Advertiser Disclosure

The Best Regional Banks Throughout the West South Central

January 21, 2022

4 min Read

Written by Andrew Lisa

Edited by Susan Kim

SDI Productions / iStock.com

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased 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 products and services review methodology.

20 Years
Helping You Live Richer

Reviewed
by Experts

Trusted by
Millions of Readers

Texas, Oklahoma, Arkansas and Louisiana make up the West South Central region, which is the geographical bridge between the American Southwest and the Deep South. There’s plenty of variety among the region’s 10 best financial institutions, including giant banks that are by no means unique to the area and small regional banks and credit unions — including one local gem you won’t find anywhere else in the country.

In order to pick out the best financial institutions in the West South Central states, GOBankingRates examined the checking fees, savings APY and 12-month CD APY associated with each bank or credit union, as well as the number of branch locations. You’ll see all of that critical information laid out below, but the study dug even deeper.

The rankings also considered what other kinds of financial products and services each bank and credit union offers — including mortgages, vehicle loans, investment services, insurance and credit cards — as well as their total assets and their mobile app ratings.

The following is a list of the top 10 banks and credit unions in the West South Central region of America.

JP Morgan Chase

Branch locations: 4,960
Checking fee: $12
Savings APY: 0.01%
12-month CD APY: 0.02%

Navy Federal Credit Union

Branch locations: 298
Checking fee: $0
Savings APY: 0.25%
12-month CD APY: 0.55%

Bank of America

Branch locations: 4,215
Checking fee: $12
Savings APY: 0.01%
12-month CD APY: 0.03%

Wells Fargo

Branch locations: 5,024
Checking fee: $10
Savings APY: 0.01%
12-month CD APY: 0.01%

American Airlines Credit Union

Branch locations: 38
Checking fee: $4.75
Savings APY: 0.40%
12-month CD APY: 0.50%

Eastman

Branch locations: 28
Checking fee: $0
Savings APY: 0.30%
12-month CD APY: 0.65

Tinker Federal Credit Union

Branch locations: 28
Checking fee: $0
Savings APY: 0.25
12-month CD APY: 0.55%

Delta Community

Branch locations: 30
Checking fee: $0
Savings APY: 0.08%
12-month CD APY: 0.55%

U.S. Bank

Branch locations: 2,319
Checking fee: $6.95
Savings APY: 0.01%
12-month CD APY: 0.05%

Truist Bank

Branch locations: 2,562
Checking fee: $12
Savings APY: 0.01%
12-month CD APY: 0.05%

More From GOBankingRates

Methodology: To discover the Top 100 Best Banks, GOBankingRates looked at all institutions with available published data (National, Regional, Local, and Online) from the 2021 Best Banks categories as well as all Credit Unions with over $1 billion in total assets and accessible to a wide audience. GOBankingRates looked at the following factors: (1) total assets as sourced from the FDIC and NCUA; (2) number of branch locations as sourced from the FDIC and NCUA; (3) checking account annual fee; (4) savings account APY rate; (5) 12-month CD APY rate; (6) customer service products offered (24/7 customer service and live chat with a human); (7) Bauer rating (out of 5 stars); (8) products/services offered (auto loans, mortgage loans, credit cards, investment services, and insurance); and (9) the average mobile app rating between the android and apple stores. All factors were then scored and combined, with the lowest score being best. Factors (1) and (4) were weighted 1.5 times in final scoring, factor (2) was weighted 2 times, factor (6) was weighted 0.5 times, and factor (8) was weighted 2.5 times. For all Savings and Checking Account data only the basic accounts/products offered at each institution was analyzed. All data is up to date as of 12/8/21, rates and fees subject to change.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.