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Virginia Lender to Acquire Forbright’s DC-Area Branches

Summary by Banking Dive
The transaction, set to close in the fourth quarter, adds $750 million in deposits and three locations to Trustar’s footprint. That frees Forbright to focus on national digital lending.

6 Articles

Banking DiveBanking Dive
Center

Virginia lender to acquire Forbright’s DC-area branches

The transaction, set to close in the fourth quarter, adds $750 million in deposits and three locations to Trustar’s footprint. That frees Forbright to focus on national digital lending.

·Newton, United States
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The Business JournalsThe Business Journals
Center

Forbright Bank selling local branches, deposits to Trustar to focus on digital growth

·Charlotte, United States
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American BankerAmerican Banker

D.C. area bank cuts ties with its branches for a digital future

Forbright Bank in Chevy Chase, Maryland, which has gathered more than $4 billion in online deposits over the past two years, plans to sell its branch network and focus entirely on digital banking.

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stocktitan.netstocktitan.net
+2 Reposted by 2 other sources

Trustar Bank Announces $750 Million Branch Acquisition from Forbright Bank

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stocktitan.net broke the news on Friday, August 21, 2026.
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