JPMorgan Chase is the largest bank in the United States, with total assets of $3.5 trillion, leading the ranking of the Top 10 Largest Banks. It is followed by Bank of America, Wells Fargo, Citibank, and U.S. Bank. In this article, we will highlight the Top 10 Largest Banks in the United States, detailing their year established, headquarters location, total assets, number of ATMs, domestic branches, and foreign branches, and providing interesting facts and insights about each institution.
Largest Banks in the United States
- JPMorgan Chase – $3.5 trillion
- Bank of America – $2.5 trillion
- Wells Fargo – $1.7 trillion
- Citibank – $1.6 trillion
- U.S. Bank – $664.9 billion
- PNC Bank – $552.5 billion
- Goldman Sachs – $543.8 billion
- Truist Bank – $511.9 billion
- Capital One – $477.3 billion
- TD Bank – $370.3 billion
1. JPMorgan Chase
Established in 1799, JPMorgan Chase is one of the largest financial institutions in the world, boasting total assets of $3.5 trillion. With a network of over 16,000 ATMs, the bank serves its customers through more than 4,800 domestic branches located across 48 states and Washington, D.C. Additionally, it has 32 foreign branches that extend its services globally. Headquartered in New York City, NY, JPMorgan Chase has a long-standing history in the financial sector.
In the ranking of the Top 10 Largest Banks in the United States, JPMorgan Chase is the largest bank with a total assets of $3.5 trillion.
JPMorgan Chase | |
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Total Assets | $3.5 trillion |
Number of ATMs | Over 16,000 |
Domestic Branches | More than 4,800 across 48 states and D.C. |
Foreign Branches | 32 |
Headquarters Location | New York City, NY |
Year Established | 1799 |
Interesting Fact: JPMorgan Chase was formed through the merger of several major financial firms, including J.P. Morgan & Co., Chase Manhattan Corporation, and Bank One, creating a powerhouse in the banking industry that continues to innovate and lead in various financial services.
2. Bank of America
Established in 1784, Bank of America is a leading financial institution with total assets of $2.5 trillion. It operates approximately 15,000 ATMs and serves its customers through more than 3,700 domestic branches in 40 states and Washington, D.C. The bank also has 23 foreign branches, enhancing its global presence. Headquartered in Charlotte, NC, Bank of America has a rich history of serving individuals and businesses alike.
In the ranking of the Top 10 Largest Banks in the United States, Bank of America is the second largest bank with a total assets of $2.5 trillion.
Bank of America | |
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Total Assets | $2.5 trillion |
Number of ATMs | Approximately 15,000 |
Domestic Branches | More than 3,700 in 40 states and D.C. |
Foreign Branches | 23 |
Headquarters Location | Charlotte, NC |
Year Established | 1784 |
Interesting Fact: Bank of America was the first bank to launch a digital banking platform in 1999, revolutionizing the way customers interact with their finances online.
3. Wells Fargo
Founded in 1852, Wells Fargo has established itself as a prominent financial institution with total assets of $1.7 trillion. The bank operates more than 11,000 ATMs and serves its customers through over 4,200 domestic branches in 36 states and Washington, D.C. It also has 10 foreign branches. Headquartered in San Francisco, CA, Wells Fargo has a rich legacy of providing various financial services.
In the ranking of the Top 10 Largest Banks in the United States, Wells Fargo is the third largest bank with a total assets of $1.7 trillion.
Wells Fargo | |
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Total Assets | $1.7 trillion |
Number of ATMs | More than 11,000 |
Domestic Branches | Over 4,200 in 36 states and D.C. |
Foreign Branches | 10 |
Headquarters Location | San Francisco, CA |
Year Established | 1852 |
Interesting Fact: Wells Fargo has a long history of stagecoach transportation and was instrumental in developing the western U.S. during the Gold Rush era.
4. Citibank
Founded in 1812, Citibank is a significant global banking institution with total assets of $1.6 trillion. It provides services through over 2,400 ATMs and maintains a presence in more than 600 domestic branches across 13 states and Washington, D.C. The bank also boasts 115 foreign branches. Headquartered in New York City, NY, Citibank has a robust international footprint.
In the ranking of the Top 10 Largest Banks in the United States, Citibank is the fourth largest bank with a total assets of $1.6 trillion.
Citibank | |
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Total Assets | $1.6 trillion |
Number of ATMs | Over 2,400 + access to 65,000+ |
Domestic Branches | More than 600 in 13 states and D.C. |
Foreign Branches | 115 |
Headquarters Location | New York City, NY |
Year Established | 1812 |
Interesting Fact: Citibank was the first bank to offer credit cards in the 1960s, paving the way for modern consumer credit.
5. U.S. Bank
Established in 1863, U.S. Bank has grown into a major financial institution with total assets of $664.9 billion. The bank operates around 4,700 ATMs and serves customers through more than 2,200 domestic branches across 27 states. It has one foreign branch. Headquartered in Minneapolis, MN, U.S. Bank provides a wide array of financial services to individuals and businesses.
In the ranking of the Top 10 Largest Banks in the United States, U.S. Bank is the fifth largest bank with a total assets of $664.9 billion.
U.S. Bank | |
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Total Assets | $664.9 billion |
Number of ATMs | Around 4,700 + MoneyPass network |
Domestic Branches | More than 2,200 across 27 states |
Foreign Branches | 1 |
Headquarters Location | Minneapolis, MN |
Year Established | 1863 |
Interesting Fact: U.S. Bank was the first bank in the nation to launch a mobile banking application in 2007.
6. PNC Bank
Founded in 1983, PNC Bank has established itself with total assets of $552.5 billion. The bank boasts about 60,000 ATMs (including partner networks) and operates over 2,300 domestic branches in 28 states and Washington, D.C. It has one foreign branch. Headquartered in Pittsburgh, PA, PNC Bank offers a wide range of financial services to meet customer needs.
In the ranking of the Top 10 Largest Banks in the United States, PNC Bank is the sixth largest bank with a total assets of $552.5 billion.
PNC Bank | |
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Total Assets | $552.5 billion |
Number of ATMs | About 60,000 (including partners) |
Domestic Branches | Over 2,300 in 28 states and D.C. |
Foreign Branches | 1 |
Headquarters Location | Pittsburgh, PA |
Year Established | 1983 |
Interesting Fact: PNC Bank offers a unique virtual wallet service that helps customers manage their finances by combining banking with personal finance tools.
7. Goldman Sachs
Established in 1869, Goldman Sachs is primarily known as an investment bank with total assets of $543.8 billion. Unlike traditional banks, it does not operate ATMs or domestic branches; however, it has two foreign branches that facilitate its international operations. Headquartered in New York City, NY, Goldman Sachs is recognized for its investment banking, securities, and investment management services.
In the ranking of the Top 10 Largest Banks in the United States, Goldman Sachs is the seventh largest bank with a total assets of $543.8 billion.
Goldman Sachs | |
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Total Assets | $543.8 billion |
Number of ATMs | None |
Domestic Branches | None |
Foreign Branches | 2 |
Headquarters Location | New York City, NY |
Year Established | 1869 |
Interesting Fact: Goldman Sachs is well-known for its prestigious investment banking division, which has worked on some of the largest mergers and acquisitions in history.
8. Truist Bank
Established in 2019, Truist Bank is a relatively new financial institution that emerged from the merger of BB&T and SunTrust, boasting total assets of $511.9 billion. The bank has over 3,000 ATMs and serves customers through more than 1,900 domestic branches in 15 states and Washington, D.C. Truist does not have foreign branches. Headquartered in Charlotte, NC, it aims to provide a better banking experience for its clients.
In the ranking of the Top 10 Largest Banks in the United States, Truist Bank is the eighth largest bank with a total assets of $511.9 billion.
Truist Bank | |
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Total Assets | $511.9 billion |
Number of ATMs | Over 3,000 |
Domestic Branches | More than 1,900 in 15 states and D.C. |
Foreign Branches | 0 |
Headquarters Location | Charlotte, NC |
Year Established | 2019 |
Interesting Fact: Truist Bank emphasizes community engagement and is committed to making a positive impact in the communities it serves through various initiatives and investments.
9. Capital One
Founded in 1988, Capital One is well-known for its credit card services, with total assets of $477.3 billion. The bank operates approximately 1,300 ATMs and has over 200 domestic branches, primarily located in New York, Los Angeles, and other regions. It has one foreign branch. Headquartered in McLean, VA, Capital One is recognized for its innovative approach to banking.
In the ranking of the Top 10 Largest Banks in the United States, Capital One is the ninth largest bank with a total assets of $477.3 billion.
Capital One | |
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Total Assets | $477.3 billion |
Number of ATMs | Approximately 1,300 + access to 70,000+ |
Domestic Branches | Over 200, mainly in NY, LA, and more |
Foreign Branches | 1 |
Headquarters Location | McLean, VA |
Year Established | 1988 |
Interesting Fact: Capital One is known for its innovative use of data and technology to offer personalized banking products, making it a leader in credit card services.
10. TD Bank
Established over 150 years ago, TD Bank has evolved into a major financial institution with total assets of $370.3 billion. The bank operates over 2,600 ATMs and serves customers through more than 1,100 domestic branches in 15 states and Washington, D.C. It does not have foreign branches. Headquartered in Cherry Hill, NJ, TD Bank prides itself on its customer service and convenience.
In the ranking of the Top 10 Largest Banks in the United States, TD Bank is the tenth largest bank with a total assets of $370.3 billion.
TD Bank | |
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Total Assets | $370.3 billion |
Number of ATMs | Over 2,600 |
Domestic Branches | More than 1,100 in 15 states and D.C. |
Foreign Branches | 0 |
Headquarters Location | Cherry Hill, NJ |
Year Established | 150+ years ago |
Interesting Fact: TD Bank is known for its “America’s Most Convenient Bank” slogan, emphasizing its commitment to customer service and accessibility with extended hours.
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