Brio Direct is an online bank that is a sub-brand of Webster Bank. All accounts opened with Brio are provided by Webster, which is an FDIC-insured bank. Brio offers three primary products—savings and money market accounts and certificates of deposit. Its accounts feature competitive APYs as high as 3.75% on savings and as much as 4% on CDs. Though the money market APY is less generous at just 0.70% and the bank does not currently offer a checking account.
Though Brio Direct’s mailing address is in Jericho, New York there are no physical bank branch locations. However, Brio representatives are available Monday through Friday from 8 a.m. EST until 8 p.m. EST and from 8:30 a.m. until 3 p.m. EST on Saturday.
