The list of US banks has more than 100 bank holding companies listed with the Federal Reserve. These include various national banks, credit unions, regional banks, and specialised banks. Each category offers a wide range of services for individuals, students, businesses, and international students studying in the US.
Some of the top banks in the US are JP Morgan Chase, Bank of America, CitiBank, Wells Fargo, and PNC Bank, Whether you are considering opening a bank account or exploring banking products like loans or credit cards, knowing about their features and benefits helps you make informed decisions. Let’s explore the list of US banks to empower your financial needs.
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List of US Banks
This list of US banks highlights the 100 largest bank holding companies in the US in terms of their total assets as of September 30, 2024, as reported by the Federal Financial Institutions Examination Council (FFIEC).
As of the second quarter of 2024, there were 3,985 commercial banks and 554 savings and loan associations insured by the Federal Deposit Insurance Corporation (FDIC), collectively managing over USD 23.9 trillion in assets.
These US banks play a vital role in the US economy, offering financial services like savings accounts, loans, and investment opportunities.
However, despite the significant asset percentage, this list of US banks excludes three major banks- Zions Bancorporation, Cadence Bank, and Bank OZK. This is because these institutions are not considered bank holding companies by the FFIEC, even though they are recognized by the Federal Reserve.
| JPMorgan Chase | Bank of America | Citigroup | Wells Fargo |
| Goldman Sachs | Morgan Stanley | US Bancorp | PNC Financial Services |
| TD Bank, N.A. | Truist Financial | Capital One | Charles Schwab Corporation |
| The Bank of New York Mellon | State Street Corporation | BMO USA | American Express |
| HSBC Bank USA | USA | First Citizens BancShares | Citizens Financial Group |
| Fifth Third Bank | M&T Bank | UBS | Huntington Bancshares |
| Ally Financial | Barclays | KeyCorp | Ameriprise |
| Santander Bank | RBC Bank | Regions Financial Corporation | Northern Trust |
| Discover Financial | Synchrony Financial | Deutsche Bank | New York Community Bank |
| Mizuho Financial Group | Raymond James Financial | First Horizon National Corporation | Western Alliance Bancorporation |
| Comerica | Webster Bank | CIBC Bank USA | East West Bank |
| Popular, Inc. | BNP Paribas | John Deere Bank | Wintrust Financial |
| Valley Bank | Synovus | Old National Bank | Columbia Bank |
| Cullen/Frost Bankers, Inc. | Pinnacle Financial Partners | BOK Financial Corporation | FNB Corporation |
| UMB Financial Corporation | South State Bank | Associated Banc-Corp | Prosperity Bancshares |
| EverBank | Midland | Sumitomo Mitsui Banking Corporation | Stifel |
| BankUnited | Hancock Whitney | SoFi | Banc of California |
| Fulton Financial Corporation | First National of Nebraska | Texas Capital Bank | Commerce Bancshares |
| United Bank (West Virginia) | First Interstate BancSystem | Glacier Bancorp | WaFd Bank |
| FirstBank Holding Co | United Community Bank | Simmons Bank | Arvest Bank |
| Ameris Bancorp | BCI Financial Group | Eastern Bank | Atlantic Union Bank |
| Provident Bank of New Jersey | Bank of Hawaii | First Hawaiian Bank | Axos Financial |
| Cathay Bank | Home BancShares | Beal Bank | Customers Bancorp |
| WSFS Bank | Pinnacle Bancorp | Independent Bank | First BanCorp |
| Merchants Bank | Central Bancompany | Independent Bank Group | WesBanco |
List of Largest Banks in North America
North America is home to some of the world’s largest banks like JP Morgan Chase, Bank of America, Citigroup, Wells Fargo, and Royal Bank of America. As of 2023, the largest banks in North America by total assets are based in just two countries- the United States and Canada.
The information presented in this table is based on 2023 S&P Global Market Intelligence. Check out the list of US banks below that are the largest banks in North America-
| Rank | Bank Name | Country | Total Assets as of 2023 | Headquarter City |
| 1 | JPMorgan Chase | United States | USD 3,898.33 billion | New York City |
| 2 | Bank of America | United States | USD 3,051.38 billion | Charlotte |
| 3 | Citigroup | United States | USD 2,416.68 billion | New York City |
| 4 | Wells Fargo | United States | USD 1,881.02 billion | San Francisco |
| 5 | Royal Bank of Canada | Canada | USD 1,544.17 billion | Montreal |
| 6 | TD Bank | Canada | USD 1,524.83 billion | Toronto |
| 7 | Goldman Sachs | United States | USD 1,441.80 billion | New York City |
| 8 | Morgan Stanley | United States | USD 1,180.23 billion | New York City |
| 9 | Scotiabank | Canada | USD 1,029.80 billion | Toronto |
| 10 | Bank of Montreal | Canada | USD 859.05 billion | Montreal |
| 11 | CIBC | Canada | USD 691.31 billion | Toronto |
| 12 | US Bancorp | United States | USD 674.81 billion | Minneapolis |
| 13 | PNC Financial | United States | USD 557.26 billion | Pittsburgh |
| 14 | Truist Financial | United States | USD 555.26 billion | Charlotte |
| 15 | Capital One | United States | USD 455.25 billion | McLean |
| 16 | BNY Mellon | United States | USD 405.78 billion | New York City |
| 17 | National Bank of Canada | Canada | USD 312.67 billion | Montreal |
| 18 | State Street | United States | USD 290.81 billion | Boston |
| 19 | Citizens Financial Group | United States | USD 222.25 billion | Providence |
| 20 | First Citizens BancShares | United States | USD 214.65 billion | Raleigh |
Also Read: Check out the best banks in the USA for international students. Get to know more about the features & types of bank accounts in the USA.
List of Largest Banks in Latin America
The 5 largest banks in Largest America are Itaú Unibanco, Banco do Brasil, Banco Bradeco, Caixa Econômica Federal, and Santander Brasil. They play a vital role in the region’s economic growth and financial stability.
The table below includes the list of US banks, particularly the largest banks in Latin America. It highlights how countries like Brazil, Mexico, and Chile dominate the region with their large, asset-rich banks.
Based on the April 2023 S&P Global Market Intelligence report, here’s a list of the 50 largest banks in Latin America ranked by their total assets.
| Rank | Bank Name | Country | Total Assets (2023) |
| 1 | Itaú Unibanco | Brazil | USD 439.50 billion |
| 2 | Banco do Brasil | Brazil | USD 379.78 billion |
| 3 | Banco Bradesco | Brazil | USD 340.41 billion |
| 4 | Caixa Econômica Federal | Brazil | USD 300.63 billion |
| 5 | Santander Brasil | Brazil | USD 186.41 billion |
| 6 | BBVA México | Mexico | USD 158.31 billion |
| 7 | Banorte | Mexico | USD 106.12 billion |
| 8 | Banco de Crédito e Inversiones | Chile | USD 98.10 billion |
| 9 | Santander México | Mexico | USD 92.97 billion |
| 10 | Santander Chile | Chile | USD 87.74 billion |
| 11 | BTG Pactual | Brazil | USD 85.24 billion |
| 12 | Citibanamex | Mexico | USD 72.79 billion |
| 13 | Bancolombia | Colombia | USD 71.25 billion |
| 14 | Banco de Chile | Chile | USD 69.36 billion |
| 15 | Banco del Estado de Chile | Chile | USD 67.20 billion |
| 16 | Grupo Aval | Colombia | USD 60.99 billion |
| 17 | Scotiabank Chile | Chile | USD 57.72 billion |
| 18 | Banco Safra | Brazil | USD 50.76 billion |
| 19 | Banco de Crédito del Perú | Peru | USD 50.11 billion |
| 20 | Grupo Bolívar | Colombia | USD 41.96 billion |
| 21 | HSBC México | Mexico | USD 40.67 billion |
| 22 | Scotiabank México | Mexico | USD 38.85 billion |
| 23 | Banco de la Nación Argentina | Argentina | USD 33.42 billion |
| 24 | BAC Panama | Panama | USD 32.24 billion |
| 25 | Grupo Inbursa | Mexico | USD 30.41 billion |
| 26 | Intercorp Perú | Peru | USD 29.27 billion |
| 27 | Banco Cooperativo Sicredi | Brazil | USD 28.47 billion |
| 28 | Banco Citibank | Brazil | USD 28.40 billion |
| 29 | BBVA Perú | Peru | USD 25.74 billion |
| 30 | Bicapital Corp. | Panama | USD 24.29 billion |
| 31 | Banco Votorantim | Brazil | USD 23.03 billion |
| 32 | Banco de la República Oriental del Uruguay | Uruguay | USD 22.00 billion |
| 33 | Banco Pichincha | Ecuador | USD 21.55 billion |
| 34 | Banrisul | Brazil | USD 21.50 billion |
| 35 | BBVA Colombia | Colombia | USD 20.55 billion |
| 36 | Promerica Financial Corp. | Panama | USD 19.82 billion |
| 37 | Grupo Financiero BI | Guatemala | USD 19.24 billion |
| 38 | Empresa General de Inversiones (EGI) | Panama | USD 19.17 billion |
| 39 | Grupo Financiero Galicia | Argentina | USD 19.11 billion |
| 40 | Scotiabank Perú | Peru | USD 19.11 billion |
| 41 | BanReservas | Dominican Republic | USD 18.46 billion |
| 42 | Grupo Security | Chile | USD 17.43 billion |
| 43 | Banco Provincia | Argentina | USD 16.91 billion |
| 44 | Republic Financial | Trinidad and Tobago | USD 16.74 billion |
| 45 | BanBajío | Mexico | USD 15.92 billion |
| 46 | Santander Argentina | Argentina | USD 15.25 billion |
| 47 | National Bank of Panama | Panama | USD 14.60 billion |
| 48 | Banco Azteca | Mexico | USD 14.42 billion |
| 49 | NCB Financial Group | Jamaica | USD 13.89 billion |
| 50 | Daycoval | Brazil | USD 13.37 billion |
List of Prominent US Banks
The most prominent banks in the US are JP Morgan, Wells Fargo, Fifth Third Bank, Huntington Bank, SoFi, and Discover Bank. They are the top choices and offer a diverse range of options for your financial needs.
Check out the list of US banks, particularly the most prominent ones. The list is categorised into four groups- National Banks, Regional Banks, Online Banks, and Credit Unions. Each of these banks stands out for its services, features, and reputation.
Top National Banks in the US
JPMorgan Chase, Bank of America, Wells Fargo, Citibank, and US Bancorp are the top national banks in the US. These banks are ranked highly due to their large asset bases, strong customer trust, innovative services, and competitive product offerings.
They provide a broad spectrum of services, including checking and savings accounts, credit cards, loans, mortgages, and investment services. Check out the list of US banks, including the top 5 national banks in the US-
| Rank | Bank Name | Key Features | Why It’s a Top Bank |
| 1 | JPMorgan Chase | Wide range of financial services, including Chase Bank currency exchange at competitive rates, excellent credit card rewards, and investment options. | Largest US bank by assets; trusted for innovation and extensive ATM/branch network. |
| 2 | Bank of America | Customized credit cards, student-friendly accounts, and Preferred Rewards Program. | Offers strong customer service, tech-savvy mobile apps, and extensive nationwide coverage. |
| 3 | Wells Fargo | Low-fee Wells Fargo student credit card, student accounts, robust mortgage and lending services, and small business support. | Known for community banking focus and strong lending programs. |
| 4 | Citibank | International banking options, high credit card rewards, and free credit monitoring tools. | A global bank with easy access to ATMs worldwide and strong financial planning tools. |
| 5 | US Bancorp | Personal banking, business loans, wealth management services, and innovative mobile tools. | Recognized for outstanding customer satisfaction and technological advancements. |
Top Regional Banks in the US
Fifth Third Bank, Regions Bank, and Huntington Bnak are the top 3 regional banks in the USA. They operate on a smaller scale than national banks, often focusing on specific geographic areas. They cater to customers who prefer personalized services and community banking.
Check out the list of US banks, including the top 5 regional banks in the US-
| Rank | Bank Name | Key Features | Why It’s a Top Bank |
| 1 | Fifth Third Bank | Offers fee-free accounts with direct deposits, home and personal loans, and small business services. | Known for its focus on Midwest and Southeast regions with strong local support. |
| 2 | Regions Bank | Personalized retirement and financial planning tools, and business banking accounts. | Trusted in the Southeast and Midwest for its focus on community engagement and customer-centric services. |
| 3 | Huntington Bank | Specialized products for small businesses, competitive home equity and mortgage options. | A top choice in the Midwest for its innovative “24-Hour Grace” overdraft feature. |
| 4 | KeyBank | Offers strong wealth management services and business banking options. | Renowned in the Northeast and Northwest for its customer-friendly policies. |
| 5 | M&T Bank | Known for flexible loan options, business accounts, and community-focused banking. | A trusted name in the Mid-Atlantic region for its personalized approach to financial services. |
Top Online Banks in the US
Some of the top online banks in the USA are SoFi, Discover Bank, and Ally Bank. They provide a digital-first approach to banking, eliminating the need for physical branches. These banks are celebrated for their cost-effectiveness, user-friendly apps, and competitive interest rates on savings accounts.
Check out the list of US banks, including the 5 best online banks in the US-
| Rank | Bank Name | Key Features | Why It’s a Top Bank |
| 1 | SoFi | High APYs, no fees, and exceptional loan options (student, personal, and home loans). | Appeals to millennials and students with its modern services and financial planning tools. |
| 2 | Discover Bank | Generous cashback rewards, high-yield savings, no monthly fees, quick and affordable Discover Bank International Wire Transfer | A reliable choice for customers seeking a hybrid approach to online banking and financial rewards. |
| 3 | Ally Bank | High-yield savings, competitive CD rates, and fee-free accounts. | Known for its exceptional customer service and innovative mobile platform. |
| 4 | Chime | No overdraft fees, automatic savings features, and early paycheck deposits. | Ideal for those who value simplicity, low costs, and financial wellness tools. |
| 5 | Axos Bank | Unlimited ATM reimbursements, low fees, and competitive savings rates. | Popular for its no-fee approach and customizable banking experience. |
Top Credit Unions in the US
The top two credit unions in the US are Navy Federal Credit Union and Alliant Credit Union. They offer lower fees, competitive rates, and personalized customer service. These credit unions are highly rated for their member-focused services, low interest rates on loans, and high APYs (Annual Percentage Yield) on savings accounts.
Check out the list of US banks, including top credit unions in the US-
| Rank | Credit Union | Key Features | Why It’s a Top Credit Union |
| 1 | Navy Federal Credit Union | Specializes in low-rate loans, competitive credit cards, and tailored services for military families. | Largest credit union in the US with global reach and excellent member perks. |
| 2 | Alliant Credit Union | High APYs on savings, no overdraft fees, and user-friendly mobile tools. | Perfect for tech-savvy individuals who prefer online-first banking. |
| 3 | PenFed Credit Union | Low-rate personal loans, competitive mortgages, and extensive financial education resources. | Known for its exclusive benefits for military and government employees. |
| 4 | America First Credit Union | Low auto loan rates, no hidden fees, and strong customer service. | Offers excellent financial products to communities in the Western US. |
| 5 | Consumers Credit Union | Unlimited cash-back checking accounts, high savings rates, and easy membership options. | A top choice for its no-fee accounts and generous rewards programs. |
Also Read: Check here all the major details on the US Currency exchange rate. Know how it is determined and what is the impact.
List of US Banks in India
The presence of US banks in India provides a range of financial services to individuals and businesses. These include services related to personal banking, corporate banking, and investment solutions tailored to meet the needs of their customers in India.
Their established presence facilitates international transactions and supports businesses looking to operate in both the US and Indian markets. Below is a list of US banks in India, along with their contact details.
| Bank Name | Website | Address | Contact Number |
| American Express India | americanexpress.com/in | Cyber City, Tower C, DLF Bldg. No.8, Sector – 25, DLF City Ph-II, Gurugram – 122002, Haryana, India | +91-0124-4190000; 1800-419-2122 (Toll Free) |
| Bank of America India | bofa-india.com | 18th Floor, A Wing, One BKC, G Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400051, Maharashtra, India | +91 22 66323232/3000 |
| J.P. Morgan Chase India | jpmorgan.com/country/IN/EN/jpmorgan | J.P. Morgan Tower, Off CST Road, Kalina, Santacruz East, Mumbai – 400098, Maharashtra, India | +91 22 6157 3000 |
| Citibank India | online.citibank.co.in | FIFC, 14th Floor, C-54 & C-55, G Block, Bandra Kurla Complex, Mumbai – 400051, Maharashtra, India | +91 22 4955 2484 |
Types of Banks in the US
The list of US banks can be categorised based on different types. The types of banks in the US include commercial banks, credit unions, retail banks, online banks, and others based on the geographic areas, governing body, and services offered.
Each type of bank caters to a wide range of financial needs. They offer services for specific purposes, from personal banking to investment services. Here’s an overview of the types of banks in the US-
Commercial Banks
Commercial banks are traditional financial institutions that offer a variety of services, including checking and savings accounts, loans, and credit cards. They cater to individuals, businesses, and corporations. These banks are regulated by the Office of the Comptroller of the Currency (OCC), ensuring their operations comply with federal standards.
Some of the popular commercial banks in the US are JPMorgan Chase, Citibank, and Bank of America.
Credit Unions
Credit unions are not-for-profit organizations owned by their members. They provide similar services to retail banks, such as savings accounts, loans, and credit cards, but often at better rates and lower fees. Credit unions focus on serving their members’ financial needs rather than generating profits.
Examples of credit unions in the USA include the Navy Federal Credit Union and Alliant Credit Union.
Investment Banks
Investment banks specialize in helping corporations and governments raise capital through issuing stocks and bonds. They also provide advisory services for mergers and acquisitions. Unlike commercial banks, they do not offer traditional banking services like savings accounts or loans to individuals. Investment banks are regulated by the Securities and Exchange Commission (SEC).
Goldman Sachs and Morgan Stanley are two of the best and most popular investment banks in the USA.
Retail Banks
Retail banks offer a wide range of financial products and services to individuals and small businesses, including checking accounts, savings accounts, personal loans, mortgages, and credit cards. These banks are designed for everyday banking needs.
Examples include Wells Fargo, Chase, and Bank of America, which have extensive branch networks across the country.
Online Banks
Online banks operate exclusively through digital platforms without physical branches. This allows them to offer higher interest rates on deposits and lower fees compared to traditional banks due to reduced operational costs. They focus on convenience with features like mobile apps and 24/7 customer support.
Popular online banks in the USA are Ally Bank, Chime, and SoFi.
Savings and Loan Associations
Savings and loan associations (S&Ls), also known as thrift institutions, are depository institutions that primarily focus on accepting savings deposits and providing home mortgage loans. They play a vital role in supporting homeownership in the US.
So, whether you’re looking for the list of US banks to find the best national or regional bank, or seeking the low fees and high interest rates of online banks, there’s a US Bank to meet your needs. Understanding the types of banks can help you choose the right institution based on your personal or business goals.
FAQs
The top 50 banks in the US include major institutions like JPMorgan Chase, Bank of America, Wells Fargo, Citibank, and Goldman Sachs, among others. These banks offer a wide range of services and have a significant market presence.
The best bank in the USA often depends on individual needs, but JPMorgan Chase is frequently recognized for its extensive services and customer satisfaction.
A local bank is a smaller financial institution that primarily serves customers in a specific geographic area. They often focus on community banking and personalized service.
The big 4 banks in the US are JPMorgan Chase, Bank of America, Wells Fargo, and Citibank. These banks dominate the market and offer a wide range of financial services.
JPMorgan Chase is considered the richest bank in the USA, boasting the largest assets and market capitalization among US banks.
For Indians in the USA, State Bank of India (SBI) and HDFC Bank are popular choices due to their familiarity with Indian banking practices and services tailored for expatriates.
Several US banks in India have established a significant presence. These are CitiBank, Bank of America, JP Morgan Chase, American Express, HSBC, and Standard Chartered Bank, offering a range of financial services to individuals and businesses.
Wells Fargo has one of the largest customer bases among US banks, offering a wide variety of banking services to millions of customers.
Wells Fargo also leads in terms of branch locations, with thousands of branches spread across many states, making it highly accessible to customers.
Bank of America is one of the most popular banks in the US due to its extensive service offerings and large customer base.
The types of banks in the USA include commercial banks, credit unions, investment banks, retail banks, online banks, and savings and loan associations. Each type serves different financial needs and customer segments.
To learn more about education loans, the best bank accounts for students, forex, banking experience for global students, or international money transfers, reach out to our experts at 1800572126 to help ease your experience with studying abroad.
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