Forbright Bank vs. Vio Bank

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: November 12, 2025

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Summary of Forbright Bank vs. Vio Bank

Key Metrics at a Glance

FeatureForbright BankVio Bank
Top Savings APY

4.00%

Growth Savings

4.21%

Online Savings Account

Minimum to Open$0$100
Minimum Balance for Top APY$0$0

Forbright Bank

Strengths

  • Forbright Bank offers a Growth Savings account with a competitive APY of 4.00%.
  • Forbright Bank has a higher App Store rating of 4.8 compared to Vio Bank's 4.6.
  • 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 has a lower Google Play rating of 4.6 compared to Vio Bank's 3.3.
  • Forbright Bank offers no accounts with a higher APY than 4.00%.

Vio Bank

Strengths

  • Vio Bank's Online Savings Account offers a higher APY of 4.21%.
  • Vio Bank has no minimum balance requirement for its Online Savings Account.
  • Vio Bank has no maintenance fees if electronic statements are selected.

Potential Drawbacks

  • Vio Bank has no physical branches, operating entirely online.
  • Vio Bank has a lower Google Play rating of 3.3 compared to Forbright Bank's 4.6.
  • Vio Bank's APY is not higher than Forbright Bank's current APY.
Summary: Forbright Bank features a Growth Savings account with a 4.00% APY and physical branches, while Vio Bank offers a slightly higher APY of 4.21% but lacks physical locations. Both banks have an A+ BBB rating, but Forbright has a better App Store rating. However, Vio Bank's Online Savings Account has no minimum balance requirement, making it more accessible for some customers.

→ 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 Vio Bank's 4.21% APY for its Online Savings Account, with a minimum balance of $0.

Vio Bank yields $21 more than Forbright Bank on a $10,000 balance after one year. Forbright Bank pays $400, while Vio Bank pays $421 - an APY advantage for Vio Bank.

→ In addition, Forbright Bank also offers 3.65% APY for the Bright Savings account.

Calculate Savings Growth for Forbright Bank vs Vio Bank

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

Vio Bank - Online Savings Account

Top APY: 4.21%

Total savings breakdown:

  • Interest earned: $2,570.8 (12.50%)
  • Total contributions: $13,000 (63.20%)
  • Initial deposit: $5,000 (24.31%)

Your total balance

$20,570.80

Effective APY: 4.21% (based on your deposit and contributions)

Total balance: $20,570.8

Earnings: $2,570.8

Bank Overview

With a $5,000 initial deposit and $13,000 in total contributions over 5 years, Forbright Bank's total earnings would be $136.1 lower than Vio Bank's total earnings.

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

Compare Forbright Bank's vs Vio Bank's Savings Accounts

Forbright BankVio Bank
ProductGrowth SavingsBright SavingsSprout SavingsvsOnline Savings Account
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)4.21% (as of 11/12/2025)
Bundled Account
NoNoNoNo
FDIC-insured
YesYesYesYes
Online OnlyYesNoNoYes
Compound Frequency
DailyDailyDailyDaily
Minimum Deposit$0$250$1$100
Minimum Balance for APY$0$250,000$0.01$0
Maintenance Fee$0$0$0$0, if electronic statements selected, otherwise $5
Direct Deposit Required
NoNoNoNo
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 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.
App Store Rating4.8/54.6/5
Google Play Rating4.6/53.3/5
BBB RatingA+A+

No historical data available.

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
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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 UFB Direct3.71%$5000
Forbright Bank vs Valley Direct4.10%$1,000
Forbright Bank vs Varo Bank5.00%$0
Forbright Bank vs Wealthfront4.15%$0
Forbright Bank vs Wells Fargo0.05%$25
Forbright Bank vs Zynlo Bank4.20%$10
Compare Vio Bank's APY of 4.21% with other banks