List of Banks and Credit Unions in the United States

The United States has one of the largest and most sophisticated financial systems in the world. Its banking sector includes enormous multinational institutions, national retail banks, regional banks, community banks, online banks, investment banks, and thousands of credit unions.

For consumers, choosing a financial institution can be difficult because there are so many options. Some people prefer large national banks because they offer extensive branch networks and a broad selection of financial products. Others prefer credit unions because of their member-owned structure, community orientation, and potentially competitive rates.

The size of a financial institution is often measured by total assets. Assets include loans, investments, cash, securities, and other financial resources controlled by the institution. Another important measure is equity or net worth, which represents the financial capital remaining after liabilities are deducted from assets.

These terms should not be confused. A bank with $4 trillion in assets does not have $4 trillion in net worth. Similarly, a credit union with $20 billion in assets does not necessarily have $20 billion in net worth.

For global comparisons, banks are generally ranked according to total assets. The Global Banker’s 2026 Americas ranking, based on FY2025 audited accounts, places JPMorgan Chase fifth in the world, Bank of America sixth, and Citigroup 12th.

Credit unions are normally ranked separately because they have a different ownership and regulatory structure. The following list therefore provides U.S. rankings for credit unions rather than assigning them artificial positions in global bank rankings.

Read: Mortgage Preapproval Requirements: What You Need to Qualify

What Is Net Worth?

Before looking at individual institutions, it is useful to understand what financial websites mean when they use terms such as net worth, assets, and equity.

For a bank, total assets can include mortgages, business loans, securities, cash, and other investments. Liabilities can include customer deposits and borrowed funds. The difference between assets and liabilities is broadly reflected in shareholders’ equity.

For example, if a bank has $1 trillion in assets and $930 billion in liabilities, its equity would be approximately $70 billion.

Credit unions use a different ownership structure because they are member-owned cooperatives. Their capital position is often discussed through net worth and the net-worth ratio. Consequently, comparing a credit union’s net worth directly with the market value or shareholders’ equity of a publicly traded bank can produce a misleading picture.

For this reason, the rankings below primarily use total assets as the measure of institutional size.

Top 10 Banks in the United States

The Federal Reserve’s latest ranking of U.S. domestically chartered commercial banks uses consolidated assets. As of June 30, 2026, JPMorgan Chase was the largest, followed by Bank of America, Citibank, Wells Fargo, Goldman Sachs Bank USA, U.S. Bank, Capital One, PNC Bank, Truist Bank, and Bank of New York Mellon.

1. JPMorgan Chase

U.S. banking rank: 1
Global rank: 5
Approximate FY2025 assets: $4.42 trillion
Approximate FY2025 equity: $362.4 billion

JPMorgan Chase is the largest bank in the United States by assets and one of the most influential financial institutions globally.

The bank provides a wide range of services to individuals, businesses, governments, and institutional investors. Its operations cover consumer banking, credit cards, mortgages, commercial lending, investment banking, wealth management, asset management, payments, and treasury services.

The Global Banker ranked JPMorgan Chase fifth in the world based on FY2025 assets. It reported approximately $4.42 trillion in total assets and $362.4 billion in equity.

The bank’s enormous scale gives it a significant presence in both domestic and international financial markets.

2. Bank of America

U.S. banking rank: 2
Global rank: 6
Approximate FY2025 assets: $3.41 trillion
Approximate FY2025 equity: $303.2 billion

Bank of America is the second-largest U.S. bank by assets. It serves consumers, small businesses, corporations, institutions, and wealthy individuals.

Its major services include checking and savings accounts, credit cards, mortgages, personal lending, commercial banking, investment banking, wealth management, and financial advisory services.

The Global Banker reported approximately $3.41 trillion in assets and $303.2 billion in equity for Bank of America at the end of 2025. The institution ranked sixth worldwide.

Its large branch and ATM network also makes it an important choice for customers who prefer physical banking locations.

3. Citigroup

U.S. banking rank: 3
Global rank: 12
Approximate FY2025 assets: $2.66 trillion
Approximate FY2025 equity: $212.3 billion

Citigroup is one of the most internationally oriented American banking groups. Its principal banking business, Citibank, provides financial services to consumers and businesses in the United States and other countries.

Its activities include credit cards, deposits, commercial banking, corporate finance, investment banking, treasury services, and international financial services.

The Global Banker placed Citigroup 12th among the world’s largest banks, with approximately $2.66 trillion in assets and $212.3 billion in equity at the end of 2025.

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4. Wells Fargo

U.S. banking rank: 4
Global position: One of the world’s largest banking groups
Assets: More than $1.9 trillion at the bank level as of June 2026

Wells Fargo is one of the most recognisable banking brands in America. It operates a major consumer and commercial banking business and serves millions of customers.

Its products include checking accounts, savings accounts, mortgages, credit cards, personal loans, commercial loans, wealth management, and investment services.

According to the Federal Reserve, Wells Fargo Bank had approximately $1.908 trillion in consolidated assets as of June 30, 2026.

5. Goldman Sachs

U.S. banking rank: 5
Global rank: 22 for the group in the 2026 global ranking
Bank assets: Approximately $758.8 billion as of June 2026

Goldman Sachs is particularly well known for investment banking, securities, asset management, and institutional financial services.

It also operates Goldman Sachs Bank USA, which accepts deposits and participates in lending and other banking activities.

The Federal Reserve listed Goldman Sachs Bank USA at approximately $758.8 billion in consolidated assets as of June 30, 2026.

The Global Banker ranked the broader Goldman Sachs group 22nd globally based on assets.

6. U.S. Bank

U.S. banking rank: 6
Assets: Approximately $705.6 billion

U.S. Bank is a major American financial institution with a significant consumer and commercial banking operation.

Its services include checking and savings accounts, mortgages, credit cards, personal loans, business banking, wealth management, and payment services.

The Federal Reserve reported approximately $705.6 billion in consolidated assets for U.S. Bank as of June 30, 2026.

7. Capital One

U.S. banking rank: 7
Assets: Approximately $662.2 billion

Capital One is widely recognised for credit cards and consumer finance, although its banking operations extend beyond credit cards.

Customers can access checking and savings accounts, credit cards, auto financing, and other financial products.

The Federal Reserve reported approximately $662.2 billion in consolidated assets for Capital One National Association as of June 30, 2026.

Capital One’s combination of consumer lending and digital banking has made it one of America’s better-known financial brands.

8. PNC Bank

U.S. banking rank: 8
Assets: Approximately $609.8 billion

PNC is a major banking organisation serving individuals, small businesses, corporations, and institutional customers.

It offers checking and savings accounts, mortgages, home equity loans, personal loans, business financing, treasury management, and investment services.

The Federal Reserve reported approximately $609.8 billion in consolidated assets for PNC Bank as of June 30, 2026.

PNC has a particularly strong presence in regional and commercial banking.

9. Truist Bank

U.S. banking rank: 9
Assets: Approximately $548.3 billion

Truist was created through the combination of BB&T and SunTrust. It is now one of the largest banking organisations in the United States.

The bank provides consumer banking, mortgages, credit cards, personal loans, business banking, commercial finance, wealth management, and investment services.

The Federal Reserve listed Truist Bank at approximately $548.3 billion in consolidated assets as of June 30, 2026.

10. Bank of New York Mellon

U.S. banking rank: 10
Assets: Approximately $425.1 billion

Bank of New York Mellon, commonly known as BNY, is different from many traditional retail banks.

Its major activities involve investment services, asset servicing, custody, wealth management, and institutional financial services. It works extensively with corporations, investment managers, governments, and other institutional clients.

The Federal Reserve reported approximately $425.1 billion in consolidated assets as of June 30, 2026.

Top 10 U.S. Banks at a Glance

*Global ranking refers to the broader banking group rather than necessarily the U.S. bank subsidiary. U.S. asset figures are Federal Reserve data as of June 30, 2026. Global figures use the applicable FY2025 ranking methodology.

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Other Important Banks in the United States

The ten institutions above are not the only significant American banks. Many regional and community institutions play important roles in particular states and markets.

Citizens Bank

Citizens provides personal, business, commercial, and wealth-management services. It has a substantial presence in several U.S. markets.

Fifth Third Bank

Fifth Third is a major regional bank offering consumer deposits, mortgages, loans, commercial banking, investment services, and wealth management.

KeyBank

KeyBank serves individuals, small businesses, middle-market companies, and institutional clients. Its products include deposits, lending, mortgages, and investment services.

Regions Bank

Regions Bank has a significant presence in the southern and central United States. It provides personal banking, business banking, mortgages, lending, and wealth-management services.

Huntington National Bank

Huntington provides checking and savings accounts, mortgages, consumer loans, commercial finance, and wealth-management products.

M&T Bank

M&T is a major regional bank offering personal banking, commercial banking, mortgages, investment services, and wealth management.

Comerica Bank

Comerica is particularly recognised for commercial banking. It also provides personal financial services and wealth-management products.

Frost Bank

Frost is a major Texas-based bank providing personal and business banking, lending, wealth management, and other financial services.

BMO Bank

BMO operates across several parts of the United States and offers consumer banking, mortgages, commercial banking, wealth management, and other financial products.

First Citizens Bank

First Citizens provides personal, business, commercial, and wealth-management services and has developed into a major U.S. banking organisation.

What Is a Credit Union?

A credit union is a financial cooperative owned by its members rather than conventional outside shareholders.

People who qualify for membership can generally use the credit union’s financial products, including checking and savings accounts, mortgages, auto loans, personal loans, and credit cards.

The credit union sector is substantial. The largest U.S. credit unions have billions of dollars in assets and millions of members.

Unlike banks, credit unions are not normally placed in international bank rankings. Instead, they are compared within the U.S. credit union system, usually according to total assets or membership.

Top 10 Credit Unions in the United States

The following rankings are based on NCUA call-report data for the quarter ending June 30, 2026. The figures are reported total assets rather than net worth.

1. Navy Federal Credit Union

U.S. credit union rank: 1
Assets: Approximately $204.4 billion
Members: Approximately 15.5 million

Navy Federal is the largest credit union in America by a considerable margin.

It primarily serves military personnel, veterans, Department of Defense personnel, and qualifying family members.

Its products include checking accounts, savings accounts, mortgages, auto loans, personal loans, credit cards, and other financial services.

With more than $204 billion in assets, Navy Federal is larger than many individual commercial banks.

Read: How Debt-Consolidation Loans Work: A Practical Guide for Borrowers

2. State Employees’ Credit Union

U.S. credit union rank: 2
Assets: Approximately $60.0 billion
Members: Approximately 3.0 million

State Employees’ Credit Union, commonly known as SECU, is headquartered in North Carolina.

The institution serves eligible members connected to state employment and related groups.

It provides savings and checking accounts, mortgages, personal loans, investment products, and other financial services.

3. SchoolsFirst Federal Credit Union

U.S. credit union rank: 3
Assets: Approximately $37.2 billion
Members: Approximately 1.58 million

SchoolsFirst has strong connections to the education community and is based in California.

It offers checking and savings accounts, mortgages, auto loans, credit cards, personal loans, and other services.

As of June 2026, SchoolsFirst reported approximately $37.2 billion in assets and about $3.5 billion in regulatory net worth. Its net-worth ratio was approximately 9.51%.

This illustrates why assets and net worth should not be treated as interchangeable terms.

4. Boeing Employees Credit Union

U.S. credit union rank: 4
Assets: Approximately $29.6 billion
Members: Approximately 1.59 million

Boeing Employees Credit Union, widely known as BECU, is headquartered in Washington State.

Despite its historical connection to Boeing employees, its membership eligibility extends to other qualifying groups.

BECU provides mortgages, checking and savings accounts, vehicle loans, personal loans, credit cards, and business financial services.

5. Pentagon Federal Credit Union

U.S. credit union rank: 5
Assets: Approximately $29.2 billion
Members: Approximately 2.75 million

Pentagon Federal Credit Union, or PenFed, is one of the largest credit unions in America.

It provides mortgages, home equity products, auto loans, personal loans, credit cards, checking accounts, and savings products.

Its membership structure is relatively broad compared with some occupational credit unions.

6. First Technology Federal Credit Union

U.S. credit union rank: 6
Assets: Approximately $27.9 billion
Members: Approximately 1.87 million

First Tech Federal Credit Union has strong historical links to technology and innovation industries.

It offers mortgages, savings accounts, checking accounts, auto loans, personal loans, and credit cards.

The institution has grown substantially and is now one of America’s largest credit unions.

7. America First Federal Credit Union

U.S. credit union rank: 7
Assets: Approximately $26.0 billion
Members: Approximately 1.59 million

America First is headquartered in Utah and operates across several western states.

Its services include checking and savings accounts, mortgages, auto financing, personal loans, credit cards, and business banking.

8. Mountain America Federal Credit Union

U.S. credit union rank: 8
Assets: Approximately $22.9 billion
Members: Approximately 1.46 million

Mountain America Credit Union is another large Utah-based financial cooperative.

It provides consumer banking, mortgages, auto loans, credit cards, personal financing, business services, and investment products.

9. Golden 1 Credit Union

U.S. credit union rank: 9
Assets: Approximately $22.2 billion
Members: Approximately 1.20 million

Golden 1 is one of California’s largest credit unions.

It provides checking and savings accounts, mortgages, auto loans, credit cards, personal loans, and other financial products.

10. Suncoast Credit Union

U.S. credit union rank: 10
Assets: Approximately $20.8 billion
Members: Approximately 1.41 million

Suncoast Credit Union is headquartered in Florida and has a substantial membership base.

Its services include deposit accounts, mortgages, auto financing, personal loans, credit cards, and other consumer financial products.

The latest Q2 2026 data confirm these ten as the largest U.S. credit unions by assets.

Top 10 Credit Unions at a Glance

Source: Q2 2026 NCUA call-report data as compiled in current credit-union rankings.

Read: FHA vs. Conventional Loans: What Is the Difference?

Other Large U.S. Credit Unions

The American credit union system extends well beyond the top ten. Other major institutions include:

11. Alliant Credit Union

Assets: Approximately $20.0 billion

Alliant is a large credit union headquartered in Illinois and offers online-focused banking, savings, checking, mortgages, and consumer lending.

12. Randolph-Brooks Federal Credit Union

Assets: Approximately $19.6 billion

Randolph-Brooks, commonly known as RBFCU, is headquartered in Texas and provides personal and business financial services.

13. Wings Credit Union

Assets: Approximately $19.4 billion

Wings provides consumer and business banking services and has a significant membership base across several states.

14. Lake Michigan Credit Union

Assets: Approximately $17.3 billion

Lake Michigan Credit Union provides mortgages, checking and savings products, personal loans, and business financial services.

15. Idaho Central Credit Union

Assets: Approximately $15.5 billion

Idaho Central is one of the largest credit unions in Idaho and provides mortgages, loans, deposits, and business services.

16. FourLeaf Federal Credit Union

Assets: Approximately $14.4 billion

FourLeaf is a major New York-based credit union serving eligible members through deposit and lending products.

17. Security Service Federal Credit Union

Assets: Approximately $14.4 billion

Security Service is based in Texas and serves members in several western and southwestern markets.

18. VyStar Credit Union

Assets: Approximately $14.3 billion

VyStar is a large Florida-based credit union offering consumer and business banking products.

19. Global Federal Credit Union

Assets: Approximately $13.0 billion

Global Federal Credit Union is headquartered in Alaska and provides financial services to members across its eligible service areas.

20. GreenState Credit Union

Assets: Approximately $10.9 billion

GreenState is based in Iowa and offers consumer banking, mortgages, business services, and other financial products.

These institutions all ranked within the top 20 U.S. credit unions by assets in Q2 2026.

Banks vs. Credit Unions

Although banks and credit unions offer many of the same products, their structures are different.

Banks generally operate as for-profit financial companies. Their shareholders own the company, and profitability is an important business objective.

Credit unions are member-owned cooperatives. Customers who meet membership requirements become members and participate in the cooperative structure.

Another difference is eligibility. A bank can generally serve a broad customer base, while a credit union may limit membership to people who meet specific requirements.

Some credit unions have relatively broad eligibility, while others are connected to particular employers, professions, communities, military groups, or geographic areas.

Read: What is the difference between Home Equity Loan vs. HELOC

Are Credit Unions Smaller Than Banks?

Generally, yes, but the largest credit unions can be enormous.

For example, Navy Federal had approximately $204.4 billion in assets in Q2 2026. That is considerably larger than many commercial banks. However, it remains far smaller than JPMorgan Chase, which had approximately $4.42 trillion in FY2025 assets.

This comparison shows the difference between the two sectors. America’s largest commercial banks operate at a global scale, while the largest credit unions are primarily focused on serving members within the U.S. financial system.

Does a Higher Asset Ranking Mean a Better Bank?

Not necessarily. A larger asset base demonstrates scale, but it does not automatically mean an institution has the best products or customer service.

For example, a person looking for a mortgage should compare interest rates, fees, loan terms, down-payment requirements, closing costs, and eligibility rather than simply choosing the largest bank.

Someone interested in a savings account should examine the annual percentage yield, monthly fees, minimum balance requirements, withdrawal restrictions, and account features.

Businesses may care more about commercial lending, treasury management, merchant services, international payments, or business credit.

Therefore, size is only one factor when evaluating a financial institution.

How to Choose Between a Bank and Credit Union

Before opening an account or applying for financing, consumers should compare several institutions.

Compare interest rates

Savings rates can vary significantly between institutions. Likewise, mortgage, auto-loan, and personal-loan rates can differ depending on the lender and borrower’s financial profile.

Examine fees

Check monthly maintenance charges, ATM fees, overdraft policies, transfer fees, and other account costs.

Consider accessibility

A large bank may offer thousands of branches and ATMs. An online bank may have fewer physical locations but provide strong digital services.

Check membership requirements

Credit unions have eligibility rules. Confirm that you qualify before selecting a particular institution.

Review digital banking

Mobile applications, online transfers, electronic statements, mobile check deposits, and security features can be important for modern customers.

Consider customer service

A smaller regional bank or credit union may provide a more personal experience, while a large national bank may offer more extensive resources and specialised products.

Deposit Insurance and Consumer Protection

Another important consideration is whether the institution’s deposits are federally insured.

Eligible deposits at participating banks are generally insured by the Federal Deposit Insurance Corporation (FDIC) within applicable coverage limits.

Eligible shares and deposits at federally insured credit unions are generally protected through the National Credit Union Share Insurance Fund (NCUSIF), administered by the National Credit Union Administration.

Consumers should verify the institution’s insurance status and understand applicable coverage limits before depositing significant amounts of money.

Final Thoughts

The United States has a huge and diverse financial sector containing thousands of banks and credit unions. At the top of the banking industry are institutions such as JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, U.S. Bank, Capital One, PNC, Truist, and BNY.

JPMorgan Chase currently stands as the largest U.S. bank by assets. Based on FY2025 figures used in the 2026 global ranking, it held approximately $4.42 trillion in assets and $362.4 billion in equity, placing it fifth among the world’s largest banks. Bank of America ranked sixth globally, while Citigroup ranked 12th.

The credit union sector has a different structure but is also substantial. Navy Federal Credit Union is the largest U.S. credit union, with approximately $204.4 billion in assets and more than 15.5 million members. State Employees’ Credit Union follows with approximately $60 billion in assets, while SchoolsFirst has approximately $37.2 billion.

Other major credit unions include Boeing Employees Credit Union, Pentagon Federal Credit Union, First Technology Federal Credit Union, America First Federal Credit Union, Mountain America Credit Union, Golden 1 Credit Union, Suncoast Credit Union, Alliant Credit Union, Randolph-Brooks Federal Credit Union, Wings Credit Union, Lake Michigan Credit Union, and Idaho Central Credit Union.

It is important, however, to distinguish assets from net worth. Assets show the overall size of a financial institution, while equity or regulatory net worth provides information about its capital position. A bank’s global ranking also does not necessarily indicate that it is the best institution for every customer.

For consumers, the most suitable bank or credit union will depend on individual needs. Factors such as interest rates, fees, loan terms, branch availability, digital banking, customer service, deposit insurance, and membership eligibility should all be considered.

In short, the United States offers consumers an unusually broad range of financial institutions. The largest banks provide global scale and extensive product offerings, while large credit unions provide a member-focused alternative. Understanding their size, structure, rankings, and financial position can help consumers make more informed banking decisions.

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