Major players in the Banking Sector
The United States is home to a robust and dynamic banking sector, with a handful of major players dominating the landscape in terms of assets. These institutions, operating under the umbrella of large bank holding companies, play a pivotal role in the nation’s economy. Here’s a detailed look at the leading banks and bank holding companies in the country.
At the top of the list stands JPMorgan Chase & Co., a financial services behemoth with its primary banking subsidiary being JPMorgan Chase Bank, N.A. Consistently ranked as the largest bank in the U.S. by assets, it offers a wide array of services, from consumer and commercial banking to investment banking and asset management.
Following closely is Bank of America Corporation, the holding company for Bank of America, N.A. Headquartered in Charlotte, North Carolina, it is another cornerstone of the American financial system, providing a comprehensive suite of banking, investing, asset management, and other financial and risk management products and services.
Citigroup Inc., the parent company of Citibank, N.A., holds a prominent position among the nation’s largest financial institutions. With a significant global presence, Citigroup offers a broad range of financial products and services to consumers, corporations, governments, and institutions.
San Francisco-based Wells Fargo & Company and its principal subsidiary, Wells Fargo Bank, N.A., are among the “Big Four” American banks. It offers a diverse range of banking, investment, and mortgage products and services, as well as consumer and commercial finance, through its extensive network of branches.
Beyond the top four, several other bank holding companies and their subsidiary banks hold significant assets and play crucial roles in the financial industry. These include:
| Bank Holding Company | Primary Bank Subsidiary |
| U.S. Bancorp | U.S. Bank National Association |
| PNC Financial Services Group, Inc. | PNC Bank, National Association |
| Truist Financial Corporation | Truist Bank |
| Goldman Sachs Group, Inc. | Goldman Sachs Bank USA |
| Capital One Financial Corporation | Capital One, National Association |
| The Charles Schwab Corporation | Charles Schwab Bank, SSB |
| The Bank of New York Mellon Corporation | The Bank of New York Mellon |
| State Street Corporation | State Street Bank and Trust Company |
| Morgan Stanley | Morgan Stanley Bank, N.A. |
These institutions form the backbone of the U.S. financial system, facilitating the flow of capital and providing essential services to individuals, businesses, and the government. Their size and scope enable them to operate on a national and often international scale, influencing economic trends and investment activities worldwide. The Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) are the primary federal regulators for these large banking organizations, ensuring their safety and soundness, as well as the stability of the overall financial system.
List of other Banks
In addition to the top-tier banks previously listed, the U.S. banking landscape comprises a diverse roster of financial institutions with substantial assets. Following the major players, this next tier of banks plays a crucial role in regional and national economies, offering a wide array of financial services to individuals and businesses.
Here are the other top 50 banks in the United States, based on asset size:
- Citizens Financial Group, Inc. (Providence, Rhode Island)
- Fifth Third Bancorp (Cincinnati, Ohio)
- M&T Bank Corporation (Buffalo, New York)
- Huntington Bancshares Incorporated (Columbus, Ohio)
- KeyCorp (Cleveland, Ohio)
- Ally Financial Inc. (Detroit, Michigan)
- Regions Financial Corporation (Birmingham, Alabama)
- Discover Financial Services (Riverwoods, Illinois)
- Northern Trust Corporation (Chicago, Illinois)
- First Citizens BancShares, Inc. (Raleigh, North Carolina)
- Synchrony Financial (Stamford, Connecticut)
- Western Alliance Bancorporation (Phoenix, Arizona)
- Comerica Incorporated (Dallas, Texas)
- Zions Bancorporation, National Association (Salt Lake City, Utah)
- Webster Financial Corporation (Stamford, Connecticut)
- First Horizon Corporation (Memphis, Tennessee)
- East West Bancorp, Inc. (Pasadena, California)
- Raymond James Financial, Inc. (St. Petersburg, Florida)
- Valley National Bancorp (New York, New York)
- Synovus Financial Corp. (Columbus, Georgia)
- Wintrust Financial Corporation (Rosemont, Illinois)
- Associated Banc-Corp (Green Bay, Wisconsin)
- F.N.B. Corporation (Pittsburgh, Pennsylvania)
- BOK Financial Corporation (Tulsa, Oklahoma)
- Old National Bancorp (Evansville, Indiana)
- SouthState Corporation (Winter Haven, Florida)
- Cadence Bank (Tupelo, Mississippi)
- UMB Financial Corporation (Kansas City, Missouri)
- Prosperity Bancshares, Inc. (Houston, Texas)
- Hancock Whitney Corporation (Gulfport, Mississippi)
- Glacier Bancorp, Inc. (Kalispell, Montana)
- First Hawaiian, Inc. (Honolulu, Hawaii)
- Fulton Financial Corporation (Lancaster, Pennsylvania)
- Texas Capital Bancshares, Inc. (Dallas, Texas)
- BankUnited, Inc. (Miami Lakes, Florida)
- Commerce Bancshares, Inc. (Kansas City, Missouri)
- United Community Banks, Inc. (Blairsville, Georgia)
- Washington Federal, Inc. (Seattle, Washington)
- First Interstate BancSystem, Inc. (Billings, Montana)
- Ameris Bancorp (Atlanta, Georgia)
- United Bankshares, Inc. (Charleston, West Virginia)
- Arvest Bank Group, Inc. (Lowell, Arkansas)
- Simmons First National Corporation (Pine Bluff, Arkansas)
- PacWest Bancorp (Beverly Hills, California)
- Hilltop Holdings Inc. (Dallas, Texas)
- Columbia Banking System, Inc. (Tacoma, Washington)
- ServisFirst Bancshares, Inc. (Birmingham, Alabama)
- Trustmark Corporation (Jackson, Mississippi)
- Renasant Corporation (Tupelo, Mississippi)
- Home BancShares, Inc. (Conway, Arkansas)
Additional Resources for Locating Banks, ATMs, and Financial Institutions Around The World
- Search for a financial institution at the National Information Center website.
If you have questions about this list of banks, please post a message below. Additionally, consider exploring other financial investigation resources.