Top 10 Largest Banks in the US 2023
Here is the list of top 10 US banks in 2023.
|
Range |
Bank |
Assets (in billions) |
Number of branches |
Number of ATMs |
|---|---|---|---|---|
|
1 |
JPMorgan Chase & Co. |
$3.7 |
4,700 |
16,000 |
|
2 |
Bank of America |
$2.8 |
4,300 |
17,000 |
|
3 |
Wells Fargo |
$1.9 |
5,400 |
13,000 |
|
4 |
citi group |
$1.8 |
700 |
1,800 |
|
5 |
US Bancorp |
553 billion dollars |
2,900 |
4,600 |
|
6 |
PNC Financial Services |
523 billion dollars |
2,400 |
18,000 |
|
7 |
capital one |
$425 billion |
500 |
2,000 |
|
8 |
TD Bank |
$384 billion |
1,200 |
2,800 |
|
9 |
HSBC United States |
$175 billion |
200 |
330 |
|
10 |
Allied bank |
$180 billion |
Online only |
Wide network of ATMs |
1. JPMorgan Chase & Co.
JPMorgan Chase & Co. is the largest bank in the United States, with assets totaling more than $3.2 trillion. The bank offers a wide range of financial services, including personal banking, credit cards, investment banking and wealth management. With more than 5,000 branches and 16,000 ATMs nationwide, JPMorgan Chase & Co. is also one of the most accessible banks for customers. The bank has received high marks for its customer service and mobile banking capabilities.
2. Bank of America
Bank of America is another giant in the banking industry, with assets totaling more than $2.8 trillion. The bank offers a range of financial services, including personal banking, credit cards, investment banking and wealth management. Bank of America has an extensive network of branches and ATMs, making it easy for customers to access their accounts. The bank also received high marks for its mobile banking app and customer service.
3. Wells Fargo
Wells Fargo is the third largest bank in the United States, with assets totaling more than $1.8 trillion. The bank offers a range of financial services, including personal banking, credit cards, investment banking and wealth management. Wells Fargo has more than 7,200 branches and 13,000 ATMs nationwide, making it one of the most accessible banks for customers. The bank also received high marks for its mobile banking app and customer service.
4. Citi Group
Citigroup is another major player in the banking industry, with assets totaling more than $1.7 trillion. The bank offers a range of financial services, including personal banking, credit cards, investment banking and wealth management. Citigroup has a global presence, with operations in more than 160 countries. The bank has received high marks for its mobile banking app and customer service.
5. US Bancorp
US Bancorp is the fifth largest bank in the United States, with assets totaling more than $553 billion. The bank offers a range of financial services, including personal banking, credit cards, investment banking and wealth management. US Bancorp has more than 3,000 branches and 4,000 ATMs nationwide, making it one of the most accessible banks for customers. The bank has received high marks for its mobile banking app and customer service.
6. PNC Financial Services
PNC Financial Services is a regional bank with assets totaling more than $470 billion. The bank offers a range of financial services, including personal banking, credit cards, investment banking and wealth management. PNC Financial Services has more than 2,300 branches and 9,000 ATMs in 21 states, making it one of the largest regional banks in the country. The bank has received high marks for its customer service and mobile banking capabilities.
7. Capital one
Capital One is a major player in the banking industry, with assets totaling more than $425 billion. The bank offers a range of financial services, including personal banking, credit cards, investment banking and wealth management. Capital One has more than 500 branches and 2,000 ATMs nationwide and is known for its innovative and easy-to-use mobile banking app. The bank has received high marks for its customer service and mobile banking capabilities.
8. TD Bank
TD Bank is a Canadian bank with a significant presence in the United States, with assets totaling more than $384 billion. The bank offers a range of financial services, including personal banking, credit cards, investment banking and wealth management. TD Bank has more than 1,200 branches and 2,800 ATMs in 15 states on the East Coast, making it a popular choice for customers in that region. The bank has received high marks for its customer service and mobile banking app.
9.HSBC USA
HSBC USA is a subsidiary of HSBC Holdings, a global banking and financial services company. The bank has assets totaling more than $175 billion and offers a range of financial services, including personal banking, credit cards, investment banking and wealth management. HSBC USA has more than 200 branches and 330 ATMs in the United States and is known for its global reach and experience. The bank has received high marks for its mobile banking app and customer service.
10. Allied Bank
Ally Bank is an online-only bank with assets totaling more than $180 billion. The bank offers a range of financial services, including personal banking, credit cards, investment banking and wealth management. Ally Bank does not have physical branches, but it has an extensive ATM network and offers 24/7 customer support. The bank is known for its competitive interest rates, low fees, and easy-to-use online and mobile banking capabilities.
Choosing the right bank is an important decision, and the top 10 US banks in 2023 will offer a range of financial services to meet the needs of different customers. JPMorgan Chase & Co., Bank of America and Wells Fargo are the nation’s largest banks, with extensive branch and ATM networks. Citigroup and US Bancorp are also popular choices for customers, with strong mobile banking and customer service capabilities. PNC Financial Services, Capital One, TD Bank, HSBC USA, and Ally Bank are other reputable options, each with their own unique strengths and characteristics. Ultimately, the right bank for you will depend on your individual needs, so be sure to consider factors like fees, interest rates, convenience, and customer service when making your decision.
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