These Are The 15 Largest Banks In The US

The 15 largest consumer banks held a combined total of around $12 trillion in domestic assets as of September 2025. That means that a lot of people and businesses are keeping their money with a big bank. Most of the biggest banks have been around for a century-plus and many offer wide product variety and in-person banking services at a large branch network. 

These are the biggest banks in the U.S. by their domestic assets, according to the latest numbers from the Federal Reserve. We don’t include investment- or business-only banks on this list. 

1. JPMorgan Chase

Chase Bank is the consumer banking division of JPMorgan Chase. It has more branches than any other bank in the U.S., including in all 48 contiguous states. But if you would rather bank from your phone, Chase also has a well-regarded mobile app.

• Assets: over $2.75 trillion
• ATMs: more than 15,000
• Branches: more than 5,000
• Read Bankrate’s review of Chase Bank.

2. Bank of America

Bank of America serves about 70 million consumers and small business clients worldwide. Like many of the biggest banks, it offers robust digital tools that include a versatile mobile app.

3. Wells Fargo

Wells Fargo has been around for a long time: it was founded in 1852. The bank has gotten into regulatory trouble in the past and is focusing on repairing its fractured relationship with customers after a series of missteps. In June 2025, the Federal Reserve removed the asset growth restriction the bank had been under since 2018.

• Assets: $1.76 trillion
• ATMs: more than 11,000
• Branches: more than 4,100
• Read Bankrate’s review of Wells Fargo.

4. Citigroup

Citigroup is a global financial services corporation. It serves customers in nearly 180 countries with a physical presence in 90-plus. In addition to deposit bank accounts, Citi offers wealth management, loans and credit cards, among other services. 

• Assets: $1.11 trillion
• ATMs: more than 65,000 
• Branches: about 670 
• Read Bankrate’s review of Citibank.

5. U.S. Bancorp

U.S. Bancorp is the bank holding company and parent company of U.S. Bank, which began life in 1863 as the First National Bank of Cincinnati. U.S Bank has branches in more than half of the 50 states.

• Assets: $671.2 billion
• ATMs: more than 40,000
• Branches: more than 2,100
• Read Bankrate’s review of U.S. Bank.

6. Capital One Financial

Capital One is well known for its credit card offerings, but the Fortune 500 company also offers traditional banking services including savings and checking accounts. In addition to branches, Capital One bank customers in select cities have access to Capital One Cafés, which are coffee shops with free Wi-Fi where they can open accounts and attend financial workshops. 

• Assets: $651.6 billion
• ATMs: more than 70,000
• Branches: more than 250
• Read Bankrate’s review of Capital One.

7. PNC Financial Services

PNC was founded as Pittsburgh Trust and Savings Co. in 1845. Today, the bank has locations in 28 states and Washington, D.C. PNC has plans to open 100 new branches and renovate more than 1,200 locations by 2028.

• Assets: $558.8 billion
• ATMs: about 60,000
• Branches: 2,300
• Read Bankrate’s review of PNC Bank.

8. Goldman Sachs

Goldman Sachs is a global investment banking, management and securities firm. Its clients have access to a variety of financial services, including banking products through Marcus, its online banking arm that debuted in fall 2016. 

• Assets: $540.9 billion
• ATMs: N/A, Marcus does not offer debit cards. 
• Branches: 5 – although only three locations in New York and Utah offer full-service banking capabilities.
• Read Bankrate’s review of Marcus by Goldman Sachs.

9. Truist Financial

Truist is the bank formed by the merger of BB&T and SunTrust. The two banks together have more than 275 years of combined history. Truist has branches in 17 states and Washington D.C. and serves 15 million clients.

• Assets: $535.4 billion
• ATMs: more than 3,000
• Branches: more than 1,900
• Read Bankrate’s review of Truist Bank.

10. TD Bank

TD Bank is the U.S. commercial banking arm of Canada’s TD Bank Group. Customers have access to mortgages, deposit accounts, credit cards and products for commercial and small business clients. Branches are concentrated along the East Coast.

• Assets: $350.8 billion
• ATMs: around 2,600
• Branches: 1,100
• Read Bankrate’s review of TD Bank.

11. and 13. Morgan Stanley Bank NA and Morgan Stanley Private Bank

Morgan Stanley was founded in 1935 and now operates in more than 40 countries. Morgan Stanley currently does business as two FDIC-insured banks: Morgan Stanley Private Bank, National Association (MSPBNA) and Morgan Stanley Bank, N.A. (MSBNA). Part of the reason the bank does this is it allows it to offer higher federal insurance deposit limits to its customers. In 2020, Morgan Stanley completed the acquisition of E-Trade and provides consumer bank accounts through that entity. 

• Assets: $249.7 billion and $240.2 billion, respectively
• ATMs: N/A; customers get unlimited ATM fee reimbursements (domestically)
• Branches: 0
• Read Bankrate’s review of E*TRADE by Morgan Stanley Private Bank.

12. BMO

BMO is both a personal and commercial bank in the US but has its roots in Canada (as the Bank of Montreal). In the US, it provides credit cards, loans, mortgages and investing products in addition to deposit accounts. 

• Assets: $249.3 billion
• ATMs: 40,000
• Branches: about 1,000
• Read Bankrate’s review of BMO.

14. First Citizens Bank

First Citizens Bank has been around for more than 125 years and offers services for personal, business and commercial banking as well as wealth management. It has branches in 22 states, with the biggest presence in the Carolinas.  

• Assets: $233.1 billion
• ATMs: at least 500
• Branches: more than 500
• Read Bankrate’s review of First Citizens Bank.

15. Citizens Bank

Citizens Bank dates its history to 1828 in Rhode Island and currently has branches in 15 states and Washington D.C. It offers banking services to a broad range of customers, including individual consumers, small business and large corporations.  

• Assets: $222.1 billion
• ATMs: more than 2,100
• Branches: more than 900
• Read Bankrate’s review of Citizens Bank.

Pros and cons of large banks

Large banks often afford the conveniences of large branch and ATM networks, and sometimes, they pay generous sign-up bonuses to attract new customers. However, they often charge high fees and have high minimum balance requirements. Additionally, they tend to pay low interest rates on savings accounts. 

Pros

• Brick-and-mortar locations
• ATMs that are convenient to you
• Large variety of bank account or lending products to choose from
• Often offer bank account bonuses

Cons

• Low yields on savings and certificates of deposit (CDs)
• Often charge fees, such as monthly service and overdraft fees, that online-only banks don’t
• See more: Bankrate’s picks for the best big banks

Are bank account bonuses at large banks worth switching banks?

Some large banks offer cash bonuses in the hundreds or thousands of dollars for opening a new account and depositing a certain amount. However, banking is a long-term relationship, which means that it’s wise to think about more than getting a bank bonus now. Consider your long-term financial goals — and whether the bank fits your needs, regardless of the short-term incentive.

Checking account holders keep a checking account for an average of 19 years, according to Bankrate’s latest Checking Account Survey, while savings account holders have typically had the same account for 17 years. 
With that in mind, you have to do the math: Sometimes a high-yield savings account will end up being a better deal than a savings account bonus at a brick-and-mortar bank.