Best Bank For Small Business In USA

The US banking system is one of the oldest and largest in the world, with more than 6,000 commercial banks and savings institutions insured by the FDIC. Below is a list of the top 70 banks in the US, suitable for small businesses to raise capital and enjoy many incentives and benefits. Here below you can find a useful list of Best Bank For Small Business:  

2024 Updated - The Best Bank For Small Business

• AgFirst Farm Credit Bank is part of a network of agricultural and rural lending institutions that are cooperatives of their borrowers. There are four regional farm credit banks in the farm credit system and one bank for cooperatives. This is a perfect and the Best one of the best bank for small business in the US
• Ally Bank: A direct bank in the United States offering online checking and savings accounts, money market accounts, and certificates of deposit (CDs).
• American Express Company:  World's largest credit card issuer; operates the world's largest travel network. Centurion Bank and American Express Bank are the two main banking subsidiaries of American Express.
• American Express Bank, FSB: a subsidiary of American Express Company. American Express Bank is a member of the FDIC and each depositor is insured for a minimum of $250,000..
• American Express Centurion Bank:  Operates as a subsidiary of American Express Company and offers credit and debit cards in the United States including the Blue, Blue Cash, Blue Sky, Gold, Platinum, and Centurion cards.
• American Savings Bank:  the third largest bank in the state of Hawaii with a network of branches and ATMs throughout the islands.
• Ameris Bank:  a community bank headquartered in Moultrie, Georgia. It has about 120 branches in Georgia, Florida, Alabama, and South Carolina.
• Armed Forces Bank:  a bank founded in 1907 that specializes in serving military, retired military, and civilian customers. 
• Bank of America (BoA):  The second largest bank in the United States by assets; serves approximately 47 million retail and small business customers through more than 4,500 banking offices and 15,900 ATMs. As of May 17, 2018, the company's market capitalization was more than $312 billion.
• Bank of Botetourt: a local bank headquartered in Buchanan, Virginia. As of September 2017, it had total assets of over $370 million.

The next best 20 Bank For Small Business in the US

Below is a list of The next best 20 Banks For Small Business in the US that you can refer to. These banks have a certain reputation in the market and the ability to accept and disburse quickly and conveniently for businesses.

• Bank of Nevada: community bank located in Las Vegas; FDIC insured and a mid-range residential lender. Bank of Nevada has offices in Henderson, North Las Vegas, and Mesquite, Nevada.
• Bank of New Hampshire:  the largest privately owned bank in New Hampshire. It is also the oldest bank in the state.
• Bank of New York Mellon:  a leading global investment bank with more than $28 trillion in assets under management and $1.6 trillion in assets under management.
• Bank of North Carolina:  state-owned commercial bank; founded in 1991 and operates over 60 offices in North and South Carolina and Virginia. The bank is FDIC insured.
• Barclaycard US: One of the leading credit card providers in the United States.
• BBVA Compass: is the second largest bank in Alabama, the fourth largest bank in Texas, and the fifth largest bank in Arizona.
• Bridgewater Bank:  founded in 2005 and headquartered in Bloomington, Minnesota; operates as a subsidiary of Bridgewater Bancshares, Inc.
• Capital One:  A financial company specializing in consumer and commercial loans, deposits, and credit cards. Capital One is one of the largest credit card companies in the United States.
• Central Bank (UT) is a privately held bank located in Provo, Utah.
• CIT Bank: The main subsidiary of CIT Group Inc. The bank offers a range of certificates of deposit (CDs), savings accounts and other services.
• City National Bank (California)   is a branch of the Royal Bank of Canada.
• City National Bank of Florida:  the second oldest bank in Miami and the seventh largest financial institution in Florida. It operates as a subsidiary of Banco de Credito e Inversiones (Bci), one of Chile's largest banks..
• Citigroup: one of the world's largest financial services companies with more than 200 million accounts in 140 countries. There are more than 109 million Citi-branded cards in circulation.
• Citizens Financial Group: one of the largest and oldest financial institutions in the United States with a market value of $18 billion as of October 3, 2017.
• Cole Taylor Bank is the sixth largest commercial bank in Chicago; merged with MB Financial Bank in August 2014.
• Comerica:  One of the leading financial companies in the US with a strong presence in Texas, California, Michigan, Arizona, and Florida. As of May 18, 2018, it has a market capitalization of $17.1 billion.
• Commerce Bank, MO:  provides financial services to individuals and businesses throughout Missouri, Kansas, Illinois, Oklahoma and Colorado.
• Credit One Bank:  one of the largest VISA credit card issuers in the US. Credit One Bank provides credit cards to individuals who are overlooked by other banks. Credit One Bank even provides credit cards to people with credit problems and those with poor credit histories.
• DB USA Corporation was formerly known as Taunus Corporation and changed its name in 2014.
• Dedham Savings Bank provides a variety of financial services in the Norfolk County market. As of June 30, 2017, the company had total assets of over $1.4 billion. The bank is located in Dedham, Massachusetts.

Best for Low Fees

• Chase Bank - Offers a variety of small business checking and savings accounts with low monthly fees that can be waived by meeting minimum balance requirements.
• Bank of America - Has small business checking and savings options with modest monthly maintenance fees.
• PNC Bank - Provides small business checking accounts with a low $5-10 monthly fee, which can be avoided by maintaining a minimum balance.

Best for Loan Options

• Wells Fargo - Provides an extensive suite of small business loans, lines of credit, and commercial real estate financing.
• U.S. Bank - Offers a wide range of small business lending products, including SBA loans, term loans, and commercial mortgages.
• Capital One - Has a streamlined application process for small business loans and lines of credit.

Best for Digital Banking

• Bank of America - Robust online and mobile banking platforms with features like mobile check deposit and business bill pay.
• Chase - User-friendly digital tools including account management, invoicing, and cash flow forecasting.
• Novo - A digital-only bank with a focus on technology-driven banking for small businesses.

Best for Customer Service

• First Citizens Bank - Known for personalized attention and dedicated small business relationship managers.
• KeyBank - Provides a business banking advisor to guide companies through their financial needs.
• Huntington Bank - Offers 24/7 small business customer service.

More Best Banks for Small Businesses

• Falcon International Bank:  a community bank headquartered in Texas with branches in Laredo, San Antonio, McAllen, Brownsville, Eagle Pass, Del Rio, Harlingen and two representative offices in Monterrey and Guadalajara, Mexico.
• Falcon National Bank was founded in 2003 and is headquartered in Foley, Minnesota. As of March 2017, it had total assets of over $230 million.
• Farm Credit Bank of Texas: A wholesale financial institution owned by rural financial cooperatives in Alabama, Louisiana, Mississippi, New Mexico, and Texas; part of the Farm Credit System, the largest rural lender in the United States. The Farm Credit System is rated AAA by Fitch and Moody's.
• FirstBank (Lakewood, CO) is the second largest bank in Colorado based on deposits. It offers checking and savings accounts, consumer and commercial loans, online banking and other services through approximately 120 locations in Colorado, Arizona and California.
• Fifth Third Bank:  One of the largest regional banks in the United States. It operates approximately 1,200 branches and 2,500 ATMs in Georgia, Florida Ohio, Illinois, Indiana, Kentucky, Michigan, Missouri, North Carolina, Pennsylvania, Tennessee, and West Virginia.
• First National Bank of Omaha: a subsidiary of First National of Nebraska Inc. It is one of the ten largest farm lenders in the United States.
• First National of Nebraska:  A multinational corporation headquartered in Omaha. It is the largest privately held bank in the United States with community banking operations in Nebraska, Colorado, Illinois, Kansas, South Dakota, Iowa, and Texas.
• Five Star Bank:  A New York State community bank headquartered in Warsaw. As of March 2017, the company had total assets of over $3.6 billion.
• Goldman Sachs:  a bank engaged in investment banking, securities underwriting and trading, asset management, trading, and other activities through numerous subsidiaries in the United States and abroad. The company was founded in 1869 by Marcus Goldman, an immigrant from Germany.
• HSBC Bank USA: a subsidiary of HSBC Holdings in the United Kingdom. HSBC USA is one of the 10 largest banking companies in the United States.
• JPMorgan Chase: one of the largest banking institutions in the United States with over $2.4 trillion in assets, $1.3 trillion in deposits, and a market value of $343 billion as of October 3, 2017.
• KeyBank: one of the largest financial services companies in the United States. It operates over 1,200 branches and 1,500 ATMs in eight geographic regions: Pacific, Rocky Mountains, Indiana, Western Ohio and Michigan, Eastern Ohio, Western New York, Eastern New York, and New England.
• LifeStore Bank was founded in 1939 as a federally chartered savings bank. It was formerly known as AF Bank and changed its name to LifeStore Bank on September 28, 2009.
• Luther Burbank Savings: a privately held savings institution that focuses on savings and lending services. The bank was founded in 1982 and is headquartered in Santa Rosa, California.
• MB Financial Bank is a community bank headquartered in Chicago. MB was founded in 1911 and operates as a subsidiary of MB Financial, Inc. (NASDAQ: MBFI).
• Morgan Stanley is a financial firm that serves individual investors, institutions, and investment banking clients. Morgan Stanley was founded in 1935 and is headquartered in New York.
• MUFG Union Bank is a global commercial bank with approximately 400 retail branches in California, Oregon and Washington. MUFG Union Bank is a member of the Mitsubishi UFJ Financial Group.
• New York Commercial Bank – A subsidiary of New York Bancorp, one of the largest mortgage lenders in New York City.
• Norway Savings Bank:  A well-known community bank known for its financial strength and exceptional customer service. Norway Savings Bank is recognized as one of the best places to work in Maine and has been awarded the Gold Award in the Good Workplace Level by the Wellness Council of America (WELCOA).
• Pioneer Bank (Roswell, NM) is a federal savings bank operating in New Mexico, Texas, and Colorado. As of December 31, 2015; had assets of over $700 million.
• Pioneer Bank (Troy, NY) Troy-based community bank; provides personal and commercial banking services in the Capital Region.
• Pioneer Savings Bank (Cleveland, OH) was founded in 1922 and is headquartered in Cleveland. As of September 2015, total assets were approximately $33 million.
• PNC Bank: a diversified financial services company providing deposit and lending, cash management and investment products to more than 5 million retail and business customers in 15 states.
• Regions Bank is one of the largest financial services banks in the United States. The bank serves customers in 16 states through a network of more than 1,600 banking offices and 2,000 ATMs.
• Sallie Mae (SLM Corp) is the largest provider of educational loans in the United States. The company's primary business is originating, servicing, and collecting loans for students or their parents.
• Sallie Mae Bank is an FDIC-insured bank headquartered in Salt Lake City, Utah. Sallie Mae Bank was founded in 2005 and operates as a subsidiary of SLM Corporation.
• Santander Bank, N.A. (formerly Sovereign Bank) - One of the top 30 retail banks in the United States based on deposit size.
• Security Bank of Kansas City is a privately held bank headquartered in Wyandotte County, Kansas.
• Silicon Valley Bank is a California state-owned bank founded in 1983. SVB operates as a subsidiary of SVB Financial Group.
• Sterling Bank (Houston, TX) is a Texas-based bank with over $5 billion in assets and approximately 60 branches. Sterling Bank was acquired by Comerica Inc. in 2011.
• Sterling Savings Bank (Spokane, Washington) was acquired by Umpqua Holdings Corporation in 2014.
• SunTrust Banks, Inc., headquartered in Atlanta, Georgia, provides services including deposits and loans, mortgage banking, trust and investment services, asset management and more.
• Taylor Capital Group, headquartered in Rosemont, Illinois, is the holding company of Cole Taylor Bank. Taylor Capital Group was acquired by MB Financial Inc. in 2014.
• Texas Capital Bank is a commercial bank headquartered in Dallas, Texas. With assets of over $24 billion; it is one of the largest independent banks in Texas.
• USAA Bank is a financial institution serving members of the United States military. It is the second-largest bank in Texas with assets of over $80 billion.
• US Bancorp is a diversified financial services company with total assets of $460 billion as of September 30, 2017. US National Association is the primary subsidiary of US Bancorp.
• Xenith Bank is the fifth largest community bank by deposits and loans, headquartered in Virginia.
• Wachovia Bank is now Wells Fargo Bank after a merger in 2010. 
• Wells Fargo Bank, NA . principal subsidiary of Wells Fargo & Company.
• Wells Fargo & Company is one of the largest financial services companies in the United States. In 2007, Wells Fargo was the only bank in the United States to be rated AAA by Standard & Poor's. 
• Wilshire Bank is a California state-owned bank with more than 35 branches in Alabama, California, Georgia, Texas, New Jersey and New York.