Who We Are
Deposit Account Agreement
Please read the deposit account terms and conditions to learn about the procedures, personal data control, guarantee....
Download the PDF here (file 1) Download the PDF here (file 2)Our Mission
We’re a bank on a mission to curb climate change and provide exceptional service for our customers. We’re here to support our customers’ financial goals, help build a more sustainable future, and continue our financial standing as a well-capitalized bank. Our team has decades of experience in sustainability, responsible financial management, and risk governance.
Learn About Our Impact
Our Approach
01.
It starts with you
When you partner with a bank, you make a decision about how your money will be used. Considering where your dollar goes, beyond your account, is the first step towards better banking.
02.
Sustainable finance vs. traditional finance
We offer everything you’d want from a traditional bank, including both digital and branch banking options within Maryland and Virginia. What sets us apart is how we proactively dedicate capital to sustainable investments and clean energy projects, which help drive towards a low-carbon economy.
03.
Funding helps climate-conscious companies grow
Today, we finance millions in solar residential loans, wind turbine repairs, and affordable housing. We also ensure that none of our loans finance fossil fuels, allowing us to become Fossil Free and Green Business Certified.
04.
Our responsibilities beyond banking
Our approach to sustainability and responsibility extends beyond our financing and runs throughout our operations and employee benefits. Employees receive bonuses for purchasing solar panels or electric vehicles. And all our clean energy financing is aligned with our Green Financing Framework, which is independently verified through a second-party opinion by Sustainalytics.
Bankrate
“The nine-month and one-year CDs earn highly competitive rates, and the three savings accounts earn yields that are well above the national average.” – Bankrate
MoneyRates
Forbright Bank was recognized for our outstanding CD by MoneyRates. For 2024, we were awarded Best CD due to our commitment to sustainability.
GOBankingRates
“Forbright Bank, a traditional bank that offers high-yield online CDs, is one of just seven U.S. banks that is a signatory to the United Nations Principles for Responsible Banking.” – GOBankingRates