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Last Updated: 04/18/2025

Forbright Bank Commercial Statement Savings

in Savings Accounts from Forbright Bank

Last Updated: 04/18/2025

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APY (Annual Percentage Yield)

N/A

Minimum Opening Deposit

Starting at $0

Minimum Balance to Earn APY

N/A

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Forbright Bank Commercial Statement Savings Review

Forbright Bank Commercial Statement Savings is offered by Forbright Bank, a bank founded in 2003 and based in Chevy Chase, MD. Forbright Bank Commercial Statement Savings are available in 50 states, 5 US territories, and Washington, DC.

Key Takeaways

  • $0 monthly account fees available. This account charges a monthly fee of up to $5, but the fee may be waived if you keep a minimum balance of$500.
  • No minimum initial deposit. There is no minimum balance required to open an account online.
  • No ATM fees. Forbright Bank Commercial Statement Savings does not charge fees on ATM transactions .

Forbright Bank Commercial Statement Savings Pros & Cons

Forbright Bank Commercial Statement Savings FAQ

Are savings accounts from Forbright Bank federally insured?

Yes, your deposits are insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

Does Forbright Bank offer a signup bonus?

Forbright Bank Commercial Statement Savings doesn't offer a signup bonus.

What is the minimum initial deposit for Forbright Bank Commercial Statement Savings?

There is no minimum deposit to open a Forbright Bank Commercial Statement Savings.

What APY does Forbright Bank Commercial Statement Savings offer?

Forbright Bank Commercial Statement Savings is not an interest-bearing account.

What fees does Forbright Bank Commercial Statement Savings charge?

Forbright Bank Commercial Statement Savings does not charge a monthly service fee. See the fee breakdown section below to view all fees.
However, you can waive the monthly fees if you have a minimum daily balance of $500.

    What features and perks does Forbright Bank Commercial Statement Savings offer?

    This savings account includes the following features:
    • Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
    • Mobile Banking Services - Forbright Bank Commercial Statement Savings allows you to manage your money online or with a mobile app.
    • Nationwide ATM network - Conveniently transact at a nearby ATM.

    Can you set up a direct deposit to Forbright Bank Commercial Statement Savings?

    Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

    What is the customer support email for Forbright Bank Commercial Statement Savings?

    The customer support email for Forbright Bank Commercial Statement Savings is CustomerService@ForbrightBank.com.

    SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

    Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

    Contact

    Headquarters

    4445 Willard Ave
    1000
    Chevy Chase, MD 20815
    (888) 855-7778
    Visit Site
    Email Support

    Hours of Operation

    Sunday
    Closed
    Monday
    9:00AM - 8:00PM
    Tuesday
    9:00AM - 8:00PM
    Wednesday
    9:00AM - 8:00PM
    Thursday
    9:00AM - 8:00PM
    Friday
    9:00AM - 8:00PM
    Saturday
    Closed

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