10 Best National Banks In America for 2022

Joseph Meyer
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Best National Banks in 2022

If you’re in the market for a national bank, you have a lot of options to choose from. In fact, there are more than 5,500 banks with a national reputation in the United States and thousands more that are regional players.

Here are 10 national banks in America to evaluate:

Allegheny Valley Bank of Pittsburgh

Allegheny Valley Bank of Pittsburgh started out as a small community bank back in 1916. Over the next 93 years, they’ve grown into one of the top student loan lenders in the nation. The bank is also known for its customer service and online and mobile banking tools.

Bank of Internet USA

Bank of Internet USA first opened for business in 1996, founded by parents who wanted to help their kids finance college. Today, the bank caters to the “digital native” demographic. Bank of Internet offers mobile banking, deposit services, a consumer loan program and FDIC-insured deposit services.

Capital One

Capital One was founded in 1994 and has grown to become the fifth largest credit card issuer in the nation. They’re also one of the largest bank marketers and offer credit cards, student loans, a personal loan program and home loans.

CIT Bank – Best Savings Rates

CIT Bank is one of the best national banks in the United States. In November of 2017, the company was acquired by the CIT Group. The bank is both a bank and a broker dealer. It offers high-yield savings accounts and certificate of deposits (CD) as well as options for individual retirement accounts and mutual funds.

CIT Bank tends to focus on higher-risk customers. Its rates are likely to be super competitive for you if you are wealthy or willing to take a big risk.

For those who are not, the bank offers adjustable, fixed, and market-driven certificates of deposit. CIT Bank is also particularly generous with child-related CDs. There are four types of CDs, each with a different rate. However, each one carries a different minimum deposit.

For consumers who want to keep their investments as liquid as possible, there is the Flex Savings account. This is a savings account with a flexible, variable interest rate. This is an easy way to keep your money safe while still earning interest.

CIT Bank offers competitive CD rates for anyone looking to invest for the longer term. The APYs are a bit lower than other banks, but the rates are still competitive, and the interest you earn is federally insured. The account also comes with diversification and partnership opportunities with GICs, GIC trusts, and CDs.

Ally Bank – Great All Around Online Bank

Ally Bank offers the best of both worlds: the best interest rates around for internet banking, paired with an online and mobile experience that won’t make you want to go back to the traditional bank.

For starters, Ally’s interest rates are the absolute best. If you’re just interested in high interest rates and not so worried about online banking, Ally offers 0.85% annual percentage yield (APY) when you open a checking or savings account and a new direct deposit is made. For a checking account, this is the highest APY you can get short of an education-based checking account.

Ally Bank has one of the catchiest jingles and slogans on the market, which I’ve heard more than I’d like to admit. The jingle is simple and catchy, along with being 100% accurate. Basically, Ally offers a great online platform, great customer service, and an efficient process if you’re looking for a bank.

Ally Banks offers a mobile-optimized (and also responsive) website, which means you can do everything you would be able to do on your desktop computer on your phone or tablet. That includes depositing checks, paying bills, transferring funds and researching interest rates.

Ally is a member of the Better Business Bureau.


Huntington Bank’s mission is to be a great company and a great place to work. The bank takes this promise seriously. Huntington Bank was named one of America’s Best Large Workplaces in 2018 by Forbes magazine.

The company’s success is tied to innovative products and excellent service. With 14,000 branch locations and a wide range of products, Huntington helps its customers pursue their dreams.

BBVA – Best Money Market Rates

The ability to access your cash quickly and with minimal fees makes these types of accounts an attractive option.

For savers looking for better rates, BBVA has the best money market rates available. The advertised APY for their top tier account is 0.95%. That’s a bit higher than the best nationally available 12-month CDs, which have a current national average APY of 0.91%.

Nationwide, the best money market account rates average just 0.24%, which is paltry by comparison.

BBVA is the best overall bank for any saver looking for a superior return.


PNC Bank

PNC Bank is headquartered in Pittsburgh, Pennsylvania. It has over 1,600 branches across 19 states and Washington D.C.

PNC Bank credit card, the PNC Red Card, was introduced in 1988. It was among the first financial instruments that allowed for online transactions.

With over 2.5 million customers, PNC Bank offers a wealth management service through its subsidiary, PNC Financial Services. The service includes life and disability insurance, portfolio management, financial advice, and wealth planning.

Bank of America

Bank of America has been in the business for more than 200 years and became one of the largest banks in the world through 600 acquisitions. It’s currently the second largest bank in the US behind JP Morgan Chase and is one of the largest banks in the entire world. Citigroup, Wells Fargo, and Goldman Sachs are its main competitors.

One of the fastest ways to find Bank of America online banking login information is to use the secure online banking login portal. You can access Bank of America online banking service anywhere by using your mobile device or computer.

Bank of America offers a variety of accounts for businesses, professionals, and individuals. It also has multiple businesses to choose from including investment, retail, and credit card services. The most popular products include The Business Double Cash Card, Chase for Business, BankAmeriDeals, and many more.

Bank of America maintained its headquarters in North Carolina until 2005, then moved its corporate head office to New York due to pressure from the government regulators and investor groups. Its headquarters is still located in Manhattan.

TD Bank

TD Bank, commonly called just “TD”, is an American bank, and the fourth largest in the United States according to total assets. It is also the largest foreign-owned bank in the United States. TD Bank, N.A. was founded in Toronto, Ontario, Canada in 1882, and did business as the Toronto-Dominion Bank until October 2007. In June of 2009, TD Bank, N.A. acquired Commerce Bank and its affiliates, Commerce Bank of Richmond and Commerce Bank of Washington, N.A., which were domiciled in the and states, respectively.

Wells Fargo

TIAA Bank – Best Investment Bank

TIAA Bank (formerly EverBank) is a full-service banking institution. This means that the bank is attached to many financial services you’d like to have, such as wealth management and investment management.

TIAA Bank was founded in 1972 as a unit of Teachers Insurance and Annuity Association of America, which is the largest provider of college investment plans in the U.S. TIAA Bank offers a complete suite of banking products and services for both personal and business banking accounts.

The product offering includes personal deposit and savings accounts, loans, credit cards, mortgages, mutual funds, investment products, and insurance/investment services. To generate new customers, the bank engages in many partnerships. These partnerships include subsidiaries, or sister companies, of TIAA Bank.

One such partnership is with American Airlines. People who purchase the credit card issued by TIAA Bank enjoy certain benefits when they fly with American Airlines, such as a discount while booking a flight and a discount on in-flight purchases.

The bank also provides its customers with the ability to open new accounts online, although you’ll need to visit one of their brick and mortar locations before you can begin banking.

Chase Bank – Best Digital Banking Product

SunTrust – Best Bank For Students

The best bank for students is SunTrust. It has the lowest student loan default rate, excellent customer service, and an easy process for requesting free P2P payments.

If you’re looking for a big bank that has a strong reputation and a wide array of services, SunTrust is the best bank for you. It ranks highly in customer satisfaction because it offers several unique services:

  • Certificate of Deposit (CDs) with a competitive yield
  • A Preferred Rewards program that helps you earn rewards, pay your bill, and pay bills online with no fee
  • Free P2P payments
  • Free financial education resources
  • ATM refunds

SunTrust Student Checking is a free account that enables you to open a CD, receive a credit card, take advantage of the free P2P payment service, and enjoy other discounts. To find out if you are eligible to apply for SunTrust Student Checking, visit the SunTrust for Students website.


Argument 5: Perceived U.S. financial system strength

Chase passed through the financial crisis in a much stronger state than many of its peers, and is financially strong. In addition to this, a much smaller percentage of Chase’s loans are non-performing than competitors.

Argument 6: (overall rating)

Overall, Chase received 4 stars out of 5.

Argument 7: Extended network of branches

Chase is currently operating over 5,100 bank branches. This makes Chase the largest retail bank in the U.S.

Argument 8: Best Customer Service

Chase offers customer service branches that will cater to their customers’ preferences. Their branches are also open evenings and weekends to ensure that customers are satisfied.

Argument 9: 24/7 Online and Mobile Access

Chase has become known for its exceptional 24/7 online and mobile banking services. Customers can log in to Chase to conduct their banking needs and pay bills.

Argument 10: Credit Score Tracker

In addition to their impressive services, Chase offers a Credit Score Tracker that, for a small monthly fee, will track your credit score and alert you if there are any changes.


One of the best UK banks that has also made it overseas to be available to everyone. The bank offers numerous competitive products to its customers. They have various lines of business that include personal and business banking, asset management and investment, and wealth management. They are the number one bank for mobile banking, they pioneered mobile banking, and are always striving to offer a better experience to their customers. They are an environmentally conscious bank, and they use a mobile app that helps you save money.

Which Bank Is Best For YOU?

If you’re planning to move your banking to one of the national banks on this list, you’ll want to know which one is best for you. Here are some simple and straightforward questions to ask yourself to help you make that decision.

Do you want to make the switch because you’re already a member of the bank and want to remain that way, or do you just want to see what else is out there?

Do you prefer sitting at a bank branch, or would you rather do everything online?

Do you want a bank that’s open late or on Saturdays?

Do you like going into your bank’s branch, talking to tellers, and carrying cash?

Do you prefer higher or lower bank fees?

Are you more willing to keep all your accounts with one bank, or do you like having multiple accounts with different banks?

Ultimately, finding the bank that’s right for you is all about figuring out your banking comfort zone and knowing exactly what you’re looking for in a bank.

About the Author

Stuart Burns is an experienced writer with thousands of articles published online about consumer banking. He writes about consumer finance for national banks at many other websites.

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