These are the 20 largest banks in the US

The 20 largest consumer banks held a combined total of around $14.5 trillion in domestic assets as of June 2026. Many of these banks have been around for over a century. They typically offer a wide product variety and in-person banking services at a large branch network. 

These are the biggest banks in the U.S. by their domestic assets, according to the latest numbers from the Federal Reserve. Domestic assets are those a bank holds in its U.S. offices, while global assets also include holdings at its foreign office. We don’t include investment- or business-only banks on this list.

1. JPMorgan Chase

Chase Bank is the consumer banking division of JPMorgan Chase. It has more branches than any other bank in the U.S., with locations in all 48 contiguous states. And if you prefer to bank from your phone, Chase also has a well-regarded mobile app.

• Assets: $2.88 trillion
• ATMs: more than 14,000
• Branches: more than 5,000

2. Bank of America

Bank of America serves about 70 million consumers and small business clients worldwide. Like many of the biggest banks, it offers robust digital tools, including a versatile mobile app.

• Assets: $2.49 trillion
• ATMs: about 15,000
• Branches: about 3,600

3. Wells Fargo

Wells Fargo was founded in 1852, but it has faced scrutiny from regulators following multiple offenses, including opening fake accounts. In June 2025, the Federal Reserve removed the asset growth restriction it had been under since 2018. Also in 2025, it settled a class-action lawsuit for misleading consumers. So despite its good account features and status as a large bank, you may want to choose a different option.

• Assets: $1.89 trillion
• ATMs: more than 11,000
• Branches: more than 4,100

4. Citibank

Citibank serves customers in nearly 670 branches across the U.S., and its network of fee-free ATMs means you can access your money without excess charges. In addition to deposit bank accounts, Citi offers wealth management, loans and credit cards, among other services.

• Assets: $1.21 trillion
• ATMs: more than 65,000 
• Branches: about 670 

5. U.S. Bank

U.S. Bancorp is the bank holding company and parent company of U.S. Bank, which began life in 1863 as the First National Bank of Cincinnati. U.S Bank has branches in more than half of the 50 states.

• Assets: $695.46 billion
• ATMs: more than 40,000
• Branches: about 2,100

6. Capital One

Capital One is well known for its credit card offerings, but the Fortune 500 company also offers traditional banking services including savings and checking accounts. In addition to branches, Capital One bank customers in select cities have access to Capital One Cafés, which are coffee shops with free Wi-Fi where they can open accounts and attend financial workshops. 

• Assets: $661.66 billion
• ATMs: more than 70,000
• Branches: around 250

7. Marcus by Goldman Sachs

Goldman Sachs is a global investment banking, management and securities firm. Its clients have access to a variety of financial services, including banking products through Marcus, its online banking arm that debuted in fall 2016. 

• Assets: $628.21 billion
• ATMs: N/A, Marcus does not offer debit cards. 
• Branches: 5 — although only three locations offer full-service banking

8. PNC

PNC was founded as Pittsburgh Trust and Savings Co. in 1845. Today, the bank has locations in 28 states and Washington, D.C. PNC has plans to open more than 300 new branches by 2030 and renovate more than 1,200 locations through 2029.

• Assets: $603.68 billion
• ATMs: about 60,000
• Branches: about 2,400

9. Truist

Truist is the bank formed by the merger of BB&T and SunTrust. The two banks together have more than 275 years of combined history. Truist has branches in 17 states and Washington D.C. and serves 15 million clients.

• Assets: $548.13 billion
• ATMs: around 2,800
• Branches: more than 1,900

10. and 15. Morgan Stanley Bank NA and Morgan Stanley Private Bank

Morgan Stanley was founded in 1935 and now operates in more than 40 countries. Morgan Stanley currently does business as two FDIC-insured banks: Morgan Stanley Private Bank, National Association (MSPBNA) and Morgan Stanley Bank, N.A. (MSBNA). Part of the reason the bank does this is it allows it to offer higher federal insurance deposit limits to its customers. In 2020, Morgan Stanley completed the acquisition of E-Trade to provide consumer bank accounts.

• Assets: $344.46 billion and $250.43 billion, respectively
• ATMs: N/A — customers get unlimited ATM fee reimbursements domestically
• Branches: 0

11. TD Bank

TD Bank is the U.S. commercial banking arm of Canada’s TD Bank Group. Customers have access to mortgages, deposit accounts, credit cards and products for commercial and small business clients. Branches are concentrated along the East Coast.

• Assets: $342.80 billion
• ATMs: around 2,600
• Branches: around 1,100

12. Fifth Third

Fifth Third is a Cincinnati-based regional bank with a strong presence in the Midwest and Southeast. Its February 2026 merger with Comerica added branches in Texas, Arizona and California. It offers checking, savings, CDs, credit cards, loans and mortgages, along with access to insurance, investment products and business banking options.

• Assets: $298.61 billion
• ATMs: about 21,300 (reported by the bank after the Comerica merger)
• Branches: about 1,500

13. Huntington

Huntington is a regional bank holding company headquartered in Columbus, Ohio, Its consumer-friendly features include a free checking account and a 24-hour overdraft fee grace period. A February 2026 merger with Cadence Bank grew its network of branches from the Midwest into Texas and the South.

• Assets: $284.1 billion
• ATMs: over 1,400
• Branches: about 1,600

14. BMO

BMO is both a personal and commercial bank in the U.S., but it has roots in Canada as the Bank of Montreal. In the U.S., it provides credit cards, loans, mortgages and investing products in addition to deposit accounts. It also offers cross-border banking solutions for customers with accounts in both the U.S. and Canada.

• Assets: $254.97 billion
• ATMs: 40,000
• Branches: more than 40,000, including BMO ATMs and Allpoint network ATMs

15. Morgan Stanley Private Bank

See Morgan Stanley Bank NA

16. First Citizens Bank

First Citizens Bank has been around for more than 125 years and offers services for personal, business and commercial banking as well as wealth management. It has branches in 22 states, with the biggest presence in the Carolinas.  

• Assets: $236.24 billion
• ATMs: at least 500
• Branches: more than 500

17. Citizens Bank

Citizens Bank dates its history to 1828 in Rhode Island and currently has branches in 16 states and Washington D.C. It offers banking services to a broad range of customers, including individual consumers, small business and large corporations.  

• Assets: $232.52 billion
• ATMs: more than 2,100
• Branches: more than 900

18. M&T Bank

M&T Bank was founded in 1856 and is headquartered in Buffalo, New York. Its 2022 acquisition of People’s United Financial expanded its New England presence, and it now serves customers from Maine to Virginia. 

• Assets: $218.76 billion
• ATMs: more than 1,600
• Branches: more than 950 in 13 states and Washington, D.C.

19. American Express

American Express National Bank is the online-only banking arm of American Express. It offers a high-yield savings account and CDs, plus a rewards checking account open to eligible Amex Basic Consumer Card members and existing savings or CD customers. There are no branches and cash deposits aren’t accepted, but customers can reach the bank by phone around the clock.

• Assets: $213.95 billion
• ATMs: access to 70,000-plus fee-free Allpoint and MoneyPass ATMs with Rewards Checking
• Branches: 0

20. KeyBank

KeyBank is a Cleveland-based regional bank that celebrated its 200th anniversary in 2025. It serves customers in 15 states, from Maine to Alaska, and offers checking, savings, CDs, loans and wealth management services.

• Assets: $188.56 billion
• ATMs: more than 40,000 KeyBank and Allpoint ATMs
• Branches: 950 in 16 states

Is a big bank right for you?

Large banks offer real conveniences, but they’re not the best fit for everyone. Here’s how to decide, based on what matters most to you.

If you value in-person access almost anywhere in the country, choose a bank with a large branch network. Big banks offer thousands of branches, so you’re more likely to find a teller, banker or safe deposit box when you travel or move. If you rarely visit a branch, that advantage matters less.

If you want ATMs nearby, choose a bank with a large ATM network. The biggest banks offer tens of thousands of ATMs, and many partner with other ATM networks so cash withdrawals are usually convenient. Check a bank’s ATM locator for your area before you open an account.

If you want everything under one roof, choose a bank with a wide range of products. Large banks typically offer checking, savings, CDs, credit cards, mortgages and investing services, so you can manage most of your finances in one place. However, if you only need one product such as a savings account, a specialized bank may serve you just as well.

If you want a sign-up bonus, a big bank may be a good fit. Large banks often pay bonuses to new customers, sometimes in the hundreds of dollars. Read the fine print first to make sure you can meet the requirements to earn the bonus.

If you want the highest yield on your savings, consider an online bank instead. Large banks tend to pay low returns on savings accounts and CDs. A high-yield savings account at an online bank can earn considerably more.

If you want to avoid monthly fees, look closely at the fee schedule or consider an online-only bank. Large banks with branches often charge monthly service and overdraft fees that you won’t find at banks that operate strictly online. Some fees can be waived, but usually only if you meet requirements.

If you want to avoid out-of-network ATM fees, choose a bank with a large network or reimbursement program. The average total out-of-network fee was $4.86 in 2025, according to Bankrate’s most recent checking account and ATM fee study. When choosing a new bank, look for one that has fee-free ATMs near you or that reimburses out-of-network fees charged by other banks when you use their ATMs. Some banks also partner with third-party companies such as Allpoint and MoneyPass for expanded access.

Frequently asked questions

• Are account bonuses worth switching banks for?

  It depends. Some large banks pay bonuses of hundreds or even thousands of dollars for opening an account and meeting minimum deposit requirements. Keep in mind, however, that banking is often a long-term relationship: savings account holders keep their account for an average of 17 years, Bankrate’s most recent checking account survey found. As such, it pays to look beyond the short-term incentive of an introductory bonus.

  Consider a $200 bonus for opening a savings account with $10,000. If the account earns just 0.35% APY, you’d earn around $356 in interest over 10 years, plus the $200 bonus. The same $10,000 in an account earning 4% APY with no bonus would earn around $4,800, according to Bankrate’s savings calculator. That’s more than eight times the bonus and its interest.

• Is a bigger bank safer than a smaller one?

  When it comes to your deposits, no — as long as you’re with a bank that’s covered by federal deposit insurance. The Federal Deposit Insurance Corp. (FDIC) insures deposits up to $250,000 per depositor, per insured bank, per ownership category. That limit is the same regardless of a bank’s size. The FDIC covers deposit accounts like savings and checking accounts, CDs and money market accounts, but not stocks, bonds or mutual funds, even if you buy them through your bank.

  If you have more than $250,000 in a bank, the amount over the limit isn’t protected. To stay covered, consider splitting your money among multiple FDIC-insured banks. Keep in mind that coverage could increase if two people are joint owners of an account because each owner is insured for up to $250,000. Therefore, if a couple had $500,000 in a joint savings account, all their money would be insured by the FDIC if they didn’t have any other money in a joint account at that bank.

• Which is the largest bank in the U.S.?

  JPMorgan Chase is the largest U.S. bank by domestic assets, with $2.88 trillion as of June 30, 2026, according to the Federal Reserve. Bank of America ($2.49 trillion), Wells Fargo ($1.89 trillion) and Citibank ($1.21 trillion) follow. Domestic assets are those a bank holds in its U.S. offices, while global assets also include holdings at foreign offices. Citigroup, for example, holds only about 60% of its assets domestically.