Forbright Bank is an FDIC insured institution headquartered at
7963 Tuckerman Ln, Potomac, MD 20854.
It was founded in
2003 and has approximately $7 billion in
assets. Customers can open an account at one of its 11 branches.
| CD RATES | APY | MIN | |
|---|---|---|---|
|
12 Mo CD
|
4.00% | $1,000 | Compare |
|
Intro APR: 7.240 %
After Intro:7.240 % |
$0 |
Rate NMLS ID: 2611 / Updated 2024-12-17 |
Intro APR: 7.900 %
After Intro:7.900 % |
$25,000 |
District Lending NMLS ID: 598623 / Updated 2024-12-22 |
No Lender Fees | $0 |
Upstart NMLS ID: 2443873 / Updated 2024-12-22 |
As low as 8.25% APR on your initial draw* | $0 |
| HELOC approval in 5 minutes, funding in 5 days. Borrow up to $400k online. | $0 |
New American Funding, LLC NMLS ID: 6606 / Updated 2024-12-22 |
Cash-Out and Home Equity Options Available. | $0 |
| Tap Into the Equity of Your Home to Get The Cash You Need | $0 |
AmeriSave Mortgage Corporation NMLS ID: 1168 / Updated 2024-12-22 |
Home Equity Loans & Refinance – Cash out | $0 |
CrossCountry Mortgage, LLC NMLS ID: 3029 / Updated 2024-12-22 |
"Unlock Your Home's Potential" | $0 |
Beeline Loans, Inc. NMLS ID: 1799947 |
6.750% |
$2,049
Fees & Points
$4,135 Total
0.980 Pts ($3,136) $999 Fees |
Mutual of Omaha Mortgage, Inc. NMLS ID: 1025894 |
6.969% |
$2,103
Fees & Points
$3,084 Total
0.745 Pts ($2,384) $700 Fees |
| 6.986% |
$2,103
Fees & Points
$3,795 Total
0.754 Pts ($2,413) $1,382 Fees |
Rocket Mortgage NMLS ID: 3030 |
7.225% |
$2,156
Fees & Points
$3,200 Total
1.000 Pts ($3,200) $0 Fees |
Beeline Loans, Inc. NMLS ID: 1799947 |
Fees & Points
Total
Pts ($0) $0 Fees |
Veterans United Home Loans NMLS ID: 1907 |
Fees & Points
Total
Pts ($0) $0 Fees |
Neighbors Bank NMLS ID: 491986 |
Fees & Points
Total
Pts ($0) $0 Fees |
CrossCountry Mortgage NMLS ID: 3029 |
Fees & Points
Total
Pts ($0) $0 Fees |
| FDIC Insured | Yes |
| FDIC Certificate | # 57614 |
| Date Established | 2003 |
| Assets | $ 7.00 billion |
| Loans | $ 3.85 billion |
| Deposits | $ 5.59 billion |
| Capital | $ 780.44 million |
| ASSETS | |
| Cash & Balances due from depository institutions | $ 1,433.70 million |
| Interest-bearing balances | $ 1,405.77 million |
| Total securities | $ 1,485.21 million |
| Federal funds sold and reverse repurchase | N.A. |
| Net loans and leases | $ 3.85 billion |
| Loan loss allowance | $ 50.62 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | N.A. |
| Goodwill and other intangibles | $ 33.73 million |
| All other assets | $ 88.27 million |
| Total Assets | $ 6.22 billion |
| LIABILITIES | |
| Total deposits | $ 5.59 billion |
| Interest-bearing deposits | $ 5.24 billion |
| Deposits held in domestic offices | $ 5.59 billion |
| % insured (estimated) | 86.34% |
| Federal funds purchased and repurchase agreements | N.A. |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 82.16 million |
| Subordinated debt | N.A. |
| All other liabilities | $ 58.52 millionn |
| Total Liabilities | $ 6.22 billion |
| Shareholders’ Equity | $ 780.44 million |
| INCOME AND EXPENSES | |
| Total Interest Income | $ 252.28 million |
| Total Interest Expense | $ 130.99 million |
| Net interest income | $ 121.29 million |
| Provision for loan and lease losses | N.A. |
| Total non interest income | $ 5.80 million |
| Total non interest expense | $ 95.87 million |
| Pre-tax Net Operating Income | $ 49.05 million |
*Should any logos, images or public notes appear on this page,they do so courtesy of Forbright Bank and are not subject to approval of RatesAndInfo.com. RatesAndInfo.com expressly disclaims all responsibility for this content.
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