best regional banks in america
Some of the best regional banks in America include CFG Bank, Cross River Bank, The Federal Savings Bank, and Frost Bank. These banks are known for providing specialized financial services in their respective regions, offering personalized customer support and tailored banking solutions that cater to both individuals and businesses. With a strong focus on customer satisfaction, they provide a variety of banking products like savings accounts, loans, and business financing options.
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These regional banks stand out for their ability to combine traditional banking with modern technology. CFG Bank is recognized for its customer-friendly savings and investment products, while Cross River Bank is praised for its innovative digital banking services. The Federal Savings Bank has a strong reputation for mortgages, particularly for veterans, and Frost Bank excels in delivering tailored financial solutions with a focus on building long-term customer relationships. With their regional expertise and community focus, these banks provide value through both their customer service and product offerings.
CFG BankView AllCFG Bank - Banking Made Simple and Secure
Cross River BankView AllCross River Bank - Innovative Banking, Seamless Service
The Federal Savings BankView AllThe Federal Savings Bank - Your Home, Our Priority
Frost BankView AllFrost Bank - The Power of Partnership
Huntington BankView AllHuntington Bank - Welcome. We’re Glad You’re Here.
NBKCView AllNBKC - Your Bank. Your Way.
PNC BankView AllPNC Bank - For the Achiever in You
Ridgewood Savings BankView AllRidgewood Savings Bank - Serving Your Banking Needs Since 1921
Spring BankView AllSpring Bank - Empowering Your Financial Future
Texas Capital BankView AllTexas Capital Bank - The Best Banking Experience
best regional banks in america
1.
CFG Bank
CFG Bank is known for providing personalized services and innovative solutions to individuals and businesses in the mid-Atlantic region. Based in Baltimore, CFG Bank specializes in savings accounts, CDs, mortgages, and commercial lending. It offers competitive rates and excellent customer service. Its focus on both personal and business banking ensures that clients get tailored financial solutions. CFG Bank is committed to maintaining a high level of customer satisfaction and providing a user-friendly online banking experience.
Pros
High interest rates- Great customer service
- User-friendly
- Low fees
- Strong local presence
Cons
Limited branch locations- Online-only options
- High mortgage rates
- Limited business loan options
- Limited ATM network
2.
Cross River Bank
Cross River Bank is a prominent regional bank with a reputation for offering high-quality financial services, including personal loans, credit cards, and business banking solutions. Based in Fort Lee, New Jersey, Cross River is a leader in fintech innovation and has partnerships with some of the most well-known financial institutions and fintech companies in the industry. It is a reliable partner for consumers and businesses looking for seamless banking services and cutting-edge technology in areas like payments, lending, and digital banking.
Pros
- Fast loan processing
- Strong digital platform
- Flexible services
- Business-focused
- Innovative tech
Cons
- Limited physical branches
- Strict credit requirements
- Limited loan options
- High fees for certain services
- No in-branch support
3.
The Federal Savings Bank
The Federal Savings Bank is a family-owned, community-focused bank that provides home loans, savings accounts, and business banking services. Based in Chicago, it offers a wide range of financial products tailored to meet the needs of individuals and small businesses. Known for its customer-centric approach and strong focus on home lending, The Federal Savings Bank offers competitive mortgage rates and a streamlined application process. Its personalized services have earned it a reputation as a trusted local institution.
Pros
- Veteran-focused
- Strong mortgage options
- Competitive rates
- Personalized service
- Easy application process
Cons
- Limited branch network
- Focused mainly on home loans
- Strict eligibility for some loans
- Limited product variety
- High mortgage fees
4.
Frost Bank
Frost Bank is a Texas-based regional bank with a reputation for excellent customer service and community involvement. It offers a comprehensive suite of personal and business banking services, including checking accounts, savings accounts, credit cards, loans, and wealth management. Known for its strong financial foundation and customer-first approach, Frost Bank provides both traditional banking services and innovative financial solutions. It has a robust online and mobile banking platform, making it easy for customers to manage their finances.
Pros
- Excellent customer service
- Comprehensive services
- Strong reputation
- Great financial tools
- Community-focused
Cons
- High fees for non-customers
- Limited national presence
- High loan rates
- Limited ATM access
- Online banking could improve
5.
Huntington Bank
Huntington Bank is one of the leading regional banks in the Midwest, offering a wide array of services, including retail banking, business banking, and wealth management. With its customer-friendly policies and community-focused services, Huntington Bank has become a favorite among families and small businesses. It provides an array of financial products, including checking accounts, savings accounts, mortgages, and commercial loans. Huntington Bank is recognized for its dedication to supporting its customers’ financial well-being and providing practical banking solutions.
Pros
- Extensive branch network
- Customer-first approach
- Great rewards programs
- Good mobile app
- Competitive loan rates
Cons
- High fees
- Limited physical locations outside the region
- Overdraft fees
- Higher interest rates on loans
- Complex fee structures
6.
NBKC
NBKC is a Kansas City-based bank offering personal, business, and mortgage banking services. Known for its customer-focused approach, NBKC provides a wide range of financial products, including savings accounts, checking accounts, and small business loans. It is particularly popular for its competitive rates, low fees, and ease of access through its mobile and online banking platforms. NBKC has earned a reputation for delivering excellent customer service and providing innovative solutions for both individuals and businesses in the region.
Pros
- Low fees
- Good interest rates
- Simple services
- Efficient mobile app
- Strong business loans
Cons
- Online-only banking
- Limited physical branches
- Limited product offerings
- High ATM fees
- May lack personal touch
7.
PNC Bank
PNC Bank is a national bank with a significant regional presence, especially in the Midwest and Northeast. Offering an extensive range of products and services, including retail banking, corporate banking, and wealth management, PNC Bank is recognized for its customer-centric approach. With a broad selection of financial tools, PNC caters to individuals, small businesses, and large corporations alike. Its digital banking services are robust, and the bank has earned praise for its accessibility, offering a variety of solutions for both personal and business customers.
Pros
- Strong digital tools
- Wide range of services
- Good customer service
- Nationwide presence
- Helpful budgeting tools
Cons
- High fees for certain services
- Limited low-cost options
- Overdraft fees
- Slow loan processing
- High interest rates
8.
Ridgewood Savings Bank
Ridgewood Savings Bank is a regional bank located in New York, serving local communities with personalized banking services. It offers a range of financial products such as savings accounts, home loans, checking accounts, and business banking solutions. With a strong emphasis on customer service, Ridgewood Savings Bank focuses on maintaining strong relationships with its clients, providing solutions for everyday banking needs, as well as more complex financial services. Its community-oriented approach makes it a trusted institution for residents and businesses.
Pros
- Strong local presence
- Great mortgage options
- High customer satisfaction
- Personalized service
- Low fees
Cons
- Limited geographic coverage
- Limited ATM access
- High loan rates
- Smaller range of products
- High fees for some accounts
9.
Spring Bank
Spring Bank is a New York-based bank that prides itself on serving its local communities, offering a variety of products like checking accounts, savings accounts, loans, and mortgages. Known for its focus on financial inclusion, Spring Bank has earned a reputation for offering affordable and accessible financial services, particularly for low- and moderate-income individuals and families. It’s also involved in providing small business loans to help local entrepreneurs thrive. The bank offers a seamless digital banking experience, making it convenient for customers to access their accounts.
Pros
- Community-focused
- No fees
- High customer satisfaction
- Eco-friendly banking
- Personalized service
Cons
- Limited national coverage
- Limited product range
- Few physical branches
- Higher fees for certain services
- Limited loan products
10.
Texas Capital Bank
Texas Capital Bank is a prominent regional bank known for its focus on corporate banking, investment services, and personal banking. Based in Dallas, it provides a comprehensive suite of services, including commercial loans, wealth management, and business banking products. Texas Capital Bank is recognized for its exceptional customer service and its tailored financial solutions designed to meet the specific needs of its clients. It also offers competitive rates and modern banking tools, making it an excellent choice for individuals and businesses in Texas.
Pros
- Great business banking
- High customer satisfaction
- Competitive loan rates
- Private banking options
- Strong local focus
Cons
- Limited to Texas region
- High fees
- Limited ATM access
- Limited personal banking options
- Slow loan processing