Ranked #1 Most Trustworthy Bank in America (2024)

Earning a first-place ranking on Newsweek’s Most Trustworthy Companies in America list is a testament to our unyielding commitment to our mission of providing excellence in service to our customers, employees, shareholders and communities.
For more than 180 years, we have forged strong relationships built on a foundation of trust, and served our stakeholders with safe, sound and secure practices that have allowed our Company to weather any storm. Our commitment to being a trustworthy institution is deeply embedded in our culture, and we are honored to receive this recognition.

- Richard M. Adams, Jr., CEO, United Bankshares, Inc.

Ranked #1 Most Trustworthy Bank in America (2024)

FAQs

What is the most reliable bank in America? ›

Summary: Safest Banks In The U.S. Of April 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

Who is the number 1 bank in America? ›

J.P. Morgan Chase is the number one bank in America in terms of total assets held, according to the Federal Reserve.

What is the safest bank in America? ›

Safest Banks in the U.S.
  • CITIBANK. ...
  • WELLS FARGO. ...
  • CAPITAL ONE. ...
  • M&T BANK CORPORATION. ...
  • AGRIBANK. ...
  • COBANK. ...
  • AGFIRST. ...
  • FARM CREDIT BANK OF TEXAS. Farm Credit Bank of Texas is the fourth member of the U.S. Farm Credit System, providing wholesale lending and business services in states like Texas, Alabama, and New Mexico.
Feb 13, 2024

Which bank is more trusted? ›

State Bank of India (SBI): As it is managed by the Indian government and a few shareholders, the State Bank of India may be among the most reliable financial institutions.

Which bank is better Chase or 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.

Is Chase or Wells Fargo better? ›

Chase Total Checking comes with a $12 monthly maintenance fee, while Wells Fargo Everyday Checking customers are charged $10 a month. Both banks waive the fees when the accounts take in direct deposits totaling $500 or more each month. You also can avoid the monthly charges by maintaining a daily balance.

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.”

What is the most successful bank in the US? ›

JPMorgan Chase Bank

New York-based JPMorgan Chase Bank tops the Federal Reserve's list of largest banks by consolidated assets owned at $3.40 trillion, of which $2.65 trillion represents assets owned domestically.

Is chase a safe bank? ›

Is Chase Bank FDIC insured? Yes, all Chase bank accounts are FDIC insured (FDIC# 628) up to $250,000 per depositor, for each account ownership category, in the event of a bank failure.

Which banks in US are at risk? ›

Silicon Valley Bank (SVB), the 16th largest bank in the country, collapsed in a matter of days, followed by Signature Bank (SBNY) and First Republic Bank (FRB), marking the largest bank failures after Washington Mutual Bank in 2008.

What bank is the least evil? ›

Here are CNNMoney's 8 least-evil banks:
  • 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 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.

Which bank account is best? ›

Top Savings Bank Accounts of 2024
  • State Bank of India (SBI) Savings Account. Balances less than Rs. 10 Crore - 2.70% p.a. ...
  • HDFC Bank Savings Account. ...
  • Kotak Mahindra Bank Savings Account. ...
  • DCB Bank Savings Account. ...
  • RBL Bank Savings Account. ...
  • IndusInd Bank Savings Account. ...
  • ICICI Savings Bank Account. ...
  • Axis Bank Savings Account.
Apr 3, 2024

What is the most ethical bank in USA? ›

4 Ethical Banks Options to Consider
  • Atmos. Atmos is a fintech company that partners with banks to provide high-yield savings accounts for users. ...
  • Amalgamated Bank. Amalgamated Bank is a B-corp bank that is 100% carbon-neutral and union-owned! ...
  • Spring Bank. ...
  • Beneficial State Bank.

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