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20 Largest Banks in the U.S.

Ruth Sarreal
Tony Armstrong
Updated

Putting your money in one of the largest banks generally means you’ll have more access to in-person services at branches, a large ATM network, and a wide array of products and services, which can be convenient if you’re looking to do all of your banking in one place.

To find the largest banks in the U.S., we looked at domestic asset sizes of institutions that serve both consumers and small businesses. The list includes commercial banks for personal banking, rather than investment banks. A bank’s assets include, among other things, the amount of its loans, mortgages and credit card accounts. Some of these banks have thousands of branches, while others are mostly — or exclusively — online. All of these banks are insured by the Federal Deposit Insurance Corp.

Based on asset size, here are the top 20 largest banks in the U.S., according to the Federal Reserve.

+ Summary of largest banks in the U.S. and approximate domestic asset size

  1. Chase: $2.81 trillion.

  2. Bank of America: $2.47 trillion.

  3. Wells Fargo: $1.81 trillion.

  4. Citibank: $1.12 trillion.

  5. U.S. Bank: $669.24 billion.

  6. Capital One: $658 billion.

  7. PNC Bank: $562.63 billion.

  8. Goldman Sachs: $559.81 billion.

  9. Truist Bank: $539.34 billion.

  10. TD Bank: $346.19 billion.

  11. BMO: $252.07 billion.

  12. First Citizens Bank: $229.27 billion.

  13. Citizens Bank: $225.86 billion.

  14. Huntington National Bank: $224.05 billion.

  15. Fifth Third Bank: $213.59 billion.

  16. M&T Bank: $212.89 billion.

  17. American Express National Bank: $211.28 billion.

  18. Ally Bank: $184.65 billion.

  19. KeyBank: $181.71 billion.

  20. HSBC Bank: $165.26 billion.

Nerdy Perspective

What are the biggest pros and cons of large banks?

If you need a big network of free ATMs or branches or a wide variety of accounts and loans, then a large bank could be useful to you. But if you want the biggest bang for your buck, you’ll get more from online banks and credit unions — their APYs are much higher, and the best ones offer an easy online experience.
Profile photo of Ruth Sarreal

Ruth Sarreal

Banking Editor & Content Strategist

Big banks are a bit like buffets in that they offer a ton of choice. But if you're looking for something specific, you might be better served by a provider that specializes in that product. Take savings accounts as an example. Savings accounts at big banks tend to have woefully low rates while online banks, which are known for their high rates, offer products that will help your funds grow more quickly.
Profile photo of Tony Armstrong

Tony Armstrong

Head of Content, Banking

The largest banks in the U.S.

1. Chase: $2.81 trillion

Chase, the largest bank for consumers and small businesses, is part of JPMorgan Chase & Co. Chase has the largest branch network out of all the biggest banks, with locations in the most states.

  • ATMs: More than 14,000.

  • Branches: More than 5,000.

  • Learn more: Chase review.

» Want to find a Chase account with a sign-up bonus? Check out the current Chase bank promotions

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2. Bank of America: $2.47 trillion

Bank of America is the second-largest bank in the country. Of the top three biggest banks in the U.S., it offers the fewest branches.

» How do the two largest banks stack up against each other? Find out in our Bank of America vs. Chase comparison

3. Wells Fargo Bank: $1.81 trillion

Wells Fargo is third in terms of domestic assets, but it comes in second for banks with the most branches. But of the top three largest banks, Wells Fargo offers the fewest number of ATMs.

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4. Citibank: $1.12 trillion

Of the banks on this list, Citibank is among those with the fewest branches, but it does have a massive domestic network of ATMs.

  • ATMs: More than 65,000 according to the bank, but customers also have access to around 90,000 machines in the Allpoint and MoneyPass networks.

  • Branches: More than 600.

  • Learn more: Citibank review.

5. U.S. Bank: $669.24 billion

U.S. Bank has tens of thousands of fee-free ATMs thanks to its partnership with MoneyPass, and about a couple thousand branches.

  • ATMs: About 40,000, including those in the MoneyPass network and more from U.S. Bank.

  • Branches: More than 2,000.

  • Learn more: U.S. Bank review.

» How do U.S. Bank and Wells Fargo compare? See our Wells Fargo vs. U.S. Bank comparison

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6. Capital One: $658 billion

The Capital One-Discover merger was finalized in May 2025. Capital One’s network features one of the largest ATM networks of any bank on this list, but relatively few branches. Some of the branches are Capital One Cafés, where customers can access free Wi-Fi to do work as well as connect with bank representatives to get information about Capital One products and services. Capital One 360, the bank’s online division, offers checking, savings and CD accounts.

7. PNC Bank: $562.63 billion

In 2021, PNC Bank acquired BBVA USA. PNC Bank now has branches in more than half the country.

  • ATMs: About 60,000; the bank may reimburse some out-of-network ATM fees.

  • Branches: About 2,300.

  • Learn more: PNC Bank review.

8. Goldman Sachs: $559.81 billion

While Goldman Sachs is known as an investment bank, it offers consumer banking products and wealth management through Marcus by Goldman Sachs. Its high-yield savings account and CDs are online-only and offer competitive interest rates.

9. Truist Bank: $539.34 billion

Truist Bank is the result of the 2019 merger of BB&T and SunTrust Bank. Its headquarters are in Charlotte, North Carolina.

10. TD Bank: $346.19 billion

TD Bank’s physical reach is less widespread than that of other large banks. Its ATMs and branches are available only along the East Coast.

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11. BMO: $252.07 billion

BMO (formerly BMO Harris) offers services at more than 1,000 branches and provides free access to thousands of ATMs.

  • ATMs: More than 40,000 fee-free ATMs in the U.S., including those in the Allpoint network.

  • Branches: More than 1,000.

  • Learn more: BMO review.

12. First Citizens Bank: $229.27 billion

After a merger in January 2022, CIT Bank became part of First Citizens Bank (aka First-Citizens Bank & Trust Co.). First Citizens took over Silicon Valley Bank’s accounts in March 2023 after SVB failed.

13. Citizens Bank: $225.86 billion

Although Citizens Bank has relatively few ATMs, customers can get service at about a thousand branches in the Northeast and Midwest. Citizens acquired the East Coast branches of HSBC Bank in early 2022, after HSBC narrowed its focus to wealth management and high net worth clients.

14. Huntington National Bank: $224.05 billion

Huntington National Bank has a fair number of branches, but its presence is mainly in the Midwest.

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» Want to learn how your money is protected in a bank? Read about FDIC insurance

15. Fifth Third Bank: $213.59 billion

Fifth Third Bank has branches in about a dozen states, but its ATM network includes thousands of machines nationwide.

  • ATMs: More than 40,000, including those in the MoneyPass network.

  • Branches: More than 1,000.

  • Learn more: Fifth Third Bank review.

16. M&T Bank: $212.89 billion

M&T Bank (aka Manufacturers and Traders Trust Co.) is headquartered in Buffalo, New York. The bank has ATMs in two states where it doesn’t have branches: Florida and Rhode Island.

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17. American Express National Bank: $211.28 billion

American Express National Bank is only available online. In early 2022, the bank launched its Rewards Checking Account, available to consumers who’ve had an American Express credit card for at least 35 days. The bank’s savings rates are competitive among what you’ll find online or elsewhere.

See more information from American Express

American Express says: "At Allpoint® and MoneyPass® locations in the U.S., you can withdraw cash and get balance information with no fee. Access to ATMs outside of the Allpoint® and MoneyPass® networks are subject to fees by the ATM owner and/or network. ATM withdrawal limits apply. American Express applies foreign exchange fees to withdrawals in foreign currencies. American Express does not accept ATM cash deposits into your Business Checking account at this time. Visit americanexpress.com/atm-locator to find participating ATMs in the U.S."

18. Ally Bank: $184.65 billion

Ally is only available online and is one of just three banks on this list without any branches. Customers can access their cash for free through machines within a large ATM network.

  • ATMs: More than 75,000, including those in the Allpoint and MoneyPass networks.

  • Branches: 0.

  • Learn more: Ally Bank review.

19. KeyBank: $181.71 billion

KeyBank offers a large ATM network as well as branches in over a dozen states.

  • ATMs: More than 40,000 in the Allpoint network.

  • Branches: About 950.

  • Learn more: KeyBank review.

20. HSBC Bank USA: $165.26 billion

HSBC sold most of its U.S.-based business to Citizens Bank and Cathay Bank in early 2022. HSBC now offers premium deposit accounts only.

  • ATMs: More than 40,000, including those in the Allpoint network.

  • Branches: 21.

  • Learn more: HSBC Bank review.

» Want to earn a cash bonus for opening a new bank account? Check out our best bank promotions

Frequently Asked Questions
What is the largest bank in the U.S.?
Chase, part of JPMorgan Chase & Co., is the largest bank by asset size in the U.S., including deposits from checking and savings and other accounts, plus loans, mortgages and more. It has $2.81 trillion in domestic assets, according to the latest information from the Federal Reserve.
What are the five largest banks in the U.S.?
The five largest banks in the U.S., according to domestic assets, are Chase, Bank of America, Wells Fargo Bank, Citibank and U.S. Bank.
What makes big banks different from smaller banks?
Generally, big national banks serve more of the country than regional or community banks do. A regional bank might be limited to serving a few neighboring states; a community bank might serve only one city within a state.
National banks tend to have more technological resources and a wider variety of products than smaller banks; on the other hand, smaller banks can offer more personalized service.
Some of the biggest banks in the U.S. (according to their assets) are also regional banks, serving a smaller area than big-name banks such as Chase and Bank of America. These banks may offer in-person services to a specific region as well as a robust menu of services and accounts online.
Is my money safer in a national bank vs. a regional bank (or a national credit union vs. a regional credit union)?
Your money is equally safe in any bank that's insured by the Federal Deposit Insurance Corp. As long as your bank has this protection, you're insured for up to $250,000 per person, per ownership category, per bank.
Similarly, your money is equally safe in any credit union that’s insured by the National Credit Union Administration. Credit unions that have this protection insure your money for up to $250,000 per person, per account, per credit union.

METHODOLOGY

Banks are ranked according to the size of their domestic assets, including loans, mortgages and credit card accounts. This data is accurate as of December 31, 2025, according to the latest information from the Federal Reserve.

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