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Forbright Bank

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2024

    Regulatory scrutiny over funding and compliance

    Forbright drew regulatory and press scrutiny over aspects of its funding model, including reliance on non-core funding sources and brokered deposits. Reports also discussed concerns related to its Community Reinvestment Act examination and compliance. Later reporting indicated that the supervisory matter was resolved and the FDIC consent order was lifted in 2025.