Chase Bank in Manhattan
Andrew Seng

In the years since the financial crisis, the nation’s biggest banks have grown substantially. All in all, the top 15 largest banks now hold a combined total of $13.7 trillion in assets.

For a sense of the vast scale of that wealth, $13.7 trillion is enough to buy everyone on Earth a 13-inch MacBook Pro, with a little left over for accessories.

Of course, every year there are changes in this exclusive club. Larger banks trade places with one another, and smaller banks drop out, replaced by faster-growing rivals.
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Right now, you need at least $220.43 billion in assets to join the club, a sum so large that, if converted into $100 bills laid end to end, it would reach the moon (with several thousand miles left over to check out the view).

Here are the 15 largest banks in the U.S. by assets, according to the latest numbers from S&P Global Market Intelligence, a financial industry research firm.

Rank Bank name Total assets
1 JPMorgan Chase & Co. $2.74 trillion
2 Bank of America Corp. $2.38 trillion
3 Citigroup Inc. $1.96 trillion
4 Wells Fargo & Co. $1.89 trillion
5 Goldman Sachs Group Inc. $925.35 billion
6 Morgan Stanley $875.96 billion
7 U.S. Bancorp $475.78 billion
8 PNC Financial Services Group Inc. $392.84 billion
9 TD Group US Holdings LLC $384.07 billion
10 Capital One Financial Corp. $373.19 billion
11 Bank of New York Mellon Corp. $346.13 billion
12 Charles Schwab Corp. $282.82 billion
13 State Street Corp. $228.33 billion
14 BB&T Corp. $227.68 billion
15 SunTrust Banks Inc. $220.43 billion

1. JPMorgan Chase & Co.

Chase Bank is the consumer banking division of JPMorgan Chase. Unlike its competitors, Chase is taking steps to expand its branch network in key markets. The bank currently has nearly 5,000 branches and 16,000 ATMs. According to the bank, nearly half of the country’s households are Chase customers. Read Bankrate’s review of Chase Bank.

Assets: $2.74 trillion

Deposits: $1.49 trillion

Headquarters: New York

2. Bank of America Corp.

Bank of America serves about 66 million consumers and small business clients worldwide. Like many of the biggest banks, Bank of America is known for its digital innovation. It has more than 37 million digital clients and is experiencing success after introducing its virtual assistant, Erica, that assists account holders with various tasks. Read Bankrate’s review of Bank of America.

Assets: $2.38 trillion

Deposits: $1.38 trillion

Headquarters: Charlotte, North Carolina

3. Citigroup Inc.

Citigroup is a global financial services corporation. Its retail banking division, Citibank, is based in Sioux Falls, South Dakota. Citibank has approximately 700 branches in the U.S. and more than 1,800 branches outside of the country. U.S. customers can also access more than 65,000 fee-free ATMs. Read Bankrate’s review of Citibank.

Assets: $1.96 trillion

Deposits: $1.03 trillion

Headquarters: New York

4. Wells Fargo & Co.

Wells Fargo was founded in 1852. Although the bank has focused on consolidating and eliminating branches, it still has the most branches of any bank in the country. In addition to its main app, Wells Fargo has introduced a savings app and a mobile banking app geared toward millennials. The bank has rebranded and is focusing on repairing its relationship with customers after a series of missteps. Read Bankrate’s review of Wells Fargo.

Assets: $1.89 trillion

Deposits: $1.26 trillion

Headquarters: San Francisco

5. Goldman Sachs Group Inc.

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 made its debut in fall 2016 and began offering personal loans. Read Bankrate’s review of Marcus by Goldman Sachs.

Assets: $925.35 billion

Deposits: $164.14 billion

Headquarters: New York

6. Morgan Stanley

Morgan Stanley is a financial services firm with offices in more than 41 countries around the world. Founded in 1935, it’s known for providing a wide range of investment and wealth management services and giving back to the communities it serves through special programs and volunteer initiatives.

Assets: $875.96 billion

Deposits: $179.73 billion

Headquarters: New York

7. U.S. Bancorp

U.S. Bancorp is the bank holding company and parent company of U.S. Bank. What we’ve come to know as the fifth-largest commercial bank by assets began in 1863 as the First National Bank of Cincinnati. Multiple mergers led to the formation of the bank known today for its extensive branch network and investment in improving its digital offerings. Read Bankrate’s review of U.S. Bank.

Assets: $475.78 billion

Deposits: $348.09 billion

Headquarters: Minneapolis

8. PNC Financial Services Group Inc.

PNC is a regional bank operating in parts of the Northeast, South and Midwest. It was founded as Pittsburgh Trust and Savings Co. and in 2008, it acquired the troubled Cleveland-based National City Corp. That transaction roughly doubled the bank’s size. Today, the bank has nearly 2,480 branches.

Assets: $392.84 billion

Deposits: $271.22 billion

Headquarters: Pittsburgh

9. TD Group US Holdings LLC

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. The bank has 1,300 branches along the East Coast and is known as “America’s Most Convenient Bank” for its flexible hours. Read Bankrate’s review of TD Bank.

Assets: $384.07 billion

Deposits: $267.27 billion

Headquarters: Cherry Hill, New Jersey

10. Capital One Financial Corp.

Capital One is a Fortune 500 company with subsidiaries, including Capital One Bank. In addition to branches on the East Coast and in Texas and Louisiana, bank customers in select cities have access to Capital One Cafes, coffee shops with free Wi-Fi where visitors can open accounts and attend financial workshops. Read Bankrate’s review of Capital One and its online banking products.

Assets: $373.19 billion

Deposits: $255.11 billion

Headquarters: McLean, Virginia

11. Bank of New York Mellon Corp.

When the New York Stock Exchange opened in 1792, the Bank of New York was the first company traded. Today, Bank of New York Mellon is an investments company that serves different corporations and institutions as well as individual investors. Private banking services are available for its wealthy clients.

Assets: $346.13 billion

Deposits: $222.38 billion

Headquarters: New York

12. Charles Schwab Corp.

Charles Schwab is a financial services provider managing 11.9 million active brokerage accounts and more than 1 million retirement plan participants. In addition to wealth and asset management services, clients have access to banking and lending products through Charles Schwab Bank, including a checking and savings account.

Assets: $282.82 billion

Deposits: $219.45 billion

Headquarters: San Francisco

13. State Street Corp.

Founded in 1792, State Street Corporation is a financial services and asset management company with 40,000 employees and a global presence in more than 100 markets. The services it provides include investment research and trading and investment management. Its clients include asset owners, insurance companies and pension funds, among others.

Assets: $228.33 billion

Deposits: $162.47 billion

Headquarters: Boston

14. BB&T Corp.

Branch Banking and Trust Company began as a financial institution that focused on meeting the needs of Southern farmers. Today, the bank has more than 1,900 financial centers in Washington D.C. and 15 states. In addition to its customers in the South, it offers a wide range of services and banking products to consumers in the Midwest and along the East Coast. Read Bankrate’s review of BB&T.

Assets: $227.68 billion

Deposits: $159.77 billion

Headquarters: Winston-Salem, North Carolina

15. SunTrust Banks Inc.

SunTrust Bank is the main subsidiary of its parent company. It primarily serves customers in the Mid-Atlantic region and in the Southeast. The bank takes a proactive approach to supporting its clients and their communities through initiatives aimed at improving their financial well-being. A merger between SunTrust and regional bank BB&T is expected to be completed by the end of the year. The end result, according to S&P Global Market Intelligence, should be the nation’s eighth largest bank.

Assets: $220.43 billion

Deposits: $162.15 billion

Headquarters: Atlanta