Alabama resident will find this content helpful whenever they are looking for list of all the banks for financial operation. We shall discussed the best national and regional banks, banks with the best savings and checking accounts with minimum balance requirements, banks APYs (Annual Percentage Yields).
1. Regions Bank
This among the Best National Bank in Alabama With Branches all over the state as well as nearly 1,500 locations nationwide.It has the best Customer care Service.It has a Low APY.
customers can have access to secured credit cards, frequent rewards, home and auto loans, and professional financial advisors.
Regions bank offer online or mobile banking which can make deposits, send money, use Personal Pay, access your rewards, locate ATMs & branches, check your account balance & transaction history, pay bills, transfer funds, and search for your recent transactions easy.
2. Ally Bank
Ally is strictly an online/mobile bank, its mobile services are highly-rated—-The Account Type: Online Saving Account with APY: 1.60% it also has Minimum Deposit: $0. Ally interest Checking Account is a great choice if you are looking for a checking account to pair with your Online Savings Account.
Accounts with a minimum daily balance of less than $15,000 receive a 0.10% APY, while anyone above that threshold secures a 0.25% APY.
3. CIT Bank
Account Type: Savings Building Account with APY: 1.75% it has a Minimum deposit: $100
No monthly fees required, One of the best APYs on the market customers get up to $300 when you open an account.
Through this online bank and its Mobile App, you can view your account statements, recent transaction histories, deposit checks remotely, and move money between your CIT accounts. The Savings Builder account comes with a 0.40% APY.
This is the best Regional Bank, it has low minimum deposit required to open a checking account and it doesn’t charge a monthly service fee for the checking account.
BBVA has branches in Arizona, California, Colorado, Florida, New Mexico, and Texas.
Account Type: ClearChoice Savings Account
Minimum Deposits: $25
5. Peoples Bank of Alabama
Peoples Bank of Alabama offers a free checking option to its customers, as well as various checking and savings account plans that can cater to your needs, it has no fees, nor minimum balances, to open account. All you need is $25 ready to deposit and the ability to pay a $3 monthly fee.
The only requirement is a $50 down payment to open the account. What’s more, with the eCheckingPlus checking account, customers are eligible to receive extra interest once the balance reaches $25,000.
6. . PNC Bank
This known as the Best bank for Students because of Virtual Student Wallet® account. This account is comprised of three different accounts working as one online money management tool. Though this account is most popular among undergraduates, a pre-professional student can also use it. It’s also among the best national banks in Alabama
Account type: Standard Savings
Minimum deposit: $25
7. Wells Fargo
Wells Fargo is Best for Small Businesses, it offers three types of business checking accounts and different types of loans and services to small businesses.
8. BB&T Bank – Best for Students
This bank is ideal for students under the age of 24. Its Student Checking account offers the best set of terms and features for students at colleges including the University of Alabama and Auburn.
This Student Checking account does not have a minimum opening deposit, monthly maintenance fee/minimum balance requirement thus making it an affordable bank for student’s budgets
9. First Community Bank of Central Alabama
First Community Bank of Central Alabama has free checking, different loan offerings, and about 26 branches in Alabama. Customers can apply for a credit card with tiered cash rewards and no annual fee. You can even apply online with your social security number, ID, and address.
Other on the list are:
10. Liberty Bank
11. First Citizens Bank
12. AloStar Bank of Commerce
13. Ameris Bank
14. Auburn Bank
15. Armed Forces Bank
16. Bank Independent
17. Bank of Brewton
18.Bank of Dadeville
19. Bank of Evergreen
20. Bank of Pine Hill
21.Bank of Wedowee
22. Bay Bank
24.Brantley Bank and Trust Company
25.Capital City Bank
26. CB&T Bank of East Alabama
27. CCB – Covington County Bank
28.Central State Bank
32.Community Bank and Trust of Southeast Alabama: CB&T Bank of East Alabama
33. Compass Bank: (Central Bank of the South)
34. Farmers & Merchants Bank
35. Federal Land Bank Association of North Alabama
36.Federal Land Bank Association of South Alabama
37. Federal Reserve Bank of Atlanta
38. First Citizens Bank
39.First Commercial Bank of Huntsville
40. First Community Bank
41.First Federal Bank
42. First Federal Savings Bank
43. First Jackson Bank
44. First Metro Bank
45. First National Bank of Brundidge
46. First National Bank of Central Alabama
47.First National Bank of Scottsboro
48. First Commercial Bank
49. First Southern Bank
50. First Southern National Bank
51. First State Bank
52. First Tuskegee Bank
53. First United Security Bank
54.M&F Bank (Merchants & Farmers Bank)
55. Merchants Bank
56.Merchants Bank of Cullman
57.Mid South Bank
58.Peoples Exchange Bank of Monroe County
59.Peoples Southern Bank
62.Premier Bank of the South
65.Robertson Banking Co.
66. Small Town Bank
67.State Bank & Trust
69.The Bank of Tuscaloosa
70. The First National Bank of Brundidge
71. The First National Bank of Dozier
72.The First National Bank of Jasper
73.The First National Bank of Talladega
74.The First National Bank, Scottsboro, Alabama
75.The Headland National Bank
76. Town-Country National Bank
77.Troy Bank & Trust Company
79.Valley State Bank
80.Wachovia – A Wells Fargo Company
81. West Alabama Bank & Trust
82. Whitney National Bank
83.Jp Morga chase