With all of the turmoil in the banking sector in the past year, many have considered switching banks because they’re either worried that their bank will fail, or they’re upset with their bank because it took taxpayer money and yet still awards its managers with large bonuses.
However, it’s often the banks that are least healthy (many of which have been the recipients of government loans) that are willing to offer the highest interest rates to savers because they’re the ones most needing their depositors to stay with them.
For those who are looking to switch their business from unhealthy or greedy banks, yet don’t want to pass up making money, we’ve compiled a short list below of banks that never took any government loans (according to Propublica), but yet are still currently offering among the highest rates on savings accounts as of January 6, 2010.
You can also see our list of all Savings Accounts with their most current rates offered by banks regardless of whether they accepted funds from the Troubled Asset Relief Program (TARP).
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