Best Retail Banks Ranked in America's Most Trusted Study — Lifestory Research (2024)

Click on the links below to access prior-year ranking lists and details

2021 America's Most Trusted Bank
2020 America's Most Trusted Bank

America's Most Trusted® is a consumer-based research program based on the opinions of thousands of people familiar with the brands in the study. The America's Most Trusted®study collects opinions on brands within each specific product category; however, only the most recognized brands among thousands of consumers are included in the final national ranking. Additional insights and questions answered can be found in our press releases or the frequently asked questions.

The number of people evaluating each bank in the 2022 study included 17,614 people. Trust is measured through the Lifestory Research Net Trust Quotient. An index score of 100 is average for all bank brands included in the study. A top #1 rank represents the bank brand that produced the top Net Trust Quotient Score among banks. Details of this annual research study are on the survey methodology page.

WHAT IS THE BEST BANK?

To determine the Lifestory Research 2022 America's Most Trusted® Bank, the trust ratings for the most recognized brands were computed. The bank brands that were most recognized in the study were Chase, Capital One Bank, Citibank, PNC Bank, TD Bank, Bank of America, Barclay's, Ally Bank, Citizens Bank, Bank of the West, US Bank, SunTrust, Union Bank, Wells Fargo, and HSBC.

The America's Most Trusted® Study calculates the trust people have across 50 product categories from Home Builders to HVAC Systems to Tools to Kitchen Appliances. People taking the survey are asked their opinions of trust, quality, word-of-mouth, likelihood of recommending to others and several other brand equity questions. See the List of the 2022 Brands for all brands included in this research program.

WHAT ARE THE MOST TRUSTED BRANDS IN AMERICA?

Brands that understand how people view them are consistently found to win the battle for market share and capture the enduring condition of trust. America's Most Trusted® is a consumer-based research program based on thousands of people's opinions actively shopping for products. To identify America's Most Trusted®, Lifestory Research conducts an ongoing annual survey in which people anonymously assess the trust they have in brands they encounter during their active search for specific products. Lifestory Research surveys people with well-established social science research practices that seek to adhere to the highest quality standards of consumer insight.

Lifestory Research studies, products, and services are available for purchase. If you're interested in subscribing to a Lifestory Research study or becoming a client, please contact us, and we'll be in touch.

Lifestory Research America's Most Trusted® Study results are based on survey responses and should not be considered legal or financial advice. Your experiences may vary. For details, see our Terms of Use and Legal Notices on the Lifestory Research website. America's Most Trusted® is a registered trademark of Lifestory with all rights reserved.

No promotional use or advertising can be made of America's Most Trusted® survey results without the express prior written consent of Lifestory Research

Best Retail Banks Ranked in America's Most Trusted Study — Lifestory Research (2024)

FAQs

What is the #1 most trusted bank in America? ›

Following one of the most successful years in United's long history, United Bank has been named the Most Trustworthy Bank in America by Newsweek for 2023.

Which bank is more trustworthy? ›

Summary: Safest Banks In The U.S. Of April 2024
BankForbes Advisor RatingLearn More
Chase Bank5.0Learn More Read Our Full Review
Bank of America4.2
Wells Fargo Bank4.0Learn More Read Our Full Review
Citi®4.0
1 more row
Jan 29, 2024

What is the highest rated US bank? ›

The Bankrate promise
RANKBANK NAMEPREVIOUS RANK
1JPMorgan Chase1
2Bank of America2
3Wells Fargo4
4Citigroup3
11 more rows
Apr 2, 2024

Which bank has the highest customer satisfaction? ›

Capital One received the highest customer satisfaction score among the largest banks in the United States as of 2023, with a score reaching 706 points out of 1,000. JPMorgan Chase, TD Bank, and U.S. Bank followed, while Bank of America, Wells Fargo, and Truist received the lowest scores.

What is the safest bank in America right now? ›

10 Safest Banks in the U.S.
BankAssetsFDIC Insured?
JP Morgan Chase$3.40 trillionYes
Bank of America$2.54 trillionYes
Wells Fargo$1.73 trillionYes
Citi$1.68 trillionYes
6 more rows
Mar 29, 2024

What bank do millionaires use in USA? ›

1. JP Morgan Private Bank. “J.P. Morgan Private Bank is known for its investment services, which makes them a great option for those with millionaire status,” Kullberg said. “With J.P. Morgan, each client is given access to a panel of experts, including experienced strategists, economists and advisors.”

Which bank is least likely to go bust? ›

JPMorgan Chase (JPM)

The inclusion of JPMorgan Chase (NYSE:JPM) as one of the bank stocks least likely to fail shouldn't surprise anyone.

What bank has the most issues? ›

America's Worst Banks at a Glance
BankTotal complaintsComplaints per $1 billion deposited
Bank of America128,40467.47
Capital One83,945225.88
Discover Bank24,364247.37
Citizens Bank11,59566.38
6 more rows
Oct 10, 2023

What banks are most at risk right now? ›

These Banks Are the Most Vulnerable
  • First Republic Bank (FRC) . Above average liquidity risk and high capital risk.
  • Huntington Bancshares (HBAN) . Above average capital risk.
  • KeyCorp (KEY) . Above average capital risk.
  • Comerica (CMA) . ...
  • Truist Financial (TFC) . ...
  • Cullen/Frost Bankers (CFR) . ...
  • Zions Bancorporation (ZION) .
Mar 16, 2023

Which banks are AAA rated? ›

Global Top 100
RankNameFitch Rating
1KfWAAA
2Zuercher KantonalbankAAA
3BNG BankAAA
35 more rows
Nov 10, 2023

Is Chase better than Bank of America? ›

Bank of America pays slightly higher interest on your account balance. It also has a lower monthly fee and more options to have it waived. While the comparison between the two banks' checking accounts stacks up as a draw, the clear winner among savings accounts is Bank of America Advantage Savings.

What 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.

Which bank is strongest financially? ›

#1 Chase Bank

Headquartered on Park Avenue in New York City, Chase holds the most assets of all banking institutions. It offers numerous checking and savings accounts, investment accounts, business accounts and various types of credit cards.

Which bank is the least evil? ›

The 8 Least-Evil Banks as Determined by CNNMoney
  • Ally Bank. You can use any ATM for free as Ally reimburses any fees you may incur. ...
  • ING Direct. ING's Electric Orange checking has no ATM fees when you use one from their network. ...
  • USAA. ...
  • Capital One. ...
  • Alliant Credit Union. ...
  • PNC. ...
  • The Incredible Bank. ...
  • Charles Schwab.

Which bank is the most financially stable? ›

The safest banks in the U.S. for April 2024
BankThe Ascent's RatingFDIC Insured?
Capital One4.50Yes
American Express® National Bank4.50Yes
Quontic4.50Yes
Chase4.50Yes
6 more rows
Apr 11, 2024

What is the #1 online bank? ›

Best Online Banks (April 2024)
Online BankChecking APY*Savings APY*
Discover Bank Compare Rates0.00%4.30%
SoFi Bank Compare Rates0.50%1.20% to 4.60%
Ally Bank Compare Rates0.10% to 0.25%4.35%
Varo Bank Compare RatesNot offered3.00% to 5.00%
6 more rows

Is Capital One safe from collapse? ›

Your money is safe at Capital One

The FDIC insures balances up to $250,000 held in various types of consumer and business deposit accounts.

Top Articles
Latest Posts
Article information

Author: Cheryll Lueilwitz

Last Updated:

Views: 5598

Rating: 4.3 / 5 (74 voted)

Reviews: 81% of readers found this page helpful

Author information

Name: Cheryll Lueilwitz

Birthday: 1997-12-23

Address: 4653 O'Kon Hill, Lake Juanstad, AR 65469

Phone: +494124489301

Job: Marketing Representative

Hobby: Reading, Ice skating, Foraging, BASE jumping, Hiking, Skateboarding, Kayaking

Introduction: My name is Cheryll Lueilwitz, I am a sparkling, clean, super, lucky, joyous, outstanding, lucky person who loves writing and wants to share my knowledge and understanding with you.