HomeFinance20 Largest Banks in the U.S.

20 Largest Banks in the U.S.

Putting your cash with certainly one of the largest banks usually means you’ll have extra entry to in-person providers at branches, a big ATM community and a big selection of services, which could be handy for those who’re trying to do all of your banking in one place.

To discover the largest banks in the U.S., we checked out home asset sizes of establishments that serve each customers and small companies. A financial institution’s property embrace the quantity in clients’ deposit accounts, in addition to loans, mortgages and bank card accounts. Some of those banks have 1000’s of branches, whereas others are principally, or solely, on-line. All of those banks are FDIC insured.

Based on asset dimension, listed here are the prime 20 largest banks in the United States.

​​» Want the finest banks as an alternative? Check out NerdWallet’s picks for the finest nationwide banks

The largest banks in the U.S.

NerdWallet ranking 

1. Chase

Chase, the largest financial institution for customers and small companies, is a part of JPMorgan Chase & Co. It has certainly one of the largest department networks out of all the largest banks, with areas in the most states.

  • ATMs: 16,000; some or all out-of-network ATM charges waived for premium accounts.

  • Branches: 4,800+ in 48 states and Washington, D.C., with excessive concentrations in California, the East Coast and Texas; no branches in Alaska or Hawaii.

NerdWallet ranking 

2. Bank of America

Bank of America is the second-largest financial institution, positioned in the second-most variety of states. Of the prime three banks on this listing, it affords the fewest branches however the most ATMs.

  • ATMs: About 17,000; some or all out-of-network ATM charges waived however just for some premium accounts.

  • Branches: About 4,200 in 37 states and Washington, D.C., principally concentrated in California, the East Coast and Texas.

NerdWallet ranking 

3. Wells Fargo Bank

Of the prime three largest banks, Wells Fargo affords the fewest variety of ATMs however the largest variety of branches for many who favor in-person banking.

  • ATMs: 12,000+; some or all out-of-network ATM charges reimbursed for some premium accounts.

  • Branches: About 4,900; in 36 states and Washington, D.C., with excessive concentrations in California, Florida and Texas.

NerdWallet ranking 

4. Citibank

Citibank has certainly one of the fewest numbers of branches of banks on this listing, but it surely does have 1,800 branches abroad and a large home community of ATMs.

  • ATMs: 65,000+, together with these in Allpoint and MoneyPass networks; out-of-network ATM charges refunded for some premium accounts.

  • Branches: 650+ throughout 11 states and Washington, D.C.; with excessive concentrations in California and New York.

NerdWallet ranking 

5. U.S. Bank

U.S. Bank affords 1000’s of ATMs and about half as many branches as the prime three banks on this listing.

  • ATMs: Thousands, together with these in the MoneyPass community.

  • Branches: About 2,300 in 26 states, with excessive concentrations in California, Illinois and Ohio.

NerdWallet ranking 
NerdWallet ranking 

6. Truist Bank

Truist is the results of the merger of BB&T and SunTrust Bank; when you have an account at both financial institution, you are a buyer of Truist. It affords the fourth-highest variety of branches of any financial institution on this listing, with areas on the East Coast, in the Midwest and in the South.

  • ATMs: About 3,700; BB&T and SunTrust clients could make money withdrawals without cost at one another’s ATMs.

  • Branches: About 2,500 in 17 states and Washington, D.C., with excessive concentrations in Florida, North Carolina and Virginia.

NerdWallet ranking 

7. PNC Bank

As of July 2021, PNC Bank acquired BBVA USA and is transitioning clients and accounts. Including BBVA branches, PNC Bank now has branches in over half the nation.

  • ATMs: About 18,000; the financial institution might reimburse as much as two out-of-network ATM charges per assertion interval.

  • Branches: 2,800+ in 27 states and Washington, D.C., with excessive concentrations in Pennsylvania and Texas.

NerdWallet ranking 

8. TD Bank

TD Bank’s bodily attain is much less widespread than different giant banks. Its ATMs and branches can be found solely alongside the East Coast.

  • ATMs: 700; the financial institution might reimburse out-of-network ATM charges for some accounts, relying on the stability.

  • Branches: About 1,100 in 15 states and Washington, D.C, principally concentrated in Florida, Massachusetts, New York and Pennsylvania.

NerdWallet ranking 

9. Capital One

The Capital One community options the most ATMs of any banks on this listing however comparatively few branches. Some of the branches are Capital One cafes, the place clients can attend free workshops and obtain one-on-one monetary teaching.

  • Branches: 300+ throughout seven states and Washington D.C.; principally concentrated in Louisiana and New York.

NerdWallet ranking 

10. Fifth Third Bank

Fifth Third Bank is concentrated primarily in the South and Midwest, however its ATM community is the third largest of the banks on this listing.

  • ATMs: 50,000+, together with ATMs in the Allpoint, Presto! and 7-Eleven community.

  • Branches: 1,100+ in 11 states, with excessive concentrations in Illinois, Michigan and Ohio.

NerdWallet ranking 

11. HSBC Bank

Though it at the moment sits at #11 on this listing, HSBC will quickly be closing down its U.S. retail banking enterprise. Citizens Bank and Cathay Bank have agreed to buy HSBC’s banking enterprise on the East and West Coasts, respectively. Savings, checking and mortgage clients could have their accounts transferred to both Citizens or Cathay by March 2022.

  • ATMs: 2,700+ with Citizens Bank; 37,000+ with Cathay Bank, together with these in the MoneyPass community.

    • About 1,000 with Citizens Bank in 12 states, with excessive concentrations in Massachusetts, New York and Pennsylvania.

    • Around 60 with Cathay Bank in 9 states, primarily concentrated in California.

NerdWallet ranking 

12. Citizens Bank

Though Citizens Bank has comparatively few ATMs, clients can get service at a couple of thousand branches in the Midwest and Northeast.

  • Branches: 900+ in 12 states, with excessive concentrations in Massachusetts, New York and Pennsylvania.

NerdWallet ranking 

13. KeyBank

KeyBank affords the fifth-largest ATM community of the banks on this listing, in addition to branches in over a dozen states.

  • ATMs: 40,000+, together with these in the Allpoint community. The financial institution’s premium account affords limitless rebates on out-of-network ATM charges.

  • Branches: 1,000+ in 16 states, with excessive concentrations in New York, Ohio and Washington.

NerdWallet ranking 

14. Huntington National Bank

Huntington National Bank has a good variety of branches, however its presence is especially in the Midwest.

  • ATMs: 1,700+; some or all out-of-network ATM charges are reimbursed with choose accounts.

  • Branches: 1,300+ areas in 12 states, with excessive concentrations in Michigan and Ohio.

NerdWallet ranking 

15. Ally Bank

Ally is obtainable on-line solely, and is certainly one of simply two banks on this listing with none branches. Customers can entry their money without cost through the fourth-largest ATM community on this listing.

  • ATMs: 43,000+; as much as $10 in out-of-network ATM charges reimbursed every assertion cycle.

16. First Republic Bank

First Republic Bank affords the fewest branches of the brick-and-mortar banks on this listing. It’s positioned principally in California.

  • ATMs: None, however money withdrawals are free at any ATM with some checking accounts.

  • Branches: 72 areas throughout 10 states; principally in California.

» Want to learn the way your cash is protected in a financial institution? Read about FDIC insurance coverage

NerdWallet ranking 

17. BMO Harris Bank

BMO Harris affords providers at only a few hundred branches however gives free entry to 1000’s of ATMs through the fifth-largest community on this listing (tied with KeyBank).

  • ATMs: 40,000+ fee-free ATMs, together with these in the Allpoint community.

  • Branches: 500+ in eight states, with excessive concentrations in Illinois and Wisconsin.

NerdWallet ranking (*20*)

18. Regions Bank

Regions Bank is generally concentrated in a handful of Southern states. It affords over a thousand branches and a pair thousand ATMs.

  • Branches: 1,300+ areas in 15 states, with excessive concentrations in Alabama, Florida and Tennessee.

NerdWallet ranking 

19. Union Bank

Union Bank is certainly one of the smaller establishments on this listing in the case of the variety of branches and ATMs, with a presence solely on the West Coast.

  • ATMs: 450+; for choose accounts, no charges for utilizing any ATM, plus as much as two reimbursements for out-of-network ATMs per assertion interval.

  • Branches: About 300 in ​​California, Oregon and Washington.

NerdWallet ranking 

20. American Express National Bank

American Express National Bank is obtainable on-line solely. There are not any checking accounts, so clients do not obtain ATM playing cards. But, financial savings charges are amongst the finest you’ll discover on-line or elsewhere.

» Interested in banks that supply a sign-up bonus for brand spanking new accounts? Check out our finest financial institution promotions

Biggest banks with the most branches

If you’re searching for certainly one of the largest banks that’s accessible for in-person buyer assist, contemplate the largest banks with the most areas in the U.S.

Rank (by home property)

Approximate variety of branches

Number of states with areas

Truist (merger of BB&T and SunTrust)

Biggest banks with the most ATMs

If accessing fast and free money withdrawal is a precedence for you, contemplate the largest banks that supply the largest ATM networks.

Rank (by home property)

Approximate variety of in-network ATMs

Frequently requested questions

METHODOLOGY

Banks are ranked in accordance with the dimension of their home property, together with deposit accounts, loans, mortgages and bank card accounts. This information is correct as of June 30, 2021, in accordance with the newest info from the Federal Reserve.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments