The 20 largest banks in the United States, ranked by domestic assets, serve both consumers and small businesses. All are FDIC-insured. Putting your money in a large bank typically means broader branch and ATM access and a wider product range — though online banks and credit unions generally offer better interest rates and lower fees.
Asset data sourced from the Federal Reserve, accurate as of December 31, 2025. Domestic assets only.
20 Largest US Banks by Domestic Assets
| Rank | Bank | Domestic Assets |
|---|---|---|
| 1 | Chase | $2.81 trillion |
| 2 | Bank of America | $2.47 trillion |
| 3 | Wells Fargo | $1.81 trillion |
| 4 | Citibank | $1.12 trillion |
| 5 | US Bank | $669.24 billion |
| 6 | Capital One | $658 billion |
| 7 | PNC Bank | $562.63 billion |
| 8 | Goldman Sachs (Marcus) | $559.81 billion |
| 9 | Truist Bank | $539.34 billion |
| 10 | TD Bank | $346.19 billion |
| 11 | BMO | $252.07 billion |
| 12 | First Citizens Bank | $229.27 billion |
| 13 | Citizens Bank | $225.86 billion |
| 14 | Huntington National Bank | $224.05 billion |
| 15 | Fifth Third Bank | $213.59 billion |
| 16 | M&T Bank | $212.89 billion |
| 17 | American Express National Bank | $211.28 billion |
| 18 | Ally Bank | $184.65 billion |
| 19 | KeyBank | $181.71 billion |
| 20 | HSBC Bank USA | $165.26 billion |
Bank Profiles: ATMs, Branches and Key Features
1. Chase — $2.81 trillion
Chase is the largest US bank for consumers and small businesses and a subsidiary of JPMorgan Chase & Co. It has the largest branch network of any bank on this list.
- ATMs: More than 14,000
- Branches: More than 5,000, across more states than any other bank on this list
See the Chase guide, Chase fees, and Chase minimum balance.
2. Bank of America — $2.47 trillion
Bank of America is the second-largest US bank. Of the top three, it has the fewest branches but the most ATMs.
- ATMs: About 15,000
- Branches: About 3,500
See the Bank of America guide and Chase vs Bank of America comparison.
3. Wells Fargo — $1.81 trillion
Wells Fargo is third in domestic assets and second for most branches, but has fewer ATMs than Chase or Bank of America.
- ATMs: About 11,000
- Branches: More than 4,000
See the Wells Fargo guide and Wells Fargo minimum balance.
4. Citibank — $1.12 trillion
Citibank has relatively few US branches but one of the largest ATM networks on this list, boosted by the Allpoint and MoneyPass networks.
- ATMs: More than 65,000 (including Allpoint and MoneyPass access — around 90,000 total)
- Branches: More than 600
See the Citi guide.
5. US Bank — $669.24 billion
US Bank offers tens of thousands of fee-free ATMs through its MoneyPass partnership.
- ATMs: About 40,000 (including MoneyPass network)
- Branches: More than 2,000
See the US Bank guide.
6. Capital One — $658 billion
The Capital One–Discover merger was finalized in May 2025. Capital One operates one of the largest ATM networks on this list but relatively few branches. Some locations are “Capital One Cafés” offering workspace and account services.
- ATMs: Around 90,000 (including Allpoint and MoneyPass)
- Branches: Nearly 260
See the Capital One guide.
7. PNC Bank — $562.63 billion
PNC acquired BBVA USA in 2021 and now has branches in more than half the country.
- ATMs: About 60,000; may reimburse some out-of-network fees
- Branches: About 2,300
See the PNC guide.
8. Goldman Sachs (Marcus) — $559.81 billion
Goldman Sachs is primarily an investment bank, but offers consumer banking products through Marcus by Goldman Sachs — a high-yield savings account and CDs — entirely online.
- ATMs: 0
- Branches: 0
See the Marcus savings account guide.
9. Truist Bank — $539.34 billion
Truist was formed from the 2019 merger of BB&T and SunTrust Bank and is headquartered in Charlotte, North Carolina.
- ATMs: More than 2,800
- Branches: More than 1,900
See the Truist guide, Truist hours, and Truist routing number.
10. TD Bank — $346.19 billion
TD Bank’s physical presence is concentrated along the East Coast. It does not have branches or ATMs outside that footprint.
- ATMs: About 2,600
- Branches: About 1,100
See the TD Bank guide.
11. BMO — $252.07 billion
BMO (formerly BMO Harris) offers more than 1,000 branches and thousands of fee-free ATMs, including access to the Allpoint network.
- ATMs: More than 40,000 fee-free (including Allpoint)
- Branches: More than 1,000
12. First Citizens Bank — $229.27 billion
First Citizens expanded significantly when it took over Silicon Valley Bank accounts in March 2023 after SVB failed. CIT Bank became part of First Citizens after a January 2022 merger.
- ATMs: More than 500
- Branches: More than 500
13. Citizens Bank — $225.86 billion
Citizens Bank primarily serves the Northeast and Midwest. It acquired East Coast branches of HSBC in 2022 after HSBC narrowed its focus to wealth management.
- ATMs: More than 3,000
- Branches: About 1,000
See the Citizens Bank guide.
14. Huntington National Bank — $224.05 billion
Huntington’s presence is mainly in the Midwest.
- ATMs: More than 1,600
- Branches: More than 1,400
15. Fifth Third Bank — $213.59 billion
Fifth Third has branches in about a dozen states, with a broad ATM network nationwide through MoneyPass.
- ATMs: More than 40,000 (including MoneyPass)
- Branches: More than 1,000
See the Fifth Third guide.
16. M&T Bank — $212.89 billion
M&T Bank (Manufacturers and Traders Trust Co.) is headquartered in Buffalo, New York. It has ATMs in Florida and Rhode Island even where it has no branches.
- ATMs: More than 1,600
- Branches: More than 950
17. American Express National Bank — $211.28 billion
American Express National Bank is online-only. Its Rewards Checking Account is available to consumers who have held an American Express credit card for at least 35 days.
- ATMs: More than 70,000 (including Allpoint and MoneyPass)
- Branches: 0
18. Ally Bank — $184.65 billion
Ally is online-only — one of three banks on this list without any branches. Customers access cash through a large fee-free ATM network.
- ATMs: More than 75,000 (including Allpoint and MoneyPass)
- Branches: 0
See the Ally Bank guide.
19. KeyBank — $181.71 billion
KeyBank offers branches in over a dozen states and a large ATM network through Allpoint.
- ATMs: More than 40,000 (Allpoint network)
- Branches: About 950
20. HSBC Bank USA — $165.26 billion
After selling most of its US retail business to Citizens Bank and Cathay Bank in 2022, HSBC now offers only premium deposit accounts in the US.
- ATMs: More than 40,000 (Allpoint network)
- Branches: 21
Branch Count: Which Big Banks Have the Most Locations?
| Bank | US Branches |
|---|---|
| Chase | 5,000+ |
| Wells Fargo | 4,000+ |
| Bank of America | ~3,500 |
| PNC | ~2,300 |
| US Bank | 2,000+ |
| Truist | 1,900+ |
| Huntington | 1,400+ |
| TD Bank | ~1,100 |
| Citizens Bank | ~1,000 |
| Fifth Third | 1,000+ |
| BMO | 1,000+ |
| KeyBank | ~950 |
| M&T Bank | ~950 |
| Citibank | 600+ |
| Capital One | ~260 |
| Goldman Sachs | 0 |
| American Express National Bank | 0 |
| Ally Bank | 0 |
Branch count matters for in-person service, cash deposits, notarized documents, and safe deposit boxes. If you rarely need a branch, online banks typically offer better rates.
Bank Consolidation
The US banking industry has been consolidating for decades. The number of FDIC-insured institutions has dropped by more than 70% since 1980.
| Year | Number of FDIC-Insured Banks |
|---|---|
| 2025 | ~4,100 |
| 2015 | ~5,300 |
| 2005 | ~7,500 |
| 2000 | ~8,300 |
| 1990 | ~12,300 |
| 1980 | ~14,400 |
Notable recent mergers: Truist formed from BB&T + SunTrust (2019). Capital One acquired Discover (finalized May 2025). JPMorgan acquired First Republic Bank assets (2023). PNC acquired BBVA USA (2021).
Big Banks vs. Online Banks
Large traditional banks offer branch access and product breadth. Online banks typically offer better savings rates and fewer fees.
| Feature | Large Traditional Bank | Online Bank |
|---|---|---|
| Savings APY | Often 0.01%–0.10% | Often 4%–5% |
| Monthly fees | Common (waivable) | Usually none |
| Branch access | Yes | No |
| ATM network | Varies | Often 40,000–75,000 |
| Product range | Full (mortgages, CDs, loans) | Usually savings/checking only |
For the best of both, some customers use a large bank for everyday checking and bill pay and an online bank for savings. See best online banks and best high-yield savings accounts.
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