Forbright Bank
- Bank Name:Forbright Bank
- Bank Class:State Chartered - FED Nonmember Bank
- Member FDIC:Certificate #57614
- Routing Number:ACH & Wire - 055003418
- Locations:3 Branches in 2 states
- Web Address:forbrightbank.com
Forbright Bank Information
Forbright Bank was founded in October 2003 and is based in Potomac, Maryland. The bank operates as a subsidiary of Forbright Inc.. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, Forbright Bank is classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. Forbright Bank is a FDIC-insured bank with certificate number of 57614. The assigned Fed RSSD ID of Forbright Bank is 3187630.
Forbright Bank currently operates with 3 branches located in 2 states. The bank has most branches in Maryland and Virginia. Forbright Bank is the 48th largest bank in Maryland with 2 branches; 102nd in Virginia with 1 branches.
A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for Forbright Bank is 055003418. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.
The full address of bank headquarters is 7963 Tuckerman Lane, Potomac, MD 20854. You can visit the official website of the bank at https://www.forbrightbank.com for more information and online banking service if available. For a comprehensive list of Forbright Bank branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.
Map Of Branch Locations
History Of Forbright Bank
Forbright Bank, originally established as Congressional Bank on October 17, 2003, underwent significant changes in its institutional framework over the following years. On July 31, 2014, the bank withdrew from membership in the Federal Reserve System and changed its primary federal regulatory agency to the Federal Deposit Insurance Corporation (FDIC), simultaneously reclassifying itself as a state-chartered bank. In January 2016, Forbright Bank expanded its operations by acquiring American Bank located in Rockville, Maryland. The institution adopted its current name, Forbright Bank, on January 18, 2022, marking a significant rebranding in its history.
Below is a list of some important events in bank's history, including mergers and acquisitions.
01-18-2022Changed Institution Name to Forbright Bank.
01-01-2016Acquired American Bank in Rockville, MD.
07-31-2014Changed Primary Federal Regulatory Agency to FDIC.
07-31-2014Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
07-31-2014Institution withdraws from membership in the Federal Reserve System.
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