Forbright CD Rates, Savings & MMA, Mortgage & Loan Rates, Reviews

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Today's 12-month CD rates can be found at 3.55%, 6-month CD rates at 4.06% and 3-month CD rates at 0.50%. Current savings rates are at 0.50% and money market rates are at 1.11%. Mortgage rates today on 30-year fixed loans are around 7.01%. Credit Card rates are at 13.74%. Personal Loan rates are at 12.00%. All these rates, and more, can be found in our database of rates. Forbright's 12-Month CD rates are at 5.25%, 60-Month CD rates are at 3.00%, 36-Month CD rates are at 3.00%, 24-Month CD rates are at 3.00%. Forbright's savings rates are at 4.25%. Forbright's money market rates are at 4.25%.

Forbright

To see how these rates compare to Forbright CD rates, feel free to use our comprehensive rate tables for side-by-side comparisons of CD rates from Forbright, savings rates and money market rates, with rates from other banks and credit unions below. You can use our bank rate lists to compare CD rates for all CD terms, with Forbright CD rates. You can also compare Forbright savings rates, MMA rates and mortgage rates using our other rate lists.

Forbright money market rates, and other rates, are continually updated to reflect market conditions, we recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Forbright? Share your experience about Forbright by leaving a review below, or read customer reviews before you decide to use Forbright.

Forbright Texas Ratio

Forbright's Texas Ratio is at 2.48%, which is considered excellent. The Texas Ratio for Forbright is lower than the national average of all banks, currently at 6.24%. The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks. Banks that have a Texas Ratio of 100% or more have a high chance of failing.

Overall, Forbright is an excellent bank worth considering, with an overall rating of 5 stars out of 5 stars.

Rate
APY/APR
vs Avg
12-Month CD
5.25%
18-Month CD
N/A
24-Month CD
3.00%
36-Month CD
3.00%
48-Month CD
N/A
60-Month CD
3.00%
Savings
4.25%
MMA
4.25%
30-Year Fixed
N/A
Credit Card
N/A
Personal Loan
N/A
Forbright
7963 Tuckerman Ln
Potomac, MD 20854
Member FDIC
MonitorBankRates' Rating
5/5
★★★★★

Forbright CD Rates and Interest Rates

Bank
Product
APY
Min Dep
Forbright
Forbright
12-Month CD
5.25%
$1,000
Forbright
Forbright
Bright Savings
4.25%
$250,000
Forbright
Forbright
Sprout Savings
4.25%
$0
Forbright
Forbright
Bright Checking
4.25%
$250,000
Forbright
Forbright
Platinum Money Market
4.25%
$2,500
Forbright
Forbright
24-Month CD
3.00%
$1,000
Forbright
Forbright
36-Month CD
3.00%
$1,000
Forbright
Forbright
60-Month CD
3.00%
$1,000
Show More

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Compare Forbright Rates with Other Competitive Bank and Credit Union Rates

Bank
Product
APY
Min Dep
First Bank of the Lake
First Bank of the Lake
6-Month CD
5.50%
$1,000
Comerica Bank & Trust, N.A.
Comerica Bank & Trust, N.A.
6-Month CD
5.00%
$5,000
The Bank of New Glarus
The Bank of New Glarus
12-Month CD special
4.84%
$2,000
Murphy Bank
Murphy Bank
18-Month Jumbo CD
4.80%
$10,000
Blue Foundry Bank
Blue Foundry Bank
9-Month CD
4.75%
$1,000
First FSB of Kentucky
First FSB of Kentucky
10-Month CD
4.72%
$500
GTE Financial CU
GTE Financial CU
18-Month CD Jumbo
4.59%
$100,000
First National Bank in Olney
First National Bank in Olney
3-Month CD
4.59%
$500
Community Bank Delaware
Community Bank Delaware
7-Month CD
4.50%
$500
Gouverneur S&L
Gouverneur S&L
12-Month CD
4.34%
$2,500
American State Bank of Grygla
American State Bank of Grygla
18-Month CD
4.32%
$500
Investment Savings Bank
Investment Savings Bank
12-Month CD
4.20%
$500
Farm Bureau Bank FSB
Farm Bureau Bank FSB
18-Month CD
4.15%
$1,000
Fairfield Federal S&L of Lancaster
Fairfield Federal S&L of Lancaster
12-Month CD
4.08%
$500
CFG Bank
CFG Bank
60-Month CD
4.05%
$500
Prime Alliance Bank
Prime Alliance Bank
48-Month CD
4.00%
$500
Charles River Bank
Charles River Bank
18-Month CD
4.00%
$1,000
Advantage Credit Union Newtown, IA
Advantage Credit Union Newtown, IA
12-Month CD
3.94%
$1,000
Pentucket Bank
Pentucket Bank
24-Month CD
3.90%
$500
Liberty Bank Poulsbo, WA
Liberty Bank Poulsbo, WA
36-Month CD
3.82%
$2,500
Suncoast Credit Union
Suncoast Credit Union
60-Month CD share
3.80%
$500
Pentagon Federal Credit Union
Pentagon Federal Credit Union
48-Month CD (Certificate)
3.50%
$1,000
Alabama Credit Union
Alabama Credit Union
48-Month CD certificate
3.44%
$500
GreenLeaf Bank
GreenLeaf Bank
48-Month CD
3.35%
$1,000
The Valley State Bank
The Valley State Bank
48-Month CD
3.35%
$500
The Corner Stone Bank
The Corner Stone Bank
60-Month CD
3.30%
$1,000
Abnb Federal Credit Union
Abnb Federal Credit Union
36-Month CD certificate
3.30%
$1,000
Genoa Community Bank
Genoa Community Bank
60-Month CD
2.55%
$500
Kendall Bank
Kendall Bank
6-Month CD
2.50%
$1,000
Homeland Community Bank
Homeland Community Bank
36-Month CD
2.40%
$500
TFB Tecumseh Federal Bank
TFB Tecumseh Federal Bank
18-Month CD
2.02%
$500
Chase Bank
Chase Bank
3-Month CD relationship
2.00%
$1,000
First Savings Bank of Hegewisch
First Savings Bank of Hegewisch
48-Month CD College Savers
2.00%
$50
Maries County Bank
Maries County Bank
36-Month CD
1.76%
$1,000
Farmers and Merchants Bank Milford, NE
Farmers and Merchants Bank Milford, NE
36-Month CD
1.51%
$1,500
Forte Bank
Forte Bank
36-Month CD
1.46%
$1,000
Security Bank of Southwest Missouri
Security Bank of Southwest Missouri
24-Month CD
1.36%
$1,000
First FSB of Kentucky
First FSB of Kentucky
36-Month CD
1.00%
$500
PeopleFirst Bank
PeopleFirst Bank
24-Month CD
1.00%
$2,500
Mutual Security Credit Union
Mutual Security Credit Union
24-Month CD certificate
1.00%
$500
WSB Municipal Bank
WSB Municipal Bank
24-Month CD
0.87%
$500
Community National Bank (VT)
Community National Bank (VT)
12-Month CD
0.49%
$2,500
First National Bank in Pinckneyville
First National Bank in Pinckneyville
24-Month CD
0.25%
$500
First Federal Bank of Kansas City
First Federal Bank of Kansas City
Premier Interest Checking Account
0.20%
$25,000
Vibrant Credit Union
Vibrant Credit Union
12-Month CD certificate
0.20%
$5
NVE Bank
NVE Bank
12-Month CD
0.11%
$1,000
National Bank of Coxsackie
National Bank of Coxsackie
6-Month CD
0.10%
$500
Bank of New Hampshire
Bank of New Hampshire
6-Month CD
0.10%
$500
Flanagan State Bank
Flanagan State Bank
Savings Account
0.05%
$500
NBT Bank
NBT Bank
Statement Savings
0.03%
$25
Show More

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Mortgage Rates April 22, 2024

Lender
Product
Rate
APR
Points
4.500%
4.666%
0.000
4.650%
4.766%
0.000
4.990%
5.287%
0.500
5.500%
5.570%
0.000
5.500%
5.614%
0.000
10-Year Power Rate Fixed
5.954%
5.625%
0.000
15-Year Fixed
5.625%
5.681%
0.000
5.500%
5.716%
0.500
15-Year Power Rate Fixed
5.974%
5.750%
0.000
5.625%
5.777%
0.500
5.500%
5.820%
0.000
5.750%
5.834%
0.000
5.500%
5.868%
2.000
5.750%
5.883%
0.500
5.750%
5.886%
0.000
6.000%
5.892%
0.000
10-Year Fixed (LTV 90% or less)
5.675%
5.894%
0.000
5.625%
5.909%
1.000
5.750%
5.946%
0.250
5.875%
5.958%
0.000
5.875%
5.958%
0.000
5-Year ARM (LTV 80% or less)
6.250%
5.963%
0.000
Show More

The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed.

Forbright Information

Forbright
7963 Tuckerman Ln
Potomac, MD 20854
Montgomery
Established Date: 10/17/2003
FDIC Certificate #: 57614
Date of FDIC Deposit Insurance: 10/17/2003
Bank Holding Company: FORBRIGHT INC
How Many Domestic U.S. Offices? 6
How Many Branches are There? 6
Is Forbright FDIC Insured? Yes
What is Forbright's Cert number? 57614
What is the maximum amount for insured deposits? $250,000 per holder, per account

Forbright Financials

Total Assets:
$6,423,693,000
Total Deposits:
$5,620,386,000
Equity Capital:
$697,650,000
Domestic Deposits:
$5,620,386,000
Net Income:
$24,542,000
Return on Assets:
1.5989%
Quarterly Return on Assets:
1.5200%
Pretax Return on Assets:
2.0303%
Pretax Quarterly Return on Assets:
2.0300%
Return on Equity:
14.5100%
Quarterly Return on Equity:
14.0100%
Common Equity Tier 1 Capital Ratio:
10.8194%
Tier 1 Risk-Based Capital Ratio:
10.8194%
Leverage Tier 1 (Core Capital) Ratio:
10.1518%
Total Risk-Based Capital Ratio (YTD):
11.5597%
Total Interest Income (YTD):
5.9533%
 
 
Headquarters:
Potomac
FDIC Field Office:
Baltimore
Regulator:
FDIC
County:
Montgomery
# of Offices:
6
Metropolitan Statistical Area (MSA):
Washington-Arlington-Alexandria, DC-VA-MD-WV
Consolidated Metropolitan Statistical Area (CMSA):
Washington-Baltimore, DC-MD-VA-WV
OTS Region:
Southeast
FDIC Region:
New York
Source: FDIC

Top 50 CD Rates on 12-Month Certificates of Deposit 1/6/24

The 12-month CD rates listed here are significantly higher than the average 12-month rate of 2.82% in our database of rates as of 1/6/24. Right now the best CD rate on our 12-month list is at 6.00%, two credit unions are currently offering the top rate, City Credit Union Credit Human FCU. The third best rate is also from a credit union, All In Credit Union is offering a 12-month jumbo CD rate of 5.80%.

The 4th best 12-month rate is from MyeBanc, currently offering a 12-month jumbo CD rate of 5.77% APY. Bayer Heritage FCU has the 5th best rate at 5.76% for a 12-month jumbo CD. The 6th best rate is a three-way tie at 5.75% APY, All In Credit Union, One World Bank and Washita State Bank are all offering a 5.75% APY for a regular 12-month CD. You can view the top 50 rates below, do your own search of our database for the best CD rates on 12-month CDs.

    Read more...

Highest Savings Account Rates for September 8, 2023

Since the Federal Reserve has been increasing rates for the past 15 months, high-yield savings accounts have become an even more attractive option for savers and investors. Gone are the days of low interest rates for online banks, if you're looking to maximize your returns on your savings account, you've come to the right place. Below, we list some of the highest and most competitive savings account rates available in descending order of the interest rate offered:

Highest Savings Rates:

  • UBS Bank USA: 5.40%, Minimum deposit: $1000
  •     Read more...

    Forbright Bank CD Rates: Maximize Your Savings with High Forbright Bank Rates!

    Looking to maximize your savings with a high yielding CD account? Look no further than Forbright Bank's exceptional CD rates! Experience the power of your money working harder for you with our highly competitive short-term CD rates. At an incredible 5.25% APY, our 12-month CD rate is truly one of the best rates available today!

    But that's not all! Compared to other online banks, Forbright Bank's CD rates are consistently better. As of today, Forbright Bank is also offering an impressive 3.00% APY on the bank's 24-month, 36-month and 60-month CDs.

    Forbright Bank is not just your average financial institution, besides high yielding CD accounts, Forbright also offers a wide range of banking products and services designed to meet your needs. Alongside their CD accounts, the bank offers various checking accounts, money market and savings accounts, and even IRA savings accounts.

        Read more...

    Forbright Bank CD Rates: 12-Month Rate at 5.25% APY

    Forbright Bank CD rates are very competitive right now, especially on the bank's short term CD rates. 12-month CD rates at Forbright Bank are currently at 5.25% APY. That 12-month CD rate is one of the best CD rates around these days.

    Forbright Bank's CD rates are competitive compared to other online banks. As of the date of this writing, the bank offers a 3-month to 5-month CD with an APY of 2.00%. The APY for a 6-month to 8-month CD is also 2.00%. Longer-term CD rates are also some of the highest CD rates available right now, current 5-year CD rates are at 4.40% APY.

    Forbright Bank is a financial institution that offers a range of banking products and services. Besides offering CD accounts, several different checking accounts, money market and savings accounts, and IRA savings accounts.

        Read more...

    Explore Other Rate Deals

    Falling Treasury yields late last week are sending mortgage rates today lower on both conforming and jumbo mortgage loans. 10 year Treasury yields closed at 1.56 percent last Friday on news the Federal Reserve is more likely to act with another round of quantitative easing to force bond yields lower. At a conference in Jackson Hole, Wyoming, the Fed Chairman, Ben Bernanke, said they are ready to act with more easing if the economy slows down. This news sent bond yields lower and current mortgage rates lower as well.
    Mortgage Rates Increase 30 Year Mortgage Rates at 492 15 Year Mortgage Rates at 430Long term mortgage rates increased slightly in our latest Mortgage Rate Survey with the exception of 30 year jumbo mortgage rates, which were down slightly. 30 year conforming mortgage rates increased this week to 4.92 percent this week, up from last week's average mortgage rate of 4.88 percent. This is the third consecutive week conforming 30 year rates are under 5.00 percent.
    CD rates continue to move higher in 2017 as November brings more new highs for 1 year CD rates. There are now three banks offering 1 year CD rates at 1.74 percent with an APY of 1.75 percent.

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