Which Banking Services Is Best In Florida

We've analyzed a list of the best credit unions and banks in Florida so that you don't have to – and narrowed it downwardly to the height 7.

Finding the right financial institution to bank with isn't always like shooting fish in a barrel, mainly because of the affluence of options out at that place right at present. But don't worry – nosotros've got your back.

You lot'll find a proficient mix of options on this listing – going from the largest banks in America to community banks and credit unions.

seven Best Banks and Credit Unions in Florida

Here are the 7 best banks and credit unions in Florida that you can open an business relationship with today:

Wells Fargo: Best Bank for Branch Accessibility in Florida
Chase: Most ATMs and Near Diversity
Fifth Third Bank: Best Customer Service
PNC Depository financial institution: Best for Students
Marry Bank: Best APY on Online Savings
VyStar Credit Union: Larget Credit Wedlock in Florida
Suncoast Credit Spousal relationship: Great Local Rewards Program

1. Wells Fargo: All-time Bank for Branch Accessibility in Florida

Wells Fargo wins start place for the about accessible national banking company in Florida. Information technology has 608 branches and 1,128 ATMs distributed across the state.

The only other national bank with a like level of accessibility is Bank of America, which has 510 Florida branches.

Wells Fargo is at hand in major cities such equally Miami or Jacksonville and many smaller towns, similar White Springs and Lake Placid.

If you are traveling, you lot won't have to worry either! There are only ten states in the The states that don't take a Wells Fargo branch, and then you will be covered wherever you go.

If you lot are looking for a branch/ATM near you lot, Wells Fargo has a dedicated ATM and co-operative locator, which helps you lot do just that.

Checking Accounts

Wells Fargo offers many options when it comes to opening a checking account. The minimum opening deposit is $25. You tin opt for a regular ane, a premium interest-bearing version, or a teen checking account for teenagers between thirteen and 17.

Savings Accounts

Savings account options include the regular goal-based Way2Save business relationship or the premium Platinum Savings Account with higher APY (Annual Percent Yield).

These accounts don't actually earn an impressive involvement rate. And then, if you want to go college interest, opt for a CD account.

Certificates of Eolith

CD accounts are notoriously safety FDIC-insured investments. They're an fantabulous opportunity to earn higher APY on your money saved.

Keep in heed that a CD business relationship is for keeping your money "out of sight, out of mind," so if you lot withdraw your budget in a CD account earlier than planned, you will end upward losing money.

You can simply open CD accounts at Wells Fargo brick-and-mortar locations. That shouldn't be a problem because Wells Fargo has plenty of branches everywhere in the state.

Wells Fargo offers a positive banking feel both online and offline. It has mobile cyberbanking, online neb pay, and Zelle – a coin transfer service, plus existent-time updates on your investments.

Pros:

Many branches in Florida
Wide option of accounts
Interest-bearing premium accounts
Client service

Cons:

Minimum opening deposits
Low APY on nigh accounts

Read our full Wells Fargo Bank review

2. Chase: Nearly ATMs and Near Variety

Chase has 411 branches in Florida, and 16,000 ATMs in the nation, granting expert coverage even if yous are traveling out of state.

Chase bank offers several checking options. All of them requite access to mobile banking + mobile pay and a secure debit carte.

Chase Total Checking® is the near basic checking account. It has a monthly fee that you tin can avoid in several ways – and a pretty sugariness bonus offer!

Hunt Savings℠ is Chase'southward bones savings account. It has a $five monthly fee, which y'all can easily avoid past maintaining a minimum balance of $300. Though its APY is depression with just 0.01%.

Chase offers a varied customer service experience appreciated by business relationship holders. You can talk to a Chase representative in person at a branch, by phone, electronic mail, regular mail, or even Twitter. Its online options are also very well designed, both online cyberbanking and the mobile app.

Multifariousness is a word that is very important to describe Chase's banking services. Are you looking for an all-in-one financial institution that offers everything from checking and savings accounts, credit cards, loans, mortgages to investing options? Well, then, Chase could be the one.

Pros:

Variety
Easy to waive fees
Great bonus offering
Many locations and even more ATMs

Cons:

Monthly fee
Depression APY

Read our full Hunt Depository financial institution review

3. Fifth Third Banking concern: All-time Client Service

Fifth Third Bank has the best client service in Florida, co-ordinate to a recent satisfaction study. It came on top of well-known bank names such as CitiBank, Chase, and TD Bank.

The study analyzed client satisfaction by looking at banking company reviews in Florida specifically. It considered factors such as the number of branch locations and ATMs, how well the bank answered client inquiries, banks' fees, and checking/savings account offers.

5th Third Banking concern has many options when it comes to checking accounts. At that place is the regular low-fee account, a banking company business relationship reserved for people in the armed forces, and one but for students.

This banking company'southward forcefulness is the mobile app, one of the nigh appreciated in today's market. It allows for mobile check deposits, ATM/branch finder, account history, and Zelle, a person-to-person direct deposit service.

Pros:

Customer service
Mobile App
Many account options

Cons:

Not equally many locations and ATMs as larger banks

Read our full Fifth Third Banking concern review

four. PNC Bank: Best for Students

PNC holds the complete student-axial offering there is in Florida. It established a relationship with l major universities in the Sunshine Country, including the Florida Institute of Applied science.

A major perk offered by the student checking account is free ATMs everywhere on campus. Students can also request a convenient ID/ATM combination card and personalize their debit bill of fare.

PNC offers many intelligent means to track your remainder and manage your savings and checking accounts in ways that assist students learn almost personal finances equally well.

At that place is an selection for them to send an alert to their parents when the residuum in their account gets low and hopefully go some funds.

To open this depression-involvement charge per unit account, you will demand proof that you are a pupil and a minimum starting balance of $25. There are no service fees – it'southward a gratis checking business relationship.

With PNC, it is also possible to open up a money market business relationship, save for retirement, invest, become a loan, and much more.

Pros:

Great for students
Piece of cake to proceed your money organized
Wide range of services
No maintenance fees

Cons:

Need proof that you lot're a educatee for certain extra benefits
Low-interest rates

Read our total PNC Bank review

v. Ally Bank: Best APY on Online Savings

Ally is an online-only banking company, which means no brick-and-mortar location in the sunshine state or anywhere else.

To have an account with online banks, yous should be pretty comfortable with bones applied science, especially online and mobile banking solutions.

The good news is that information technology's not that complicated, and Ally has splendid customer service with a 24/7 phone line and a live chat.

Some features of Marry's app include mobile check deposits, a handy ATM locator, a rest history annal, and Zelle, a person-to-person coin transfer service.

Checking Account

Ally's most recommended checking business relationship is the Involvement Checking Account, which earns 0.10% APY with a minimum daily balance below $15,000.

The interest earned goes up to 0.25% APY if yous manage to go on an boilerplate daily balance of $15,000 or higher up.

Y'all tin can withdraw money from your checking account at any time and at no cost. Ally uses Allpoint ATM networks (55,000 ATMs) and reimburses up to $10 out-of-network ATM fees charged by other financial institutions per each statement wheel.

Savings Business relationship

Talking nearly the savings business relationship, Marry doesn't disappoint. It has a 0.50% APY on its online savings account.

This account compounds involvement daily, which is very important to help you grow your futurity residuum.

This banking concern account has no minimum balance to get started and no fees to keep information technology going. It's, without a uncertainty, one of the best savings account deals in Florida!

If you want to check out other awesome savings accounts online with high yield, have a look at Capital One, Discover, and Varo.

Pros:

High yield savings account
Convenient online only
Customer service

Cons:

No brick-and-mortar branches

Read our full Ally Bank review

six. VyStar Credit Wedlock: Larget Credit Spousal relationship in Florida

VyStar is one of the largest credit unions in Florida, available in more 20 cities with over 50 branches in the country.

It asks for no monthly maintenance fees and pays higher rates on checking and savings than well-nigh brick-and-mortar banks and many other credit unions.

In addition, with VyStar, yous'll have admission to twenty,000 ATMs all over Florida, Mexico, and Canada!

Customer service is bachelor seven days a week, and it has an excellent reputation.

Vystar compounds interest monthly rather than daily like nigh other credit unions.

Always pay attention to compound interest when it comes to credit unions. If possible, calculate how information technology can affect your earnings in the long run.

Pros:

Higher APY than brick-and-mortar banks
No maintenance fees

Cons:

Not many locations everywhere
Compounds involvement monthly

7. Suncoast Credit Union: Great Local Rewards Program

Suncoast is another credit spousal relationship worth checking out if yous are located in Florida, although VyStar generally pays higher APY.

Suncoast's bones checking business relationship has no monthly fees and pays some interest. In addition to that, information technology has a pretty cool rewards program that benefits local schools.

This credit union has many offices throughout Florida and gives you access to plenty of ATMs (1000+) for free.

To become a Suncoast member, you will take to fulfill some requirements: you have to be a resident of Florida, in a Florida canton virtually the country'south Gulf of United mexican states shoreline, be an alumnus of Florida College, or at least exist related to a Suncoast member.

Pros:

No service fees
Pays involvement
Many free ATMs
Rewards benefit local schools

Cons:

Requirements to be a member
Not present everywhere
Less APY than VyStar

How Nosotros Chose the Best Banks and Credit Unions in Florida

Each bank and credit matrimony on this list delivers an excellent banking experience – merely nosotros've also looked at their cons so that you tin make an informed choice.

We looked at things like:

Checking and savings account interest rates
Minimum balances
Low fees
Accessibility
Client service
Online feel

…to provide you with the best options for financial institutions in Florida.

Choosing the Best Banks and Credit Unions in Florida for Your Needs

To aid you determine which banking company or credit marriage to go for, nosotros've put together a list of eight things to consider.

They'll assistance you evaluate your preferences so that you lot can pick the financial institution that ticks all the boxes for you.

Do y'all adopt a depository financial institution or credit matrimony? Typically, banks have more branch locations and could exist more likely to keep upwardly with the latest trends and technologies. Nonetheless, credit unions usually take better customer service and pay higher APYs. Then, you've got to think about what matters to you.
Monthly service and overdraft fees. Yous shouldn't pay for a service that could be free elsewhere. If there is a service fee or overdraft fee, cheque if yous tin can easily waive it. If not, is information technology worth the cost?
Credit and debit card providers. Does the bank or credit marriage provide a Visa, Mastercard, or American Express? Some credit cards are more widely accepted than others.
Your client service preferences. If you have a question or run into a problem, how easy will it be to get aid? Can you help yourself through their Help Eye – or tin y'all rapidly reach someone? Thinking well-nigh how you'll get help beforehand is important for your human relationship with the bank – so do check that customer service ratings are high.
Co-operative and ATM accessibility. Driving effectually looking for a banking concern co-operative or a free ATM can be frustrating – so brand sure you don't cease upwardly in this position. Opt for a financial institution that has a branch within a reasonable distance if you think y'all might need to visit a branch at some signal.
Online banking and mobile app. With more of our life direction moving online, financial institutions need a user-friendly app and mobile banking. Being able to check your remainder or make a quick transfer is essential – so do check if the financial establishment you're considering offers that.
Annual interest rates. Look for the best deal out at that place – interest rates can assist you grow your money without yous having to move a finger.
Security. Does your banking company offer security and fraud protection features similar two-factor authentication? Does it get the extra step to verify your identity – and tin can y'all freeze your card easily if it goes missing? All these things are crucial – too as knowing your money is insured. Ideally, opt for a depository financial institution that's member-FDIC or is insured by NCUSIF.

FAQs

What is the best banking company to utilize in Florida?

The answer here is – it depends. The all-time bank volition depend on what y'all are looking for in a bank and your individual preference.

PNC Bank is an excellent choice for a student.
Does having outstanding customer service matter to you lot? If aye, so go for Fifth Third Bank.
If you want a banking company with many branches close to where you live, I'd recommend one of the major banks like Wells Fargo, Bank of America, or Chase.

What bank has the most branches in Florida?

The winner for well-nigh branches in Florida is Wells Fargo! With its 608 branches, Wells Fargo is the U.s.a. banking company with most branches in Florida.

Here is the whole nautical chart of the banks with the largest number of Florida locations:

Wells Fargo: 608
Depository financial institution of America: 510
Chase: 411
SunTrust: 400
Regions Bank: 307
BB&T: 258
PNC Bank: 173
TD Banking company: 157
Fifth Third Bank: 153

*Exact numbers may vary slightly over time.

What is the best credit wedlock in Florida?

The best credit matrimony in Florida, according to our inquiry, is VyStar Federal Credit Union, followed past SunCoast.