Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
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I see 5.2% today. Anyone know of any better CD as of today?
Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
30 Replies
9,234 Views
brokered CDs only pay the interest at the end of the term and are not compounded daily and paid monthly. Does that higher rate is not equal to the same return as a bank cd rate at 5.45%
Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
30 Replies
9,234 Views
Showing 5.20% today.
I can't find anything negative about this bank.
Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
30 Replies
9,234 Views
It shows only 4%
Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
30 Replies
9,234 Views
Now that would be nice, wouldn't it. Reality is much more boring - they're exempt from State income tax.
Munis are Fed tax exempt but that's clearly reflected in their rates, not to mention the...
Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
30 Replies
9,234 Views
you have to be o fidelity customer to see it . login and then go to fixed rate offerings. the primary CDs just mean you are buying from bank instead of marketplace (secondary)
Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
30 Replies
9,234 Views
yes, all are (fidelity shows clearly), rates are coming down a bit... treasuries and CDs both
Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
30 Replies
9,234 Views
Is it FDIC insured?
Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
30 Replies
9,234 Views
All brokered CDs purchased through your brokerage firm Fidelity, eTrade, etc. will have FDIC coverage. When you log into your online brokerage and go to buy a CD you will see that they all carry...
Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
30 Replies
9,234 Views
Given that it looks like the Fed is going to raise interest rates by at least 3/4 of a percent at least twice again this year, I have to consider 5% or even 6% long-term (= anything over 6 months) as...
Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
30 Replies
9,234 Views
inflation is at least 15% in the past year. no bank is paying more than that.
Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
30 Replies
9,234 Views
Not when its FDIC insured. Unless you're dropping $250k+ in there.
Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
30 Replies
9,234 Views
There’s a huge difference between a bank offering things like ESG options to customers that are seeking such & a bank whose entire focus is in that arena.
Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
30 Replies
9,234 Views
You might want to check out Lincoln Financial’s current state of its shaky finances & downgrades
Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
30 Replies
9,234 Views
is that fdic insured though? I thought brokered cd's were not insured. Which may be fine but that may be the reason for the premium.
Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
30 Replies
9,234 Views
this is the most ridiculous thing. You do remember 2008 right? WaMu, Lehman, etc? What about Signature Bank and now CS?
All banks nowadays have ESG components and diversity officers and all that...
Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
30 Replies
9,234 Views
Exactly what I was goi g to say. Steer clear of any bank or investment fund with a political agenda— especially any bank or investment company that uses —or even mentions —ESG or ESG ratings.
Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
30 Replies
9,234 Views
Exactly! That's why I only invest in the mafia. I know i'll get a return and they'll break knees to do it.
Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
30 Replies
9,234 Views
Isn't the 5.45 for 6 months at schwab marked as Primary CD?
I read the investor doesn't get the interest for primary CDs, instead it goes to the bank/brokerage.
Forbright Bank is offering 5.25% APY on a 12-month CD. 3-month penalty for early withdrawal.
Thread created 03-16-2023 by Moooshe
+3 Score
30 Replies
9,234 Views
5% is less than inflation
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