I speak with a lot of people everyday and one thing I hear consistently is "why can't I earn more than 2% on my savings account at my bank." My answer is that you can, as long as your comfortable with the web. The above link is a list of online banks (many of them offshoots of banks that have been around for many years - all FDIC insured) that offer interest rates of about 4% with no minimums and no fees, check them out.
One that I use for my clients on occasion is www.emigrant-direct.com, currently paying 4%.
Scott Dauenhauer, CFP, MSFP