Growth Savings
5.30% APY1
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FDIC-Insured Deposits -
No Fees, No Minimum Deposits, No Hidden Charges
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Interest Compounded Daily
A Better Way to Grow Your Money
At Forbright Bank, sustainability and financial responsibility guide everything we do. You can feel good knowing that your Growth Savings deposits will not fund any fossil fuel extraction or infrastructure while helping to finance sustainable projects like solar installations, green building upgrades, and accessible healthcare.
Save Money on Your Terms
There’s no minimum balance requirement to open a Growth Savings account. Start earning money as soon as your deposit is received.
Calculate Your Savings
See what Growth Savings could do for you.
Get Started with Your Details
Calculator for illustrative purposes only. Interest earned are estimates and actual savings amount may vary. How did we determine this calculation?
You Could Save $xxx Over 5 Years
| Total Amount Deposited | $170,000 |
|---|---|
| Total Interest Earned | $1,000 |
| Total Savings | $180,000 |
Get Started Today
Growth Savings is designed to do good. Every cent you save earns interest and supports a more sustainable future.
Forbright Bank is proud to offer a high-yield savings product featuring a competitive rate and superior online banking experience, while providing the security and benefits of being an FDIC-insured bank that finances responsible and sustainable projects. Growth Savings customers also enjoy access to our customer service team online or by phone.
Our balanced, diversified lending approach helps reduce credit risk and presents enhanced lending opportunities. And our business strategy means Growth Savings is available as a first-class digital experience rather than a physical bank branch product, helping us lower overhead expenses and omit fees for Growth Savings customers. In the end, it’s an approach that is good for our customers, employees, and the planet.
Great question! Forbright Bank is part of an alliance of banks and credit unions that have pledged not to finance fossil fuel companies or projects. Fossil fuels are non-renewable, carbon-based energy sources, such as coal, oil, and natural gas. To learn more about fossil free banking, read our article here.
Yes! Forbright Bank does not charge fees for Growth Savings. We believe that your money should be yours to use and how you wish – without worrying about fees or hidden charges chipping away at your savings. To see how a no-fees account like Growth Savings can supercharge your savings, visit here.
Growth Savings is 100% digital, which means you can transfer money whenever you want without any transfer fees. Access your account 24/7 online or through our mobile app to take advantage of unlimited Growth Savings transfers.
Open an Account in Minutes
Open a Growth Savings account with as little or as much as you want. No minimum deposit required.
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