Is it safe to connect my external accounts via Plaid?

Yes, it is safe to connect your external accounts to Growth Savings or Growth CD. Forbright Bank uses Plaid, a widely used financial software provider, to safely connect your external accounts. When Plaid connects your bank account to various apps or other accounts like your Growth Savings or Growth CD, Plaid encrypts your financial data with best-in-class encryption protocols. This allows you to safely transfer funds from one account to another without disclosing account information between institutions. Plaid also uses multi-factor authentication, helping to ensure that you are the only one who can authorize a transaction to or from one of your accounts.

To learn more about Plaid and how it keeps you safe, read our article, How Plaid Works.