Savings Banks

Savings banks are geared around the primary purpose of accepting savings deposits from their customers, and on paying their customers interest on those savings. Originally designed to help low-income people save money, these banks may have a narrow focus but offer a range of savings products. Some online-only savings banks offer higher rates of interest. Find out more below.

Talking of ‘digital and financial innovation’, Dozens provides a current account alongside investment opportunities. It claims to help you ‘maximise your money’s potential’, but is...
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About Charity Bank Charity Bank, founded in 2002, is an ethical bank that lends to charities, social enterprises and other non-profit organisations that intend to use the loan for...
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About Diamond Bank Diamond Bank is a Nigerian international bank headquartered in Lagos. The bank also has branches in Benin Republic, Togo, Cote d’Ivoire and Senegal, plus a subsidiary...
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About Gatehouse Bank Gatehouse Bank, formerly known as Milestone Savings, is a UK challenger bank based in London. Founded in 2008, the bank is Sharia compliant. The Milestone Capital...
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About Hodge Bank Established in 1987, Hodge Bank is named after Sir Julian Hodge. It is the only UK bank to be headquartered in Wales, with its head office based in Cardiff. The bank...
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About Kingdom Bank Kingdom Bank is a Christian bank, established in the United Kingdom in the 1950s. The bank was founded by a pastor, George Oldershaw, to finance the growth and development...
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About KB Kookmin Bank KB Kookmin Bank is the largest bank in South Korea and is headquartered in Seoul. It was established in December 2000 after the merger of the former Kookmin...
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About Masthaven Bank Masthaven Bank was founded in 2004. At that time, the company only offered secured lending and bridging loans. After receiving a banking licence in 2016, Masthaven...
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About Methodist Chapel Aid Methodist Chapel Aid is a Christian financial services company that provides lending to Christian churches and organisations. Founded in 1890, it is headquartered...
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About Oaknorth Bank Oaknorth is a UK bank founded in 2015 by Joel Perlman and Rishi Khosia, founders of Copal Amba. They were inspired to start the company after coming up against...
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About OneSavings Bank OneSavings Bank is a lending and retail savings bank based in Chatham, United Kingdom. The company began trading as a bank in 2011. The One Savings Bank Group...
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About Paragon Bank Paragon Banking Group is a UK-based specialist finance provider, headquartered in Solihull and founded in 1985. Originally named National Home Loans Corporation,...
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