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Business Profile

Bank

Forbright Bank

Headquarters

Reviews

This profile includes reviews for Forbright Bank's headquarters and its corporate-owned locations. To view all corporate locations, see

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Forbright Bank has 8 locations, listed below.

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    Customer Review Ratings

    3.6/5 stars

    Average of 75 Customer Reviews

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    Review Details

    • Review fromIan M

      Date: 08/12/2024

      1 star
      I opened a high interest savings account with ********************** on 8/4/24 and after attempting to deposit a check online and not being able to find out how, I sent a message to the customer service team on 8/8/24. I still have not heard back from them on 8/12/24 so I decided to call the customer service line. After a very long time on hold I still have not connected with a representative after two attempts to call. At this point I do not trust the Bank and the way they run their business. I will refrain from depositing the rest of my funds and close my account. I would highly recommend others select a more reputable company to deploy their funds with as they don't seem to have a desire to assist their customers.

      Forbright Bank

      Date: 08/13/2024

      Hi ***, thank you for sharing your experience. We are so sorry to hear this, as we pride ourselves in providing great customer service and apologize we fell short. As it turns out, we do not have the ability to accept direct check deposits, but are able to accept ACH payments or unlimited transfers from your Checking account, which is available through your online banking portal. Transfers can take 1 to 3 business days to complete and can vary dependent on your financial institution. Additionally, we'd love the opportunity to address your concern and will have a member of our team reach out to you directly based on the contact information provided here. We sincerely appreciate your continued patience and for being a valued member of Forbright Bank.
    • Review fromDonald E

      Date: 08/02/2024

      1 star
      I have called ForBright Bank and sat on hold (it seams like forever). I would think they would have a call back service if they are busy. Sometimes spending some money on customer service will mean the happiness and retention of customers.

      Forbright Bank

      Date: 08/05/2024

      Hi ******, thank you for sharing your feedback. We sincerely apologize for the issues getting in touch with us. We value your feedback and are always looking for ways to optimize the customer experience. Due to a recent uptick in call volume, we are experiencing delays at our call center.We appreciate your time, patience, and understanding as we work through this sudden increase in volume. If you are still in need of additional service, we encourage you to reach out to us at ****************************************** for online CDs and ****** Services and ****************************************** for our Growth Savings Account. We hope to hear from you soon.
    • Review fromDeidre W

      Date: 08/01/2024

      1 star
      Forbright Bank attached a UCC filing to my neighbors property and attached my property to the filing in error. They will not answer my emails and are of no help as far as working with me to get this matter cleared up. It is their error and it is holding up my entire life at this point. I cannot get a loan on my own property because they have attached it to my neighbors property and filed a UCC filing on her property. The property wasnt even her property when they filed it. I have no solar panels, no solar pane system, nothing like any of that and I am not the debtor and I just want my property released so that I can move forward. They are absolutely no help. Will not return a call, will not return a email. I do not recommend anyone doing business with them. I am not even doing business with them only trying to get them to fix their mess up.

      Forbright Bank

      Date: 08/02/2024

      Hi ******, thank you for reaching out. We are sorry to hear you were unable to get in touch with a member of our team and understand your concern. We would love the opportunity to make this right. We will have a member of our team reach out to you using the contact information provided to best resolve this issue for you. We hope to hear from you soon.
    • Review fromMr B

      Date: 07/06/2024

      4 stars
      My CD was easy on-line and didn't have to jump thru hoops to apply which I appreciate at 70 years old and my statements/earned interest show after each month-end, so I can print or not for my paper file. No issues in 7 mos...just compound interest, my best friend!Comparing "bad reviews" to Forbright, check out lending Club" via ***************** fyi.

      Forbright Bank

      Date: 07/08/2024

      Hi, thank you for taking the time to share your recent experience banking! We are delighted to hear you found our CD to be both efficient and effective, we will be sure to share your feedback with our team. We value you as a customer and thank you for choosing to bank with Forbright. Please don't hesitate to let us know if you have any further questions or concerns.
    • Review fromTanya G

      Date: 07/01/2024

      1 star
      ***************** I don't think they have that department. My first call to them has resulted in a half hour hold time. I'm writing this while I'm on hold for a simple technical issue with their website. I can't access my account online. I don't know how long this hold will go on but who has time for holds this long? It's time I can't get back. *******. If you want a bank that answers their phone, you may consider other banks.

      Forbright Bank

      Date: 07/02/2024

      Hi *****, thank you for reaching out. Our sincerest apologies for your experience and know we understand your concern. As calls are answered in the order which received and due to a recent uptick in call volume, we are experiencing delays. Our goal is to always provide our customers with a timely responses and great service.We appreciate your time, patience, and understanding as we work through this sudden increase in volume. If you are still in need of additional service, we encourage you to reach out to us at ****************************************** for online CDs and ****** Services and ****************************************** for our Growth Savings Account. We hope to hear from you soon and thank you for choosing to bank with Forbright.
    • Review fromCatherine S

      Date: 06/04/2024

      3 stars
      I was going to invest a ***************** of money to Forbright Bank after seeing there APY% but after reading the review I think I will look elsewhere. Not sure about this one.... Be careful out there!!

      Forbright Bank

      Date: 06/06/2024

      Hi ********* , We value your feedback and are sorry to hear you recently come across a negative review. We would love the opportunity to address any of your questions or concerns and invite you to contact us directly at **************, Monday through Friday, any time between 8 AM to 8 PM ET with the exception of holidays.We also recently received an updated review from Bankrate you can view here *********************************************************************. Thank you again for your interest in Forbright Bank and we hope to hear from you soon.
    • Review fromGeorge H

      Date: 01/18/2024

      1 star
      Opened a CD on their website. Clicked on the button/link that stated "9 Month CD - 5.60% APY". Went through the entire application process, providing all of my personal information, uploading an image of my driver's license, and authorizing the transfer of the funding amount from my checking account via PLAID. The next day I received an email from Mr. Charles S****, VP Online Branch Manager, stating that their rate just dropped: "9 month cd the rate is now 5.320 and the APY or annual percentage yield is 5.45". I replied to therefore cancel the application and that I would think I'd be locked in to the rate at the time I applied for the CD and what was stated on the button/link I selected on their official website at that time.
      I immediately called my checking account bank and instructed them to block any transactions from Forbright Bank and removed the PLAID link on that account. However, I still felt very uneasy that Forbright Bank now had all of my personal information and the authorization to transfer the funds from my checking account. This entire process was a total waste of my time!
      P.S. Should be ZERO stars for what I went through, but had to select 1.

      Forbright Bank

      Date: 01/23/2024

      Thank you for sharing your experience with us, George. As with many banks, our CD rate is subject to change and confirmed once the application is completed. We apologize for your experience applying on what sounds like the day our rate changed. We will certainly pass along your feedback to the appropriate members of our team and hope to improve the experience going forward. Should have any additional concerns, please reach out to us by emailing ********************************* or by calling ************. We’re more than happy to help!
    • Review fromThaddeus B

      Date: 01/18/2024

      1 star
      Please be careful for those installing Solar Panels! I entered into an agreement with SunPro/ADT and the Sales Rep assured me their would be no Lein against my property. Six month after installation things were good. Now here comes Forbright acquiring the loan and immediately putting a Lein against my property. Shady business practices after the fact. In the process of trying to refinance debt and actually pay for the panels and Forbright is not willing to lift the Lein for 30 days to help me out. I've asked by phone and email and Forbright is unwilling to help me out. Putting the Lein on after acquiring my loan from SunPro Forbright put the locks on me

      Forbright Bank

      Date: 01/23/2024

      Thaddeus, thank you for taking the time to share your feedback, and we apologize for any misunderstanding between you and the sales representative at SunPro/ADT.
      Forbright Bank does not place liens against a home for solar-related products. The Bank’s only collateral would be the installed solar system.
      We hope this clarification helps and sincerely apologize for any inconvenience you experienced in the transfer of your loan. If you have additional questions or concerns, please do not hesitate to reach out to the customer service number at ************
    • Review fromRobert B

      Date: 12/19/2023

      5 stars
      Top rate, great s.ervice. no problems. put in a jumbo amount , and all is good
    • Review fromBarbara M

      Date: 12/13/2023

      1 star
      I transferred money online to open a CD. Received an email stating I should open an account online. It was misleading to me as I thought I'd already done that. Bottom line, Forbright charged my checking for two CD's for the same amount. When I realized what was happening I call Forbright and was referred to my bank. Talked to my bank and they put a stop pay on the 2nd funds being transferred and referred me back to Forbright. Forbright said the funds had come thru and I now had 2 CD's and an overdrawn checking account. I kept getting the standard, in so many words, it's you fault. They can't return the funds but I can cancel after 45 days and pay their penalty. Why is it that my money gets to them with the click of a key and it takes 45 days for them to return the funds, plus I "get" to pay a penalty. I have yet to hear from my bank on how they're going to handle the overdrawn account as I don't have the means to replace that amount. I understand all the disclosures they have you sign, but really?

      Forbright Bank

      Date: 12/22/2023

      Thank you for sharing your experience, we appreciate your feedback. Ensuring our customers have the best service possible is of the utmost importance to us, so we apologize that it was anything less than that. Since this is a public site, and in order to protect your privacy and security, a representative from the Bank will attempt to reach out to you directly to address the issues and concerns you raised in your review.

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