Best Banks in Missouri
Written by
Rudri Patel
Edited by
Elizabeth Constantineau
Rural areas make up a large portion of Missouri, but nearly 70% of the population lives in urban areas. The best banks and credit unions in Missouri need to serve wide swaths of sparsely populated areas in addition to cities located hundreds of miles from each other. In this guide to the best Missouri banks, GOBankingRates looks at the top choices for checking, savings and certificates of deposit (CDs).
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TOP MISSOURI BANKS AT A GLANCE
Bank/Institution
Savings APY
Notable Features
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Detailed Reviews of the Best Banks in Missouri
The top banks in Missouri combine useful account features with good value in terms of minimums, fees and interest rates.
Gold Winner: U.S. Bank
U.S. Bank is the fifth-largest bank in America and the largest by far among GOBankingRates’ picks for top banks in Missouri. A large network of ATMs and 131 branch locations throughout the state make U.S. Bank accessible to most Missourians, whether you’re simply looking for new bank accounts or also need wealth management or loans.
U.S. Bank has an A- Better Business Bureau rating, and Bauer Financial gives it five stars for “superior” financial health.
Best For
Investment Management
Personal Loans
Corporate and Commercial Banking
Home Loans
National Banks
$25 Minimum Deposit for Checking Accounts
U.S. Bank provides services for everyday banking and specialty services like loans, investments and commercial banking. The U.S. Bank app is user friendly and there are approximately 2,200 ATMs across 26 states.
Total Branch Locations
Over 2,200
Mobile App Rating
4.8 on the Apple App Store and 4.7 on Google Play
Other Products Offered
Everyday banking, investment management, corporate and commercial banking, home, vehicle and personal loans
Pros
- Diverse product offerings
- Extensive branch and ATM network
- 24/7 customer service
Cons
- Low interest rates on savings accounts
- Monthly maintenance fees
- High overdraft fees
Why We Like U.S. Bank
U.S. Bank offers a wide range of banking products, including checking, savings, loans and investment services, making it a one-stop solution for financial needs. It has an extensive branch and ATM network and a user-friendly app.
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Silver Winner: Commerce Bank
Commerce Bank is a regional bank, but its roots are firmly planted in Kansas City. Despite its larger footprint, Commerce Bank remains true to its Midwestern roots, providing a range of financial services, including banking, wealth management, estate planning and investments, throughout Missouri and beyond.
Although Commerce Bank has an average Better Business Bureau rating, Bauer Financial gives it a five-star “superior” rating.
Best For
Mobile Banking
Low Monthly Fees
No Minimum Deposits
Loan Options
Savings Tools
Reward Savings With Features Like Round Up and SmartSave
Commerce Bank offers multiple options in checking, a referral program where you can earn up to $500 in Visa Rewards cards and multiple loan programs. As a full-service bank, it has everything Kansas residents need to manage their money.
Total Branch Locations
300
Mobile App Rating
4.7 on both the Apple App Store and Google Play
Other Products Offered
Checking, savings, money market, loan options
Pros
- 300 convenient locations across the Midwest
- Free checking
- Savings rewards bonus
Cons
- Low interest on savings account
- $25 minimum opening deposit for checking
- Commerce ID Recover and Monitor services have additional fees
Why We Like Commerce Bank
Commerce Bank offers checking, savings and loan products comparable to a national bank, with 300 branches and ATM locations, plus free access to the MoneyPass network of ATMs.
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Bronze Winner: Central Bank
The Central Trust Bank was founded over 120 years ago as the Central Missouri Trust Company, and its name was formally changed to Central Bank in 2015. Although the bank’s market spans six states, its largest presence remains in Missouri, where it has 140 branches.
The BBB rates Central Bank an A+, and Bauer Financial gives it a five-star “superior” rating.
Best For
Home Loans
Mobile Banking
Checking Account Variety
Low Minimum Deposits
Personal Loans
Free Checking and Low-Cost Savings
Central Bank gives customers five checking accounts to choose from, including free checking with limited check writing. World Checking is especially notable for travelers because its debit card has a low 1% international transaction fee.
Total Branch Locations
180
Mobile App Rating
4.9 on the Apple App Store and 4.8 on Google Play
Other Products Offered
Checking, savings, money market, CDs, credit cards, wealth management, investing and home, auto and personal loans
Pros
- Many branch locations
- Good selection of checking accounts with benefits like ATM fee refunds and shopping rewards
- Outstanding mobile app
Cons
- Interest rates not disclosed online
- Difficult-to-waive or nonwaivable monthly maintenance fees
Why We Like Central Bank
Central Bank earned a top spot among Missouri’s best banks for its extensive selection of checking accounts. They range from a basic free account with limited check writing to feature-filled accounts for customers who maintain high balances.
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Best Banks
Best Picks for Checking Accounts
Best Savings Accounts
CD Account Rates
Best 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 Sept. 2, 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 Missouri
Keep the following considerations in mind when shopping for your next checking and savings accounts in Missouri.
- Regional vs. national: Regional banks might offer more personalized service, but they often lack the breadth of financial services and perks that national banks provide.
- Account selection: Look for accounts that help you grow wealth with competitive rates and incentives for saving.
- Loan products: Keeping all your financial accounts with the same bank makes managing the accounts easier. Some banks reward your loyalty.
- Fees: Ideally, you’ll go with a bank that doesn’t charge you just for having an account. Other fees to watch for are overdraft and ATM fees, both of which can really add up.
- Digital platforms: A great mobile app with a digital wallet and money transfers makes managing your money easier.
- Community involvement: Look for a bank that invests in its communities’ businesses and neighborhoods.
Conclusion
Missourians have plenty of banking choices, but finding the right bank isn’t so easy. Keep your financial priorities in mind as you explore GOBankingRates’ recommendations, then apply for an account at your top pick.
FAQs About Banking in Missouri
Here's more information to help you find the best Missouri bank for your needs.- What is the best bank for high-yield savings in Missouri?
- U.S. Bank is the best choice among the banks GOBankingRates reviewed. Its Smartly Savings account earns relationship rates of up to 3.00% APY with qualifying balances of $100,000 or more across eligible accounts.
- Which banks have the most ATMs in Missouri?
- The banks GOBankingRates reviewed don’t disclose ATM figures by state, but you can click the “Location” navigation link on any bank website to search ATM locations near you.
- Are there any banks in Missouri with no monthly fees?
- No bank reviewed by GOBankingRates is completely without fees, but each of the top Missouri banks above has certain accounts with no fees or fees that are easily waived.
More Resources for Banking
Best Banks
Best Picks for Checking Accounts
Best Savings Accounts
CD Account Rates
Best Money Market Accounts
Daria Uhlig contributed to the reporting for this article.
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