Forbright Bank Rates —
Loading live rates…
Forbright Bank is an online, FDIC-insured bank with a sustainability focus — it directs financing toward the clean-energy transition — and it consistently posts some of the more competitive online yields we track. We follow its full deposit lineup for YourBestSavings: the no-minimum Growth Savings account and two families of certificates — higher-yield Growth CDs and a broad ladder of Branch CDs from a few months out to five years — all opening with a low $1,000 minimum. Every account is ranked by the ByTheMath score and re-checked daily against Forbright’s published rates. We rank by the math; no institution pays to appear or move up.
Loading Forbright Bank accounts…
What stands out at Forbright
Forbright pairs a genuinely competitive online savings account — the Growth Savings account has no minimum to open and no monthly fee — with an unusually deep CD ladder. Its Growth CDs tend to carry the highest yields (the shorter terms in particular), while the Branch CD range fills in nearly every term from 3 months to 60 months so you can build a precise ladder. All certificates open with just $1,000, low for a bank offering rates in this tier.
How we rank these accounts
Every account is scored by the ByTheMath method — APY weighted most heavily, then accessibility and flexibility — and grouped by type below, best first. Effective APY reflects the rate you would actually earn after any balance caps or conditions, which is why a capped or conditional rate does not automatically outrank a straightforward one. We may earn a commission when you open an account through our links, at no cost to you, and no commission ever changes the order; see our affiliate disclosure and methodology.
Membership, access & insurance
Forbright Bank is a member FDIC bank, so deposits are insured up to $250,000 per depositor, per ownership category. Accounts are opened and managed online, which is part of why its savings and CD yields run well above the brick-and-mortar average. The Growth Savings account has no minimum and no monthly maintenance fee; certificates require $1,000 to open. Use the insurance calculator to check coverage across multiple accounts.
Yes. Forbright Bank is a member FDIC bank, with deposits protected up to $250,000 per depositor, per ownership category.
The Growth Savings account has no minimum to open and no monthly fee. Certificates (both Growth CDs and Branch CDs) require a $1,000 opening deposit.
Forbright positions itself around the clean-energy transition, directing lending and financing toward decarbonization. For depositors, the accounts work like any other FDIC-insured online bank — the difference is in how the bank deploys its capital.
Both are standard fixed-term certificates. Forbright’s Growth CDs are its promotional, higher-yield terms; the Branch CD range fills in nearly every term from 3 to 60 months so you can build a full ladder. Compare the live APYs above before choosing.
See where its accounts land against the whole market on our high-yield savings and CD rate rankings.