| 5 star: | (8) | |
| 4 star: | (1) | |
| 3 star: | (1) | |
| 2 star: | (0) | |
| 1 star: | (8) |
I love fortnight, I’ve moved money out of other hi yeald savings to forbright because of poor customer service (NYCB/flagstar). - I love forbright
I’ve done lots of CD’s and money market savings at different banks (half a dozen or so) forbright has treated me the best - I really like there high heals money market account, fast transfers (4or5 days) in and out and great rates - I have CD’s at forbright also - all good with me there my #1 go to for high yield savings - thanks forbright
Never had a problem with. Forbright. When a CD matured and could not deposit the money in my checking account the 10 days expired. It was my fault, I made a mistake with my account number. When I called Forbright and told them this said it was okay and deposited the money about two or three days late. I hope to do business with them again.
After being denied to a HYSA at a local bank (Evergreen Bank Group, 5.25 APY), I wanted to test another bank to see if I will get denied. After 10 minutes after getting the denied email from Evergreen Bank Group, I have applied and gotten approved thru Forbright Bank, 5.30 APY. Both banks had identical questions, same requirements to meet when completing the application. I have no overdraft, credit score at 3 credit bureau are over 820, no credit freeze, no security freeze, pay bills on time, $0 balance on 2 credit cards and overpayment on 1 credit card, etc.
Loving Forbright Bank. For me it take 4 days out of 5 days for my money to be transfer between my bank regular saving account to Forbright Bank HYSA. Both financial institution go thru security of the money being transfer is from a real person, real account and not a fraud thus the reason it take up to 5 days for ACH transfer.
Calling Customer Service and speaking to Suki, Cat and Rhea are awesome. These ladies provided answer to my questions and more. The ladies have provided me an update with a date when the money will be available to my Forbright Bank account. The mobile app is easy to use and to navigate.
Forbright Bank is a win. I am very happy with my Growth Savings Account that I have applied and have been approved for a second Growth Savings account as Forbright Bank does not have buckets yet. After calling customer service and speaking to Rhea, I was informed Forbright Bank will be looking into having buckets within the Growth Savings account in the future
Other features that I love with Forbright HYSA Growth Saving account is you can add more than one external account to the Growth Saving Account. You can have up to 5 Growth Savings account. Since I now have two Growth Savings Account, I have three external account from two different banks to transfer money in and out. There is no fees, no minimum amount to open the account but an amount is required to be transfer within 21 days after opening the account before the account get close with no deposit. Forbright Bank have automatic deposit. The website is easy to navigate and you can see all approved Growth Saving account on one page. You can edit the Growth Saving names, for example one account is Growth Savings - Bills, another account is Growth Savings - Emergency Funds.
In the end everything happens for a reason. I am a happy customer of Forbright Bank that focus on sustainability coming from a licensed architect, LEED BD+C.
Opened 1 year CD with Forebright Bank. Year is over and now trying to move my CD to another bank. They have held my CD money for 10 days now and still have not transferred funds to my other bank. Tried calling (9) times and cannot get the funds transferred. What a scam this bank is making interest on my money while holding it in their bank. They keep making excuses for my money not being transferred to my other bank.
Some of the negative comments here and on BBB are a bit concerning but I have had no problems with the personal HYSA after a couple months. It was very easy to create an account. Have not had to contact customer service so far and everything has been smooth. 5.3% APY is great.
My 1 year CD came due. I filled out the docusign forms as required by the bank and got a reply that everything was accepted and my funds would go back to my external account between 24 hours and 3 days. After 4 days and no money, I contacted customer service and she said that there was some type of glitch on their end and it was not processed so it will be done between 24 more hours and 3 more days. I said that it needed to be done quicker and the customer service manager said they can not do it quicker. So I am out of my money and interest for who knows how long. .
I applied for a high yield savings account. They said it would take 3-4 business days to "review" the application. It's going on week #2 and still nothing. I've called twice and waited on hold for 10 minutes, then 20 minutes another time. I never got through to anyone either time. If I EVER hear from them, I plan to cancel my request. BIG MISTAKE!!
First the good--Very responsive customer service via phone & email) with negligible wait time. I've been impressed but unfortunately, there is a bad part...
The bad--Archaic website requiring withdrawal execution via Docusign (a horrible way) + NASTY/UNACCEPTABLE indemnity agreement whereby customers provide unlimited insurance for all bank employees PLUS any 3rd parties they use (think website developers, electric service, delivery people, equipment providers, Docusign, etc) regardless of who is at fault. I had to close my account due to this.
I opened a cd online in just a few minutes. Easiest ever. I had a little trouble enrolling the account in online banking and called CS. There was a 12 second wait. WOW! The young lady pushed my info through on the spot. All good.
The CD products and Growth HY Savings account are on different platforms. You have to fill out a manual form to specify where you want your funds to go when a CD matures.
Saw the high rate and that they invest in green business. So what the heck, thought I open a account to support. They get all my information and after hiting the button to submit, within seconds I get a popup that they cannot open the account. It goes on to say an e=mail will be sent to me. The e-mail does not give a reason. Sound like their just connecting info on people. Stay away!!!
forbright has A health review and good interest for short term cd, but they require me to open saving account physically in the branch, not allow us to open on line. they claim it is cooperate decision to avoid fraud. however, this decision made me unsafe bank with forbright bank, since I live far outside maryland. at cd mature, they said it will return the money thru ach , with routing number and act number. when I open the cd, I have called the phone number listed above, the lady told me I am allowed to open saving account. after I opened the account, they forward me to on line service, I was told no. I can not open saving account on line. now I am stuck for a year, hope I can get money back at maturity. I do not like to write reviews. I am raising alert like me to be aware.
CDs 12 month Rate - 3.924% 2023.03.22