visitors! Enjoy no-fee banking with Growth Savings
Earn Up To 4.15% APY1
- New customers can earn 0.30% APY boost on the standard 3.85% Annual Percentage Yield2
- Afterward, enjoy our standard APY – more than 9x the national average savings rate3
2 Standard APY is accurate as of , variable, and subject to change at any time, even after account opening. APY boost available only to those who have never had a Forbright Bank Growth Savings or Growth CD account; it will be applied through 12/31/2026, beginning the business day after one-time minimum balance of $1,000 is reached by 08/31/2026. Available only online. Terms apply.
3 Based on the National Deposit Rate as of May 18, 2026 from the FDIC National Rates and Rate Caps for Savings deposit products.
©2014-2026 and TM, NerdWallet, Inc. All Rights Reserved.
Boost Your Growth for What Matters Most
New customers can earn 0.30% APY boost on the standard APY. Offer available only to those who have never had a Forbright Bank Growth Savings or Growth CD account. APY boost will be applied through December 31, 2026 beginning the business day after one-time minimum balance of $1,000 is reached by August 31, 2026. APY is variable and subject to change at any time. Terms apply.4
A Better Way to Grow Your Money
Breathe easier knowing your bank is proud to support 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 a 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, encryption, and fraud monitoring.
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
Calculator for illustrative purposes only. Interest earned are estimates and actual savings amount may vary. How did we determine this calculation?
You Could Save $xxx Over 5 Years
| Total Amount Deposited | $170,000 |
|---|---|
| Total Interest Earned | $1,000 |
| Total Savings | $180,000 |
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Growth Savings is designed to do good. Every cent you save earns interest and supports a more sustainable future.
For a limited time, new customers can qualify for a 0.30% Annual Percentage Yield (APY) boost on our standard APY for Growth Savings when they open an account and reach a one-time minimum balance of $1,000 by 11:59 p.m. ET on August 31, 2026.
For purposes of this offer, a new customer is an individual who has never previously had a Forbright Bank Growth Savings or Growth CD account, either as primary or joint owner, prior to June 15, 2026. If you’ve never had a Growth Savings or Growth CD account and you open a new Growth Savings account, you can earn up to 4.15% APY (standard 3.85% APY + 0.30% APY boost).
The APY boost is applied in addition to the disclosed standard APY. The standard APY is variable and subject to change at any time without notice. Your new account will start earning the boosted rate on the business day after your end-of-day current account balance first reaches $1,000 or more, once eligibility is confirmed. Once applied, the APY Boost will apply to interest calculated from that day forward through December 31, 2026. For more information, please review the Terms and Conditions4 for this promotion.
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, click here.
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 at no charge to you. Access your account 24/7 online or through our mobile app to take advantage of unlimited Growth Savings transfers.
We’re always working on new ways to reward current customers while continuing to provide a competitive rate. Watch your email and online banking platform for future announcements!
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1 Annual Percentage Yield (APY).
2 Standard APY is accurate as of , variable, and subject to change at any time, even after account opening. APY boost available only to those who have never had a Forbright Bank Growth Savings or Growth CD account; it will be applied through 12/31/2026, beginning the business day after one-time minimum balance of $1,000 is reached by 08/31/2026. Available only online. Terms apply.
3 Based on the National Deposit Rate as of May 18, 2026 from the FDIC National Rates and Rate Caps for Savings deposit products.
4 LIMITED-TIME OFFER TERMS & CONDITIONS
Forbright Bank Growth Savings Account Rate Boost
This Promotional Rate Terms & Conditions Addendum (this “Addendum”) supplements and forms part of the Bank’s Truth in Savings Account Disclosure for the Growth Savings Account provided to you at account opening (the “Disclosure”). This Addendum describes the promotional annual percentage yield (“APY”) and related terms that may apply for a limited time.
0.30% APY Boost Offer Terms
Earn a promotional APY equal to the standard APY plus an additional 0.30% (the “APY Boost”) on eligible new Forbright Bank Growth Savings accounts opened under this promotional offer (the “Offer”). The APY Boost applies only during the Reward Period described below. The combined APY, including the APY Boost, is variable and may change if the standard APY changes.
Account Opening Period
June 15, 2026, through August 31, 2026 by 11:59 p.m. ET.
Account applications are subject to approval.
Eligibility
This Offer is available only to new Forbright Bank customers who open one or more new Forbright Bank Growth Savings accounts during the Account Opening Period.
For purposes of this Offer, a new customer is an individual who has never previously had a Forbright Bank Growth Savings or Growth CD account, either as primary or joint owner, prior to June 15, 2026.
If a new customer opens multiple eligible Growth Savings accounts during the Account Opening Period, the APY Boost will apply to each such account opened during that period that independently meets the qualifications below.
Qualification Period
The Qualification Period runs from June 15, 2026 through August 31, 2026.
To qualify for the APY Boost under this Offer:
• You must open an eligible account during the Account Opening Period and fund your account so that your end-of-day current balance reaches a one-time minimum of $1,000.
• Current balance checks will occur everyday at 11:59 p.m. ET during the Qualification Period.
• This current balance requirement must be met no later than 11:59 p.m. ET on August 31, 2026.
Once these requirements are met, eligible customers will qualify for the APY Boost.
Reward Period
The Reward Period begins on the date the APY Boost is applied to your account and continues through December 31, 2026.
Once applied, the APY Boost will remain in effect through December 31, 2026, even if your current balance later falls below $1,000.
How the APY Boost Applies
The APY Boost is applied once eligibility and qualification requirements are met.
• The APY Boost will be applied on the business day after your end-of-day current account balance first reaches $1,000 or more, once eligibility is confirmed.
• Interest earned from account opening until the APY Boost is applied will be calculated at the standard APY.
• Once applied, the APY Boost will apply to interest calculated from that day forward through December 31, 2026.
• The APY Boost is applied in addition to the disclosed standard APY. The standard APY is variable and subject to change at any time without notice.
Rate Display and Application Timing
At the time of account opening, the APY displayed during the application process will reflect the standard APY and will not include the APY Boost.
Once qualifications are met and the APY Boost is applied, it will be reflected in Online Banking and will apply to interest calculated from that day forward, through December 31, 2026.
Account Status Requirement
To receive the APY Boost during the Reward Period, the account must remain open and in good standing at the time interest is credited for each monthly statement period.
An account is considered not in good standing if it is closed or scheduled to be closed.
If an account is not in good standing during any statement period:
• The APY Boost will not be applied for that period; and
• The account will not be eligible to receive the APY Boost for any subsequent statement periods during the Reward Period.
APY Boost Details
The 0.30% APY Boost (“APY Boost”) applies only during the Reward Period.
The APY Boost will end automatically on December 31, 2026, after which the account will earn the then current disclosed standard APY.
The standard APY is variable and subject to change at any time without notice.
For complete details on how interest is calculated, please refer to the Forbright Bank Growth Savings Account Truth in Savings Disclosure.
Additional Offer Terms
• Customers are eligible for only one promotional rate boost offer at a time. Promotional offers may not be combined or stacked unless expressly stated otherwise.
• If a Growth Savings account remains unfunded for an extended period, Forbright Bank reserves the right to close the account in accordance with the Digital Banking Deposit Account Agreement and Terms & Conditions.
• The value of this promotional offer may be reported to the IRS, and the customer is responsible for any applicable federal, state, or local taxes.
• Forbright Bank reserves the right to disqualify any participant from this promotion at any time for any reason, including suspected fraud, misuse, or suspicious activity.
• This offer, and all related products and services, are subject to change, modification, or termination at any time.
For complete details regarding your account, please refer to the Forbright Bank Digital Banking Deposit Account Agreement and Terms & Conditions.
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