With so many financial institutions to choose from, it can be hard to know who to trust. Bankrate’s ever-growing list of bank reviews is updated regularly. Our editorial team reviews each bank on customer service, savings accounts, checking accounts, money market accounts (MMAs) and certificates of deposits (CDs.) Sort banks by overall rating, or individual category and find the right bank for you.
Nationwide bank customers have been transitioned to Axos Bank. Axos Bank, a federally chartered savings bank, offers a broad range of financial products. This includes checking, savings, money market accounts, CDs, mortgages, and personal loans.
This bank is good for people looking for a solid online bank, with a wide network of no-fee ATMs. People looking for a full suite of loan products or the highest available rates should look elsewhere.
CIT Bank is an online bank that offers competitive annual percentage yields (APYs) on its savings accounts, with its Savings Builder in the top tier of APYs. CIT Bank doesn’t offer a checking account, but it does have a money market account – though the money market account doesn’t offer check-writing privileges or a debit or ATM card for ATM access.
PNC is a regional bank that operates in parts of the Northeast, South and Midwest. Its virtual wallet suite of products is intended to help people balance daily spending with short-term and long-term savings goals.
HSBC Direct accounts are available across the U.S. The accounts are through HSBC Bank USA, N.A. If you have an account, you can make a deposit or withdrawal at one of the HSBC locations in the U.S.
HSBC Direct's savings account offers a competitive APY, while its checking account doesn’t charge monthly maintenance fees.
Quorum Federal Credit Union is based in Purchase, New York, and serves members nationwide. Members of the credit union will have access to a variety of products, as well as digital and in-person banking.
BBVA opened its first branch in 1964 and now has 645 branches. This includes 332 branches in Texas and locations in Alabama, Arizona, California, Florida, Colorado and New Mexico. The bank also has an international presence, with accounts available in more than 30 countries.
Customers Bank has some of the most competitive APYs on its online-only savings products, though the bank requires a large minimum balance to earn those APYs. If you're looking to deposit $25,000 or more into a savings product and want a competitive yield, this may be the right bank for you.
UFB Direct is a division of Axos Bank. UFB Direct was established in 1999. The bank is a direct bank and doesn’t have any branches. It’s known for its UFB Direct Premium Money Market, which has one of the highest APYs around. It also recently launched its High Yield Savings account, which also has a top APY. However, both accounts require a minimum balance of $25,000.