Forbright Bank vs. TIMBR
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Forbright BankGrowth Savings Jan 7, 2026 | TIMBRPremium Savings Account Jan 7, 2026 |
|---|---|---|
| APY | 4.00% | 4.40% |
Est. Earnings | $5,000+$200 $10,000+$400 $25,000+$1,000 | $5,000+$220 $10,000+$440 $25,000+$1,100 |
Min Deposit | $0 | $1,000 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® Supported | FDIC InsuredLow Minimums |
Prefer In-Person Banking?
Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.
Comparison Analysis
Comparing Forbright Bank vs. TIMBR
As of Forbright Bank offers an APY of 4.00% for its Growth Savings account, with a minimum balance of $0, compared to TIMBR's 4.40% APY for its Premium Savings Account, with a minimum balance of $0.
TIMBR pays $40 more than Forbright Bank on a $10,000 balance after one year. Forbright Bank pays $400, while TIMBR pays $440 - an APY advantage for TIMBR.
In addition, Forbright Bank also offers 3.65% APY for the Bright Savings account, with a minimum balance of $250,000.
Why Forbright Bank?
- ✓Physical branch access (Locations in the Washington D.C. area (Maryland and Virginia))
- ✓Higher rated iOS app (4.8 vs 0.0)
- ✓Higher rated Android app (4.5 vs 0.0)
- ✓Offers 3 different high-yield savings options
- ✓Fast transfers via Zelle®
Why TIMBR?
- ✓Higher potential APY (4.40% vs 3.65%-4.00%) on all balances
— Key Feature Differences —
Better Returns at $10,000
TIMBRTIMBR's Premium Savings Account earns more on smaller deposits (approx. $440 vs $400/yr).
Better Returns at $25,000
TIMBRTIMBR's Premium Savings Account pulls ahead with larger amounts (approx. $1100 vs $1000/yr).
Best for Simplicity
TIMBRTIMBR's Premium Savings Account offers 4.40% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
Forbright BankForbright Bank offers an iOS app rated 4.8 (vs. 0.0) and Android app rated 4.5 (vs. 0.0)
Shared Benefits
Over a 1-year period, TIMBR's Premium Savings Account pays $40 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
Forbright Bank offers a Growth Savings account with a competitive APY of 4.00%, while TIMBR's Premium Savings Account leads with a higher APY of 4.40%. Both accounts are online-only and have no maintenance fees, but TIMBR requires a minimum deposit of $1,000 to open. Forbright also provides alternative savings options, such as the Bright Savings and Sprout Savings accounts, which yield lower APYs of 3.65% and 3.65%, respectively. Notably, TIMBR's account is highlighted for its simplicity, with no direct deposit requirement or tiered rates, making it an attractive choice for savers.
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
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Forbright Bank vs. TIMBR Savings Calculator
You earn $40 more with TIMBR than Forbright Bank on a $10,000 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.
Forbright Bank
Growth Savings
Savings Breakdown
- Interest Earned+$400.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,400.00
TIMBR
Premium Savings Account
Savings Breakdown
- Interest Earned+$440.00(4.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,440.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Forbright Bank | TIMBR |
|---|---|---|
| APY | 4.00% Verified: 1/7/2026 Stable (90d) | 4.40% Verified: 1/7/2026 Stable (90d) |
| Product Name | Growth Savings | Premium Savings Account |
| Minimum Deposit | $0 | $1,000 |
| Min. Balance for APY | $0 | $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 | iOS4.8 Android4.5 | iOS- Android- |
| Zelle® Support | Available Branch accounts only; Growth Savings online does NOT support. | Not Supported |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at Forbright Bank Non-sponsored link to official site | Visit SiteVerify at TIMBR Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Forbright Bank | TIMBR | ||
|---|---|---|---|---|
| Sprout Savings | Bright Savings | Growth Savings | Premium Savings Account | |
Current APY | 3.65% | 3.65% | 4.00% | 4.40% |
Trend | Stable | Stable | Stable | Stable |
Velocity (bps/mo) | -3.3 | -3.3 | -3.0 | -1.1 |
Days Since Change | 98 | 98 | 90 | 268 |
11-Month High | 3.90% | 3.90% | 4.25% | 4.55% |
11-Month Low | 3.65% | 3.65% | 4.00% | 4.40% |
Adjustments / Mo | 0.09 | 0.09 | 0.09 | 0.09 |
Volatility Score | 0.032 | 0.032 | 0.029 | 0.012 |
How to read these metrics(Click to expand)
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