National Bank of Arizona Review 2022: Local Service and Account Variety

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National Bank of Arizona
GOBankingRates Best Banks 2023 scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks.
Quick Take: National Bank of Arizona is a solid banking choice for residents of Arizona. The bank has all of the savings, checking, credit and borrowing products that most families need, along with friendly and personal service they might not find at a bigger bank.
  • Savings and CD Rates
  • Checking
  • Banking Experience
  • Overdraft Fees
How did we calculate this?


  • Friendly service
  • Offers online banking, Zelle and more
  • Military and senior discounts
  • Relationship APY rates


  • Excessive overdraft fees
  • More variety from competitors

About National Bank of Arizona

National Bank of Arizona provides both personal and business banking services throughout Arizona. Its customers have access to the same range of banking, borrowing and investment services that they would expect from most other banks.

For more than 30 years, the bank has provided Arizona residents with quality service. National Bank of Arizona is operated by the Zions Bancorporation, a major financial services company that owns almost 500 local financial centers throughout the Western states.

How National Bank of Arizona Earned its Scores

National Bank of Arizona received its scores based on the following factors.

Savings and CD Rates

National Bank of Arizona offers a number of savings accounts, including:

  • Young Savers
  • Money Market
  • IRA Money Market
  • Individual Development Account

Its standard savings account has a minimum opening deposit of $50 and a monthly fee of $5. However, that fee can be waived with a minimum balance of $200 or with $25 in automatic transfers from a linked checking account. The savings account offers an APY of , which can be increased with a relationship rate by linking a Premium Interest checking account.

Customers of National Bank of Arizona also have access to personal, jumbo and IRA certificates of deposit. The bank provides terms from as little as seven days to as long as five years. There is also a relationship bonus, in which customers receive a rate improvement when linking a Premium Interest checking account.

The National Bank of Arizona provides an APY of on its 12-month CD, which is considerably lower than some competitors and slightly lower than the national average, but the relationship bonus the bank provides can boost them to just over the average rate.


Customers can take advantage of several different types of checking accounts with National Bank of Arizona. The bank offers special terms for military and seniors and also has a budget checking account with simplified fees.

There are monthly fees, but these can be waived through minimum balance or use requirements. Their Anytime Interest Checking offers interest on the account but has a minimum balance of $1,500 for waiving monthly fees.

Banking Experience

Overall, National Bank of Arizona has a straightforward and painless banking experience. Customers have access to online banking, online bill payments, mobile check deposits, Zelle and more.

Going with a local bank can also have some advantages over larger nationwide options. National Bank of Arizona is a part of the community and supports local organizations like Feeding Matters and Ballet Arizona.

Overdraft Fees

Unfortunately, National Bank of Arizona charges an initial non-sufficient fund (NSF) fee of $29 each time the account is overdrawn, up to five times per day, unless the total overdraft amount at the end of the day is under $30. Account holders must opt in for this service, however — those who do not grant the bank permission to cover their overdrafts will simply have their transactions declined.

The bank also offers the option to link another account to cover overdrafts, which comes with a $10 transfer fee.

What Else Does National Bank of Arizona Have to Offer?

National Bank of Arizona has a wide range of financial products that give its customers tailored solutions for their unique needs. The bank offers many different types of checking and savings accounts, with versatile options for individuals with varying levels of income and financial goals.

The bank also provides wealth advisors and private banking services. Some of their wealth management services include:

  • Wealth planning
  • Investment management
  • Risk analysis
  • Trust services

National Bank of Arizona customers can also access a variety of Visa credit cards. These range from basic no-fee rewards cards to premium cards and even secured credit cards.

Borrowers can also take advantage of their auto loans, personal loans, mortgages in Arizona and any other lending product you would expect from a reputable bank.

National Bank of Arizona vs. Competitors

National Bank of Arizona has a number of key competitors, both from other local banking options and nationwide banks.

Bank Best For
National Bank of Arizona A wide range of financial products with friendly, local service.
Bank of America The widest possible range of credit and lending options.
1st National Bank Texas The lowest rates found in local banking options.

National Bank of Arizona vs. Bank of America

Bank of America, Member FDIC, has over 100 locations in Arizona, providing the same quality service they do across the country.

Bank of America has a wider range of credit and loan products than National Bank of Arizona, but it mostly comes down to choosing between local and nationwide options.

National Bank of Arizona vs. 1st National Bank Texas

Despite its name, 1st National Bank Texas also has branches in Arizona and other nearby states.

The bank generally has lower requirements to waive fees for checking and savings accounts, so it could be the right choice if that’s the deciding factor, but its APY rates are variable.

Final Take

Most Arizona residents will find that National Bank of Arizona has everything they need.

The bank might not boast the most impressive selection or the best rates, but they deliver adequately in every category while providing a more personal approach.


These are some common questions and answers about National Bank of Arizona.
  • Who owns National Bank of Arizona?
    • National Bank of Arizona is owned by Zions Bancorporation, a major financial services company with over $65 billion in assets.
  • How many branches does National Bank of Arizona have?
    • National Bank of Arizona has over 60 branches throughout Arizona.
  • Does National Bank of Arizona use Zelle?
    • Yes, National Bank of Arizona does allow account holders to use Zelle.

Editorial Note: This content is not provided by National Bank of Arizona or any other financial institutions mentioned. 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 National Bank of Arizona or any other financial institutions mentioned.

Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of July 20, 2022.

Our in-house research team and on-site financial experts work together to create content that’s accurate, impartial, and up to date. We fact-check every single statistic, quote and fact using trusted primary resources to make sure the information we provide is correct. You can learn more about GOBankingRates’ processes and standards in our editorial policy.

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About the Author

Teddy Garcia is an experienced freelance writer who develops a wide range of content across many industries. He has a B.Sc. in Chemical Engineering and has created blog posts, website copy, use cases, and more for a variety of chemical industry and manufacturing organizations. 
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