Best Banks in Louisiana
Written by
Rudri Patel
Edited by
Elizabeth Constantineau
When looking for a top-tier financial institution, Louisiana residents have many worthwhile options. With a big selection, finding the right fit boils down to deciding what you need from a bank.
In this guide, GOBankingRates has selected the best banks in Louisiana for 2025. Take a look at banks that shine in terms of their checking, savings and certificate of deposit (CD) choices to find a financial institution that supports your money goals.
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GOBankingRates' editorial team is committed to bringing you unbiased bank reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our in-depth bank review methodology.
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TOP LOUISIANA BANKS AT A GLANCE
Bank/Institution
Savings APY
Notable Features
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Detailed Reviews of the Best Banks in Louisiana
Residents of the Bayou State can find the best banking options through the following three banks.
Gold Winner: Capital One
Capital One offers a low-fee, interest-bearing checking account and competitive rates for savers. In the Bayou State, Capital One has a handful of physical locations, mostly concentrated in the southeastern corner of the state.
Best For
Business Banking
National Banks
Credit Cards
Auto Loans
Great APYs
Fee-Free Checking and Savings
Capital One stands out for its fee-free checking and savings options as well as its extensive ATM network. The checking account earns a APY no matter what your balance and the 360 Performance Savings account has a APY.
Total Branch Locations
Over 250
Mobile App Rating
4.9 on the Apple App Store and 4.5 on Google Play
Other Products Offered
Checking and savings accounts, CDs, credit cards, business banking and auto loans
Pros
- No minimum deposit or monthly maintenance fees
- Competitive APYs
Cons
- Cash deposit limitations
- Customer service limitations
Why We Like Capital One
Capital One offers fee-free checking and savings accounts, competitive interest rates and access to over 70,000 fee-free ATMs nationwide. Capital One also offers a credit card with cash back rewards. 24/7 customer service is available, along with Eno, the mobile assistant chat service.
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Silver Winner: Hancock Whitney Bank
Hancock Whitney Bank serves the Gulf states, including Louisiana. With multiple checking and savings options, you can likely find the right accounts to manage your funds through this financial institution. Overall, the APYs available through Hancock Whitney aren’t the highest. Savers generally need to hold a large account balance in order to unlock the best rates from this bank.
Best For
Mobile Banking
Low Monthly Fees
Personal Loans
Mortgages
Credit Cards
Range of Deposit Accounts and Loan Options To Manage Your Funds Easily
Hancock Whitney stands out for a large selection of checking, savings, CDs and loan products. While each checking account has a service fee, you can have it waived with qualifying activities.
Total Branch Locations
Over 200
Mobile App Rating
4.8 on the Apple App Store and 4.7 on Google Play
Other Products Offered
Checking, savings, CDs, mortgages, personal loans
Pros
- Range of deposit accounts for every saver
- Large footprint of physical branch locations
Cons
- Have to meet the set requirements to waive monthly fees
- Higher rates can be found elsewhere
Why We Like Hancock Whitney Bank
If you want to manage your finances in a single location with easy access to in-person help, Hancock Whitney could be the right fit. Although it’s true that you can find higher APYs elsewhere, particularly through online banks, savers can get value out of this bank’s savings options without giving up the local support. Plus, Hancock Whitney puts a focus on helping communities around Louisiana grow, small business investment and homeownership programs for low-income buyers.
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Bronze Winner: b1BANK
B1Bank is a Baton Rouge-based financial institution with locations across the Bayou State. It offers multiple checking accounts, including an interest-bearing option. Additionally, you’ll find several savings accounts, some of which offer competitive APYs to help you grow your savings. But you’ll get the most out of this bank if you pair an active checking and savings account to tap into the highest available APYs at the bank.
Best For
Mobile App
Low Minimum Deposit
Auto Loans
Low Monthly Fees
Mortgage Lending
Deposit Accounts With High APYs
B1Bank offers straightforward checking and savings account options. When you pair an active checking account with a savings account, you can potentially get more out of this bank.
Total Branch Locations
Over 50
Mobile App Rating
4.4 on the Apple App Store and 3.8 on Google Play
Other Products Offered
Checking, savings, CDs, mortgages, auto loans, personal loans
Pros
- Competitive APYs on some accounts
- Network of physical branches throughout the state
Cons
- Must maintain high account balance to avoid monthly fees for some accounts
- Higher APYs may be available elsewhere
Why We Like B1Bank
B1Bank puts an emphasis on helping you find an account that suits your needs. With multiple deposit account options to choose from, you’ll likely find one that’s the right fit. If you want in-person support, you can find it through one of the many branch locations throughout Louisiana.
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Best Banks
Checking Accounts
Savings Accounts
CD Account Rates
Money Market Accounts
Research Methodology
To discover the Best Banks by state, GOBankingRates analyzed the top institutions (excluding online banks and neobanks) by state branch locations. To determine rankings, GOBankingRates looked at the following factors: (1) total assets as sourced from the FDIC; (2) checking product minimum deposit; (3) monthly checking fee ratio (percentage of the minimum to avoid fees compared to the monthly fee itself); (4) savings product minimum deposit; (5) savings product APY; (6) Bauer rating (out of 5 stars); (7) products/services offered (auto loans, mortgage loans, credit cards, investment services and insurance); and (8) the average mobile app rating between the Google Play (Android) and Apple stores. All factors were then scored and combined, with the lowest score being the best. Factors (1), (2) and (4) were weighed 0.5 times, factor (5) was weighed 2.5 times and factor (7) was weighed 1.5 times. All products and offerings had to be available as of Nov. 8, 2024, to be considered.
Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of July 30, 2025.
To qualify as one of the Best Banks in the state, the institution needed at least five branch locations in the respective state, with some exceptions for larger and/or smaller states.
How To Choose the Right Bank in Louisiana
If you live in Louisiana, you’ll have plenty of banking options — whether you’re in New Orleans, Baton Rouge or a smaller town. You can choose from national banks, regional banks, online banks and local credit unions. While online banks tend to offer the most competitive rates, regional banks may have the strongest branch presence in your part of Louisiana.
As you consider your banking options in Louisiana, keep the following factors in mind:
- Location: If you want access to in-person banking, consider which banks have nearby branches. Many regional banks and credit unions in Louisiana have strong local footprints, especially in the southern and central parts of the state.
- Availability: Review each bank’s hours — including holiday schedules — to make sure they align with your needs. If you’re comfortable managing your banking online, a high-yield online bank could offer better savings rates.
- Bank health: Some Louisiana regional banks choose to stay small to focus on local customers, while others may be limited by growth constraints. Review their financials to ensure they’re stable enough to meet your long-term needs.
- Rewards and promotions: Many Louisiana banks and credit unions offer sign-up bonuses, special rates or community rewards. Compare these offers to get the best value.
- Account offerings: Make sure the bank you choose offers all the products you’ll need — including checking, savings, CDs and loans — especially if you prefer to do all your banking in one place.
- Community involvement: Louisiana has a strong culture of community support, and some local banks reflect that by giving back through charitable initiatives, education programs or disaster relief efforts. If that matters to you, research the bank’s local involvement.
Conclusion
Before you commit to a new bank, take some time to consider what you need. Some want a simple checking account. Others want to maximize their savings with a high APY. Still others value the ability to tackle banking tasks in-person.
The top banks in Louisiana are Capital One, Hancock Whitney and b1BANK. But consider all of your options before opening a new account.
FAQs About Banking in Louisiana
Here’s more information to help you find the best Louisiana bank for your needs.- What is the best bank for high-yield savings in Louisiana?
- Capital One offers some of the best high-yield savings options in Louisiana.
- Which banks have the most ATMs in Louisiana?
- Hancock Whitney and Chase are two banks with a significant ATM presence in Louisiana.
- Are there any banks in Louisiana with no monthly fees?
- Capital One is one bank that offers accounts with no monthly fees in Louisiana.
More Resources for Banking
Best Banks
Checking Accounts
Savings Accounts
CD Account Rates
Money Market Accounts
Sarah Sharkey contributed to the reporting for this article.
*Capital One interest rates accurate as of July 30, 2025. See website for all current rates.
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