State credit union · NIAGARA, Wisconsin · NCUA charter #66798
Forward Financial
Health score 82/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 82
- Health / 100
- $86.4M
- Total assets
- 7,926
- Members
- 13.6%
- Net-worth ratio
Forward Financial scores 82/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $86.4M; members 7,926; net-worth ratio 13.56%; health rank #2,415 of 4,374; healthier than 43rd of scored peers.
5300 filing masthead
NCUA 5300 Call Report Masthead
#2,415 of 4,374 health · 2025Q4Forward Financial · health 82/100 · $86.4M · 2025Q4
Call Report peers
Forward Financial in the assets neighbourhood
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
Forward Financial vs every NCUA-scored credit union
The busiest band is 85-89 (858 credit unions); Forward Financial sits in 80-84 with 767 others.
82 43rd percentile higher than 43% of 4,374 credit unions
every scored credit union, bucketed by value
Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source NCUA 5300 Call Report aggregates · 2025Q4
Where Forward Financial diverges from peer averages
- Strongest edge vs 584 $50M–$100M peers is Loan-to-Share Ratio: +0.33 pp (62.93% vs 62.60%).
- Largest lag: Delinquency Rate at 1.29% vs peer 0.96% (+0.32 pp).
Wisconsin standing for Forward Financial
- Wisconsin health ordinal: #76 of 100.
- Wisconsin assets place: #54 of 100.
- Member book place in Wisconsin: #44 of 100.
- One place up in Wisconsin, Air Tech (#75) ties at 82/100; one place down, BADGER-GLOBE (#77) ties at 82/100.
How Forward Financial's 5300 filing moved
Forward Financial: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved -1.4% from $86.4M (2025Q4) to $85.1M (2026Q1).
- Net-worth ratio shifted +0.30 pp (13.26% → 13.56%).
This credit union's 13.56% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 82/100 score is built
Forward Financial gives up 18 points in total. Member Growth costs the most, 9.6 of its 15; Net Worth Ratio and Return on Assets score full marks.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 17.9 pts
- Return on Assets 15.0 pts
- Member Growth 5.4 pts
- Loan-to-Share Ratio 13.7 pts
Call Report ratios for Forward Financial
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 13.56% | -0.06 pp |
| Delinquency Rate | 1.29% | +0.32 pp |
| Return on Assets | 0.81% | +0.15 pp |
| Member Growth | -2.00% | - |
| Loan-to-Share Ratio | 62.93% | +0.33 pp |
Peer averages: $50M–$100M cohort, 584 credit unions, 2025Q4 filing.
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $85.1M | - |
| 2025Q4 | $86.4M | 7,926 |
| 2024Q4 | $86.9M | 8,088 |
| 2023Q4 | $90.2M | 8,147 |
Credit Union Details
- Charter Number
- 66798
- Type
- State
- Field of Membership
- Other
- Peer Group
- $50M–$100M
- State
- Wisconsin
- City
- NIAGARA
- Data Quarter
- 2025Q4
Branch Locations (4)
Forward Financial operates 4 offices across 4 cities, spanning 2 states, per its most recent NCUA branch filing.
| Office | City |
|---|---|
| Niagara (Main Office) | Niagara, WI |
| Iron Mountain | Iron Mountain, MI |
| Marinette | Marinette, WI |
| Pembine | Pembine, WI |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Wisconsin
More federally-insured credit unions based in Wisconsin, ordered by peer group match and asset size.
Forward Financial nationwide neighbourhoods
Using this data
- Forward Financial ranks #2,415 of 4,374 nationally on financial health and #76 of 100 in WI -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- TAYLOR is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with TAYLOR
Frequently Asked Questions
Is Forward Financial financially healthy?
On its 2025Q4 NCUA 5300 filing, Forward Financial scores 82/100 (Excellent), with a 13.56% net worth ratio and 1.29% of loans delinquent. It ranks #2,415 of 4,374 nationally on health and #76 of 100 in Wisconsin.
How does Forward Financial compare to other credit unions?
Forward Financial scores 82/100, higher than 43% of the 4,374 scored credit unions. Against the 584 peers in the $50M–$100M cohort, its widest edge is loan-to-share ratio (62.93% vs 62.60%). Its widest shortfall is delinquency rate (1.29% vs 0.96%).
How can I join Forward Financial?
Membership eligibility for Forward Financial depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact Forward Financial directly for current membership requirements and application steps.
Is my money safe at Forward Financial?
Forward Financial is a state-chartered credit union; its shares are federally insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. Forward Financial's net worth ratio of 13.56% exceeds the 7% threshold NCUA considers "well capitalized."
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.