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.
Savings Banks
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...
About Scottish Widows Bank
Scottish Widows is a life insurance and pensions company operating as a subsidiary of Lloyds Banking Group. Based in Edinburgh, Scotland, the company was...
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...
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...
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...
About Alliance Trust Savings
Alliance Trust Savings is a British investment trust founded in 1986. It has more than 110,000 customers who can choose from more than 4,000 investment...
About Wesleyan Bank
Founded in 1841, Wesleyan Assurance Society is based in Birmingham. A financial services mutual company, it was established by members of the Wesleyan Methodist...
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...
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,...