Top Savings Accounts with Sustainable Banks

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A savings bank is one of the safest ways to store money for emergencies and big events. Banks offer interest on funds deposited in savings accounts by investing the money into businesses and other assets. Sometimes, these investments may include fossil fuel companies. This means that our savings could indirectly support fossil fuel projects.

To ensure that your money does not contribute to such projects, consider transferring it to one of these sustainable banks that are financing the green economy:

*Last updated February 2026

GreenFi Savings Account

APY: up to 3.25%

Every $1,000 you move to a GreenFi Savings Account is the estimated equivalent of avoiding 468 driving miles. In addition to keeping your money out of fossil fuels, GreenFi is a member of 1% for the Planet and carries The Climate Label. GreenFi's Savings accounts earn up to 3.25%. 

With two plans — Pay What is Fair and GreenFi Plus — your monthly fee is as low as 1%, and you'll get 3-6% cashback at brands in its Green Marketplace.

Climate First Bank Super Savings Account

APY: Up to 4.01%

Another B Corp-certified bank, Climate First Bank, offers savings accounts with as low as $50 for an opening deposit. Climate First Bank's competitive solar loans for residential and business customers in Florida. It measures and tracks the number of solar loans provided regularly to understand its environmental impact. It regularly monitors and records its emissions and has achieved carbon neutrality.

Spring Bank Savings Account

APY: 3.75%

Spring Bank scores lower for its environmental efforts, but it's a certified B Corp. Spring Bank is FDIC-insured community bank headquartered in the Bronx, New York, offering APY of 3.75% on its savings account to residents of New York, New Jersey, Connecticut, or Illinois. It serves the needs of underserved consumers and small businesses in the New York City area and has created innovative depository and loan products designed to help unbanked and underbanked consumers.

Amalgamated Bank Online Savings Account

APY: 1.05%

Amalgamated Bank, the first-ever union-owned bank, serves nonprofits, social impact enterprises, and sustainable organizations. Additionally, it invests resources into tobacco-free funds and clean energy portfolios. This B Corp-certified bank is powered by 100% renewable energy. Its online savings account offers an APY of up to 1.05%.

Naman Bajaj
October 19, 2023
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