Most Popular Banks By State 2024 (2024)

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Choosing where to store your money can be challenging. On the one hand, you want to shop around for the best interest rates and lowest fees. Yet on the other hand, you may want to consider customer service, branch locations and reputation.

The best banks offer desirable account features and top-notch customer service, but many of those banks exclusively operate online. If you’re after a bank with a large footprint and established reputation in your region, you may want to consider the most popular bank in your state. Here’s a list of the most popular banks by state plus tips on how to compare them.

Most Popular Banks in Each State

We determined the most popular bank in each state by looking at branch and ATM access as well as search trends. Not surprisingly, many of these institutions are some of the largest banks in the country by asset size. Others might be less familiar, but their regional footprints and perks boost their popularity with locals.

Here are the most popular banks by state:

StateBank

Alabama (AL)

Regions Bank

Alaska (AK)

Wells Fargo

Arizona (AZ)

Chase

Arkansas (AR)

Regions Bank

California (CA)

Bank of America

Colorado (CO)

Wells Fargo

Connecticut (CT)

Bank of America

Washington D.C. (DC)

Wells Fargo

Delaware (DE)

M&T Bank

Florida (FL)

Wells Fargo

Georgia (GA)

Wells Fargo

Hawaii (HI)

First Foundation

Idaho (ID)

Wells Fargo

Illinois (IL)

Chase

Indiana (IN)

Chase

Iowa (IA)

Wells Fargo

Kansas (KS)

U.S. Bank

Kentucky (KY)

U.S. Bank

Louisiana (LA)

Regions Bank

Maine (ME)

TD Bank

Maryland (MD)

M&T Bank

Massachusetts (MA)

Bank of America

Michigan (MI)

Huntington Bank

Minnesota (MN)

Wells Fargo

Mississippi (MS)

Regions Bank

Missouri (MO)

U.S. Bank

Montana (MT)

Wells Fargo

Nebraska (NE)

Wells Fargo

Nevada (NV)

Wells Fargo

New Hampshire (NH)

TD Bank

New Jersey (NJ)

Wells Fargo

New Mexico (NM)

Wells Fargo

New York (NY)

Chase

North Carolina (NC)

Truist

North Dakota (ND)

Wells Fargo

Ohio (OH)

Huntington Bank

Oklahoma (OK)

Chase

Oregon (OR)

U.S. Bank

Pennsylvania (PA)

PNC Bank

Rhode Island (RI)

Citizens Bank

South Carolina (SC)

Wells Fargo

South Dakota (SD)

Wells Fargo

Tennessee (TN)

Regions Bank

Texas (TX)

Wells Fargo

Utah (UT)

Zions Bank

Vermont (VT)

M&T Bank

Virginia (VA)

Wells Fargo

Washington (WA)

Bank of America

West Virginia (WV)

Huntington Bank

Wisconsin (WI)

BMO Harris

Wyoming (WY)

Wells Fargo

Methodology

In order to identify the most popular banks in each state, our data team reviewed 169 financial institutions across all 50 states and Washington D.C. and ranked them based on branch access, ATM access and Google Search trends.

The following weights were assigned to each category:

  • Branch access: 37.50%
  • ATM access: 37.50%
  • Google Trends searches in that state: 25%

Based on these factors, we ranked the banks in each state from most to least popular. Banks with the highest number of branches and ATMs in the state rose to the top of that state’s list. Banks with the most Google Search queries originating from that state were also given preference.

To learn more about our rating and review methodology and editorial process, check out our guide on How Forbes Advisor Reviews Banks.

What Makes Banks Popular

Several factors play into a bank’s popularity, but local presence is often chief among them. For customers used to banking in person, having access to several nearby branches and ATMs can be a deciding factor. That’s likely why national giants like Wells Fargo are popular across a wide range of states, while institutions like Huntington Bank, with a regional focus in the Midwest, are popular in Ohio and Michigan.

In addition to local presence, a long history and recognizable name help make national banks more popular than small regional banks and credit unions. While bigger isn’t necessarily better, many consumers do see national banks as more trustworthy. Forbes Advisor’s recent consumer banking survey shows that almost half of all consumers are willing to pay higher fees for accounts at more established banks.

While many consumers still choose the convenience and perceived safety of large national banks over the perks offered by online banks, online banks are growing in popularity. Brick-and-mortar banks may have secured the No. 1 spot in every state, but digital-forward banks fared well.

Quontic Bank, an online bank, ranked in the top 10 most popular banks in a number of states despite having zero branch locations. The bank offers 90,000 fee-free ATMs and is considered one of the best online banks when it comes to low fees and competitive rates. Capital One—a hybrid bank offering both low-fee online accounts and select branch locations—also made the top 10 in many places, even ranking second and third in several states.

How To Compare the Most Popular Banks

The most popular bank in your state can be a great place to start your research. But when deciding where to open an account, also consider the following questions:

  • Do the bank’s account offerings match your needs? Every bank has its own unique slate of products ranging from checking and savings accounts to certificates of deposit (CDs) to mortgages and more. Make sure the bank offers accounts that are right for you, and pay attention to account fees and balance requirements.
  • Is there a fee-free ATM nearby? If you use ATMs to withdraw cash, make sure the bank has in-network ATMs near you. Remember, many online banks do offer ATM access, so if branch access isn’t important to you, consider those as well.
  • Are interest rates competitive? This is an especially important question if you’re planning to open a high-yield savings account or CD, as rates can vary significantly by institution. Often, credit unions and online banks have more favorable rates.
  • Does the bank offer any relationship bonuses? Many institutions offer premium accounts and perks for customers who open multiple types of accounts with the bank, making it favorable to do all your banking at that institution. This could include waived account fees, higher savings rates, discounted loan rates and more.
  • Is the online portal easy to navigate? It’s likely you’ll handle most of your banking online, from transferring funds to depositing checks. Make sure your bank’s mobile app and online banking portal are easy to navigate and offer all of the features you need.
  • How is customer service? A good customer service department can help you make smart financial decisions and take care of banking issues quickly. Read reviews of the banks you’re comparing, check bank hours and look for 24/7 customer service options like live chat.

Find The Best Banks Of 2024

Learn More

Frequently Asked Questions (FAQs)

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 bank has the most branches in the most states?

Chase offers both the highest number of branches in the country and the most states with a branch location, per data from the Federal Reserve.

Why are online banks becoming more popular?

Online banking is a secure and convenient way to store your money, and it is becoming more popular. This is likely because online banks offer some of the most competitive rates and lowest fees, on top of making it easy to access your money from anywhere in the world.

Most Popular Banks By State 2024 (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.

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.

What state has the most banks? ›

The five states with the most banks as of 2021 are Texas, Illinois, Iowa, Minnesota, and Missouri.

What are the top 10 banks in the US? ›

The 10 largest banks in the U.S. are Chase, Bank of America, Wells Fargo, Citibank, U.S. Bank, PNC Bank, Goldman Sachs Bank, Truist Bank, Capital One and TD Bank.

What is the safest bank in America right now? ›

JPMorgan Chase, the financial institution that owns Chase Bank, topped our experts' list because it's designated as the world's most systemically important bank on the 2023 G-SIB list. This designation means it has the highest loss absorbency requirements of any bank, providing more protection against financial crisis.

Which US banks are most at risk? ›

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

What is the most used bank in the US? ›

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

What is the only US state with a state bank? ›

The Bank of North Dakota (BND) is a state-owned, state-run financial institution based in Bismarck, North Dakota. It is the only government-owned general-service bank in the United States.

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…

What is the best bank in the States? ›

NerdWallet's Best National Banks of 2024
  • Ally Bank: Best for Overall best bank.
  • Schwab Bank: Best for ATM access.
  • Chase: Best for Sign-up bonus and branch access (separately)
  • UFB Direct: Best for Savings.
  • SoFi Bank, N.A.: Best for Checking.
Dec 21, 2023

Who are the 5 largest banks in the US? ›

The five largest banks in the U.S., according to domestic assets, are Chase, Bank of America, Wells Fargo Bank, Citibank and U.S. Bank.

What states is Chase not in? ›

In August 2021, Chase announced that it was the first bank to have a retail presence in all 48 of the contiguous United States. The last state in the US to have a Chase branch was Montana, with the branch in Billings the first branch in the state.

Which bank has most complaints? ›

America's Worst Banks at a Glance
BankTotal complaintsComplaints per $1 billion deposited
Wells Fargo117,17384.43
Citibank85,462113.08
Bank of America128,40467.47
Capital One83,945225.88
6 more rows
Oct 10, 2023

Which bank is No 1? ›

The SBI, or the State Bank of India, is the largest bank in India by total assets, while HDFC Bank tops the list in terms of market capitalisation. 2. What is a bank's market capitalisation, and why is it important? A bank's market capitalisation is the total value of all its shares of stock.

What is the oldest bank in America? ›

Future Treasury Secretary Alexander Hamilton founds the Bank of New York, the oldest continuously operating bank in the United States—operating today as BNY Mellon.

What bank do millionaires use in USA? ›

JP Morgan Private Bank

“J.P. Morgan Private Bank is the more elite program serving ultra-high-net-worth individuals,” Naghibi said. “It offers comprehensive services in savings, checking and retirement account management. But, more than anything, it gives clients access to their bank and team with a concierge feel.”

What banks are the most trusted? ›

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

Which bank is most trusted in the world? ›

  • DBS. The Singapore-headquartered international bank, DBS Bank, was named the world's best bank in 2022. ...
  • JPMorgan Chase. JPMorgan Chase has since recovered from its financial woes in 2008, being named the world's best corporate bank. ...
  • CaixaBank. ...
  • HSBC. ...
  • Société Générale. ...
  • BNP Paribas. ...
  • CIBC Mellon. ...
  • Kuwait Finance House.

What is the most secure type of bank account? ›

Savings accounts are a safe place to keep your money because all deposits made by consumers are guaranteed by the FDIC for bank accounts or the NCUA for credit union accounts. Certificates of deposit (CDs) issued by banks and credit unions also carry deposit insurance.

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