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NerdWallet’s Bank and Credit Union Reviews

At NerdWallet, we strive to help you make financial decisions with confidence. To do this, many or all of the products featured here are from our partners. However, this doesn’t influence our evaluations. Our opinions are our own.

NerdWallet’s experts have reviewed and rated dozens of banks and credit unions to help you find those with the best accounts, branch and ATM availability, customer service and more.

Below is an overview of the financial institutions that we’ve analyzed, with a special spotlight on three that received high ratings for both checking and savings products.

+ Skip ahead to online banks
+ Skip ahead to banks and credit unions with branches

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Highly-Rated Banks and Credit Unions

Alliant Credit Union

4.5 NerdWallet rating
  • Over 80,000 free ATMs; interest checking available
  • 2.10% savings APY

Ally Bank

4.5 NerdWallet rating
  • Over 43,000 free ATMs; interest checking available
  • 2.20% savings APY
Discover

at Discover,

Member, FDIC

Discover Bank

4.5 NerdWallet rating

Although these financial institutions are the best of the pack, there are plenty of other good options out there. Below are links to reviews of over 50 additional banks and credit unions.

Online banks

What online banks lack in branches, they make up for with low fees, high annual percentage yields (APYs) and helpful budgeting tools. These banks are typically FDIC insured and invest heavily in online security. Your money is just as safe at an online bank as it is at a traditional financial institution.

For more information, check out the following bank reviews.

Ally

Ally Bank

4.5 NerdWallet rating

Ally is a popular destination for people seeking strong rates, top-notch customer service and
helpful tools.

American Express

American Express National Bank

4.0 NerdWallet rating

American Express National Bank offers highly competitive interest rates on its savings account and certificates of deposit, but doesn’t offer a checking option.

Aspiration

Aspiration

4.0 NerdWallet rating

Aspiration offers an interest-bearing checking account with a good annual percentage yield and free access to all ATMs.

Bank of Internet USA

Axos Bank

4.0 NerdWallet rating

Unlike many of its competitors, Axos Bank offers a range of checking accounts that come with a variety of perks.

Bank5 Connect

Bank5 Connect

4.0 NerdWallet rating

Bank5 Connect offers access to thousands of free ATMs and generous fee reimbursements.

Barclays

Barclays

4.0 NerdWallet rating

What Barclays lacks in checking account products it makes up for with its impressive selection of savings accounts and CDs.

Capital One

Capital One 360

4.5 NerdWallet rating

Capital One’s tools are some of the best in the business. The bank also offers a full-service online experience and a great mobile app.

Chime

Chime

4.0 NerdWallet rating

Chime is a mobile-only bank that offers a checking, or “spending,” account and automatic savings.

CIT Bank

CIT Bank

4.0 NerdWallet rating

CIT Bank has an online high-yield savings account but no checking account. It’s a good place to park your money and earn interest.

Citizens Access

Citizens Access

3.5 NerdWallet rating

Citizens Access, the online offshoot of parent bank Citizens Bank, offers a savings account and CDs with top-notch rates.

Discover

Discover Bank

4.5 NerdWallet rating

Discover Bank’s free ATMs, free checks and fee-free services mean you keep more money in your pocket.

FNBO

FNBO Direct

4.0 NerdWallet rating

FNBO has excellent checking and savings accounts but its CD options have low rates.

GoBank

GoBank

3.0 NerdWallet rating

GoBank is ideal for those who are comfortable doing their banking online.

GS Bank

Marcus by Goldman Sachs

4.0 NerdWallet rating

Marcus by Goldman Sachs won’t fulfill all of your banking needs, but it offers top-of-the-line savings rates.

Moven

Moven

3.5 NerdWallet rating

Designed for use on a smartphone, Moven boasts a real-time budgeting tool that could help you improve your finances.

Popular Direct

Popular Direct

3.5 NerdWallet rating

Popular Direct’s savings and CD rates are hard to top, but you’ll have to look elsewhere for a checking account.

Sallie Mae

Sallie Mae Bank

4.0 NerdWallet rating

Sallie Mae has excellent savings options and CDs, but doesn’t offer checking accounts.

Simple

Simple

4.0 NerdWallet rating

Simple’s checking account, goal-oriented savings accounts, tools and fee structure are as user-friendly as the company’s name suggests.

State Farm Bank

State Farm Bank

3.5 NerdWallet rating

State Farm Bank, part of the insurance giant, is an online institution with an array of banking products.

Synchrony

Synchrony Bank

4.0 NerdWallet rating

Synchrony offers relatively high rates on its savings accounts, certificates of deposit and money market accounts.

UFB Direct Bank

UFB Direct Bank

3.5 NerdWallet rating

UFB Direct Bank offers rewards for American Airlines customers.

Varo

Varo

4.0 NerdWallet rating

Varo is a mobile-only banking app with a hard-to-beat combo: free checking and high-yield savings.

» Want your cash to grow faster? Check out NerdWallet’s best high-yield online savings accounts

Financial institutions with branches

These banks and credit unions are ideal for people seeking in-person help. But keep in mind that banks with thousands of branches typically charge steep monthly fees, and APYs are often low. Credit unions tend to offer better interest rates but might not have as many branches as regional and national banks.

But there are always exceptions. Take a look at the following reviews for more information on rates, ATM and branch availability, and other services.

Alaska USA Credit Union

Alaska USA Credit Union

4.0 NerdWallet rating

Shared branching and low fees make Alaska USA a convenient banking experience.

Alliant Credit Union

Alliant Credit Union

4.5 NerdWallet rating

Alliant is unusually easy to join for a credit union. It also offers great tech tools and exceptional APYs.

America First Credit Union

America First Credit Union

4.0 NerdWallet rating

America First’s checking and savings accounts are fee-free, but the share certificates are what really shine.

Associated Bank

Associated Bank

3.0 NerdWallet rating

Associated’s checking accounts are solid, but it’s otherwise a fairly unremarkable regional bank.

Bank of America

Bank of America

3.5 NerdWallet rating

Bank of America boasts award-winning online and mobile products, as well as the branches and ATMs you’d expect from a national bank.

Bank of the West

Bank of the West

3.5 NerdWallet rating

Bank of the West has a solid branch network, and its online and mobile services make banking convenient wherever you are.

BBVA Compass

BBVA Compass

3.5 NerdWallet rating

BBVA Compass’ branches are concentrated in a handful of states, but its accounts are solid.

Boeing Employees Credit Union

Boeing Employees Credit Union

4.5 NerdWallet rating

Boeing Employees Credit Union is a nice alternative to banks if you meet its eligibility requirements.

Charles Schwab Bank

Charles Schwab Bank

4.0 NerdWallet rating

With no monthly fees or minimum balances, checking and savings accounts offer stress-free banking. ATM coverage is superior.

Chase

Chase

3.5 NerdWallet rating

Chase delivers a stellar online experience and works well for people who want all their financial needs met by one provider.

Citibank

Citibank

3.5 NerdWallet rating

Citibank’s budgeting tools are helpful, but customers will find lower fees and higher interest rates elsewhere.

Citizens Bank

Citizens Bank

3.5 NerdWallet rating

It’s easy to avoid monthly fees on Citizens’ basic checking and savings accounts, but its savings rates aren’t competitive.

Commerce Bank

Commerce Bank

3.0 NerdWallet rating

Commerce Bank is a reasonable pick if you live in its service area.

3.5 NerdWallet rating

Community First Credit Union offers accounts without monthly fees and has its own rewards program.

Connexus Credit Union

Connexus Credit Union

4.0 NerdWallet rating

The interest-bearing checking accounts at Connexus are hard to top.

Consumers Credit Union

Consumers Credit Union

4.0 NerdWallet rating

Consumers Credit Union isn’t a big institution, but its free rewards checking account lets members earn big yields.

Delta Community Credit Union

Delta Community Credit Union

4.0 NerdWallet rating

Delta offers good deposit accounts, even though some of its fees are high.

Fidelity

Fidelity

4.0 NerdWallet rating

Fidelity’s Cash Management account is an excellent place to keep your spending money, but you’ll have to look elsewhere for a savings account.

Fifth Third Bank

Fifth Third Bank

3.0 NerdWallet rating

Fifth Third has a strong branch network, but its deposit accounts leave a lot to be desired.

First National Bank

First National Bank

3.0 NerdWallet rating

Little distinguishes First National Bank from other banks, and that’s both good and bad.

Golden 1 Credit Union

Golden 1 Credit Union

4.0 NerdWallet rating

Golden 1 Credit Union is easy to join if you’re a Californian and offers great access to branches and ATMs, especially around the Bay Area.

HSBC

HSBC

3.5 NerdWallet rating

HSBC offers an excellent savings account along with decent checking options.

Huntington

Huntington Bank

3.5 NerdWallet rating

Fees on Huntington’s basic products are easy to avoid, and the overdraft policy is more lenient than most.

KeyBank

KeyBank

3.0 NerdWallet rating

KeyBank’s approach to banking includes no-frills checking accounts and good access to branches.

M&T Bank

M&T Bank

3.0 NerdWallet rating

Much like the biggest national banks, M&T provides a full array of products and services along with steep fees.

Navy Federal Credit Union

Navy Federal Credit Union

4.0 NerdWallet rating

Navy Federal is the largest credit union in the U.S. and offers solid checking and savings options.

Pentagon Federal Credit Union

Pentagon Federal Credit Union

3.5 NerdWallet rating

PenFed offers a user-friendly mobile app and an engaging website, unlike many other credit unions.

PNC Bank

PNC Bank

3.5 NerdWallet rating

With PNC Bank, you can choose traditional banking, or you can go modern and virtual.

PurePoint

PurePoint Financial

3.0 NerdWallet rating

PurePoint Financial offers good savings and CD options and doesn’t offer checking accounts.

Radius Bank

Radius Bank

4.0 NerdWallet rating

Radius Bank has good APYs and a consumer-friendly ATM fee policy.

Regions Bank

Regions Bank

3.0 NerdWallet rating

Regions has an impressive number of branches and ATMs, but its deposit accounts aren’t particularly noteworthy.

Santander

Santander Bank

NerdWallet has rated this bank:
4.0 NerdWallet rating

Santander has good savings options and cheap checking accounts, along with plenty of branches.

Security Service

Security Service Federal Credit Union

4.0 NerdWallet rating

Security Service Federal Credit Unions has good checking and savings options, but its interest rates are mostly low.

Service Credit Union

Service Credit Union

4.5 NerdWallet rating

Service Credit Union has multiple checking options and strong rates on certificates.

State Employees' Credit Union

State Employees’ Credit Union

4.0 NerdWallet rating

State Employees’ Credit Union of North Carolina has low fees and a solid ATM network.

Suncoast Credit Union

Suncoast Credit Union

4.0 NerdWallet rating

Good rates, low fees and a dedication to community accessibility make Suncoast exceptional in western Florida.

TCF Bank

TCF Bank

3.0 NerdWallet rating

TCF Bank has a lot of options, but plenty of steep fees, too.

TD Bank

TD Bank

3.5 NerdWallet rating

At TD Bank, you’ll find straightforward checking  and savings accounts, along with plenty of branches.

EverBank

TIAA Bank

3.5 NerdWallet rating

TIAA, formerly known as EverBank, offers solid CD rates, and its ATM fee policy is generous if you keep your checking account full.

Union Bank

Union Bank

3.0 NerdWallet rating

Union Bank offers a full lineup of services, but its deposit accounts come with steep fees.

U.S. Bank

3.0 NerdWallet rating

U.S. Bank offers several types of checking and savings accounts, and a wide range of CDs.

USAA Bank

USAA Bank

4.0 NerdWallet rating

USAA serves military members and their families, offering solid checking and savings accounts.

Wells Fargo

Wells Fargo

3.5 NerdWallet rating

Wells Fargo has a full range of solid financial products, but APYs are generally low.

» For more insight, check out NerdWallet’s best banks and credit unions of 2019


RATING METHODOLOGY

NerdWallet’s overall ratings for banks and credit unions are weighted averages of several categories: checking, savings, certificates of deposit or credit union share certificates, bank experience and overdraft fees.

Factors we consider, depending on the category, include rates and fees, ATM and branch access, account features and limits, user-facing technology, customer service and innovation.

The stars represent ratings from poor (one star) to excellent (five stars). Ratings are rounded to the nearest half-star.