Best Retail Banks Ranked in America's Most Trusted Study — Lifestory Research (2024)

Click on the links below to access prior-year ranking lists and details

2021 America's Most Trusted Bank
2020 America's Most Trusted Bank

America's Most Trusted® is a consumer-based research program based on the opinions of thousands of people familiar with the brands in the study. The America's Most Trusted®study collects opinions on brands within each specific product category; however, only the most recognized brands among thousands of consumers are included in the final national ranking. Additional insights and questions answered can be found in our press releases or the frequently asked questions.

The number of people evaluating each bank in the 2022 study included 17,614 people. Trust is measured through the Lifestory Research Net Trust Quotient. An index score of 100 is average for all bank brands included in the study. A top #1 rank represents the bank brand that produced the top Net Trust Quotient Score among banks. Details of this annual research study are on the survey methodology page.

WHAT IS THE BEST BANK?

To determine the Lifestory Research 2022 America's Most Trusted® Bank, the trust ratings for the most recognized brands were computed. The bank brands that were most recognized in the study were Chase, Capital One Bank, Citibank, PNC Bank, TD Bank, Bank of America, Barclay's, Ally Bank, Citizens Bank, Bank of the West, US Bank, SunTrust, Union Bank, Wells Fargo, and HSBC.

The America's Most Trusted® Study calculates the trust people have across 50 product categories from Home Builders to HVAC Systems to Tools to Kitchen Appliances. People taking the survey are asked their opinions of trust, quality, word-of-mouth, likelihood of recommending to others and several other brand equity questions. See the List of the 2022 Brands for all brands included in this research program.

WHAT ARE THE MOST TRUSTED BRANDS IN AMERICA?

Brands that understand how people view them are consistently found to win the battle for market share and capture the enduring condition of trust. America's Most Trusted® is a consumer-based research program based on thousands of people's opinions actively shopping for products. To identify America's Most Trusted®, Lifestory Research conducts an ongoing annual survey in which people anonymously assess the trust they have in brands they encounter during their active search for specific products. Lifestory Research surveys people with well-established social science research practices that seek to adhere to the highest quality standards of consumer insight.

Lifestory Research studies, products, and services are available for purchase. If you're interested in subscribing to a Lifestory Research study or becoming a client, please contact us, and we'll be in touch.

Lifestory Research America's Most Trusted® Study results are based on survey responses and should not be considered legal or financial advice. Your experiences may vary. For details, see our Terms of Use and Legal Notices on the Lifestory Research website. America's Most Trusted® is a registered trademark of Lifestory with all rights reserved.

No promotional use or advertising can be made of America's Most Trusted® survey results without the express prior written consent of Lifestory Research

Best Retail Banks Ranked in America's Most Trusted Study — Lifestory Research (2024)

FAQs

Which bank ranks most trusted? ›

Following one of the most successful years in United's long history, United Bank has been named the Most Trustworthy Bank in America by Newsweek for 2023. Across 23 industries evaluated, United joined the list of the “Most Trustworthy Companies in America,” earning the No.

What is the most reliable bank in the USA? ›

JPMorgan Chase, the financial institution that owns Chase Bank, topped our experts' list because it's designated as the world's most systemically important bank on the 2023 G-SIB list.

Which bank is more trustworthy? ›

The safest banks in the U.S. for June 2024
BankThe Ascent's RatingFDIC Insured?
U.S. Bank4.50Yes
PNC Bank4.50Yes
Western Alliance Bank4.25Yes
SoFi4.00Yes
6 more rows
Jun 6, 2024

What is the #1 bank in America? ›

What is the No. 1 bank in America? J.P. Morgan Chase is the number one bank in America in terms of total assets held, according to the Federal Reserve.

What is the least secure bank in the US? ›

The worst banks in America of 2024
  1. Wells Fargo. BBB customer review rating: 1.06/5. ...
  2. Credit One. BBB customer review rating: 1.11/5. ...
  3. Bank of America. BBB customer review rating: 1.06/5. ...
  4. Chase Bank. BBB customer review rating: 1.1 / 5. ...
  5. US Bank. BBB customer review rating: 1.1 / 5.
Dec 20, 2023

Which bank has the highest rating? ›

Capital One 360 Checking ranks as one of our best checking accounts. It doesn't charge any overdraft, foreign transaction, or monthly service fees, and Capital One doesn't require any minimum opening deposits. The bank ranks No. 1 on J.D. Power's U.S. National Banking Satisfaction Study.

What is the best bank to not get scammed? ›

Chase. One of the biggest banks, Chase, is also one of the most secure banks to keep your money safe. Chase offers Zero Liability Protection, so if unauthorized transactions are made under your name, you won't be held responsible.

What banks are in danger of failing? ›

Bank regulators view any ratio over 300% as excess exposure to CRE, which puts the bank at greater risk of failure. The banks of greatest concern are Flagstar Bank and Zion Bancorporation, according to the screener. Flagstar Bank reported $113 billion in assets with a total CRE of $51 billion.

What is the most ethical bank in USA? ›

U.S. Bank is one of four honorees in the banking category and the only U.S.-based bank to be honored for 10 consecutive years. The listed 2024 World's Most Ethical Companies® honorees outperformed a comparable index of global companies by 12.3% from January 2019 to January 2024.

What is the safest bank in America right now? ›

Below, review the safest banks in the U.S. Compare and explore the security features they employ to keep your money safe.
  1. JPMORGAN CHASE. Member FDIC.
  2. U.S. BANK. ...
  3. PNC BANK. ...
  4. CITIBANK. ...
  5. WELLS FARGO. ...
  6. CAPITAL ONE. ...
  7. M&T BANK CORPORATION. ...
  8. AGRIBANK.

Which banks are riskiest? ›

How regulators look at risk concentration
#BankRCRE to T1+ALLL
1Dime Community Bank549.80%
2First Foundation Bank538.00%
3Provident Bank483.50%
4Valley National Bank472.70%
24 more rows
Mar 9, 2024

Which bank is more trusted? ›

A Brief Look at the Top 10 Banks in India
S. No.Bank Name
1State bank of India (SBI)
2HDFC Bank
3ICICI Bank
4Punjab National Bank (PNB)
6 more rows

What U.S. Bank is in all 50 states? ›

What bank operates in all 50 states? No bank currently operates a branch location in all 50 states, though several of the nation's largest institutions come close.

What is the richest bank in the United States? ›

What Is the Richest Bank in America? JPMorgan Chase is the richest bank in the U.S., based on Federal Reserve data for consolidated assets.

What is the best bank to use? ›

Best-of 2024 Banking Winners:
  • Alliant Credit Union: Best credit union.
  • Ally Bank: Best bank; best CDs.
  • Charles Schwab Bank: Best for ATM access.
  • Chase: Best for sign-up bonuses; best for branch access.
  • Discover® Bank: Best online banking experience.
May 10, 2024

Which is the most trusted private bank? ›

List of Top 10 Best Private Banks in India 2024
Bank NameTotal BranchesCity of Headquarter
HDFC Bank7915Mumbai
ICICI Bank6074Mumbai
Axis Bank5000Mumbai
Kotak Mahindra Bank1996Mumbai
6 more rows
Mar 13, 2024

Who is number 1 in banking? ›

Top Indian Banks of 2024 Ranked by Market Capitalization
RankBank NameMarket Cap (In INR Lakh Crore)
1HDFC bank10.57
2ICICI bank7.14
3SBI6.63
4Kotak bank3.44
6 more rows
Apr 10, 2024

What is the most trusted online bank? ›

Bankrate's best online banks of 2024
  • Top online bank: Ally.
  • Top online bank: LendingClub.
  • Top online bank: Discover.
  • Top online bank: Bank5 Connect.
  • Top online bank: SoFi.
  • Top online bank: American Express.
  • Top online bank: FNBO Direct.
  • Top online bank: CIT Bank.

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