What is the most popular retail bank in the US? (2024)

What is the most popular retail bank in the US?

No matter where you live, you'll likely recognize the most popular banks. Chase and Wells Fargo are well known brands, and they have the most branches in the U.S. They're also the most popular bank in 30 percent of the 50 states.

What is the #1 bank in America?

List of largest banks in the United States
RankBank nameHeadquarters location
1JPMorgan ChaseNew York City
2Bank of AmericaCharlotte, North Carolina
3CitigroupNew York City
4Wells FargoSan Francisco, California
82 more rows

What bank do most Americans use?

No matter where you live, you'll likely recognize the most popular banks. Chase and Wells Fargo are well known brands, and they have the most branches in the U.S. They're also the most popular bank in 30 percent of the 50 states.

Which local bank is the best in USA?

Best Banks of February 2024
  • Capital One Bank: Best online checking account.
  • Chase: Best for a large branch network.
  • Axos Bank: Best for online account options.
  • Discover® Bank: Best for doing all of your banking at one place.
  • Synchrony Bank: Best high-yield savings account.
  • TD Bank: Best for customer service.
Jan 31, 2024

Which bank has most customers in us?

No. 1: Chase Bank
Chase Bank assets, numbers and more
Assets$3.3 trillion
Number of customer accounts66,225,311
Number of branches5,031
Number of employees202,946
5 more rows
Dec 21, 2021

What are the top 3 banks in the US?

The Bankrate promise
RANKBANK NAMEPREVIOUS RANK
1JPMorgan Chase1
2Bank of America2
3Wells Fargo4
4Citigroup3
11 more rows
Dec 22, 2023

What is the strongest bank in America?

1. JPMorgan Chase. JPMorgan Chase, or Chase Bank, is the biggest bank in America with nearly $3.3 trillion in assets. It boasts a vast network of over 4,700 physical branches and more than 15,000 ATMs.

What US bank is in all 50 states?

What bank operates in all 50 states? No bank currently operates a branch location in all 50 states, though several of the nation's largest institutions come close. Chase Bank, for one, has over 4,700 branch locations in 49 states and Washington D.C. Wells Fargo also offers around 4,600 branches in 36 states.

What is the richest bank in the world?

The Industrial and Commercial Bank of China Limited is the largest bank in both the People's Republic of China and the world when considering total assets. Among the biggest lenders in the world, ICBC continues to steadily remain near the top, along with the likes of the Bank of America.

What are the top 5 banks in the US?

  • Chase: $2.51 trillion.
  • Bank of America: $2.39 trillion.
  • Wells Fargo: $1.66 trillion.
  • Citibank: $1.04 trillion.
  • U.S. Bank: $580.74 billion.
  • Truist Bank: $564.77 billion.
  • PNC Bank: $554.37 billion.
  • Capital One: $468.89 billion.
Jun 15, 2023

What is the most reliable bank?

Most Trusted Banks
BankTrust Rating
Capital One95.5 | ***
Citibank91.0 | ***
PNC Bank89.5 | ***
TD Bank88.3 | ***
11 more rows
Mar 28, 2023

Is Chase or Bank of America better?

Overall, if you're choosing between Chase and Bank of America, the better option for you will really depend on your personal banking needs and preferences. Both are big banks with thousands of branches and tens of thousands of ATMs. Chase offers a wider variety of accounts, though it is lacking in IRA options.

What bank has best customer service?

Best banks for customer experience
BankJ.D. Power Satisfaction RatingWhat you'll love
ChaseFirst in 3 of 15 geographic regionsMassive network of branches and ATMs 24/7 customer service Robust mobile app
Discover730 (15 points above the industry average)24/7 customer service Debit card rewards program 60,000+ fee-free ATMs
5 more rows
Dec 7, 2023

What bank has the richest customers?

The 10 Best Rich People Bank Accounts
  • Bank of America Private Bank.
  • Chase Private Client.
  • Morgan Stanley CashPlus.
  • HSBC Premier Checking.
  • TD Bank Private Banking.
  • PNC Private Bank Checking.
  • Truist Wealth Checking.
  • Santander Private Client Checking.

What is the smallest bank in the United States?

Beyond its size, Kentland Federal Savings and Loan is unusual in other ways. It has one location, in Kentland, Indiana (population 1,641), no ATMs and no website. There are basically two things you can do as a customer of the bank: obtain a home mortgage or open a savings account or a CD.

Who owns Chase bank?

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with $2.6 trillion in assets and operations worldwide.

What is the safest bank in us?

Summary: Safest Banks In The U.S. Of February 2024
BankForbes Advisor RatingProducts
Chase Bank5.0Checking, Savings, CDs
Bank of America4.2Checking, Savings, CDs
Wells Fargo Bank4.0Savings, checking, money market accounts, CDs
Citi®4.0Checking, savings, CDs
1 more row
Jan 29, 2024

What is the best bank to go with?

Chase: Best for sign-up bonuses; best for branch access. Discover® Bank: Best online banking experience. SoFi: Best checking account overall; best checking account for overdraft fee avoidance. UFB Direct: Best savings account.

What is the hardest bank to get into?

Which is the hardest investment bank to get into? Goldman Sachs is notoriously difficult to get into. One statistics recently rolled out was that it received 100,000 applications for just 2,300 global internship positions. This means that it received 24 applications for every job it posted.

Are credit unions safer than banks?

However, because credit unions serve mostly individuals and small businesses (rather than large investors) and are known to take fewer risks, credit unions are generally viewed as safer than banks in the event of a collapse. Regardless, both types of financial institutions are equally protected.

What bank owns Capital One?

Capital One is an independent publicly traded company. It's a subsidiary of Capital One Financial Corp., which was established in 1994 by Richard Fairbank, the current chairman and CEO.

What is the best bank with no fees?

Bankrate's picks for the top free checking accounts
  • Discover Bank, Cashback Debit Account: Earns 1% cash back on eligible debit card purchases, $0 minimum deposit.
  • NBKC Bank, Everything Account: 1.75% APY; $0 minimum opening deposit.
  • Ally Bank, Interest Checking Account: 0.10%-0.25% APY; $0 minimum opening deposit.

What is the only state-owned bank in the United States?

North Dakota is the only state that has established a publicly owned bank. Founded in 1919, the Bank of North Dakota's mission is to “promote agriculture, commerce, and industry” and “be helpful to and assist in the development of…

Which bank has the most ATMs in USA?

Although Bank of America has fewer branch locations than Wells Fargo or Chase, it does have more ATMs — in fact, Bank of America is tied with Chase for the most ATMs by a national brick-and-mortar bank.

Which bank does the queen use?

Nestled on the Strand in the heart of London, Coutts has been the pre-eminent financial lender for the great and good of British society for 331 years. Founded in 1692, it has served every member of the Royal Family since the late 18th century, and remains the King's bank today.

References

You might also like
Popular posts
Latest Posts
Article information

Author: Merrill Bechtelar CPA

Last Updated: 18/12/2023

Views: 6215

Rating: 5 / 5 (70 voted)

Reviews: 85% of readers found this page helpful

Author information

Name: Merrill Bechtelar CPA

Birthday: 1996-05-19

Address: Apt. 114 873 White Lodge, Libbyfurt, CA 93006

Phone: +5983010455207

Job: Legacy Representative

Hobby: Blacksmithing, Urban exploration, Sudoku, Slacklining, Creative writing, Community, Letterboxing

Introduction: My name is Merrill Bechtelar CPA, I am a clean, agreeable, glorious, magnificent, witty, enchanting, comfortable person who loves writing and wants to share my knowledge and understanding with you.