Forbright Bank Wins U.S. News & World Report’s Best Savings Account

FDIC-insurance and cutting-edge technology helps power Growth Savings to win

CHEVY CHASE, Md.--(BUSINESS WIRE)--Forbright Bank announced today that U.S. News & World Report has named its flagship Growth Savings as the Best Savings Account of 2026. The distinction highlights Forbright Bank’s exceptional value for consumers with highly-rated technology, competitive rates, and no hidden charges.

“We’re proud to offer a savings account built around the fundamentals that people care about – strong returns, transparent terms, and a safe and easy-to-use digital experience,” said Matt Quale, President of Digital Banking at Forbright Bank. “This award is a testament to the team that works hard to deliver one of the best high-yield savings accounts in America, and a pledge to reach even more customers.”

U.S. News & World Report’s rankings were determined using a comprehensive, data-driven methodology that evaluates banks across key consumer-focused criteria, including annual percentage yield (APY), monthly fees, minimum balance requirements, transaction limitations, and customer complaints. Accounts are scored and weighted to reflect the factors U.S. News’ editorial team believes matter most to consumers.

The U.S. News Best Savings Accounts rankings are part of the publication’s broader personal finance coverage, which helps consumers compare financial products and make informed decisions based on consistent, independent analysis.

Forbright Bank Growth Savings account was launched in June 2024 and has won accolades from independent reviewers as a best-in-class option for people seeking a digital banking experience and strong returns. In 2025, Bankrate, Money, and The Motley Fool recognized Forbright and Growth Savings across key product and operational categories, including best high-yield savings accounts.

About Forbright Bank

Forbright Bank (www.forbrightbank.com) is an FDIC-insured bank and commercial lender focused on helping to build a brighter future. Forbright is committed to exceptional client service by providing seamless, innovative personal banking services to depositors and creative financing solutions to middle market businesses and investors in healthcare, technology, financial services, real estate, and other industries.