20 Biggest Banks in America 2026: Ranked by Assets

The 20 largest banks in the United States, ranked by consolidated assets, serve consumers, businesses and institutional clients. All are FDIC-insured. A large bank typically means broader branch and ATM access and a wider product range, though online banks often pay better savings rates, and credit unions have averaged more on CDs.

Asset and branch figures come from the Federal Reserve’s Large Commercial Banks release, “U.S. Domestically Chartered Commercial Banks, Ranked by Consolidated Assets,” with data as of June 30, 2026 (posted October 2, 2026). Consolidated assets include foreign offices, so they can be higher than a bank’s domestic assets; Chase, for example, has far less in domestic assets than in consolidated assets.

20 Largest US Banks by Consolidated Assets

Source: Federal Reserve, Large Commercial Banks, as of June 30, 2026. Branch counts are the Fed’s “Domestic Branches” column.

Bank Profiles: ATMs, Branches and Key Features

Asset figures in the headings are consolidated assets as of June 30, 2026 (Federal Reserve). Branch counts are the Fed’s domestic branch figures for the same date. ATM counts are the numbers each bank states on its own site and change over time.

1. JPMorgan Chase Bank — $4.09 trillion

Chase is the largest US bank by consolidated assets and the main banking subsidiary of JPMorgan Chase & Co. It has the most domestic branches of any bank on this list.

• ATMs: More than 14,000, per Chase
• Branches: 5,137 domestic branches

See the Chase guide, Chase fees, and Chase minimum balance.

2. Bank of America — $2.65 trillion

Bank of America is the second-largest US bank by assets and has the third-largest branch network on this list.

• ATMs: Approximately 15,000, per Bank of America
• Branches: 3,593 domestic branches

See the Bank of America guide and Chase vs Bank of America comparison.

3. Citibank — $1.98 trillion

Citibank ranks third by consolidated assets, ahead of Wells Fargo. It has relatively few US branches next to the banks above it, and a larger share of its assets sit outside the US than at any other top-5 bank (the Fed lists 61% as domestic).

• ATMs: 65,000+ fee-free ATMs, per Citi, counted as US locations that charge no surcharge
• Branches: 660 domestic branches

See the Citi guide.

4. Wells Fargo Bank — $1.91 trillion

Wells Fargo ranks fourth by consolidated assets, behind Citibank, which is a change from older guides. It has the second-largest branch network on this list.

• ATMs: More than 11,000, per Wells Fargo
• Branches: 4,128 domestic branches

See the Wells Fargo guide and Wells Fargo minimum balance.

5. Goldman Sachs Bank USA — $758.8 billion

Goldman Sachs Bank USA is the bank behind Marcus by Goldman Sachs, which offers an online savings account and CDs.

• Branches: The Fed lists 2 domestic branches for the bank as a whole

See the Marcus savings account guide.

6. U.S. Bank — $705.6 billion

U.S. Bank advertises over 4,000 no-fee ATMs of its own, and its pricing information effective August 10, 2026 says its customers pay no surcharge at MoneyPass network ATMs.

• ATMs: Over 4,000 no-fee U.S. Bank ATMs, plus no surcharge at MoneyPass ATMs for its customers
• Branches: 2,097 domestic branches

See the US Bank guide.

7. Capital One — $662.2 billion

Discover merged into Capital One on May 18, 2025, and Discover bank accounts are becoming Capital One accounts. Capital One has a large ATM network but relatively few branches.

• ATMs: 70,000+ fee-free Capital One, MoneyPass and Allpoint ATMs, per Capital One
• Branches: 243 domestic branches

See the Capital One guide.

8. PNC Bank — $609.8 billion

PNC completed its acquisition of BBVA USA on June 1, 2021, which expanded its footprint into new markets.

• ATMs: Approximately 58,000 PNC and partner ATMs, per PNC
• Branches: 2,376 domestic branches

See the PNC guide.

9. Truist Bank — $548.3 billion

Truist was formed by the BB&T and SunTrust merger, effective December 6, 2019, and is headquartered in Charlotte, North Carolina.

• ATMs: 2,800+, per Truist
• Branches: 1,927 domestic branches

See the Truist guide, Truist hours, and Truist routing number.

10. Bank of New York Mellon — $425.1 billion

BNY describes itself as a global financial services platforms company that oversees assets under custody and/or administration for clients. It is not a retail-focused bank, and the Fed lists 1 domestic branch for it.

Banks Ranked 11-20

The table above ranks the next ten banks by consolidated assets: Morgan Stanley Bank ($419.3 billion), State Street Bank and Trust ($412.6 billion), TD Bank ($342.8 billion), Fifth Third Bank ($299.2 billion), Huntington National Bank ($283.1 billion), BMO ($255.0 billion), Morgan Stanley Private Bank ($250.4 billion), First-Citizens Bank & Trust ($236.3 billion), Citizens Bank ($232.5 billion), and M&T Bank ($218.8 billion). KeyBank ($188.6 billion), American Express National Bank ($213.9 billion) and Ally Bank ($188.2 billion) rank 22nd, 21st and 23rd.

• Notable recent mergers and deals: Truist formed from BB&T and SunTrust (effective December 6, 2019). PNC completed its BBVA USA acquisition on June 1, 2021. Citizens Bank closed its purchase of 80 East Coast branches and the national online deposit business from HSBC Bank U.S.A. in 2022. The FDIC arranged for JPMorgan Chase to assume the deposits and substantially all the assets of First Republic Bank in May 2023. First-Citizens took over the former Silicon Valley Bridge Bank branches in March 2023. Discover merged into Capital One on May 18, 2025.

Branch Count: Which Big Banks Have the Most Locations?

Domestic branch counts from the Federal Reserve’s Large Commercial Banks release, as of June 30, 2026. The last column is each bank’s Fed rank by consolidated assets.

Branch count matters if you want in-person service or to deposit cash; notary and safe deposit box services vary by bank and branch. If you rarely need a branch, online banks often pay better savings rates.

Bank Consolidation

The number of FDIC-reported commercial banks has fallen substantially since 1990.

Year-end counts of commercial banks from FDIC Statistics at a Glance (2025, 2015, 2005) and the FDIC Quarterly Banking Profile graph book for the fourth quarter of 2004 (2000, 1990).

Big Banks vs. Online Banks

Large traditional banks tend to offer branch access and a broad range of products. Many online banks pay savings rates well above the FDIC national average of 0.37% (as of September 21, 2026), though online rates change often (see the best online banks guide for current confirmed rates).

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.

Written by WealthVieu

WealthVieu researches and writes data-driven personal finance guides using primary sources including the IRS, Bureau of Labor Statistics, Federal Reserve, and Census Bureau.