Growth Savings
4.25% APY1

  • Earn more than 10x the National Average Savings Rate2
  • No Fees and No Minimum Deposits
  • Interest Compounded Daily

A Better Way to Grow Your Money

Breathe easier knowing your bank is a proud partner of the National Park Foundation and The Nature Conservancy – all while helping you save more.

Enjoy Fee-Free Savings

Unlike other banks, we won’t charge you a fee on your Growth Savings account. Without fees, your hard-earned savings keep on growing.

Why Choose Growth Savings?

Earn Even More

with high APY

No Minimum Balance

Start earning as soon as your deposit is received

$0 Fees

Skip monthly, maintenance, and transfer fees, so you keep everything you earn

FDIC-Insured

Your deposits are FDIC-insured up to at least $250,000 per depositor, per ownership category

Advanced Security You Can Trust

Protect your information with two-factor authentication, strong encryption technology, and fraud detection

Environmentally Friendly Banking

At Forbright Bank, we’re proud to help protect America’s national parks

Calculate Your Savings

See what Growth Savings could do for you.

Get Started with Your Details
1 year 15 years

Calculator for illustrative purposes only. Interest earned are estimates and actual savings amount may vary. How did we determine this calculation?

How did we determine this calculation?

The savings calculator example assumes a 4.25% Annual Percentage Yield (APY). APY is accurate as of August 10, 2025. Growth Savings is a variable rate account, and interest rates and APYs may change at any time without notice. The first year shown reflects a full 12 months, regardless of when in the year you start contributing. Total savings and interest assume no withdrawals are made from the account during the calculation period, that deposits occur on the first and sixteenth of the month for the semi-monthly calculation and on the first of the month for the monthly calculation.

You Could Save $xxx Over 5 Years
Total Amount Deposited $170,000
Total Interest Earned $1,000
Total Savings $180,000

Get Started Today

Growth Savings is designed to do good. Every cent you save earns interest and supports a more sustainable future.

Forbright Bank is proud to offer a high-yield savings product featuring a competitive rate and superior online banking experience, while providing the security and benefits of being an FDIC-insured bank that finances responsible projects. Growth Savings customers also enjoy access to our customer service team online or by phone. 

Our balanced, diversified lending approach helps reduce credit risk and presents enhanced lending opportunities. And our business strategy means Growth Savings is available as a first-class digital experience rather than a physical bank branch product, helping us lower overhead expenses and omit fees for Growth Savings customers. In the end, it’s an approach that is good for our customers, employees, and the planet.

Great question! Forbright Bank is a proud partner of the National Park Foundation, where we help fund their mission and programs to expand protection of America’s park lands and connect more people to the country’s more than 400 national parks. In addition, we’re carbon neutral in our operations and we are proud to support organizations like The Nature Conservancy and American Red Cross. To learn more, see our impact.

Yes! Forbright Bank does not charge fees for Growth Savings. We believe that your money should be yours to use and how you wish – without worrying about fees or hidden charges chipping away at your savings. To see how a no-fees account like Growth Savings can supercharge your savings, visit here.

Growth Savings is 100% digital, which means you can transfer money whenever you want without any transfer fees. Access your account 24/7 online or through our mobile app to take advantage of unlimited Growth Savings transfers.

Apply in Minutes

Open a Growth Savings account with as little or as much as you want. No minimum deposit required.