Interest rates on savings accounts have been at historic lows as the U.S. recovers from the financial crisis and loan rates slowly creep upward. Many banks offer either no interest at all, or in the tenths or hundredths percent. But there is competition to offer the highest return on savings, and shopping around can pay.
CNN Money reports on the institutions offering the highest interest rates on savings, including one offering a full one percent yield, provided a minimum balance is maintained.
Which banks, credit unions and other financial institutions in your area offer the best rates? This can be a quick, daily-turn story to let your readers/listeners/viewers know where they can get the best bang for their buck.
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