Saturday, October 15, 2022

What Bank Has The Most Branches

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Best National Bank In The Southwest: Bank Of America

Banks closed 4,000 branches in 2021 as consumers turned to electronic banking

Branch and ATM locations: Bank of America has over 4,100 branches in 37 states, and 16,000 ATMs.

Why it stands out: Although Bank of America has fewer branch locations than Wells Fargo, it does have more ATMs in fact, Bank of America is tied with Chase for the most ATMs by a national brick-and-mortar bank. It also has branches in more states than Chase.

What to look out for: You may have to pay a monthly service fee if you don’t meet the requirements to waive it.

Best Canadian Banks By Province/territory

The digitalization of finance has made banking more accessible to all Canadians, regardless of where they live. That said, there are still differences in the accessibility of certain banks from one province or territory to the next, as not all banks are available throughout Canada.

With that in mind, we used the following criteria in assessing the best bank for each province:

  • How many branches the bank has in that province
  • What products are available for that province
  • The banks overall popularity in a given province

Banks With Most Branches In Usa

There are a 4912 local and national banks offering banking services in United Stated with nearly 77000 branches in 9991 cities. Below you can find the list of top 100 largest banks in US ranked by number of branches. You can click the logo of a bank to view the list of all offices.

The largest banks in USA with most branches are: Wells Fargo Bank with 4642 offices, Chase Bank with 4358 offices, Bank of America with 3925 offices, PNC Bank with 2538 offices, U.S. Bank with 2223 offices, Truist Bank with 2156 offices and Regions Bank with 1259 offices.

Recommended Reading: How To Contact Chase Bank

Local And Regional Banks

A regional bank is one that serves a specific area of the US. This can range from an individual state like California to an entire region like New England or the South. Typically, you need to be a resident of one of the states that a regional bank serves to qualify for an account.

Unlike big banks, local, regional, and community banks, along with , tend to focus on the specific needs of the communities they serve. These banks are known for more personal customer service, making you feel less like just a number.

Of course, the trade-off is that once you leave the community that the bank serves, you dont have access to the same financial services.

That said, regional doesnt necessarily mean small. For example, PNC bank is regionally-focused with ATMs and branches in 19 states but is one of the biggest banks in the US. Similarly, TD Bank is in the top 10 in terms of total assets but only operates on the East Coast.

Overall, a regional bank isnt the best option for those who tend to be on the road. While many regional banks offer ATM reimbursements and online banking, youre usually better off with a national bank for something closer to nationwide coverage.

However, just like the big banks, most local and regional banks are FDIC-insured, so your money is just as well protected if you go with a smaller shop.

Total Assets: $32 Trillion

Most popular bank in each state : MapPorn

The next of the Big Four banks of China, AgBank, as its also known, is the third biggest bank in the world and one of the ten largest companies on the planet.

Founded in 1951, Agbank has branches in Seoul, Tokyo, Singapore, Sydney, New York, London and many more in the world biggest cities.

Headquartered in Beijing, it employs over 444,000 people and is owned entirely by the state.

It has 320 million retail customers and 2.7 million corporate clients around the world which are taken care of from one of its 24,000 branches.

In 2010, AgBank went public, achieving the worlds biggest ever IPO at the time, which has since been beaten by Alibaba.

The banks approximate assets, according to the latest data, are in the region of $3.2 trillion.

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Which Bank Has The Highest Branches In Nigeria

Following the merger, Access Bank surpassed Standard & Poors to become Nigerias largest bank. Access Bank now employs 6,781 people and has around 600 branches throughout Nigeria, as well as two locations in the United Kingdom and a representative office in the Republic of China, the United Arab Emirates, India , and Lebanon. Access Bank is headquartered in Lagos, Nigeria .

Which Bank Should I Choose

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Banking with one of the most popular banks can mean having access to more locations and better digital features than at other banks. You might get access to a highly rated app with mobile check depositing and other time-saving features. Or you might appreciate the convenience of visiting a branch as you travel around just when you might need it the most. So it may be valuable to see whether your bank ranks among the most popular.

Here are the top banks in the U.S. by number of branches.

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The Argument For Banking With A Smaller Bank

Bank branches closing across Melbourne sparks concern | 7NEWS
  • Better deals – Due to the popularity of the big four, smaller banks will often offer better rates on savings accounts, and home loan products in an effort to attract customers. Shopping around can often save you money by finding a great deal with a smaller financial institution.

  • Lower fees – Smaller banks reduce their overhead by digitising their customer service and other services. These cuts often filter through to their customers. The bigger banks have branches all over the country, with huge numbers of staff, this means higher costs which can lead to higher fees for their customers.

  • Faster turnaround times – Major banks often have a lot going on, and may take longer to process your home loan application. Smaller banks may pride themselves on faster turnaround times enabling you to get approved for products sooner.

  • Apps – While the big four banks have pretty swish apps, smaller banks such as neobanks pride themselves on their user experience. In these apps youll often find money management tools, unique insights and other slick capabilities that other banks’ apps may not have developed.

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Branch Banking May Have Taken A Hit From The Growth Of Online And Mobile Banking Apps But Branches Continue To Play A Major Role In The Way People Access Financial Products

Bank branches have gotten a bad name over the past few years, as the growth of online and mobile banking apps have made it possible for consumers to deposit checks, transfer money, and check their account balances from the comfort of their homes. Yet, according to a recent survey, 44% of respondents still identify branches as the most preferred channel for standard banking transactions.

“As with other services in their lives, consumers want financial services on demand and on their terms,” write the authors of fiserv’s Dec. 2016 study. “Although those terms often mean always-on access through digital channels, the branch remains surprisingly resilient in terms of consumer preference and access.”

Who said digital and branch banking can’t co-exist? Image source: Bank of America.

This is why a bank’s branch network still matters, both for prospective bank customers and for investors who are looking for banks with wide competitive moats.

With this in mind, I dug through recent financial filings from the nation’s biggest banks to see which U.S. banks have the most branches. Here are the top five:


Bank of America



Data source: Second-quarter 2017 earnings releases.

Bank of America has estimated that it costs one-tenth as much to process a deposit made through its app as it does a teller-assisted deposit. JPMorgan Chase has said that the difference is even starker — $0.03 per mobile deposit versus $0.65 per branch deposit.

What Are The Top 10 Banks In The United States

According to the most recent Federal Reserve data, the top 10 retail banks in the U.S. by assets are:

  • Chase Bank

  • Capital One

  • Goldman Sachs

  • These banks typically have large branch and ATM networks and offer many different products, as well as long customer service hours. But before signing up with one, you should consider your priorities, including interest rates and accessibility.

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    The 3 Biggest Canadian Banks

    The banking system in Canada is considered to be one of the safest in the world. Since 2010, it has consistently been ranked as the world’s single largest banking system, as reported by the World Economic Forum. Below is our analysis of each of Canada’s three biggest banks, which are the Royal Bank of Canada, the Toronto Dominion Bank and the Bank of Nova Scotia.

    Top 10 Largest Customer Owned Banks

    The Most Popular Bank In Each State

    Customer-owned, or mutual banks mean customers have an equal shareholding of the bank. This is regardless of the size of their loan or deposits, and these banks do not have shareholders. Customer-owned banks typically also include credit unions and building societies, and were often founded out of providing banking services to a particular profession e.g. scientists, teachers, police and so on.

    More details

    Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest home loans with an LVR ratio of at least 80%. However, the Compare Home Loans table allows for calculations to be made on variables as selected and input by the user. All products will list the LVR with the product and rate which are clearly published on the Product Providers web site. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of July 20, 2022. View disclaimer.

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    Capital One Financial Corp

    Capital One is a Fortune 500 company with subsidiaries that include Capital One Bank. In addition to branches on the East Coast and in Texas and Louisiana, bank customers in select cities have access to Capital One Cafes, coffee shops with free Wi-Fi where visitors can open accounts and attend financial workshops. Read Bankrates review of Capital One and its online banking products.

    Assets: $381.3 billion

    Headquarters: McLean, Virginia

    Most Popular Bank By State

    No matter where you live, youll likely recognize the most popular banks.

    Chase and Wells Fargo are well known brands and they have the most branches in the U.S. And theyre also the most popular bank in nearly a third of the 50 states.

    Chase now has the most locations in the U.S. and the most branches in seven states. But Wells Fargo has the most branches in eight states and Washington, D.C.

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    National Bank Of Canada

    This bank has a wholly-owned subsidiary in the United States, Databank, which operates in Florida. You can easily open a US account with the bank thatll give you access to several banking services. Its easy to open an account with the National Bank of Canada. You can operate your account through Natbank in the US. The type of account you wish to open will determine the process.

    Scotiabank Best For Multi

    Online banking surges as more branches close across Australia | 7NEWS

    Scotiabank is Canadas third-largest bank and combines the accessibility and range of products typical of one of the Big Five with the savings and innovation associated with a leaner digital bank. Not all of Scotias products are competitive individually. But when bundled together, they can save you hundreds of dollars. Scotia stands out from the pack because it reduces or waives fees and gives account holders extra value-added benefits when you get a holistic banking package containing a Scotiabank Chequing account, a Scotiabank Savings account, and .

    Scotiabanks standout multi-product deal is its Ultimate Package. It consists of unlimited, no-fee debit transactions2 a debit card that earns Scene+TM points a welcome bonus of $300* up to 3.55% earned interest on a MomentumPLUS Savings Account1 an annual fee waiver for a Scotia credit card of the accountholders choice on select cards2 and more. The bundle typically costs $30.95 per month. However, the fee is waived for those that maintain a minimum daily closing balance of $5,000 in their chequing account or a combined $30,000 in your Ultimate Package and MomentumPLUS Savings account.

    * To qualify, certain conditions must be met. Offer ends September 30, 2022. Visit for full terms.

    1 Conditions apply. Actual interest rate will vary based on the savings period that applies. Visit to learn more.

    TM Trademark of Scene IP LP.

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    Experts’ Advice On Choosing The Best National Bank

    To learn more about what makes a good national bank and how to choose the best fit, four experts weighed in:

    We’re focusing on what will make a national bank most useful, including customer service, fees, rates, and more. Here’s what they had to say about finding a bank.

    Industrial And Commercial Bank Of China Ltd

    The ICBI banks employ 394,801 individuals, making them the worlds second-largest bank in terms of the overall workforce. The total assets of this bank are 2.04 trillion dollars, and its net income is 24.39 billion dollars. The ICBC bank was established in 1984 and is headquartered in Beijing, China. This bank provides services all over the world, with over 18,000 locations and 106 overseas branches. It is also the most lucrative and well-capitalized bank in the world.

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    New Brunswick: Td Canada Trust

    New Brunswicks best bank is TD, which provides residents with 16 branches and a number of other standalone ATMs for round-the-clock banking. TD offers plenty of chequing accounts from basic to premium, savings accounts with a range of interest rates and student, youth, and senior banking options. Theres also two US dollar account options and many cashback and rewards credit cards for New Brunswick residents to choose from.

    Fifth Third Bank: $210b

    Maptitude Map: Most Popular Banks

    Fifth Third Bank is concentrated mainly in the South and Midwest, but its ATM network is the third largest of the banks on this list.

    • ATMs: More than 50,000, including ATMs in the Allpoint, Presto! and 7-Eleven network.

    • Branches: More than 1,200 in 11 states, with high concentrations in Florida, Illinois, Michigan and Ohio.

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    What Is The Best Major Bank

  • The top major banks for 2022, according to Bankrate. Capital One is the best large bank.
  • Citibank is the largest financial institution in the world.
  • PNC Bank is the largest financial institution in the United States.
  • TD Bank is the largest financial institution in the United States.
  • Chase Bank is the largest financial institution in the United States.
  • Is My Money Safer In A National Bank Vs A Regional Bank

    Your money is equally safe in any bank that’s insured by the Federal Deposit Insurance Corp. As long as your bank has this protection and most banks do you’re insured for up to $250,000 per person, per ownership category, per bank.

    Similarly, your money is equally safe in any credit union thats insured by the National Credit Union Administration. Credit unions that have this protection insure your money for up to $250,000 per person, per account, per credit union.

    » Read up on FDIC insurance

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    Best Online Bank: Ally

    Branch and ATM locations: As an online-only bank, Ally doesn’t have any branch locations. Ally doesn’t have its own ATMs, but you can use over 55,000 ATMs in the Allpoint network in the US for free.

    Why it stands out: Ally ranks as one of our top high-yield savings accounts. This bank has been a power player in the high-yield savings space for a few years now, and it consistently nabs top awards for online banking. Its mobile app has features many banking apps lack, such as mobile check deposit and an in-network ATM locator. Unlike many online banks, Ally has 24/7 customer service over the phone and via online chat.

    What to look out for: If you prefer face-to-face banking, an online bank probably isn’t your best fit. Also keep in mind that Ally offers a wide range of CD types, so if you want to open a CD with this bank, be sure to choose the right one for your needs.

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