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

What is the most trustworthy bank in the United States? ›

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.

Which banks are rated AAA? ›

Global Top 100
RankNameMoody's Rating
1KfWAaa
2Zuercher KantonalbankAaa
3BNG BankAaa
35 more rows
Nov 10, 2023

What bank has the highest customer satisfaction? ›

Capital One received the highest customer satisfaction score among the largest banks in the United States as of 2023, with a score reaching 706 points out of 1,000. JPMorgan Chase, TD Bank, and U.S. Bank followed, while Bank of America, Wells Fargo, and Truist received the lowest scores.

Which is the top No. 1 bank in the world? ›

JPMorgan Chase

Which bank is least likely to go bust? ›

Summary: Safest Banks In The U.S. Of May 2024
BankForbes Advisor RatingLearn More
Chase Bank5.0Learn More Read Our Full Review
Bank of America4.2
Wells Fargo Bank4.0Learn More Read Our Full Review
Citi®4.0
1 more row
5 days ago

What top US banks are under investigation? ›

Attorney General Paxton joined a multistate investigation into Bank of America Corporation, Wells Fargo & Company, Morgan Stanley & Co. LLC, JPMorgan Chase & Co., The Goldman Sachs Group, Inc., and Citigroup Inc. for potential violations of consumer protection laws.

Which bank is safest? ›

The Safest Banks in the U.S.
  • JPMorgan Chase.
  • U.S. Bank.
  • PNC Bank.
  • Citibank.
  • Wells Fargo.
  • Capital One.
  • M&T Bank Corporation.
  • AgriBank.
Feb 13, 2024

What banks in the United States are in trouble? ›

List of Recent Failed Banks
Bank NameCityAcquiring Institution
Citizens BankSac CityIowa Trust & Savings Bank
Heartland Tri-State BankElkhartDream First Bank, N.A.
First Republic BankSan FranciscoJPMorgan Chase Bank, N.A.
Signature BankNew YorkFlagstar Bank, N.A.
1 more row
Feb 29, 2024

What is the most secure bank in the world? ›

Germany's KfW is #1 for the 15th year in a row. Singaporean banks put in a strong showing in the top 15 in 2023 with DBS Bank at #12, Oversea-Chinese Banking Corp at #13 and United Overseas Bank at #14.

Which bank has most complaints? ›

Banks getting the most complaints
CompanyNumber of complaintsPercentage of complaints
Chase7594.23%
Wells Fargo5543.09%
Barclays4532.53%
US Bancorp3722.08
6 more rows
Apr 4, 2024

What bank do rich people use the most? ›

The Most Popular Banks for Millionaires
  1. JP Morgan Private Bank. “J.P. Morgan Private Bank is known for its investment services, which makes them a great option for those with millionaire status,” Kullberg said. ...
  2. Bank of America Private Bank. ...
  3. Citi Private Bank. ...
  4. Chase Private Client.
Jan 29, 2024

Which bank is the most financially stable? ›

The safest banks in the U.S. for May 2024
BankThe Ascent's RatingFDIC Insured?
Capital One4.50Yes
American Express® National Bank4.50Yes
Quontic4.50Yes
Chase4.50Yes
6 more rows
Apr 25, 2024

What is the richest 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.

Which bank is rated the highest? ›

What are the top 10 banks in the United States?
  • Chase Bank.
  • Bank of America.
  • Wells Fargo.
  • Citibank.
  • U.S. Bank.
  • PNC Bank.
  • Goldman Sachs.
  • Truist Bank.
Dec 21, 2023

Which bank has the best research? ›

Bank of America Voted Best US Sell-Side Research Firm, Ending JPMorgan's Reign. A Bank of America branch in New York. Bank of America Corp. was voted as the best US sell-side research firm in the latest Institutional Investor survey, toppling JPMorgan Chase & Co.'s seven-year reign.

What is the number 1 Bank of America? ›

1. JPMorgan Chase. JPMorgan Chase, or Chase Bank, is the biggest bank in America with nearly $3.4 trillion in assets. It boasts a vast network of over 4,800 physical branches and more than 15,000 ATMs.

What is the most secure type of bank account? ›

Where Is the Safest Place To Keep Cash? Deposit accounts—like savings accounts, CDs, MMAs, and checking accounts—are a safe place to keep money because consumer deposits are insured for up to $250,000, either by the FDIC or NCUA.

What is the best bank to open an account with in the US? ›

Summary of Best Checking Accounts of 2024
Bank/Credit UnionForbes Advisor RatingMonthly Maintenance Fee
Citibank Access Account Package4.3N/A
Varo Bank Account4.3$0
Connexus Credit Union Xtraordinary Checking4.3$0
Alliant Credit Union High-Rate Checking4.3$0
6 more rows

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.

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