The USA is the home of banks, whether you are looking for commercial banks or personal, small banks or largest, you will find all kinds of banks in the USA.
Top 20 largest banks in the US
Here is the list of the 20 Biggest banks in the US by total assets, market capitalization, revenue, deposits, employees, branches, and customer accounts. Go through the whole table for getting your answer.
|Rank||Bank Name||Total Assets Billion($)||Market Capitalization ($) billion||Recent|
Revenue $ Billion
|Deposit In Billion ($) Nearly||Employees (Nearly)||Branches (Nearly)||Accounts In Million (Nearly)||Headquarters|
|1||JPMorgan Chase||$4,000||$488.47||$154.8||$2,200||257,400||5,000||61||New York, United States|
|2||Bank of America||$3,169||$325||$115||$1,800||212,000||4,400||66||Charlotte, North Caroline|
|3||Citigroup||$2,417||$123||$101||$1,300||203,999||2,350||23||New York, United States|
|4||Wells Fargo||$1,881||$197||$83||$1,300||260,000||7,100||25||San Francisco, California|
|5||Golden Sachs||$1,538||$100||$47.4||$271||40,000||Online Only||No Info||New York|
|6||Morgan Stanley||$1,180||$182||$54||$257||70,000||250||5||New York|
|8||Charles Schwab Corporation||$577||$105||$20.8||$464||31,000||360||No Info||Westlake, Texas|
|9||PNC Financial Service||$557||$85||$23.5||$269||51,000||2,200||12||Pittsburgh, Pennsylvania|
|10||Truist Financial||$509||$84||$25.4||$345||59,500||2,800||15||Charlotte, North Caroline|
|11||Capital One||$444||$45||$38.8||$318||51,500||500||No Info||McLean, Virginia|
|12||TD Bank US||$430||Nearly $116||$49||$412||90,000||1,200||9||Cherry Hill, New Jersey|
|13||Bank of New York Mellon||$384||$36||$20||$445||41,500||Online Only||No Info||New York|
|14||HSBC Bank USA||$341||Nearly $123||$49.5||$208||21,500||200||No Info||New York|
|15||State Street Corporation||$302||$25||$14||$242||39,000||Online Only||No Info||Boston, Massachusetts|
|16||American Express||$228||$93||$55.6||$130||63,000||Online Only||No Info||New York|
|17||First Republic Bank||$223||Nearly $38||$5.91||$175||5,500||80||No Info||San Francisco, California|
|18||Ally Financial||$192||$14||$12.2||$150||12,000||Online Only||10.5||Detroit, Michigan|
|19||Citizens Financial Group||$160.5||$16||$9.1||$76||17,500||1,000||3||Providence, Rhode Island|
|20||M&T Bank||$155||$17||$8.61||$122||16,500||700||3||Buffalo, New York|
Largest Banks In The US By States
What are the largest commercial banks in the US?
Commercial banks are those banks that accept deposits from customers. Usually, these types of banks earn money through loans in the form of interest from the customers. The following are the major financial institutions in the USA market.
- JPMorgan Chase (The Biggest Bank In USA)
- Bank of America (One Of The Biggest Banks In United States)
- Wells Fargo
What are the largest community banks in the US?
Community banks are referred to as small banks then commercial banks and normally work within the specified location. These banks normally work for the development of a specific country by providing different services such as loans, banking services and checking and saving accounts, etc.
There are more than 2200 plus community banks in the USA, some of the most popular community banks in the USA are:
- East West Bank
- City National Bank
- Flagstar Bank
- First Financial Bank
- United Community Bank
What are the Major custodian banks in the US?
Custodian banks are referred to as those banks that held assets by the clients for the purpose of safeguarding. Normally these banks provide services such as the safekeeping of an asset, pension funds, and trade settlements.
Some of the best banks in the US by AUC:
- State Street Corporation
- Bank of New York Mellon Corporation
- JPMorgan Chase and Corporation
- Citigroup Incorporation
- Northern Trust Corporation
- BNP Paribus USA
What are the popular Banks in the USA By Digital Banking?
The term digital bank refers to a bank that operates online without a physical branch or location, it is also called neobanks or online banks.
The financial products are the same as the other banks provide the only difference is the digital existence. The following are the most popular digital banks in the USA:
- Ally Bank
- Varo Money
- Capital One 360
What are the largest Banks In The US That Are Privately Owned?
Private banks are those banks that are owned by a single person, group, or family shareholders. The public shareholders are not involved in the possession of this type of bank. Following are the privately owned banks in the USA.
- OneWest Bank
- Arvest Bank
- First Bank
- MidFirst Bank
- Emigrant Bank
What are the largest Banks In The US In Terms Of Investment?
- JPMorgan Chase & CO
- Goldman Sachs Group Incorporation
- Morgan Stanley
- Bank of America Group
- Citigroup Incorporation
According to the recent report of the year 2021, the following banks are the most significant investment banks in the USA.
What are the largest international banks in the US?
JPMorgan Chase work as an international bank and is ranked among the most valuable banks in the world, Citigroup is also a reputable financial institution in the USA that has branches across the world. Other banks in the USA that are also involved in the list of Largest international banks are as follows:
- HSBC Holding
- Credit Suisses Group AG
- BNP Paribus USA
What are the largest Banks In The US By Mortgage Banking?
According to a recent report from official sources, the top lending financial institutions that provide mortgages are the followings:
- Rocket Mortgage (One Of The Richest Banks In The US)
- United Shore Financial
- Wells Fargo (One Of The Largest Banks In The United States)
- Freedom Mortgage
- JPMorgan Chase
- Caliber Home Loan
- Guild Mortgage
- Bank of America
- Fairway Independent Mortgage
What are the top merchant banks in the US?
Merchant banks are those banks that provide financial services to businesses for their growth in the long term. The most popular merchant banks in the United States that work on a large scale are:
- JPMorgan Chase
- Goldman Sachs
- Morgan Stanley Capital Partner
- Blackstone Capital Partner
What are the largest national banks in the US?
The following are the biggest national banks in the USA:
- Ally bank: Choice many customers
- Schwab Bank: Provides a large number of an ATM network
- SoFi Bank: Best for checking
- Wells Fargo: Provide the best physical service with a wide network of branches
Which is the largest family-owned bank in the US?
Emigrant Bank is the largest family-owned bank in the USA with $8.1 billion in assets.
Which US bank is the most profitable?
JPMorgan Chase is the most profitable bank in the United States for so long. In the recent report of 2021, JPMorgan reported more than $11 billion in net profit, making it one of the most favorable and profitable banks in the US. Chase Bank is listed among the top banks in the US and the most used bank in America.
Which is the 16th largest bank in the US?
American Express is the 16th largest bank in the US with total assets of $228 billion USD.
NOTE: Make sure to research yourself before making any decision about the investment.