In addition to sunshine and hospitality, the Southeast has plenty of great financial institutions to choose from.
Here are a few favorites:
Suncoast Credit Union
Suncoast’s checking account has no monthly fees and comes with a rewards program that benefits members and, through the organization’s associated charitable giving arm, local schools. The credit union’s interest rates on share certificates, though not at the top of the market, are above the national average for banks.
To become a Suncoast member, you have to live in a Florida county near the state’s Gulf of Mexico shoreline, be an alumnus from Florida College or be related to a Suncoast member. Suncoast has dozens of offices in Florida and is a Co-op credit union, meaning members have fee-free access to thousands of ATMs across the country.
» Want to learn what makes a good bank? Learn how to choose a bank
First Citizens Bank
First Citizens Bank has branches in Florida, Georgia, North Carolina, South Carolina and Tennessee, among other states.
Interest rates on its certificates of deposit aren’t anything to write home about, but First Citizens offers checking and savings accounts that have no monthly fees and low minimum opening deposits.
First Citizens’ website is easy to navigate, and the mobile app lets you make check deposits and provides other money-management tools. Customer support is available by phone, email or Twitter, or in person.
PNC Bank is based in Pittsburgh but has a strong presence in the South, with branches spanning Alabama, the Carolinas, Georgia, Florida and Kentucky.
The bank offers an innovative combination of checking and savings accounts called Virtual Wallet, a mobile money-management tool that can help customers organize their spending and savings in a configuration of three accounts called Spend, Growth and Reserve accounts.
PNC’s standard checking and savings accounts are comparable to what the biggest national banks offer: They charge monthly service fees that are avoidable by linking direct deposits or maintaining certain minimums in your accounts.
» Not finding what you’re looking for? Compare checking accounts across the country
With many branches and ATMs nationwide and a strong presence in Florida, Georgia, Kentucky and Louisiana, Chase is a good option for those who want to keep their cash at a national bank.
Though APYs on savings accounts and certificates of deposit are low, Chase makes up for it with sign-up bonuses for new customers on both its savings and checking accounts. Chase’s Total Checking® account has a monthly fee, but it’s fairly easy to avoid with a minimum balance or by linking direct deposits to your account. Also, Chase’s mobile apps are highly rated, and customer service is accessible through a variety of channels, including by phone, email, snail mail or Twitter, or in person.
» Want to see more banks with sign-up offers? See our list of best bank bonuses
Updated Nov. 17, 2017.