue between employees and management.
Commented in January 22, 2025
42
1
Change management is handled thoughtfully. Predictable workloads and regular hours provide stability. Commuter benefits offset transportation costs. Leadership is engaged and values employee contributions, encouraging creativity and continuous improvement. Employee feedback is acknowledged but rarely results in change. The resources available for professional growth are outstanding, from certifica...
Commented in January 04, 2025
42
3
It’s refreshing to work where leadership promotes trust, teamwork, and professional autonomy. This company provides a positive, results-driven work environment with excellent benefits and opportunities for advancement. Career growth opportunities exist but progress is gradual. Teams operate with mutual respect, and innovation is encouraged. Career advancement is available but requires time and per...
Commented in March 10, 2024
14
2

How Bank Forward's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Bank Forward’s pay competitiveness. Click on a company for a deeper dive.

Is Bank Forward’s Pay Competitive? Salary Benchmarking Analysis

How does Bank Forward's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
BEACH INVESTORS, LLC $42
+14.9%
Supported by BEACH INVESTORS, LLC's high-margin contracts allowing higher overhead.
BOOMER EYEWARE $45
+24.0%
Data suggests BOOMER EYEWARE's workforce skews heavily towards veteran, high-tenure roles.
BECKETT INVESTMENT MANAGEMENT GROUP $39
+7.8%
Influenced by prevailing union wage agreements specific to BECKETT INVESTMENT MANAGEMENT GROUP's sector.
BH INVESTMENTS $40
+11.7%
Reflects a supply-demand imbalance for the specific talent BH INVESTMENTS targets.
Financial Services Industry $59
+61.6%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Bank Forward.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Bank Forward, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Bank Forward salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Bank Forward

FAQ 1: What is the typical salary range (low to high) for most roles at Bank Forward?
The typical salary range for most roles at Bank Forward is approximately from $32 to $41 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.
FAQ 2: How much does Bank Forward pay compared to BEACH INVESTORS, LLC?
The average annual salary at Bank Forward is $75,212, or an hourly wage of $36, in comparison to BEACH INVESTORS, LLC which pays $86,429 per year or $42 per hour.
FAQ 3: How does experience level affect salary at Bank Forward?
Experience level is a significant factor in determining salary at Bank Forward, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
FAQ 4: How can I determine if a salary offer from Bank Forward in Minneapolis is fair given the local cost of living?
To determine if a salary offer from Bank Forward in Minneapolis is fair, first compare the gross salary to our data for similar roles at Bank Forward and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.
FAQ 5: Why might an individual's actual salary at Bank Forward differ from the ranges shown here?
An individual's actual salary at Bank Forward can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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