Fnbo Direct vs. Forbright Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of FNBO Direct vs. Forbright Bank
Key Metrics at a Glance
| Feature | FNBO Direct | Forbright Bank |
|---|---|---|
| Top Savings APY | 3.00% High-Yield Online Savings Account | 4.00% Growth Savings |
| Minimum to Open | $1 | $0 |
| Minimum Balance for Top APY | $0.01 | $0 |
FNBO Direct
Strengths
- FNBO Direct has no minimum balance requirement for its High-Yield Online Savings Account.
- FNBO Direct charges no maintenance fees for its savings account.
- FNBO Direct has a high App Store rating of 4.5.
Potential Drawbacks
- FNBO Direct is not BBB rated, lacking accreditation.
- FNBO Direct's current APY is 3.00%, lower than Forbright Bank's 4.00%.
- FNBO Direct has no physical branches.
Forbright Bank
Strengths
- Forbright Bank offers a higher APY of 4.00% for its Growth Savings account.
- Forbright Bank is BBB Accredited with an A+ rating.
- Forbright Bank has physical locations in the Washington D.C. area.
Potential Drawbacks
- Forbright Bank's Bright Savings account requires a $250,000 minimum balance for the highest APY.
- Forbright Bank's Sprout Savings account has a lower APY of 0.80% for balances above $9,999.
- Forbright Bank has a slightly lower Google Play rating of 4.6.
→ As of November 12, 2025 FNBO Direct offers an APY of 3.00% for its High-Yield Online Savings Account, with a minimum balance of $0.01, compared to Forbright Bank's 4.00% APY for its Growth Savings account, with a minimum balance of $0.
→ Forbright Bank yields $100 more than FNBO Direct on a $10,000 balance after one year. FNBO Direct pays $300, while Forbright Bank pays $400 - an APY advantage for Forbright Bank.
→ In addition, Forbright Bank also offers 3.65% APY for the Bright Savings account.
Calculate Savings Growth for FNBO Direct vs Forbright Bank
FNBO Direct - High-Yield Online Savings Account
Total savings breakdown:
- Interest earned: $1,798.2 (9.08%)
- Total contributions: $13,000 (65.66%)
- Initial deposit: $5,000 (25.25%)
Your total balance
$19,798.20
Total balance: $19,798.2
Earnings: $1,798.2
Bank OverviewForbright Bank - Growth Savings
Total savings breakdown:
- Interest earned: $2,434.7 (11.91%)
- Total contributions: $13,000 (63.62%)
- Initial deposit: $5,000 (24.47%)
Your total balance
$20,434.70
Total balance: $20,434.7
Earnings: $2,434.7
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, FNBO Direct's total earnings would be $636.5 lower than Forbright Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare FNBO Direct's vs Forbright Bank's Savings Accounts
| FNBO Direct | Forbright Bank | ||||
|---|---|---|---|---|---|
| Product | High-Yield Online Savings Account | vs | Growth Savings | Bright Savings | Sprout Savings |
| APY | 3.00% (as of 11/12/2025) | 4.00% (as of 11/12/2025) | 2.75% - 3.65% (as of 11/12/2025) | 0.80% - 3.65% (as of 11/12/2025) | |
| Bundled Account | No | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | Yes | |
| Online Only | No | Yes | No | No | |
| Compound Frequency | Monthly | Daily | Daily | Daily | |
| Minimum Deposit | $1 | $0 | $250 | $1 | |
| Minimum Balance for APY | $0.01 | $0 | $250,000 | $0.01 | |
| Maintenance Fee | $0 | $0 | $0 | $0 | |
| Direct Deposit Required | No | No | No | No | |
| Eligibility | United States | United States | This account must be opened in a Forbright branch (Washington, D.C. metro area) | This account is for children under 18 years old, where the account custodian is an existing customer. It must be opened in a Forbright branch (Washington, D.C. metro area) | |
| Note | This is a tiered savings account, where the highest rate is obtained by meeting a minimum balance of $250,000. A lower APY of 2.75% may be obtained with as little as $0.01 in balance. See bank for more details and all tiers. | This is a tiered savings account, where the highest rate is capped at a balance of $9,999. A lower APY of 0.80% is applied to balances above that. See bank for more details. | |||
| App Store Rating | 4.5/5 | 4.8/5 | |||
| Google Play Rating | 4.8/5 | 4.6/5 | |||
| BBB Rating | Not Rated | A+ | |||
Comparative Historical APY Insights (Last 4 Months)
| FNBO Direct | Forbright Bank | ||||
|---|---|---|---|---|---|
| Product | High-Yield Online Savings Account | vs | Sprout Savings | Bright Savings | Growth Savings |
| Latest APY | 3.00 % | 3.65 % | 3.65 % | 4.00 % | |
| Trend | Falling | Falling | Falling | Falling | |
| Slope (bps/mo) | -9.6 | -9.7 | -9.7 | -9.1 | |
| Rate Changes / Mo | 0.27 | 0.27 | 0.27 | 0.27 | |
| Days Since Last Change | 41 | 43 | 43 | 35 | |
| High (-4 m) | 3.25 % | 3.90 % | 3.90 % | 4.25 % | |
| Low (-4 m) | 3.00 % | 3.65 % | 3.65 % | 4.00 % | |
| Draw-down from High | -7.7 % | -6.4 % | -6.4 % | -5.9 % | |
| Volatility (CV) | 0.039 | 0.033 | 0.033 | 0.029 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 4 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-4 m)
- Highest APY in the last 111 days.
- Low (-4 m)
- Lowest APY in the last 111 days.
- Draw-down from High
- How far today sits below the 4-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.