MASHINIi

Finward Bancorp.

FNWD.US | Other monetary intermediation

Finward Bancorp is the holding company for Peoples Bank SB. Peoples Bank SB provides a range of community banking services to individuals and businesses. These services include deposit accounts (checking, savings, money market, certificates of deposit), loans (commercial, residential mortgage, consu...Show More

Ethical Profile

Mixed.

Finward Bancorp (FNWD.US) presents a mixed ethical picture. In November 2023, the company entered a Consent Order with the FDIC and DFI concerning Bank Secrecy Act compliance. Regarding worker respect, the CEO to average employee compensation ratio reportedly rose from 1.71 in 2021 to 1.85 in 2023. Critics point to Glassdoor reviews citing concerns over low pay and management issues. Conversely, Finward Bancorp has a whistleblower policy with a hotline and an anti-corruption policy prohibiting bribes and illegal payments.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-20
-100100
Kind to Animals-10
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech-30
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

Finward Bancorp's core business is community banking services, including deposit accounts, various types of loans, and wealth management. The provided articles detail the company's general business loan programs, community engagement initiatives, and the activities of the Peoples Bank Foundation. However, none of the articles provide specific, quantifiable evidence directly linking Finward Bancorp's principal goods or services, or its investments and operations, to the defined metrics for 'Better Health for All'. The articles do not contain data on health impact, harmful revenue, safety records related to health, price accessibility of health products, reach to vulnerable populations for health needs, health risk transparency, health innovation investment, health externalities, health equity programs, healthcare workforce support, preventative health measures, healthcare data responsibility, global health crisis response, mental health initiatives, pharma patent flexibility, nutrition and food safety, healthcare education, addiction mitigation, or clinical trial ethics. Therefore, no KPIs can be scored based on the provided evidence.

Fair Money & Economic Opportunity

0

No evidence available to assess Finward Bancorp on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

0

No specific, quantitative data points were found in the provided articles for any of the KPIs related to Fair Pay & Worker Respect, such as living wage coverage, CEO to median employee pay ratio, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, turnover rate, labor violation incidents, insecure contract share, or health insurance coverage.

1
While some articles mentioned general employee sentiment or executive compensation, they did not provide the precise metrics required by the rubric.

Fair Trade & Ethical Sourcing

0

The provided articles for Finward Bancorp (FNWD.US) do not contain any specific data points or information relevant to fair trade and ethical sourcing practices.

1
There is no evidence regarding fair-trade certifications, supplier audit frequency, forced or child labor incidents, supply chain traceability, remediation speed for violations, ethical clauses in supplier contracts, materials risk, or supplier diversity spend.
2
Therefore, all KPIs related to this ethical value must be omitted due to a lack of explicit evidence in the provided documents.

Honest & Fair Business

-20

The company has a formal whistleblower policy with a toll-free hotline (1-800-727-3217) that allows anonymous reporting and protects employees from retaliation for good-faith reports.

1
Investigations are initiated by the CEO or Compliance Officer, with results reported to the CEO for disciplinary action, and reports concerning officers or directors are escalated to the Nominating and Corporate Governance Committee.
2
The company also has an anti-corruption policy that explicitly prohibits bribes, kickbacks, and illegal payments to government officials, both domestic and foreign, and emphasizes compliance with laws like the Foreign Corrupt Practices Act (FCPA).
3
This policy includes a dedicated compliance program with governance structure, risk assessment, training, monitoring, and confidential reporting protocols.
4
However, there is no information on the frequency or effectiveness of this training, nor on the policy's enforcement or third-party monitoring.

Kind to Animals

-10

Finward Bancorp is a financial institution, and its core business does not involve animal-derived products, animal testing, or direct animal agriculture. Therefore, most KPIs related to these activities are not applicable. However, for KPIs concerning financial institutions' broader engagement with animal welfare, the company lacks specific commitments. Finward Bancorp has no public policies to prevent financing harmful animal practices, nor does it have commitments to animal welfare or plant-based alternatives.

1
It also does not participate in any formal collaborations or engage with animal welfare stakeholders.
2

No War, No Weapons

0

The provided articles do not contain specific, concrete data points for any of the KPIs related to the 'No War, No Weapons' ethical value. Information regarding revenue from arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding investments, or any other defense-related activities is not present.

1
Therefore, no KPIs can be scored based on the available evidence.

Planet-Friendly Business

0

The provided articles do not contain specific, concrete data points for any of the environmental performance KPIs.

1
There are no reported emissions figures, reduction targets, or climate pledges.
2
All key metrics related to environmental, social, and governance (ESG) performance are absent from the available information.
3

Respect for Cultures & Communities

0

No specific, quantitative evidence was found in the provided articles for any of the KPIs related to "Respect for Cultures & Communities" for Finward Bancorp (FNWD.US). While articles mention general community involvement, donations, and volunteer hours, they do not provide data points that directly align with the quantitative thresholds or definitions of the KPIs in the rubric, such as percentages of revenue reinvested, numbers of formal partnerships with indigenous groups, cultural impact assessment protocols, or specific cultural preservation investments. Board diversity data was provided, but it did not specify representation of community members in governance bodies as defined by the KPI, nor did it provide a percentage of such representation.

1

Safe & Smart Tech

-30

The company's privacy policy states that consumers cannot limit sharing for everyday business purposes, marketing purposes, or joint marketing.

1
Federal law only grants the right to limit sharing for affiliates' everyday business purposes (creditworthiness), affiliates using information for marketing, and non-affiliates marketing.
2
The company states that its security measures comply with federal law regarding data privacy.
3

Zero Waste & Sustainable Products

0

No information was found in the provided articles regarding Finward Bancorp's performance on any of the 'Zero Waste & Sustainable Products' KPIs.

1
The articles primarily contained financial filing information and explicitly stated a lack of relevant data for this value.
2

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.