Colorado Federal Savings Bank vs. Forbright Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Colorado Federal Savings BankPremier Savings Jan 7, 2026 | Forbright BankGrowth Savings Jan 7, 2026 |
|---|---|---|
| APY | 4.05% | 4.00% |
Est. Earnings | $5,000+$0 $10,000+$0 $25,000+$0 | $5,000+$200 $10,000+$400 $25,000+$1,000 |
Min Deposit | $50,000 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredHigh MinimumGreat iOS App | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® Supported |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing Colorado Federal Savings Bank vs. Forbright Bank
As of Colorado Federal Savings Bank offers an APY of 4.05% for its Premier Savings account, with a minimum balance of $50,000, compared to Forbright Bank's 4.00% APY for its Growth Savings account, with a minimum balance of $0.
Colorado Federal Savings Bank pays $5 more than Forbright Bank on a $10,000 balance after one year. Colorado Federal Savings Bank pays $405, while Forbright Bank pays $400 - an APY advantage for Colorado Federal Savings Bank.
In addition, Colorado Federal Savings Bank also offers 4.00% APY for the High Yield Savings account, with a minimum balance of $1, while Forbright Bank offers 3.65% APY for the Bright Savings account, with a minimum balance of $250,000.
Why Colorado Federal Savings Bank?
No distinct advantages found vs Forbright Bank.
Why Forbright Bank?
- ✓Physical branch access (Locations in the Washington D.C. area (Maryland and Virginia))
- ✓Higher rated iOS app (4.8 vs 4.3)
- ✓Higher rated Android app (4.5 vs 0.0)
- ✓Fast transfers via Zelle®
— Key Feature Differences —
Better Returns at $10,000
Forbright BankForbright Bank's Growth Savings earns more on smaller deposits (approx. $400 vs $0/yr).
Better Returns at $25,000
Forbright BankForbright Bank's Growth Savings pulls ahead with larger amounts (approx. $1000 vs $0/yr).
Best Mobile App Experience
Forbright BankForbright Bank offers an iOS app rated 4.8 (vs. 4.3) and Android app rated 4.5 (vs. 0.0)
Shared Benefits
Over a 1-year period, Colorado Federal Savings Bank's Premier Savings pays $5 more interest on a $10,000 balance than Forbright Bank's Growth Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Colorado Federal Savings Bank offers a competitive High Yield Savings account with an APY of 4.00%, requiring a minimum deposit of just $1 and is available online only. Alternatively, their Premier Savings account yields 4.05% but requires a higher minimum deposit of $50,000. Forbright Bank's Growth Savings account matches the 4.00% APY with no minimum deposit, also available online only. Notably, Forbright Bank's Growth Savings provides better returns on larger deposits, making it a more attractive option for savers with significant funds. Both banks do not require direct deposits, enhancing accessibility.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Colorado Federal Savings Bank vs. Forbright Bank Savings Calculator
You earn $25 more with Colorado Federal Savings Bank than Forbright Bank on a $50,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Colorado Federal Savings Bank
Premier Savings
Savings Breakdown
- Interest Earned+$2,025.00(3.9%)
- Total Contributions$0
- Initial Deposit$50,000
Projected Balance
$52,025.00
Forbright Bank
Growth Savings
Savings Breakdown
- Interest Earned+$2,000.00(3.8%)
- Total Contributions$0
- Initial Deposit$50,000
Projected Balance
$52,000.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Colorado Federal Savings Bank | Forbright Bank |
|---|---|---|
| APY | 4.05% Verified: 1/7/2026 ↘︎ 0.10%90d Change | 4.00% Verified: 1/7/2026 Stable (90d) |
| Product Name | Premier Savings | Growth Savings |
| Minimum Deposit | $50,000 | $0 |
| Min. Balance for APY | $50,000 | $0 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.3 Android- | iOS4.8 Android4.5 |
| Zelle® Support | Not Supported | Available Branch accounts only; Growth Savings online does NOT support. |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at Colorado Federal Savings Bank Non-sponsored link to official site | Visit SiteVerify at Forbright Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Colorado Federal Savings Bank | Forbright Bank | |||
|---|---|---|---|---|---|
| Premier Savings | High Yield Savings | Sprout Savings | Bright Savings | Growth Savings | |
Current APY | 4.05% | 4.00% | 3.65% | 3.65% | 4.00% |
Trend | Stable | Stable | Stable | Stable | Stable |
Velocity (bps/mo) | -2.6 | -2.6 | -3.3 | -3.3 | -3.0 |
Days Since Change | 89 | 89 | 98 | 98 | 90 |
11-Month High | 4.25% | 4.25% | 3.90% | 3.90% | 4.25% |
11-Month Low | 4.05% | 4.00% | 3.65% | 3.65% | 4.00% |
Adjustments / Mo | 0.19 | 0.37 | 0.09 | 0.09 | 0.09 |
Volatility Score | 0.022 | 0.022 | 0.032 | 0.032 | 0.029 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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