What is the most stable bank in the United States?
Asset-heavy, diversified and regulated banks like JPMorgan Chase, Wells Fargo, PNC Bank and U.S. Bank are among the safest banks in the U.S. and should be considered if you are weighing your options.
Asset-heavy, diversified and regulated banks like JPMorgan Chase, Wells Fargo, PNC Bank and U.S. Bank are among the safest banks in the U.S. and should be considered if you are weighing your options.
| Bank | Assets | FDIC Insured? |
|---|---|---|
| Bank of America | $2.54 trillion | Yes |
| Wells Fargo | $1.73 trillion | Yes |
| Citi | $1.68 trillion | Yes |
| U.S. Bank | $651 billion | Yes |
JPMorgan Chase, or Chase Bank, is the biggest bank in America with nearly $3.4 trillion in assets. It boasts a vast network of over 4,800 physical branches and more than 15,000 ATMs. With generous bonuses and promotions and a variety of products, Chase is a popular choice for consumers across the country.
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.
JPMorgan Chase (JPM)
The inclusion of JPMorgan Chase (NYSE:JPM) as one of the bank stocks least likely to fail shouldn't surprise anyone.
- 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. ...
- Bank of America Private Bank. ...
- Citi Private Bank. ...
- Chase Private Client.
| Bank NameBank | CityCity | Closing DateClosing |
|---|---|---|
| Republic First Bank dba Republic Bank | Philadelphia | April 26, 2024 |
| Citizens Bank | Sac City | November 3, 2023 |
| Heartland Tri-State Bank | Elkhart | July 28, 2023 |
| First Republic Bank | San Francisco | May 1, 2023 |
| Global Top 100 | ||
|---|---|---|
| Rank | Name | S&P Rating |
| 1 | KfW | AAA |
| 2 | Zuercher Kantonalbank | AAA |
| 3 | BNG Bank | AAA |
Generally, credit unions are viewed as safer than banks, although deposits at both types of financial institutions are usually insured at the same dollar amounts. The FDIC insures deposits at most banks, and the NCUA insures deposits at most credit unions.
How many bank accounts should I have?
Money coach and certified financial planner Ohan Kayikchyan says it can make sense for a household to maintain four accounts: one checking account for monthly recurring bills and another for variable expenses, plus one savings account for emergency funds and a second for other savings goals.
| Bank/Credit Union | Forbes Advisor Rating | Monthly Maintenance Fee |
|---|---|---|
| Axos Bank Rewards Checking | 4.8 | $0 |
| PenFed Credit Union Access America Checking | 4.7 | $10 |
| Discover® Cashback Debit Checking | 4.5 | $0 |
| EverBank Yield Pledge Checking | 4.5 | $0 |
Which Bank Has the Most Complaints? In terms of sheer numbers, Bank of America tops the list with 128,404, which is the most complaints issued overall. However, when it comes to the most complaints per $1 billion deposited, Discover has the highest rate at 247.37 complaints.
America's Most Trusted® BANK
Chase produced the highest score and rank on the Net Trust Quotient Score among recognized bank brands in the study. Chase captured the 5 Star Rating with a Net Trust Quotient Score of 101.3. This is the third consecutive year in which Chase has ranked #1 in Trust.
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.
- Wells Fargo. BBB customer review rating: 1.06/5. ...
- Credit One. BBB customer review rating: 1.11/5. ...
- Bank of America. BBB customer review rating: 1.06/5. ...
- Chase Bank. BBB customer review rating: 1.1 / 5. ...
- US Bank. BBB customer review rating: 1.1 / 5.
- JPMorgan Chase. At the top of the list, JPMorgan Chase holds close to $3.38 trillion in assets. ...
- Bank of America. ...
- Citi. ...
- Wells Fargo. ...
- U.S. Bank/U.S. Bancorp. ...
- PNC. ...
- Truist Bank. ...
- Goldman Sachs.
Northern Trust Wins Five Best Private Bank Awards
We are honored to be recognized by The Financial Times Group as the Best Private Bank in multiple categories for the innovative ways we serve families and family offices. Click to access available viewer actions.
Wells Fargo, along with thousands of other financial institutions, is FDIC-insured. FDIC insurance limits cap at $250,000.
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