Forbright Bank vs. Ufb Direct

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: November 12, 2025

We earn a commission if you open an account through some links on this page.

Summary of Forbright Bank vs. UFB Direct

Key Metrics at a Glance

FeatureForbright BankUFB Direct
Top Savings APY

4.00%

Growth Savings

3.71%

UFB Checking and Savings Bundle

Minimum to Open$0$5000
Minimum Balance for Top APY$0$10,000
NoteThe regular savings or money market APY may be boosted up to 3.71% by direct deposits, minimum balance of $10,000 and making 10 approved debit card transactions per statement cycle. See bank for full details.

Forbright Bank

Strengths

  • Forbright Bank offers a Growth Savings account with a current APY of 4.00%.
  • Forbright Bank has no minimum balance or deposit requirements for its Growth Savings account.
  • Forbright Bank has a higher App Store rating of 4.8 compared to UFB Direct's 4.8.

Potential Drawbacks

  • Forbright Bank has limited branch locations in the Washington D.C. area.
  • Forbright Bank's Bright Savings account requires a minimum balance of $250,000 for the highest APY.
  • Forbright Bank's Growth Savings account is online-only.

UFB Direct

Strengths

  • UFB Direct's Portfolio Savings account has a competitive APY of 3.51%.
  • UFB Direct offers a savings bundle that can yield up to 3.71% with certain conditions.
  • UFB Direct has no minimum balance for its Portfolio Savings account.

Potential Drawbacks

  • UFB Direct's highest APY requires a minimum balance of $10,000 and direct deposits.
  • UFB Direct's current APY of 3.71% is lower than its previous APY of 3.96%.
  • UFB Direct has no physical branches.
Summary: Forbright Bank offers a higher APY of 4.00% with no minimum requirements for its Growth Savings account, while UFB Direct's highest yield is 3.71% with conditions. Both banks have an A+ BBB rating, but UFB Direct requires a minimum balance and direct deposits for its best rates. Additionally, Forbright Bank has limited branch locations, while UFB Direct operates entirely online.

→ As of November 12, 2025 Forbright Bank offers an APY of 4.00% for its Growth Savings account, with a minimum balance of $0, compared to UFB Direct's 3.71% APY for its UFB Checking and Savings Bundle account, with a minimum balance of $10,000.

Forbright Bank yields $29 more than UFB Direct on a $10,000 balance after one year. Forbright Bank pays $400, while UFB Direct pays $371 - an APY advantage for Forbright Bank.

→ In addition, Forbright Bank also offers 3.65% APY for the Bright Savings account, while UFB Direct offers 3.51% APY for the UFB Portfolio Savings account.

Calculate Savings Growth for Forbright Bank vs UFB Direct

All calculations are based on APY.

Forbright Bank - Growth Savings

Top APY: 4.00%

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

Effective APY: 4.00% (based on your deposit and contributions)

Total balance: $20,434.7

Earnings: $2,434.7

Bank Overview

UFB Direct - UFB Checking and Savings Bundle

Top APY: 3.71%

⚠️The higher APY only applies once your balance reaches $10,000.

Total savings breakdown:

  • Interest earned: $2,218.7 (10.97%)
  • Total contributions: $13,000 (64.30%)
  • Initial deposit: $5,000 (24.73%)

Your total balance

$20,218.70

Effective APY: 3.66% (based on your deposit and contributions)

Total balance: $20,218.7

Earnings: $2,218.7

With a $5,000 initial deposit and $13,000 in total contributions over 5 years, Forbright Bank's total earnings would be $216 higher than UFB Direct's total earnings.

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Compare Forbright Bank's vs UFB Direct's Savings Accounts

Forbright BankUFB Direct
ProductGrowth SavingsBright SavingsSprout SavingsvsUFB Portfolio SavingsUFB Checking and Savings Bundle
APY
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)3.51% (as of 11/12/2025)3.51% - 3.71% (as of 11/12/2025)
Bundled Account
NoNoNoNoNo
FDIC-insured
YesYesYesYesYes
Online OnlyYesNoNoYesYes
Compound Frequency
DailyDailyDailyDailyDaily
Minimum Deposit$0$250$1$0$5000
Minimum Balance for APY$0$250,000$0.01$0$10,000
Maintenance Fee$0$0$0$0$0
Direct Deposit Required
NoNoNoNoYes
EligibilityUnited StatesThis 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)United StatesUnited States
NoteThis 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.The regular savings or money market APY may be boosted up to 3.71% by direct deposits, minimum balance of $10,000 and making 10 approved debit card transactions per statement cycle. See bank for full details.
Sponsored Link
App Store Rating4.8/54.8/5
Google Play Rating4.6/54.4/5
BBB RatingA+A+

Comparative Historical APY Insights (Last 10 Months)

Forbright BankUFB Direct
ProductSprout SavingsBright SavingsGrowth SavingsvsUFB Checking and Savings BundleUFB Portfolio Savings
Latest APY3.65 %3.65 %4.00 %3.71 %3.51 %
TrendSidewaysSidewaysSidewaysSidewaysSideways
Slope (bps/mo)-2.7-2.7-1.8-3.6-3.1
Rate Changes / Mo0.100.100.100.310.31
Days Since Last Change4343351414
High (-10 m)3.90 %3.90 %4.25 %4.21 %4.01 %
Low (-10 m)3.65 %3.65 %4.00 %3.71 %3.51 %
Draw-down from High-6.4 %-6.4 %-5.9 %-11.9 %-12.5 %
Volatility (CV)0.0260.0260.0210.0350.035
APY Insights Glossary
Latest APY
Most recent advertised annual-percentage yield.
Trend
Direction over the last 10 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 (-10 m)
Highest APY in the last 295 days.
Low (-10 m)
Lowest APY in the last 295 days.
Draw-down from High
How far today sits below the 10-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.

More Comparisons

Compare Forbright Bank's APY of 4.00% with other banks
Bank PairCompetitor APYMin Deposit
Forbright Bank vs Ally Bank3.30%$0
Forbright Bank vs American Express3.50%$0
Forbright Bank vs Axos Bank4.51%$0
Forbright Bank vs Bank of America0.01%$100
Forbright Bank vs Barclays4.10%$0
Forbright Bank vs Bask Bank3.90%$0
Forbright Bank vs BMO Alto3.25%$0
Forbright Bank vs BrioDirect4.00%$5,000
Forbright Bank vs Capital One3.40%$0
Forbright Bank vs Chase Bank0.01%$0
Forbright Bank vs Chime3.50%$0
Forbright Bank vs CIT Bank3.85%$100
Forbright Bank vs Citibank3.35%$0
Forbright Bank vs Citizens Access™3.35%$0.01
Forbright Bank vs Discover Bank3.40%$0
Forbright Bank vs Elevault4.08%$0
Forbright Bank vs EverBank4.05%$0
Forbright Bank vs Fitness Bank4.75%$100
Forbright Bank vs FNBO Direct3.00%$1
Forbright Bank vs FVCbank3.85%$500
Forbright Bank vs GO2bank4.50%$0
Forbright Bank vs Ivy Bank4.25%$2,500
Forbright Bank vs LendingClub4.20%$0
Forbright Bank vs Marcus by Goldman Sachs3.65%$0
Forbright Bank vs Neighbors Bank4.50%$0
Forbright Bank vs Newtek Bank4.35%$0
Forbright Bank vs Openbank4.20%$500
Forbright Bank vs Peak Bank4.20%$100
Forbright Bank vs Pibank4.60%$0
Forbright Bank vs Presidential Bank4.25%$5,000
Forbright Bank vs Quontic Bank3.75%$100
Forbright Bank vs Santander Bank0.01%$25
Forbright Bank vs SoFi Bank4.30%$0
Forbright Bank vs Synchrony Bank3.80%$0
Forbright Bank vs TIMBR4.40%$1,000
Forbright Bank vs Valley Direct4.10%$1,000
Forbright Bank vs Varo Bank5.00%$0
Forbright Bank vs Vio Bank4.21%$100
Forbright Bank vs Wealthfront4.15%$0
Forbright Bank vs Wells Fargo0.05%$25
Forbright Bank vs Zynlo Bank4.20%$10
Compare UFB Direct's APY of 3.71% with other banks