What are the benefits of a Growth CD account?

Forbright Bank is proud to offer 100% digital, high-yield Certificates of Deposit featuring competitive rates, a variety of terms, and a superior online banking experience. Your Growth CD account takes just minutes to open online. Simply choose a CD term, enter your information, and deposit a minimum of $1,000 within the first 10 calendar days.

With our 10-day best rate assurance, you will automatically receive the best published Growth CD rate for your Growth CD term if rates increase during the first 10 calendar days of account opening (inclusive of the account opening date).

Forbright Bank also offers the benefit of penalty-free paid interest transfers on Growth CD. This means Growth CD customers can opt into recurring monthly withdrawals of interest or choose a one-time, per-term disbursement of all paid interest. The ability to take out paid interest from Growth CD early without paying a penalty fee is a huge benefit when you quickly need cash.