The Biggest Bank in Every State
There are benefits to entrusting your savings to a larger bank.
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Despite their reputation as impersonal and profit-driven, big banks do have certain advantages. Most offer a wide range of financial products and the convenience of numerous locations. And, in many states, the biggest bank is actually a community or regional financial institution that aims to put customers first.
GOBankingRates pinpointed the biggest bank in each state, using a directory from the Federal Deposit Insurance Corp. to rank financial institutions by total deposits inside of their market, or within their home state.
Alabama: Regions Bank
- Total deposits inside market: $21.9 billion
- Total deposits overall: $96.6 billion
Alaska: First National Bank Alaska
- Total deposits inside market: $2.41 billion
- Total deposits overall: $2.41 billion
Arizona: Western Alliance Bank
- Total deposits inside market: $7.97 billion
- Total deposits overall: $18.33 billion
Related: Are Banks Open Labor Day 2019?
Arkansas: Arvest Bank
- Total deposits inside market: $9.5 billion
- Total deposits overall: $16.17 billion
California: MUFG Union Bank
- Total deposits inside market: $78.88 billion
- Total deposits overall: $86.5 billion
Colorado: FirstBank
- Total deposits inside market: $15.62 billion
- Total deposits overall: $16.5 billion
Connecticut: Webster Bank
- Total deposits inside market: $18.6 billion
- Total deposits overall: $21.52 billion
Delaware: TD Bank
- Total deposits inside market: $96.37 billion
- Total deposits overall: $247.99 billion
Florida: TIAA Bank
- Total deposits inside market: $23.14 billion
- Total deposits overall: $23.14 billion
Related: Best Regional Banks of 2020
Georgia: SunTrust Bank
- Total deposits inside market: $54.36 billion
- Total deposits overall: $165.21 billion
Hawaii: First Hawaiian Bank
- Total deposits inside market: $16.04 billion
- Total deposits overall: $17.4 billion
Idaho: D.L. Evans Bank
- Total deposits inside market: $1.23 billion
- Total deposits overall: $1.23 billion
Illinois: BMO Harris Bank
- Total deposits inside market: $49.19 billion
- Total deposits overall: $83.57 billion
Indiana: Old National Bank
- Total deposits inside market: $7 billion
- Total deposits overall: $12.67 billion
Iowa: Bankers Trust Co.
- Total deposits inside market: $3.08 billion
- Total deposits overall: $3.41 billion
Kansas: Capitol Federal Savings Bank
- Total deposits inside market: $5.42 billion
- Total deposits overall: $5.51 billion
Kentucky: Republic Bank & Trust Co.
- Total deposits inside market: $3.01 billion
- Total deposits overall: $3.57 billion
Louisiana: IberiaBank
- Total deposits inside market: $7.98 billion
- Total deposits overall: $23.58 billion
Maine: Camden National Bank
- Total deposits inside market: $3.08 billion
- Total deposits overall: $3.08 billion
Maryland: Sandy Spring Bank
- Total deposits inside market: $4.08 billion
- Total deposits overall: $5.86 billion
Massachusetts: Eastern Bank
- Total deposits inside market: $9.03 billion
- Total deposits overall: $9.41 billion
Michigan: Chemical Bank
- Total deposits inside market: $13.12 billion
- Total deposits overall: $14.57 billion
Minnesota: Bremer Bank, National Association
- Total deposits inside market: $7.98 billion
- Total deposits overall: $10.34 billion
Mississippi: Trustmark National Bank
- Total deposits inside market: $7.6 billion
- Total deposits overall: $11.09 billion
Missouri: Commerce Bank
- Total deposits inside market: $14.76 billion
- Total deposits overall: $20.56 billion
Montana: First Interstate Bank
- Total deposits inside market: $4.76 billion
- Total deposits overall: $9.47 billion
Nebraska: First National Bank of Omaha
- Total deposits inside market: $11.08 billion
- Total deposits overall: $16.85 billion
Nevada: Charles Schwab Bank
- Total deposits inside market: $190.94 billion
- Total deposits overall: $190.94 billion
New Hampshire: Bank of New Hampshire
- Total deposits inside market: $1.24 billion
- Total deposits overall: $1.24 billion
New Jersey: Investors Bank
- Total deposits inside market: $14.94 billion
- Total deposits overall: $17.2 billion
New Mexico: New Mexico Bank & Trust
- Total deposits inside market: $1.24 billion
- Total deposits overall: $1.24 billion
New York: Manufacturers and Traders Trust Co. (M&T Bank)
- Total deposits inside market: $47.59 billion
- Total deposits overall: $90.12 billion
North Carolina: Bank of America
- Total deposits inside market: $170.18 billion
- Total deposits overall: $1.31 trillion
North Dakota: Bell Bank
- Total deposits inside market: $2.59 billion
- Total deposits overall: $4.35 billion
Ohio: U.S. Bank
- Total deposits inside market: $59.75 billion
- Total deposits overall: $320.95 billion
Oklahoma: BOK Financial
- Total deposits inside market: $11.64 billion
- Total deposits overall: $22.47 billion
Oregon: Umpqua Bank
- Total deposits inside market: $7.8 billion
- Total deposits overall: $20.86 billion
Pennsylvania: First National Bank of Pennsylvania
- Total deposits inside market: $15.04 billion
- Total deposits overall: $22.71 billion
Rhode Island: Citizens Bank, National Association
- Total deposits inside market: $10.8 billion
- Total deposits overall: $90.3 billion
South Carolina: South State Bank
- Total deposits inside market: $7.05 billion
- Total deposits overall: $11.66 billion
South Dakota: Wells Fargo Bank
- Total deposits inside market: $311.6 billion
- Total deposits overall: $1.27 trillion
Tennessee: First Tennessee Bank
- Total deposits inside market: $24.01 billion
- Total deposits overall: $31.22 billion
Texas: USAA Federal Savings Bank
- Total deposits inside market: $72.97 billion
- Total deposits overall: $72.97 billion
Utah: Ally Bank
- Total deposits inside market: $100.26 billion
- Total deposits overall: $100.26 billion
Vermont: Northfield Savings Bank
- Total deposits inside market: $711.37 million
- Total deposits: $711.37 million
Virginia: Capital One Bank
- Total deposits inside market: $69.8 billion
- Total deposits overall: $69.8 billion
Washington: Washington Federal
- Total deposits inside market: $5.94 billion
- Total deposits overall: $11.37 billion
West Virginia: WesBanco Bank Inc.
- Total deposits inside market: $3.05 billion
- Total deposits overall: $7.67 billion
Wisconsin: Associated Bank
- Total deposits inside market: $16.34 billion
- Total deposits overall: $23.91 billion
Wyoming: Bank of Jackson Hole
- Total deposits inside market: $687.23 million
- Total deposits overall: $687.23 million
More on Banking
- 58% of Americans Have Less Than $1,000 in Savings
- 2019 Banking Report: Many Americans Don’t Understand the Basics of Banking
- Best National Banks of 2020
- Best Balance-Transfer Credit Cards of 2019
Methodology: GOBankingRates used the Federal Deposit Insurance Corp.’s (FDIC) directory to find the largest bank by total deposits inside of market, meaning deposits within the state. Banks must be headquartered in the state. Number of offices and total deposits — inside and outside of the state — are for informational purposes only and do not factor into the ranking. In three states, Massachusetts, New York and Utah, the second-largest banks are listed because the largest provide investment and wealth management services rather than traditional banking services. The number of branches listed for each bank was sourced from the FDIC and found using each bank’s FDIC number. The number of branches that banks list on their websites might differ from this number. All data used to conduct this study was compiled and verified on Aug. 1, 2019.
Photos are for illustrative purposes only. As a result, some of the photos might not reflect the banks listed in this article.
About the Author
Joel Anderson
Joel Anderson is a business and finance writer with over a decade of experience writing about the wide world of finance. Based in Los Angeles, he specializes in writing about the financial markets, stocks, macroeconomic concepts and focuses on helping make complex financial concepts digestible for the retail investor.
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Despite their reputation as impersonal and profit-driven, big banks do have certain advantages. Most offer a wide range of financial products and the convenience of numerous locations. And, in many states, the biggest bank is actually a community or regional financial institution that aims to put customers first.
GOBankingRates pinpointed the biggest bank in each state, using a directory from the Federal Deposit Insurance Corp. to rank financial institutions by total deposits inside of their market, or within their home state.
1. Alabama: Regions Bank
- Total deposits inside market: $21.9 billion
- Total deposits overall: $96.6 billion
2. Alaska: First National Bank Alaska
- Total deposits inside market: $2.41 billion
- Total deposits overall: $2.41 billion
3. Arizona: Western Alliance Bank
- Total deposits inside market: $7.97 billion
- Total deposits overall: $18.33 billion
Related: Are Banks Open Labor Day 2019?
4. Arkansas: Arvest Bank
- Total deposits inside market: $9.5 billion
- Total deposits overall: $16.17 billion
5. California: MUFG Union Bank
- Total deposits inside market: $78.88 billion
- Total deposits overall: $86.5 billion
6. Colorado: FirstBank
- Total deposits inside market: $15.62 billion
- Total deposits overall: $16.5 billion
7. Connecticut: Webster Bank
- Total deposits inside market: $18.6 billion
- Total deposits overall: $21.52 billion
8. Delaware: TD Bank
- Total deposits inside market: $96.37 billion
- Total deposits overall: $247.99 billion
9. Florida: TIAA Bank
- Total deposits inside market: $23.14 billion
- Total deposits overall: $23.14 billion
Related: Best Regional Banks of 2020
10. Georgia: SunTrust Bank
- Total deposits inside market: $54.36 billion
- Total deposits overall: $165.21 billion
11. Hawaii: First Hawaiian Bank
- Total deposits inside market: $16.04 billion
- Total deposits overall: $17.4 billion
12. Idaho: D.L. Evans Bank
- Total deposits inside market: $1.23 billion
- Total deposits overall: $1.23 billion
13. Illinois: BMO Harris Bank
- Total deposits inside market: $49.19 billion
- Total deposits overall: $83.57 billion
14. Indiana: Old National Bank
- Total deposits inside market: $7 billion
- Total deposits overall: $12.67 billion
15. Iowa: Bankers Trust Co.
- Total deposits inside market: $3.08 billion
- Total deposits overall: $3.41 billion
16. Kansas: Capitol Federal Savings Bank
- Total deposits inside market: $5.42 billion
- Total deposits overall: $5.51 billion
17. Kentucky: Republic Bank & Trust Co.
- Total deposits inside market: $3.01 billion
- Total deposits overall: $3.57 billion
18. Louisiana: IberiaBank
- Total deposits inside market: $7.98 billion
- Total deposits overall: $23.58 billion
19. Maine: Camden National Bank
- Total deposits inside market: $3.08 billion
- Total deposits overall: $3.08 billion
20. Maryland: Sandy Spring Bank
- Total deposits inside market: $4.08 billion
- Total deposits overall: $5.86 billion
21. Massachusetts: Eastern Bank
- Total deposits inside market: $9.03 billion
- Total deposits overall: $9.41 billion
22. Michigan: Chemical Bank
- Total deposits inside market: $13.12 billion
- Total deposits overall: $14.57 billion
23. Minnesota: Bremer Bank, National Association
- Total deposits inside market: $7.98 billion
- Total deposits overall: $10.34 billion
24. Mississippi: Trustmark National Bank
- Total deposits inside market: $7.6 billion
- Total deposits overall: $11.09 billion
25. Missouri: Commerce Bank
- Total deposits inside market: $14.76 billion
- Total deposits overall: $20.56 billion
26. Montana: First Interstate Bank
- Total deposits inside market: $4.76 billion
- Total deposits overall: $9.47 billion
27. Nebraska: First National Bank of Omaha
- Total deposits inside market: $11.08 billion
- Total deposits overall: $16.85 billion
28. Nevada: Charles Schwab Bank
- Total deposits inside market: $190.94 billion
- Total deposits overall: $190.94 billion
29. New Hampshire: Bank of New Hampshire
- Total deposits inside market: $1.24 billion
- Total deposits overall: $1.24 billion
30. New Jersey: Investors Bank
- Total deposits inside market: $14.94 billion
- Total deposits overall: $17.2 billion
31. New Mexico: New Mexico Bank & Trust
- Total deposits inside market: $1.24 billion
- Total deposits overall: $1.24 billion
32. New York: Manufacturers and Traders Trust Co. (M&T Bank)
- Total deposits inside market: $47.59 billion
- Total deposits overall: $90.12 billion
33. North Carolina: Bank of America
- Total deposits inside market: $170.18 billion
- Total deposits overall: $1.31 trillion
34. North Dakota: Bell Bank
- Total deposits inside market: $2.59 billion
- Total deposits overall: $4.35 billion
35. Ohio: U.S. Bank
- Total deposits inside market: $59.75 billion
- Total deposits overall: $320.95 billion
36. Oklahoma: BOK Financial
- Total deposits inside market: $11.64 billion
- Total deposits overall: $22.47 billion
37. Oregon: Umpqua Bank
- Total deposits inside market: $7.8 billion
- Total deposits overall: $20.86 billion
38. Pennsylvania: First National Bank of Pennsylvania
- Total deposits inside market: $15.04 billion
- Total deposits overall: $22.71 billion
39. Rhode Island: Citizens Bank, National Association
- Total deposits inside market: $10.8 billion
- Total deposits overall: $90.3 billion
40. South Carolina: South State Bank
- Total deposits inside market: $7.05 billion
- Total deposits overall: $11.66 billion
41. South Dakota: Wells Fargo Bank
- Total deposits inside market: $311.6 billion
- Total deposits overall: $1.27 trillion
42. Tennessee: First Tennessee Bank
- Total deposits inside market: $24.01 billion
- Total deposits overall: $31.22 billion
43. Texas: USAA Federal Savings Bank
- Total deposits inside market: $72.97 billion
- Total deposits overall: $72.97 billion
44. Utah: Ally Bank
- Total deposits inside market: $100.26 billion
- Total deposits overall: $100.26 billion
45. Vermont: Northfield Savings Bank
- Total deposits inside market: $711.37 million
- Total deposits: $711.37 million
46. Virginia: Capital One Bank
- Total deposits inside market: $69.8 billion
- Total deposits overall: $69.8 billion
47. Washington: Washington Federal
- Total deposits inside market: $5.94 billion
- Total deposits overall: $11.37 billion
48. West Virginia: WesBanco Bank Inc.
- Total deposits inside market: $3.05 billion
- Total deposits overall: $7.67 billion
49. Wisconsin: Associated Bank
- Total deposits inside market: $16.34 billion
- Total deposits overall: $23.91 billion
50. Wyoming: Bank of Jackson Hole
- Total deposits inside market: $687.23 million
- Total deposits overall: $687.23 million
More on Banking
- 58% of Americans Have Less Than $1,000 in Savings
- 2019 Banking Report: Many Americans Don’t Understand the Basics of Banking
- Best National Banks of 2020
- Best Balance-Transfer Credit Cards of 2019
Methodology: GOBankingRates used the Federal Deposit Insurance Corp.’s (FDIC) directory to find the largest bank by total deposits inside of market, meaning deposits within the state. Banks must be headquartered in the state. Number of offices and total deposits — inside and outside of the state — are for informational purposes only and do not factor into the ranking. In three states, Massachusetts, New York and Utah, the second-largest banks are listed because the largest provide investment and wealth management services rather than traditional banking services. The number of branches listed for each bank was sourced from the FDIC and found using each bank’s FDIC number. The number of branches that banks list on their websites might differ from this number. All data used to conduct this study was compiled and verified on Aug. 1, 2019.
Photos are for illustrative purposes only. As a result, some of the photos might not reflect the banks listed in this article.
About the Author
Joel Anderson
Joel Anderson is a business and finance writer with over a decade of experience writing about the wide world of finance. Based in Los Angeles, he specializes in writing about the financial markets, stocks, macroeconomic concepts and focuses on helping make complex financial concepts digestible for the retail investor.
