Last Updated on May 27, 2024 by admin
Having a reliable and trustworthy bank is essential for managing our finances effectively. With numerous options available, it can be overwhelming to choose the right bank that suits our needs. This blog post aims to provide a comprehensive list of banks in the United States, offering insights into their services, benefits, and unique features. Whether you’re a newcomer to the country or simply looking to switch banks, this guide will help you make an informed decision.
The United States banks, credit unions and other financial institutions has over 5,281 local and national banks with 83000 branches in 10189 cities offering banking services
The banks are segregate into national, international, regional which help maintaining economic stability by means of controlling money market.
In our today topic,we are going to list United states banks in various categories which comprises of national banks, International Banks, Community Banks,financial institutions, investment Banks,Commercial bank,Online bank and Regional bank.
According to United States’ central banking system, Federal Reserve which was introduced in December 1913 when the Federal Reserve Act went into effect help to decentralized system that establishes some middle ground between private banks and the public.
Top 10 financial institutions In United States
The top 10 financial institutions in the United States by assets as of Q1 2024 are:
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JPMorgan Chase:The largest bank in the US with total assets of $3.38 trillion. It offers a wide range of financial services, including consumer banking, investment banking, asset management, and commercial banking.
- Bank of America:The second-largest bank in the US with total assets of $2.4 trillion. It serves about 68 million consumers and small business clients worldwide. Its services include banking, investments, asset management, and other financial and risk management products and services.
- Wells Fargo:A multinational financial services company with total assets of over $1.7 trillion. It provides banking, mortgage, investing, credit card, and personal, small business, and commercial financial services.
- Citigroup: A leading global bank that offers a broad range of financial services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
- U.S. Bancorp:A bank holding company with total assets of $657 billion. It offers a wide range of financial services, including banking, investments, mortgage, trust, and payment services products to consumers, businesses, governmental entities, and other financial institutions.
- PNC Financial Services: A bank holding company and financial services corporation with total assets of $562 billion. It provides retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.
- Truist Financial:A bank holding company formed by the merger of BB&T and SunTrust Banks. It has total assets of $535 billion and offers a full range of banking and trust services.
- Goldman Sachs: A leading global investment banking, securities, and investment management firm. It provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments, and individuals.
- TD Bank:A subsidiary of the Canadian multinational Toronto-Dominion Bank. It has total assets of $523 billion and offers a full range of retail, small business and commercial banking products and services.
- Capital One:A bank holding company specializing in credit cards, auto loans, banking, and savings accounts. It has total assets of $478 billion and serves a broad spectrum of consumers and small businesses.
Online banks
This type of banks does not have brick and mortar branches, so you only deal with your financial institution via online you can;t visit any branch for transaction.
Ally Bank
CIT Bank
Fidelity
Charles Schwab Bank
Synchrony Bank
Discover Bank
Sallie Mae Bank
TIAA Direct
First Internet Bank
Simple Bank
Bank of internet
Alliant Credit Union
FNBO Direct
Bank5connect
Barclays
Ever BAnk
GE Capital Bank
Radius Bank
Chime Bank
USAA
ALSO READ: List of Best Banks in California
Regional banks
Sun Trust Bank
Comerica
PNC
Arvest Bank
Associated Bank
Zions Bank
Banner Bank
Old National Bank
Union Bank
National Penn Bank
MB Financial Bank
Prosperity Bank
TCF Bank
UMB Bank
People’s United Bank
Eastern Bank
Key Corp
Northwest Bank
One West Bank
First Republic
Investment Banks
Goldman Sachs
Morgan Stanely
Bank of America (ML)
Citi Group
Wells Fargo Securities
Barclays Investment Bank
HSBC
BNP Paribas
UBS
Deutsche BanK
Commercial banks
JP Morgan Chase Bank
Bank of America
Wells Fargo
Citigroup
Goldman Sachs
Morgan Stanely
U.S. Bankcorp
PNC Financial Services
TD Bank
Capital One Bank
HSBC
Bank of the West
State Street Corporation
Sun Trust Bank
American Express
Ally Financial
Barclays
USAA
Citizen Financial Group
Fifth Third Bank.
Community Banks
Bank of Southside Virginia
Clear Mountain Bank
Community Bank Oregon
Home Town Bank
Patriot Bank
United Community Bank
Blue Harbor Bank
Austin Capital Bank
Beneficial State Bank
Community Bank N.A
Cross River Bank
Fairfield County Bank
FNB Bank
First Community Bank of Central Alabama
First Northern Bank
International Banks
JP Morgan Chase Bank-With $2.4 trillion in consolidated assets
Bank of New York
Bank of Montreal
Bank of America-With $1.8 trillion in consolidated assets,
Wells Fargo
Citi Bank
Goldman Sachs
Morgan Stanely
BNP Paribas
BBVA
National banks
Chase Bank
Bank of America
Wells Fargo
U.S. Bank
BBVA Compass
Capital One Bank
Bank of the west
Santander Consumer Bank
Citi Bank
Huntington Bank
M&T Bank
Woodforest National Bank
Citizens Bank
Fifth Third Bank
Key Bank
TD Bank
Sun Trust Bank
Regions Bank
PNC Bank
BB&T Bank
First National Bank
BMO Harris Bank
First Citizens Bank
Comerica Bank
People’s United Bank
Umpqua Bank
Bank of the Ozarks
HSBC
MUFG Union Bank
Arvest Bank
Chemical Bank
TCF Bank
Synovus Bank
Bancorp South Bank
Washington Federal
Assiciated Bank
Iberiabank
Valley National Bank
Whitney Bank
Trust Mark National Bank
Great Western Bank
Columbia State Bank
Centennial Bank
Old National Bank
South State Bank
First Tennessee Bank
NBT Bank
Renasant Bank
Banner Bank
Webster Bank
Simmons Bank
United Bank
Frost Bank
WesBanco Bank
Commerce Bank
Investors Bank
TrustCo Bank
First Commonwealth Bank
Sterling National Bank
Carter Bank And Trust
First Midwest Bank
First Bank
Park National Bank
Pinnacle Bank
Glacier Bank
Fulton Bank
Rabobank
Zions Bank
First Merchants Bank
East West Bank
First Interstate Bank
Union Bank and Trust
Great Southern Bank
Flagster Bank
Largest Banks in the US
Bank of America
JP Morgan Chase Bank
Wachovia Bank
Citibank
Washington Mutual Bank
SunTrust Bank
US Bank
Regions Bank
Branch Banking and Trust Company
National City Bank
HSBC Bank USA
World Savings Banks, FSB
Countrywide Bank
PNC Bank
Keybank
ING Bank, FSB
Merrill Lynch Bank USA
Sovereign Bank
Comerica Bank
Union Bank of California
BB&T Bank
Source: U.S. Federal Reserve