A list of banks in the USA refers to a compilation of various banks operating within the United States. Banks are financial institutions that offer a range of services such as accepting deposits, providing loans, facilitating payments, offering credit cards, and other financial services to individuals, businesses, and governments.
The Federal Reserve, the central bank of the country, plays a critical role in maintaining the stability of the financial system and overseeing monetary policies. In the U.S., banks are categorised based on their size, scope of services, and the regions they serve. Let us check out a detailed list of banks in the USA along with their assets and liabilities.
Table of contents
- List of Top National Banks in the USA
- List of Top Charted Commercial Banks in USA
- List of Top Banks in the US by Assets
- List of Top Banks in Latin America
- List of Largest Banks in North America
- List of Regional Banks in the USA
- List of Credit Unions in the USA
- How to Choose the Right Bank in the USA?
- FAQs on List of Banks in USA
List of Top National Banks in the USA
National banks in the USA are large institutions with a broad geographical reach. These banks have branches in most states and offer a wide array of services, including personal banking, business banking, and wealth management. These best banks in the USA are regulated by federal authorities such as the Office of the Comptroller of the Currency (OCC) and the Federal Reserve.
The scale of their operations allows them to offer lower fees and competitive interest rates on loans and deposits. The table highlights a list of top Banks in the USA based on the U.S. News ratings, showcasing banks with strengths like low fees, high yields, digital banking, and more.
| Bank Name | U.S. News Rating | Best Feature |
| Capital One | 4.2 | Accounts with no fees or minimums |
| Flagstar | 4.1 | High annual percentage yields |
| Santander Bank | 3.8 | Digital banking |
| Regions Bank | 3.7 | Low-minimum CDs |
| Truist | 3.7 | New account bonuses |
| HSBC Bank | 3.7 | Banking internationally |
| KeyBank | 3.6 | Financial education |
| Wells Fargo | 3.5 | One-stop banking |
| M&T Bank | 3.5 | ATM reimbursement |
| BMO Bank | 3.3 | CD account options |
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List of Top Charted Commercial Banks in USA
Top chartered commercial banks in the USA refers to banks that have been granted a charter by a federal or state regulatory authority, allowing them to operate as commercial institutions. The list of top Chartered Commercial Banks in the U.S. is useful for understanding which banks are licensed to offer commercial services like loans, business accounts, and international wire transfers.
These banks in the USA offer services such as savings and business accounts. Additionally, international students have the option to apply for an education loan in the USA. As per the Federal Reserve report released on September 30, 2024, the list of top charted commercial banks in the US based on the consolidated assets are:
| Bank Name / Holding Co Name | Nat’l Rank | Bank Location | Consolidated Assets (Mil USD) | Domestic Assets (Mil USD) |
| Jpmorgan Chase Bk Na/Jpmorgan Chase & Co | 1 | Columbus, Oh | 3,584,105 | 2,668,701 |
| Bank Of Amer Na/Bank Of Amer Corp | 2 | Charlotte, Nc | 2,565,878 | 2,417,785 |
| Citibank Na/Citigroup | 3 | Sioux Falls, Sd | 1,733,111 | 1,067,949 |
| Wells Fargo Bk Na/Wells Fargo & Co | 4 | Sioux Falls, Sd | 1,698,675 | 1,676,201 |
| U S Bk Na/U S Bc | 5 | Cincinnati, Oh | 670,008 | 661,354 |
| Goldman Sachs Bk Usa/Goldman Sachs Group The | 6 | New York, NY | 564,359 | 490,944 |
| Pnc Bk Na/Pnc Fncl Svc Group | 7 | Wilmington, De | 559,700 | 555,606 |
| Truist Bk/Truist Fc | 8 | Charlotte, Nc | 515,224 | 515,193 |
| Capital One Na/Capital One Fc | 9 | Mc Lean, Va | 483,857 | 483,365 |
| T D Bk Na/Td Grp Us Holds Llc | 10 | Wilmington, De | 399,881 | 399,881 |
List of Top Banks in the US by Assets
The List of Banks in the USA includes some of the largest financial institutions that drive the country’s economy. Among these, the top banks in the U.S. by assets hold the highest total value, including deposits, loans, and investments. These banks play a crucial role in both the national and global financial systems.
Ranking banks by assets helps determine their influence, as the largest banks typically offer a wide range of financial services to individuals, businesses, and government entities. Below, you’ll find a list of the top banks in the USA by assets, along with their total assets.
| Bank Name | Total Assets (USD) |
| JPMorgan Chase | 3,503,360,000 |
| Bank of America | 2,550,363,000 |
| Wells Fargo Bank | 1,743,283,000 |
| Citibank | 1,698,856,000 |
| U.S. Bank | 669,425,523 |
| PNC Bank | 561,950,304 |
| Goldman Sachs Bank | 549,188,000 |
| Truist Bank | 526,714,000 |
| Capital One | 478,877,080 |
| TD Bank | 369,859,969 |
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List of Top Banks in Latin America
When exploring the list of banks in the USA, it’s also essential to understand the major financial institutions in other regions, such as Latin America. The top banks in Latin America are among the most influential financial institutions, driving economic growth across the region.
According to a 2023 S&P Global report, the largest banks in Latin America are primarily headquartered in Brazil and Mexico. Here’s a list of the top 10 largest banks in Latin America, ranked by assets and market influence:
- Itaú Unibanco (Brazil)
- Banco do Brasil (Brazil)
- Banco Bradesco (Brazil)
- Caixa Econômica Federal (Brazil)
- Santander Brasil (Brazil)
- BBVA México (México)
- Banorte (Mexico)
- Banco de Crédito e Inversiones (Chile)
- Banco Estado (Chile)
- Banco Nacional de México (Mexico)
List of Largest Banks in North America
This list of the largest banks in North America highlights major financial institutions that dominate the banking industry in the region. These banks offer a range of services, including personal and commercial banking, investments, and wealth management, and are key players in both national and international markets.
The list of top 10 largest banks in North America based on total assets are:
- JPMorgan Chase (USA) – USD 3,898.33 billion
- Bank of America (USA) – USD 3,051.38 billion
- Citigroup (USA) – USD 2,416.68 billion
- Wells Fargo (USA) – USD 1,881.02 billion
- Royal Bank of Canada (Canada) – USD 1,544.17 billion
- TD Bank (Canada) – USD 1,524.83 billion
- Goldman Sachs (USA) – USD 1,441.80 billion
- Morgan Stanley (USA) – USD 1,180.23 billion
- Scotiabank (Canada) – USD 1,029.80 billion
- Bank of Montreal (Canada) – USD 859.05 billion
List of Regional Banks in the USA
Regional banks serve specific geographical areas in the United States, offering services to customers within a defined region or state. These banks tend to be smaller than national banks but still provide a comprehensive set of services, including personal and business accounts, loans, and mortgages. Some prominent regional banks include Regions Bank, PNC Bank, and Fifth Third Bank.
Here’s a list of some prominent regional banks in the USA, categorised by their location:
1. Northeast Region
- Citizens Bank (Headquarters: Providence, Rhode Island)
- Eastern Bank (Headquarters: Boston, Massachusetts)
- KeyBank (Headquarters: Cleveland, Ohio)
- First Niagara Bank (Acquired by KeyBank, previously headquartered in Buffalo, New York)
2. Southeast Region
- Regions Bank (Headquarters: Birmingham, Alabama)
- SunTrust Bank (Merged with BB&T to form Truist, headquartered in Atlanta, Georgia)
- BB&T (Now Truist, Headquarters: Winston-Salem, North Carolina)
- First Horizon Bank (Headquarters: Memphis, Tennessee)
3. Midwest Region
- Huntington National Bank (Headquarters: Columbus, Ohio)
- Fifth Third Bank (Headquarters: Cincinnati, Ohio)
- U.S. Bank (Headquarters: Minneapolis, Minnesota)
- Commerce Bank (Headquarters: Kansas City, Missouri)
4. Southwest Region
- Texas Capital Bank (Headquarters: Dallas, Texas)
- Zions Bancorporation (Headquarters: Salt Lake City, Utah)
- BBVA USA (Acquired by PNC, previously headquartered in Birmingham, Alabama)
5. West Region
- PacWest Bancorp (Headquarters: Los Angeles, California)
- East West Bank (Headquarters: Pasadena, California)
- Bank of the West (Headquarters: San Francisco, California)
- Union Bank (Acquired by U.S. Bank, previously headquartered in San Francisco, California)
List of Credit Unions in the USA
A list of credit unions refers to a compilation of various credit unions operating in a specific region, country, or globally. Credit unions are not-for-profit financial cooperatives that provide a wide range of financial services, including savings accounts, loans, and credit cards, to their members.
Unlike traditional banks, credit unions are member-owned, and the profits they generate are typically reinvested back into the organization or distributed among their members in the form of better rates or lower fees. Check out the list of a few well-known credit unions in the United States:
| Credit Union | Location | Membership Eligibility |
| Navy Federal Credit Union | Nationwide | Military members, veterans, and their families |
| State Employees’ Credit Union (SECU) | North Carolina | State employees and their families |
| The Golden 1 Credit Union | California | Residents of California |
| America First Credit Union | Utah (with national access) | Open to individuals in several states |
| PenFed Credit Union | Nationwide | Initially military, now open to a broader membership |
| Alliant Credit Union | Chicago, IL (nationwide) | Available to members nationwide |
| DCU (Digital Federal Credit Union) | Massachusetts (nationwide) | Available to members nationwide |
Also Read: Check here all the major details on the US Currency exchange rate. Know how it is determined and what the impact is.
How to Choose the Right Bank in the USA?
Selecting the right bank from the list of banks in the USA is a crucial financial decision that impacts your savings, transactions, and overall banking experience. With numerous banking options available, including national, regional, and online banks, it’s essential to evaluate key factors before making a choice.
Let us check a few important aspects which should be considered while selecting among the right bank in USA:
- Consider the range of financial services offered, such as checking and savings accounts, loans, credit cards, and investment options.
- Look at monthly maintenance fees, ATM withdrawal charges, overdraft fees, and other potential costs associated with the bank’s services.
- Check savings and loan interest rates to ensure you’re getting competitive returns or affordable loan terms.
- Decide if you need a bank with branches nationwide (national banks) or if a local bank or credit union can meet your needs.
- Regional and community banks often offer more tailored services and a stronger connection to the local community.
- If you prefer digital banking, consider online-only banks for their mobile apps and web-based services.
- Credit unions can offer lower fees and higher interest rates on savings accounts.
- Consider how convenient it is to access branches or ATMs, especially if you prefer in-person banking.
- Look for a bank with strong customer service, including support options like phone, chat, and email.
- Ensure the bank offers features that match your needs, like mobile apps, online bill payments, and easy money transfers.
- Choose a bank that aligns with your specific financial goals, whether that’s saving, investing, or borrowing.
- Get insights from other customers about their experiences with the bank’s services and support.
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FAQs on List of Banks in USA
The list of banks in the USA includes major financial institutions that provide various banking services. Here are five of the largest banks in the USA:
– JPMorgan Chase
– Bank of America
– Wells Fargo
– Citibank
– U.S. Bank
The Federal Reserve serves as the central bank of the United States, overseeing monetary policies, regulating banks, and ensuring financial stability. It also manages the nation’s money supply and interest rates to promote economic growth.
Banks in the U.S. are categorised by their size, services offered, and geographical reach, such as national, regional, and community banks. The list of banks in the USA generally includes:
– National Banks – Large banks with nationwide operations.
– Regional Banks – Mid-sized banks serving specific geographic areas.
– Community Banks – Locally operated banks offering personalised services.
National banks are large institutions with branches across the country, offering a range of services such as personal banking, business banking, and wealth management. They are regulated by federal authorities to maintain stability.
The list of top national banks in the USA includes: JP Morgan Chase, Bank of America, Wells Fargo and Citibank. These banks are known for their extensive service offerings and broad geographical reach.
The list of top chartered commercial banks in the USA includes major institutions like JPMorgan Chase, Bank of America, Wells Fargo, and Citibank. These banks play a significant role in the economy, offering commercial banking services and corporate financial solutions.
The largest banks by assets are JPMorgan Chase, Bank of America, Wells Fargo, and Citibank. These banks hold the majority of the nation’s total banking assets, influencing both domestic and international markets.
Regional banks serve specific geographical areas and provide services like personal and business accounts, loans, and mortgages. They tend to have a more localised presence compared to national banks.
Regional banks have a limited geographical reach compared to national banks, which have branches across most states. Regional banks often focus on personalised customer service and local community involvement.
Choosing a national bank from the list of banks in the USA provides:
– Nationwide access to branches and ATMs.
– Comprehensive financial services, including loans, credit cards, and investments.
– Competitive interest rates and lower fees.
Regional and community banks often offer more personalised services and a stronger connection to the local community. They may also provide more flexibility and personalised financial advice.
The list of banks in the USA is categorised into:
– National Banks – Large-scale operations with branches across the country.
– Regional Banks – Mid-sized banks serving specific states or regions.
– Community Banks – Locally focused banks offering personalised banking.
– Credit Unions – Member-owned financial institutions providing low-cost services.
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