Banks With Branches in All 50 States: A Full List

“Banking in this country is way more restrictive than in [other] industrialized countries. We’ve been super suspicious of the centralization of financial power.” – Richard Grossman

With over 4,844 FDIC-insured commercial banks in the US, you may be surprised that none has locations in all fifty states. However, that shouldn’t stop you from banking with any top ones nationwide. These banks still have a broad reach when you include their online services.

If you plan on opening a new account, there are things you need to consider before making that initial deposit. One is the bank’s number of branches, which you’ll learn in this article.

Knowing how these banks measure up is always best before picking one.

🔑 Key Takeaways

  • JPMorgan Chase has branches in all 48 states and has more branches in the US than any other bank.
  • Bank of America is one of the best options for those who value ease of access over higher interest rates.
  • In terms of branch count, Wells Fargo is the largest in the country.
  • Local banks offer lower fees, relationship-based banking, and personalized products and services.
  • If you want to keep your money safe while still having easy access to your funds, you may want to try opening a checking account.

5 Banks with Locations in Nearly Every State

The banking system is one of the most vital features of a successful economy. In the US, multiple banks offer a wide range of services. 

The following banks have locations in more than a third of all the states.

BankStatesNumber of Branches
Chase Bank485,300
Bank of America384,000
Wells Fargo 374,599
PNC Bank282,629
US Bank263,067

Each bank’s broad reach and services are attractive.  Here’s a closer look at the location and the services:

Chase Bank

As one of the banks in the world, Chase has established over 5,300 branches across 47 states and one in Washington, DC. Alaska and Hawaii are the only states where this bank isn’t physically present. 

Its most considerable number of branches are scattered across the following states: 

  • California
  • New York
  • Texas
  • Florida
  • Illinois

Chase is also the best bank for frequent overdrafts. This happens when your bank allows you to transact from your account despite insufficient funds.

An overdraft fee is a way to offset the risk financial institutions take by allowing clients to spend money they currently don’t have.
If you still wonder why banks charge overdraft fees instead of deducting the money lacking from the next deposit, find out here: Why Do Banks Charge Overdraft Fees? 

Bank of America

With 38 US and Washington DC locations, Bank of America has over 4,000 branches. It has the most ATMs nationwide: approximately 16,000 of them. It also has the most business in California, with over 800 branches. 

Aside from California, it also has East Coast and Texas locations. Today, this bank is the third largest in the country by branch count. 

Bank of America is best for those who value ease of access over higher interest rates. It’s also an established bank with many deposit and lending products. 

Bank of America started as “Bank of Italy.” It all began when Amadeo Giannini founded the Bank of Italy in San Francisco in 1904. Initially built to serve working-class citizens in the area, the bank grew drastically and became Bank of America in 1930.

Wells Fargo

Classified as a commercial bank, Wells Fargo is the largest in the country by branch count. It operates almost 4,599 branches scattered across 37 states. It has the most branches in these states: 

  • California
  • Texas
  • Florida
  • New Jersey
  • North Carolina

No wonder MoneyRates, a reputable financial wealth website, voted this bank the best for its extensive network.

Wells Fargo wasn’t a bank first. Founded in 1852, the company initially provided delivery services to people in California during the Gold Rush. They bought what remained of the Pony Express, which set off between Missouri and California.

PNC Bank

Present in 28 states and Washington D.C., this bank has more than 2,629 branches. PNC has the most branches in these states:

  • Florida
  • Ohio
  • New Jersey
  • Pennsylvania
  • Texas

MoneyRates rate this bank as the best one for checking accounts, namely its PNC Bank Standard Checking.

One of the most critical steps in managing your money is deciding where to keep it. A checking account lets you deposit and withdraw money easily to purchase or pay bills. 

US Bank

US Bank is present in 26 states with over 3,067 branches. It also boasts over 4,700 ATMs. You can find most of its branches in the following states:

  • California
  • Illinois
  • Ohio
  • Missouri
  • Washington

It is one of the best-known banks in the West and Midwest, and both iPhone and Android users highly rate its mobile banking via its mobile app.

👍 Helpful Article: 
Check out this article to glimpse how big the mobile banking app market is in 2023:  Mobile Banking Statistics in 2023: Are Physical Wallets Now Obsolete?

Local vs. National Bank

Though no bank is present in all fifty states, the ones above are more than enough to serve you. You might wonder if it’s better to bank with a national bank than a small, local one.

In the last part of this article, you’ll learn the differences between the two types to help you pick the best choice for your business.

Local Bank

If you plan on starting a business, big or small, opening with a small local bank might be the best idea. 

Here are a few benefits of banking locally:

  • Lower Fees: Local banks offer free accounts and lower fees. 
  • Personalized Attention: Local banks typically take time to give clients individualized attention.
  • Higher Ethical Standards: Policies of local banks and employee behavior directly affect the local community.
  • Local Decision Making: By serving a smaller region, local banks can customize their services and products to align with the need of their community.
  • Local Connections: Local banks are vital for networking opportunities, providing access to contracts that boost the local economy and grow businesses.
  • Collaborative Lending Process: Community banks team up to offer small business administration loans for working capital, debt refinancing, real state purchases, and more.

In 2016, JPMorgan Chase’s CEO, Jamie Dimon, also wrote about the same thing surrounding community banking:

“[Regional and smaller community banks] sit close to the communities they serve; their highest-ranking corporate officers live in the same neighborhoods as their clients. They [can] forge deep and long-standing relationships and bring a keen knowledge of the local economy and culture. They frequently [can] provide high-touch and specialized banking services.”

National Bank

Megabanks are typically more accessible because they have more ATMs. Some banking products they offer are the following:

  • Savings Accounts
  • Checking Accounts
  • Money Market Accounts
  • Credit Cards
  • Personal Loans
  • Mortgages

Although they significantly offer higher fees, they ensure financial stability and supervise the financial system. Other than that, they also:

  • increase the productive capital of the country by adding to the artificial capital in the credit of the Bank.
  • quicken circulation from the preceding cause from the inception of banknotes as money.
  • assist industry and trade.
  • facilitate the payment of taxes

Choosing one over the two depends on what you need from your bank. Otherwise, you may want to check out credit unions, which offer lower fees than banks.

The global market capitalization of the banking industry grew by €7.3 trillion during the first quarter of 2021

Bottom Line

Not being physically present in all fifty states has never hindered the services these banks provide to their customers. Knowing your goals, lifestyle, and preferences is crucial to know which bank will be the best for you. 

If you’re frequently traveling to a different state, know if communicating with a teller face-to-face is something you can’t do without. Otherwise, mobile banking, especially with Cash App, can do wonders for your banking needs.

FAQs on Banks with Most Locations in the US 

What other banks have many locations?

Truist Bank and Regions have locations in 15 states, while T.D. Bank is present in 16. You can also choose Bank of the West or First Citizens Bank in 19 states. 

Can I bank without going to a local branch?

You might be okay not going to a local branch if you can do all your banking online. Ensure your bank has a robust online presence and excellent customer service via phone or chat.  

What are the best national banks?

It depends on what you’re looking for. While some people may prioritize a bank’s vast network of branches and ATMs, others choose banks depending on the interest rates and fees.

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