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Fortune
Fortune
Ivana Pino

Forbright Bank’s 1-year CD boasts a 5.20% APY

Photo illustration of the Forbright bank logo on an incline image of a pile of $100 bills. (Credit: Photo illustration by Fortune; Original photo by Getty Images; Original logo by Forbright Bank)

Over the past year, savers have been reaping the benefits of the Fed’s interest rate hikes as APYs on savings accounts have skyrocketed, blowing past national averages. And the Fed hasn’t ruled out additional increases this year, meaning that CD rates could get even higher. 

One of the highest 1-year CD rates available right now: Forbright Bank’s 12-month CD. 

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