What Is the Best Bank for You?

What Is the Best Bank for You?

Kiplinger’s Personal Finance unveiled its highly anticipated, first-ever rankings of the Best Banks in the United States. Kiplinger picked a winner and a runner up in several categories. Notice Bank of America and Wells Fargo are no where to be found!

In-depth profiles of the selected institutions – all of which are listed below – are now available online at Kiplinger.com and will be available in print in the July 2017 issue of the magazine, on newsstands June 6.

My take? I like the credit union and smaller regional banks. I don’t care for the big banks. My favorite credit union is the Pentagon Federal Credit Union and my favorite bank is TBank located here in the DFW area. Here is what our friends at Kiplinger think!

BEST NATIONAL BANK
Winners: TD Bank and U.S. Bank (tie)

BEST CREDIT UNION
Winner: Langley Federal Credit Union
Runner-up:
Connexus Credit Union
 
BEST INTERNET BANK
Winner: Ally Bank
Runner-up: Bank of Internet
 
BEST REGIONAL BANKS
East: People’s United Bank
Midwest: Flagstar Bank
South: Trustmark National Bank
West: Bank of the West
 


 
BEST BANK FOR MILLENNIALS
Winner: Ally Bank
Runner-up: Langley Federal Credit Union

BEST BANK FOR RETIREES

Winner:
U.S. Bank
Runner-up:
Fidelity Cash Management
 
BEST BANK FOR STUDENTS
Winner: Bank of Internet
Runner-up: Alliant Credit Union

BEST BANK FOR HIGH-NET-WORTH FAMILIES
Winner: Citibank
Runner-up: Bank of America
 
BEST BANK FOR FREQUENT TRAVELERS
Winner: Charles Schwab Bank
Runner-up: Capital One 360

BEST BANK FOR MILITARY PERSONNEL
Winner: Navy Federal Credit Union
Runner-up: Andrews Federal Credit Union
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