Best Banks in America 2018
Below are the long term credit ratings of the best banks in the United States. No private-sector banks hold a Triple-A rating from any of the three leading agencies. U.S. Bancorp debt rating is one of the highest among U.S. financial services companies. Ratings may be revised or withdrawn at any time by the rating agencies.
Long Term Credit Ratings (Senior Debt)
| Rank | Bank | Moody's | Standard & Poor's | Fitch Ratings |
| 1 | U.S. Bancorp | A1 | A+ | AA |
| 2 | BNY Mellon Corp | A1 | A | AA- |
| 3 | State Street Corporation | A1 | A | AA- |
| 4 | Northern Trust Corporation | A2 | A+ | AA- |
| 5 | Wells Fargo & Co | A2 | A- | A+ |
| 6 | BB&T Corp | A2 | A- | A+ |
| 7 | JPMorgan Chase & Co | A3 | A- | A+ |
| 8 | PNC Financial | A3 | A- | A+ |
| 9 | M&T Bank Corp | A3 | A- | A |
| 10 | Comerica | A3 | BBB+ | A |
| 11 | Bank of America | A3 | A- | A |
| 12 | Citigroup Inc | Baa1 | BBB+ | A |
| 13 | Fifth Third | Baa1 | BBB+ | A- |
| 14 | KeyCorp | Baa1 | BBB+ | A- |
| 15 | SunTrust Banks | Baa1 | A- | A- |
| 16 | Huntington Bancshares | Baa1 | N/A | A- |
| 17 | Regions Financial | Baa2 | BBB+ | BBB+ |
Ratings as of March 25, 2018
The Top 10 Banks in America
Following are the 10 biggest financial institutions in the United States based on total assets and market value.
| Rank | Company | Total Assets, $b (31.12.2017) | Market cap, $b (22.03.2018) |
| 1 | J.P.Morgan Chase & Co | 2,533.60 | 375.0 |
| 2 | Bank of America Corp. | 2,281.23 | 312.3 |
| 3 | Wells Fargo & Co. | 1,951.76 | 256.1 |
| 4 | Citigroup Inc. | 1,843.06 | 180.0 |
| 5 | Goldman Sachs Group Inc. | 916.787 | 99.7 |
| 6 | Morgan Stanley | 851.733 | 97.9 |
| 7 | U.S. Bancorp | 462.04 | 83.6 |
| 8 | TD Group US Holdings LLC | 380.907 | n/a |
| 9 | PNC Financial Services Group Inc. | 380.768 | 72.3 |
| 10 | Bank of New York Mellon Corp. | 371.758 | 52.4 |
15 Best Savings Accounts
With rate of 1.85% APY, Salem Five Direct is ranked #1 on the list 2018. It is an online subsidiary of Salem Five, an innovative credit institution headquartered in Salem, Massachusetts. The bank’s deposits are fully insured.
| Rank | Bank | Account | APY | Minimum opening deposit | Monthly service fees |
| 1 | Salem Five Direct | eOne Savings | 1.85% | $100 | $0 |
| 2 | DollarSavingsDirect | High Interest Savings | 1.80% | $0 | $0 |
| 3 | MutualOne Bank | Online Savings | 1.71% | $10 | $0 |
| 4 | Live Oak Bank | Personal Savings Account | 1.70% | $0 | $0 |
| 5 | FNBO Direct | Online Savings Account | 1.60% | $1 | $0 |
| 6 | Synchrony Bank | High Yield Savings | 1.55% | $0 | $0 |
| 7 | CIT Bank | High Yield Savings | 1.55% | $100 | $0 |
| 8 | Barclays Bank Delaware | Online Savings Account | 1.50% | $0 | $0 |
| 9 | Marcus by Goldman Sachs | High-Yield Online Savings | 1.50% | $0 | $0 |
| 10 | Ally Bank | Online Savings | 1.45% | $0 | $0 |
| 11 | Discover Bank | Online Savings | 1.50% | $0 | $0 |
| 12 | Sallie Mae Bank | High Yield Savings | 1.45% | $0 | $0 |
| 13 | American Express Bank FSB | Online Savings | 1.45% | $0 | $0 |
| 14 | Nationwide Bank | Online Savings | 1.30% | $25 | $0 |
| 15 | Bank of Internet USA | High Yield Savings Account | 1.30% | $0 | $0 |
Annual percentage yield (APY) as of March 25, 2018.
Best Banks in America according to Forbes
The banks were ranked based on 10 metrics related to profitability, asset quality, capital adequacy and growth. Home BancShares, Inc is ranked #1 on the Forbes 2018 “Best Banks in America” list. Home BancShares is a bank holding company, based in Conway, Arkansas. Its primary subsidiary, Centennial Bank, offers a wide range of commercial and retail banking services to businesses, investors, individuals and municipalities. With more than 1,300 employees, the Bank has about 160 branches in Arkansas, Florida Panhandle, Southwest and Central Florida, the Florida Keys, South Alabama and New York. Western Alliance Bancorporation, a Phoenix-based company with a focus on Arizona, California and Nevada, is ranked #2 on the “Best Banks in America” list. The flagship subsidiary, Western Alliance Bank, operates full service banking divisions: Alliance Bank of Arizona, Bank of Nevada, First Independent Bank, Bridge Bank and Torrey Pines Bank.
1. Home BancShares
2. Western Alliance Bancorp
3. Bank of the Ozarks
4. First Merchants
5. East West Bancorp
6. Community Bank System
7. Prosperity Bancshares
8. FCB Financial Holdings
9. First Hawaiian
10. Glacier Bancorp