Checking and Money Market
A checking account that works for you, on your terms.
From Personal Checking to Money Markets, we provide options that help you reach your financial goals.
Bright Checking
Added value, aligned with your values.
Support a brighter future while earning interest towards your financial goals. Enjoy features like refunds on non-Forbright ATM fees and easy-to-use mobile deposits. Make your money work harder for you.
Platinum Money Market
Easy on you, everyday.
Ideal for those that have a relationship with Forbright Bank that spans more than one account. To be eligible for this offering, you must maintain an average year-to-date relationship balance including deposit accounts and/or outstanding loan balance of $250,000 or greater.
Benefits
Earns Interest1
Free Unlimited use of Forbright ATMs
Unlimited ATM Fee Refunds for Withdrawals from Non-Forbright ATMs2
Mobile Banking with Mobile Deposit3
Free E-Statements & Bill Pay with Online Banking
Forbright Bank Debit Card4
Unlimited Transactions
Checking & Money Market Account Options
| Bright Checking | Platinum Money Market5 | |
|---|---|---|
| Unlimited ATM Fee Refunds for withdrawals from Non-Forbright ATMs2 |  | |
| Mobile Banking & Mobile Deposit3 | | |
| Forbright Bank Debit Card4 | | |
| Free E-Statements & Bill Pay with Online Banking | | |
| Minimum Balance to Open | $25 | $2,500 |
| Monthly Maintenance Fee | $0 | $106 |
| Minimum Balance Requirement to Waive Monthly Maintenance Fee | $0 | $2,5007 |
Checking and Money Market Rates
Accurate as of
| Interest Rate | APY* | Minimum Opening Deposit | Minimum Balance to Obtain APY1 | |
|---|---|---|---|---|
| Bright Checking $0-$2,499 $2,500-$9,999 $10,000-$49,999 $50,000-$99,999 $100,000-$249,999 $250,000+ | 0.00% 2.96% 2.96% 2.96% 2.96% 3.83% | 0.00% 3.00% 3.00% 3.00% 3.00% 3.90% | $25 | $2,500 |
| Root Checking | 0.00% | 0.00% | $25 | N/A |
| Platinum Money Market5 | 3.83% | 3.90% | $2,500 | $2,500 |
*Annual Percentage Yield
Rates and APYs are subject to change at any time. Fees assessed to account may reduce the earnings. The disclosed rates on variable accounts (i.e. Checking, Savings, and Money Market) may change after account opening.
Refer to Schedule of Fees for other charges that may apply.
1 Interest is calculated daily and credited monthly.
2 Refunds made within 1 business day.
3 Fees from your mobile or data carrier may apply.
4 International transaction fees may apply.
5 Relationship balance of $250,000 is required to be eligible for this account.
6 A balance requirement service charge fee of $10.00 will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the cycle.
7 Calculated based on daily balance method
Bank Your Way with Forbright
Open a Checking or Money Market account by visiting a Forbright Branch today.
Branch Savings
Our Savings Accounts provide high-yield and the flexibility you need.
Register for Online Banking
For customers who opened an account at one of our branches in the Washington, D.C. area, access your money online.