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Advertising Disclosure



TODAY'S FEATURED RATES

VS. NATIONAL AVG: 0.36% APY

How DepositAccounts Gets Paid?
Advertising Disclosure
Savings
CDs
Checking

--------------------------------------------------------------------------------

3.50%
APY
BankUnited
Money Market
Maximized savings. Maximum trust. A safe place to save for something great.
See Offer > - BankUnited

--------------------------------------------------------------------------------

3.75%
APY
American Express National Bank (Member FDIC)
High Yield Savings Account
Member FDIC
See Offer > - American Express National Bank (Member FDIC)

--------------------------------------------------------------------------------

4.65%
APY
Hanover Bank
Money Market Deposit Account by Savebetter
FDIC insured. No fees. $1 minimum deposit.
See Offer > - Hanover Bank

--------------------------------------------------------------------------------

3.40%
APY
Capital One
360 Performance Savings
It only takes about 5 minutes to open a fee-free account. Member FDIC.
See Offer > - Capital One

--------------------------------------------------------------------------------

COMPARE ALL RATES >

SPONSORS LISTED ARE MEMBER FDIC OR NCUA INSURED.

 1. Banks
 2. Forbright Bank




FORBRIGHT BANK


Eligibility Requirements   |   Locations (4)   |   Receive alerts for this bank

REVIEWS

Based on 2 reviews
HEALTH RATING
A
View health report
CURRENT TOP RATE
4.00% APY
12-17 Month CD
View all rates


--------------------------------------------------------------------------------


POPULAR ACCOUNTS AT THIS BANK

How DepositAccounts Gets Paid? | Advertising Disclosure

APY ACCOUNT TYPEHOW THEY COMPARE3.00%CD-Rates
2.86% - National Average
2.50%Savings
0.36% - National Average
3.50%Money Market
0.57% - National Average

View all Forbright Bank rates »

 * Overview
 * Reviews
 * Health
 * Rates
 * Locations

 * Back to Top
 * 


Overview / Commentary
www.forbrightbank.com
301-299-8810
4445 Willard Ave, Suite 1000
Chevy Chase, MD 20815


Forbright Bank is headquartered in Potomac and is the 3rd largest bank in the
state of Maryland. It is also the 222nd largest bank in the nation. It was
established in 2003 and as of June of 2022, it had grown to 360 employees at 6
locations. Forbright Bank's money market rates are 8X the national average, and
it has an A health rating.


RELATED POSTS

Forbright Bank's 12-17 Month CD Is A Rate-Leader - 3/11/2023

Forbright Bank's 12-17 month CD currently earns 5.25% APY – the highest rate
available on nationally available 1-year CDs. $1k minimum deposit. Rate as of
3/11/2023.

Deleted after noticing already posted - 3/10/2023

Noticed already posted 

Forbright Bank - 12-Month CD @ 5.25% - 3/9/2023

12-Month CD @ 5.25% minimum $1k to open, not available to IRAs
https://www.forbrightbank.com/consumer-online-cds/ FAQ:
https://www.forbrightbank.com/products-and-services/consumer-banking/forbright-community/personal-banking/online-cd-faq/

View all posts from:
 * 2023
 * 2018


3/11 - Forbright Bank's 12-17 Month CD Is A Rate-Leader
3/10 - Deleted after noticing already posted
3/9 - Forbright Bank - 12-Month CD @ 5.25%

7/7 - Congressional Bank Ups Nationally Available 12-Month CD
5/25 - Congressional Bank Has Nationally Available 60-Month CD


Reviews (2)
 * Write a Review



Featured Account OptionsSPONSORED LISTINGS How DepositAccounts Gets Paid? |
Advertising Disclosure
Online Savings Account
Marcus by Goldman Sachs offers
online savings accounts that
routinely beat the competition
3.75% APY

High Yield Savings Account
American Express National Bank
Member FDIC.
3.75% APY


5.25 % ONLY APPLIES TO 12 MONTH CD


Posted by: themoose | Mar 14, 2023

I called the bank this morning and was told their 5.25 percent certificate is
only available for 12 month CDs. DepositAccts shows a 12-17 month option for
that rate, but not according to the bank. Please keep that in mind.

 * Comments (1)
 * Comment

40 votes  |   Report Post



CDS 12 MONTH RATE - 3.924% 2023.03.22


Posted by: yahooeu | Mar 22, 2023

CDs 12 month Rate - 3.924% 2023.03.22

 * Comment

6 votes  |   Report Post

WRITE A REVIEW


Health
A

DATA AS OF Q2 2022


Learn why bank health matters

HEALTH GRADE COMPONENTS

ATexas Ratio
B+Texas Ratio Trend
A+Deposit Growth
B+Capitalization



OverallOverallFDIC Certificate #57614Year Established2003Employees360Primary
RegulatorFDIC

Profit MarginProfit MarginReturn on Assets - YTD1.33%Return on Equity -
YTD11.86%Annual Interest Income$135.0MM

Assets and LiabilitiesAssets and LiabilitiesAssetsQ2 2022vs Q2
2021$6.44B$2.46BLoansQ2 2022vs Q2 2021$4.53B$1.93BDepositsQ2 2022vs Q2
2021$5.66B$1.73BEquity CapitalQ2 2022vs Q2 2021$637.1MM$451.3MMLoan Loss
AllowanceQ2 2022vs Q2 2021$37.9MM$17.3MMUnbacked Noncurrent LoansQ2 2022vs Q2
2021$46.1MM$38.1MMReal Estate OwnedQ2 2022vs Q2 2021$279.00K$0

Rates
Skip to rates for:
 * Savings
 * Money Market
 * Checking
 * CD
 * IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not
Forbright Bank; we are a rate comparison website and cannot provide official
rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see
APYs for other deposit amounts.


FORBRIGHT BANK SAVINGS ACCOUNT RATES

Forbright Bank Savings Account RatesAPYMINMAXACCOUNT NAMEVIEW
DETAILS4.00%*$250k*-Tiered Rate Personal Savings View Details - Tiered Rate
Personal SavingsOTHER TIERS: 3.50% → Up to $250k 4.00%*-$10kKids Club Savings
View Details - Kids Club SavingsOTHER TIERS: 0.80% → $10k+
4.00%*$250k*-Commercial Tiered Rate Savings View Details - Commercial Tiered
Rate SavingsOTHER TIERS: 3.50% → Up to $250k 2.50%--Statement Savings View
Details - Statement Savings2.50%--Commercial Statement Savings View Details -
Commercial Statement Savings0.30%--IRA Savings View Details - IRA Savings


FORBRIGHT BANK MONEY MARKET RATES

APYMINMAXACCOUNT NAMEVIEW DETAILS4.00%--Platinum Money Market Platinum Money
Market4.00%--Commercial Platinum Money Market Commercial Platinum Money
Market3.85%--Personal ICS Money Market Personal ICS Money
Market3.85%--Commercial ICS Money Market Commercial ICS Money
Market3.50%$2.5k-Personal Money Market Personal Money
Market3.50%$2.5k-Commercial Money Market Commercial Money Market


FORBRIGHT BANK CHECKING ACCOUNT RATES

APYMINMAXACCOUNT NAMEVIEW DETAILS4.00%--IOLTA IOLTA0.10%$1.5k-Personal NOW
Personal NOW0.10%$1.5k-Commercial NOW Commercial NOW0.10%--MAHT MAHT


FORBRIGHT BANK CD RATES

Forbright Bank CD RatesAPYMINMAXACCOUNT NAMEVIEW DETAILS4.00%$1k-12-17 Month CD
View Details - 12-17 Month CD4.00%$1k-Business 12-17 Month CD View Details -
Business 12-17 Month CD3.00%$1k-9-11 Month CD View Details - 9-11 Month
CD3.00%$1k-18-23 Month CD View Details - 18-23 Month CD3.00%$1k-24-29 Month CD
View Details - 24-29 Month CD3.00%$1k-30-35 Month CD View Details - 30-35 Month
CD3.00%$1k-36-47 Month CD View Details - 36-47 Month CD3.00%$1k-48-59 Month CD
View Details - 48-59 Month CD3.00%$1k-60 Month CD View Details - 60 Month
CD3.00%$1k-Business 9-11 Month CD View Details - Business 9-11 Month
CD3.00%$1k-Business 18-23 Month CD View Details - Business 18-23 Month
CD3.00%$1k-Business 24-29 Month CD View Details - Business 24-29 Month
CD3.00%$1k-Business 30-35 Month CD View Details - Business 30-35 Month
CD3.00%$1k-Business 36-47 Month CD View Details - Business 36-47 Month
CD3.00%$1k-Business 48-59 Month CD View Details - Business 48-59 Month
CD3.00%$1k-Business 60 Month CD View Details - Business 60 Month CD2.00%$1k-3-5
Month CD View Details - 3-5 Month CD2.00%$1k-6-8 Month CD View Details - 6-8
Month CD2.00%$1k-Business 3-5 Month CD View Details - Business 3-5 Month
CD2.00%$1k-Business 6-8 Month CD View Details - Business 6-8 Month CD


FORBRIGHT BANK IRA RATES

APYMINMAXACCOUNT NAMEVIEW DETAILS3.85%$1k-24-29 Month IRA 24-29 Month
IRA3.85%$1k-30-35 Month IRA 30-35 Month IRA3.75%$1k-12-17 Month IRA 12-17 Month
IRA3.75%$1k-18-23 Month IRA 18-23 Month IRA3.55%$1k-60 Month IRA 60 Month
IRA3.45%$1k-36-47 Month IRA 36-47 Month IRA3.45%$1k-48-59 Month IRA 48-59 Month
IRA2.00%$1k-3-5 Month IRA 3-5 Month IRA2.00%$1k-6-8 Month IRA 6-8 Month
IRA2.00%$1k-9-11 Month IRA 9-11 Month IRA

Locations
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Forbright Bank LocationsHerndon Branch150 Elden Street Suite 170Herndon, VA
20170Congressional Bank7963 Tuckerman LnPotomac, MD 20854Montgomery Lane
Branch4801-A Montgomery LaneBethesda, MD 20814American Bank Branch1700 Rockville
PikeRockville, MD 20852

The financial institution, product, and APY (Annual Percentage Yield) data
displayed on this website is gathered from various sources and may not reflect
all of the offers available in your region. Although we strive to provide the
most accurate data possible, we cannot guarantee its accuracy. The content
displayed is for general information purposes only; always verify account
details and availability with the financial institution before opening an
account. Contact feedback@depositaccounts.com to report inaccurate info or to
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