The Best Banks for Business in the United States.

Greetings, dear readers. Today I am going to talk about banks in the United States. This topic is quite extensive as it requires an in-depth analysis of each of the banks. When writing this article I used the Credit Card Utilization Ratio Calculator, which helped me to analyze the credit card conditions of American banks more deeply. 

A total of about 72,000 respondents were surveyed. 

It turned out that U.S. residents are mostly satisfied with their banks and their work. Credit unions and online banks were very often praised. A total of 148 financial institutions were reviewed, including 69 traditional banks, 70 credit unions and 9 online banks.

 Among the factors that influenced the position in the survey, the main were: the quality of customer service, waiting time in line, the convenience of the institution’s website and its hours of operation. 

It turned out that the highest rates were for relatively small banks. The first places were occupied by two regional banks. 

  First Republic Bank, headquartered in San Francisco, California, and Frost Bank, based in San Antonio, Texas. 

  Just below are First National Bank of Omaha, whose headquarters, as is already clear, are located in the main city of Nebraska, Omaha, and Third Federal, a bank based in Cleveland, Ohio.

 All of these financial institutions have received very high marks from their customers. By contrast, the nation’s largest banks such as Bank of America, Wells Fargo and JPMorgan Chase received more modest reviews. 

Among these three financial giants, JPMorgan Chase is the leader and a little behind the front lines. 

At this bank, customers noted the convenience of online services and mobile apps, as well as up-to-date advice on various financial products. Consumer Reports noted a significant increase in satisfaction among customers of various credit unions. 

  The U.S. population has become significantly more likely to trust these financial institutions, and the main reason for this was the low interest rates on loans. 

Online banks also received high marks from their customers. Ease of use, openness and favorable terms attract more and more people. 

  The leaders among these financial institutions are USAA, Schwab Bank. 

One of the institutions, which gained the least amount of positive reviews was HSBC Bank CR. More than half of its customers were not satisfied with the level of service and efficiency of online services. Bank representatives say that they have already begun to develop a program to improve customer service and modernize the virtual banking.

Forbes surveyed U.S. banks, looking at return on average tangible total capital, return on average assets, net interest margin, efficiency ratio and net charge-offs as a percentage of total loans. 

Forbes also takes into account non-performing assets as a percentage of assets, CET1 ratio, risk-based capital ratio, reserves as a percentage of non-performing assets and growth in operating income.

The top three U.S. banks all hail from California: CVB Financial, SVB Financial and Pacific Bancorp. Home BancShares, which has been the highest-ranked bank for two years in a row, ranked No. 4.

Interestingly, small banks and those focused on commercial lending continue to dominate the top of Forbes’ list: no bank in the top 20 had more than $100 billion in assets. The big four in the U.S. banking system – JPMorgan Chase, Bank of America, Citigroup and Wells Fargo – have combined assets of $9.1 trillion, or more than half of the total U.S. Muncie, Western Alliance Bancorp, Winging, Prosperity Bancorp, Kalispell, and DeWitt are in Forbes’ top 10.

                Which one to choose?


Lifehack #1. 

Take your time.

The most important thing about a deposit is its interest rate. But do not lose your head if the financial institution offers a more or less high yield.

To save your savings, it is better:

Don’t chase a high interest rate;

“Behind a high interest rate a bank can hide its problems, which it wants to solve at the expense of depositors. As a rule, small banks like to sin with this, so it is better to entrust your money to large players who have at least 60-70 branches and a large number of assets.” 

Do not withdraw your money before the deadline, so as not to lose the high interest; 

Lifehack #2. 

Read the contract carefully (especially the terms, amount, and replenishment options).

What you should pay attention to first:


The most profitable deposits are made for a period of one year or more, the longer you do not withdraw your money, the more profitable. Another subtlety – pay attention to the number of days in the contract and the date it ends.

 Sometimes depositors do not notice that banks put 370 or 380 days instead of 365 days, close the deposit earlier and lose interest. The possibility of replenishment. Deposits with a replenishment option are often characterized by a lower interest rate.

   If you want to keep a certain amount, put it on a regularly replenished account, and when you have enough money, open another deposit. Deposit the principal amount at a higher interest rate. 

Lifehack #3. 

Keep an eye on the interest rate on the deposit and the refinancing rate.

The rate may be floating. This means that high interest will not accrue for the entire term, but only part of the time. 

Lifehack #4. 

Calculate in advance how much you will earn on the deposit.

The easiest option is to use the calculator on the bank’s website, but here you need to consider the terms of opening a deposit.


Takes a lot of time, but adds up to 1% to the deposit. It is enough to activate a personal account and open an online bank in the selected organization (usually it is free).

News Related


Cramer's week ahead: Have your buy list ready for any 'hideous moments'

CNBC's Jim Cramer on Friday previewed next week's major corporate earnings reports after Wall Street capped off a wild week filled with major intraday moves for the major U.S. stock ... Read more »

First blizzard warnings in 4 years in effect as East Coast braces for powerful nor'easter

An excavator piles road salt in preparation for Winter Storm Kenan at the Boston Public Works Department yard on January 28, 2022 in Boston, Massachusetts.Scott Eisen | Getty Images The ... Read more »

What price zero Covid? We need to know the cost to Hong Kong

As the Omicron onslaught continues in Hong Kong, undermining the administration’s embattled efforts to stick with its “zero-Covid” tactics, the need is urgent for a rigorous cost-benefit examination of the ... Read more »

Why the Fed is closely tracking this number

The employment cost index is a low-key piece of data — but in recent months it has strongly influenced policy decisions at the Federal Reserve. Read more »

AirAsia eyes 1bn flyers by 2026 Group seeks to become digital travel and lifestyle company

Mr Fernandes, second from right, and company executives announce the name change from AirAsia Group to Capital A in Kuala Lumpur yesterday. AirAsia Group aims to connect more than 1 ... Read more »

Fed signals send shares on a bumpy ride

Recap: Global markets were mixed yesterday after being whipsawed throughout the week as investors reacted to Federal Reserve signals pointing to aggressive monetary tightening, while US GDP data showed surprisingly ... Read more »

Building a digital one-stop shop Bitazza wants to become 'the cryptobank', allowing the easy transfer of assets, writes Nuntawun Polkuamdee

Mr Kavin says the company is preparing to expand to other several digital asset businesses, including digital asset exchange, digital asset management, digital asset trading advisory, and digital asset wallet ... Read more »

TAT sees uptick in festive spending

A man examines lanterns and auspicious items on sale at a store in Bangkok’s Chinatown, ahead of Chinese New Year. Tourism revenue during the Chinese New Year is poised for ... Read more »

Fed may not be as hawkish as it seems

Since the beginning of this year, global financial markets have been very depressed. Major stock indices around the world have fallen by 5-10% amid higher investment risks derived from three ... Read more »

Corporate brand accolades awarded

Mr Ake and Ms Guntalee of CBS say brand values represent corporate strength. The “Asean and Thailand Top Corporate Brands 2021” event highlighted sustainability goals in the region, according to ... Read more »

True, DTAC submit merger report to the regulator

A joint report by True Corporation Plc and Total Access Communication Plc (DTAC) about their amalgamation plan has been submitted to the National Broadcasting and Telecommunications Commission (NBTC), in compliance ... Read more »

FPO keeps 2022 growth view at 4% Forecast for 2021 upgraded to 1.2% based on exports and stimulus packages

The atmosphere at Trok Mo morning market, also known as Thesa market, on Jan 23. The FPO predicts private consumption this year is expected to expand by 4.5%. The Fiscal ... Read more »

What do I know now?

My wife and I have corona and are not allowed to leave the house. As medicine we watch and comment on an episode of I leave. Two hip Amsterdammers emigrate ... Read more »

Visa, Atlassian rise; Mondelez, Western Digital fall

Stocks that traded heavily or had substantial price changes Friday: Visa Inc., up $21.85 to $228. The global payments processor reported a strong fiscal first-quarter profit that beat Wall Street ... Read more »

Petrol price this weekend to record due to tensions Ukraine

Photo: ANP The price for a liter of petrol rose to a new record high on Saturday. Tensions on the border between Russia and Ukraine are pushing up already high ... Read more »

The ‘blue family' KLM has been on the drip for a century

Fresh news is a curse and a blessing for the author of a new journalism book. If you’ve just written a book about KLM – like investigative journalist Ties Joosten ... Read more »

Get rid of the gas and still pay more for a warm house. How is that possible?

For Tilburg alderman Oscar Dusschooten it is clear what challenge the local energy supplier faces: explain to his fellow citizens why they will pay 58 percent more for a warm ... Read more »

Disco roller skates take off after woman repurposes rentals into 'Moon Boots'

Adrienne Cooper was stuck with 500 roller skates after the pandemic prevented her disco roller rink from opening, so she repurposed them. Read more »

Bengals, Rams Super Bowl could boost Best Buy's TV sales. A Chiefs-49ers appearance would be the worst-case scenario, analyst says

Joe Burrow #9 of the Cincinnati Bengals against the Tennessee Titans during the AFC Divisional Playoff at Nissan Stadium on January 22, 2022 in Nashville, Tennessee.Andy Lyons | Getty Images ... Read more »

Hema alludes to a move to label staff as ‘essential' in an emergency

The cabinet announced on Tuesday that employees with an essential profession do not have to quarantine after a corona case in the immediate vicinity, provided these employees do not have ... Read more »

Ban of cryptocurrencies in Russia will not solve fraud problem - Association

RAEC believes the ban on cryptocurrencies circulation will not solve existing fraud and illegal action problem but, on the contrary, will make their control more complicated, because the market activity will be in the ‘gray’ zone Read more »

Buyers vie for fewer homes as listings decline

LOS ANGELES — Hoping to buy a home that fits your needs and budget in the next few weeks? You might want to settle in for a long search. The ... Read more »

What went wrong at Bernhoven hospital, the favorite of the insurers?

‘Look at Bernhoven’, hospitals at the negotiating table with insurers have been told time and again in recent years. “There in Uden a lot less can be treated and operated ... Read more »

60 million U.S. households have ordered free Covid tests, White House says

Home test kits, specifically iHealth COVID-19 Antigen rapid self-tests, are stacked for delivery in Boston on Jan. 5, 2022.Lane Turner | Boston Globe | Getty Images The White House on ... Read more »

The stock markets are thundering – what's going on?

There was talk of ‘volatile market conditions’. That is why WeTransfer, the originally Dutch service for sending large data files, canceled its IPO on Thursday. The tech company and its ... Read more »

5G towers could be a little closer to US airports

Photo: ANP The major US telecom companies AT&T and Verizon can still place their cell towers for 5G networks slightly closer to airports than previously thought without jeopardizing air traffic. ... Read more »

Prince Andrew gives up St. Andrews golf club membership amid Jeffrey Epstein victim sex lawsuit

Prince Andrew tees off at the 18th hole at St. Andrews in Scotland, October, 1994.Stephen Munday | Getty Images Prince Andrew has said goodbye to St. Andrews. Prince Andrew has ... Read more »

Exclusive | BharatPe founder Ashneer Grover's wife also goes on leave amid governance probe

Ashneer Grover, co-founder and managing director, BharatPe One week after BharatPe founder Ashneer Grover was put on a leave of absence by his board, his wife Madhuri Jain Grover, Head ... Read more »

Hajj pilgrims deserve protection from bankrupt travel companies

Photo: ANP To protect Muslim pilgrims who want to go to Mecca, the Netherlands Authority for Consumers and Markets (ACM) is retroactively adjusting old charges subject to penalty. Those coercive ... Read more »

BharatPe founder Ashneer Grover's wife also goes on leave amid governance probe

Ashneer Grover, co-founder and managing director, BharatPe One week after BharatPe founder Ashneer Grover was put on a leave of absence by his board, his wife Madhuri Jain Grover, Head ... Read more »

Justice Dept., 34 states and Microsoft accuse Apple of stifling competition

“Apple‘s conduct has harmed and is harming mobile app developers and millions of citizens,” attorneys general for 34 states and the District of Columbia said. Getty Images The Justice Department, ... Read more »

Apple Music trolls Spotify by boosting Neil Young's music: ‘We Love Neil'

Neil Young pulled his music from Spotify in protest of vaccine “disinformation” on Joe Rogan‘s show. Rebecca Cabage/Invision/AP Apple Music wants everyone to know about its “Heart of Gold.” After ... Read more »

Buy Arvind; target of Rs 183: Sharekhan

Q3FY2022 performance was boosted by high domestic and export demand. Strong revenue growth of 50.3% y-o-y to Rs. 2,275.7 crore can be attributed to robust performance by both textile and ... Read more »

Buy Birlasoft; target of Rs 580: Sharekhan

Birlasoft | Representative Image. Birlasoft Limited (Birlasoft) reported yet another quarter of strong revenue growth led by robust growth in manufacturing and energy & utilities (E&U) verticals, a pick-up in ... Read more »

Trade turnover between Russia, Iran record-breaking in 2021 — Trade Representative

According to Russian Trade Representative in Iran Rustam Zhiganshin, grounds are in place to expect the turnover between countries will reach the record-high figure of $4 bln as of 2021 year-end Read more »

Mega Millions' jackpot is $421 million. What to do if you land that windfall

MARK RALSTON | AFP | Getty Images Sure, the chance of your ticket hitting the Mega Millions jackpot is tiny — roughly 1 in 302 million. Nevertheless, it's worth considering ... Read more »

Dusit retains strategy for hotel openings this year

An artist’s impression of Dusit Central Park, the mixed-use joint venture project by Dusit Thani and Central Pattana. SET-listed Dusit International is maintaining its plan for hotel openings this year, ... Read more »

Making a Super Bowl Commercial Is Super Stressful This Year Omicron disrupts and delays shoots, sending costs up; advertisers watch their tone to fit national mood

At a time when many Americans were eating their Thanksgiving leftovers, the marketing chief for Avocados From Mexico was dealing with a crisis that threatened the organization's Super Bowl commercial. ... Read more »

Buy Colgate-Palmolive; target of Rs 1,850: Sharekhan

Colgate Palmolive India (COLPAL) posted a muted performance in Q3FY2022 with revenues growing by 4% (driven by a 3% volume growth) to Rs. 1280.1 crore while OPM declining by 36 ... Read more »

Buy Pidilite Industries; target of Rs 2,792: Sharekhan

Pidilite Industries (Pidilite) Q3FY2022 performance was affected by a sharp decline in OPM affected by a significant increase in the VAM prices. Its consolidated revenues grew by 24% y-o-y to ... Read more »
On you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic