Finward in Indiana released from MOU with FDIC, state regulator

Finward Bancorp in Munster, Ind., has been freed from another enforcement action.

The company disclosed in a regulatory filing that its bank was released from an August 2024 memorandum of understanding with the Federal Deposit Insurance Corp. and the Indiana Department of Financial Institutions.

Finward was previously freed in August 2025 from a November 2023 consent order with the same regulators. That order was tied to Finward’s compliance with the Bank Secrecy Act and related regulations.