Overall bank rating
The bottom line: Utah-based America First Credit Union offers free checking and savings options, which give access to the CO-OP ATM network nationwide. Certificates of deposit also have attractive features, including rates that are competitive with online banks’. (But if you want high rates and more access to your money, check out NerdWallet’s best online savings accounts.) Membership is mostly restricted to people in a handful of counties in Utah, Arizona, Idaho and Nevada, along with workers in Utah’s food industry. Branches are similarly limited to the West. Best if: You’re eligible to be a member and want high CD rates or low-cost bank accounts.
- Competitive yields on certificates of deposit.
- Free nationwide access to thousands of ATMs.
- No monthly fees on checking or savings accounts.
- Limited membership in a handful of Western states.
- $25 overdraft fee, charged if your checking account goes negative.
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, banking 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.