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The best brick-and-mortar banks
The best online banks
Choosing a bank is a major decision. To help you find the right fit, we’ve broken our favorite banks into two categories: brick-and-mortar and online.
A good brick-and-mortar bank should make it easy to access funds with plenty of branches and ATM locations. You’ll also want to choose an in-person bank that makes it easy to waive monthly fees.
Online banks tend to pay higher interest rates than brick-and-mortar banks. A strong online bank should pay high APYs and charge low fees — or none at all.
If you live in one of the following states, check out our region-specific bank recommendations:
Our expert panel for this guide
We consulted banking and financial planning experts to inform these picks and provide their advice on finding the best banks for your needs. You can read their insights at the bottom of this post.
We’re focusing on what will make a bank most useful, including fees, interest rates, accessibility, and more.
More on the best banks of 2020: brick and mortar
Branch and ATM locations: TD Bank has over 1,300 branch locations across 16 states, with about 1,900 ATMs.
Why it stands out: Many branch locations are open seven days per week, which is great if you struggle to make it to the bank during the workday. TD Bank also ranked first in JD Power’s 2019 US National Banking Satisfaction Study.
What to look out for: ATM fees. TD Bank’s ATM fees aren’t…
Read More: The best banks of 2020