Best Banks and Credit Unions in Nevada
Finding a good bank doesn’t have to be hard. This is our list of the best banks in Nevada.
Click here to find the best CD rates in Nevada.
1) Zions First National Bank
Savings APY: 0.03% with a minimum deposit of $50
CD APY: 1-year – 0.21%, 3-year – 0.26%, and 5-year – 0.32% with a minimum deposit of $1,000.
Monthly Fees: $3.00
Insured by: FDIC (Federal Deposit Insurance Corporation)
How many branches are in the State? 122 full-service financial centers across Utah, Idaho, and Wyoming.
Pros:
- Robust online banking services
- Variety of checking and savings options
- $1 awarded to students from middle to high school for every A earned at school
- No overdraft fee account is available
Cons
- Low-interest rates on savings accounts
- Local branches are limited
First on our list of the best banks in Nevada, Zions First National Bank was founded in 1873. Its headquarters are in Salt Lake City, Utah. The bank offers services and products to the residents of Utah, Idaho, and Wyoming but also has an online presence to cater beyond borders.
The bank offers a full range of personal and business banking solutions including checking accounts, savings accounts, IRAs, money market accounts, certificates of deposit, auto loans, personal and business loans, and more.
one of the nation’s premier financial services companies, Zions Bank holds more than $90 billion in assets.
2) Greater Nevada Credit Union (GNCU)
Savings APY: a minimum deposit of $5
CD APY: 1-year – 4.25%, 3-year – 2.25%, and 5-year – 2.25% with a minimum deposit of $1,000.
Monthly Fees:
Insured by: NCUA (National Credit Union Administration)
How many branches are in the State? More than 5,600 shared branch locations. More than 2,000 self-service locations are open 24/7 at participating 7-Eleven® stores
Pros:
- Impressive customer service
- High yield CDs options
- Online tool to compare options
Cons
- Low-interest rates on Saving account
Founded in 1949, Greater Nevada Credit Union (GNCU) is one of the largest credit unions in the state. It is also the 270th largest credit union in America. The credit union is headquartered in Carson City and has an impressive website through which it offers services to customers beyond borders.
It offers an array of banking & financial solutions, including personal banking, wealth management, business banking, corporate & commercial solutions, and institutional banking services, making it one of the best banks in Nevada for businesses.
3) Bank of America
Savings APY: 0.01% to 0.04%
CD APY: 1-year – 0.03%, 3-year – 0.03%, and 5-year – 0.03% with a minimum deposit of $1,000.
Monthly Fees: $12
Insured by: FDIC (Federal Deposit Insurance Corporation)
How many branches are in the State? The Bank of America has 4,100 retail banking branches and 16000 free ATMs across the United States.
Pros:
- Waivable monthly fees
- Multiple branches and free ATMs.
- Convenient customer service channels
Cons
- Low interest on savings and CDs
Bank of America is the second-largest bank in the United States by assets, as well as one of the best banks in Nevada. It is also the second-largest bank in terms of market capitalization. It is also a multinational bank and financial services company that operates as a bank holding company.
Bank of America offers a range of financial services for both large and small businesses, as well as individual customers. It provides banking, investing, and other financial services to more than 20 million customers.
It is one of the Big Four banks, along with JPMorgan Chase, Citigroup, and Wells Fargo. Bank of America offers banking, investing, credit cards, mortgages, loans, and other financial services to individuals and businesses.
4) Clark County Credit Union
Savings APY: 0.05% with a minimum deposit of $50
CD APY: 1-year – 2.02%, 3-year – 3.04%, and 5-year – 3.56% with a minimum deposit of $1,000.
Monthly Fees: $4.95 monthly fee is waived if the primary account holder is under 26 or over 65
Insured by:
How many branches are in the State? It has 6 branch locations in Las Vegas. It also has 30,000+ ATMs
Pros:
- Minimum account deposits requirements are very low
- Impressive MMA options
- Robust customer service
Cons
- Poor interest on savings option
- Only 6 branches
Founded in 1951, Clark County Credit Union is headquartered in Las Vegas. It is the 3rd largest credit union in the state of Nevada and the 382nd largest credit union in the country.
Known for its excellent service, Clark County Credit Union extends a full array of banking solutions to its clients. It has impressive savings and checking account options as well as certificates of deposit and MMA options, making it one of the best banks in Nevada for those looking to invest. The loan offered by the bank has flexible terms and low-interest rates. The credit union has $1.15B in assets and more than 201 employees working for it.
5) Chase Bank
Savings APY: 0.01% to 0.05%
CD APY: 1-year – 0.01%, 3-year – 0.01%, and 5-year – 0.01% with a minimum deposit of $1,000.
Monthly Fees: ● $12 for a checking account, which can be waived with a direct deposit of $1500, ● $5 for a savings account which can be waived by keeping a balance of $300 daily or transferring $25 from a linked Chase checking account.
Insured by: FDIC (Federal Deposit Insurance Corporation)
How many branches are in the State? The Chase Bank has 4700+ branches all over the country, about 16000 ATMs, and 603 branches in Florida state.
Pros:
- Waivable monthly fees
- Branches and ATMs all over the country
Cons
- Low savings and CD APY.
- $3 fee at non-Chase ATMs in the U.S. for basic checking accounts.
Chase is the largest bank in Florida with US $4 trillion in Assets. The bank offers a variety of banking products and services. Chase is present in around 100 countries all over the world.
Chase was founded in 1799. It is one of the oldest banks in the United States and it has been serving customers for over 223 years now. It was originally called the Manhattan Company and it was created by Aaron Burr, who served as its first president, and Samuel Tilden, who served as its first treasurer.
The company got its current name from an earlier merger with J.P Morgan & Co., which took place in 2000. It merged with Chemical Bank to form JPMorgan Chase & Co., which is still its legal name today.
It is also the largest U.S. credit card issuer by purchase volume and offers services like Amazon Prime Rewards Visa Signature Card (credit card), Chase Freedom Unlimited (credit card), etc.
Chase is the best bank for the people, who can keep their account balance high, aren’t looking for high-interest rates, and are in need of a bank with more branches all over the world and the US!
6) Navy Federal Credit Union
Savings APY: 0.25% with a minimum deposit of $5
CD APY: 1-year – 3.00%, 3-year – 3.30%, and 5-year – 3.35% with a minimum deposit of $1,000.
Monthly Fees: $0
Insured by: NCUA (National Credit Union Administration)
How many branches are in the State? Among Navy Federal Credit Union’s 350 branches, many are located near military bases in places like Virginia, Maryland, and California. It also has 30,000+ accessible ATMs.
Pros:
- No monthly fee
- Free ATMs
- Competitive interest rates
Cons
- Very few branches
The Navy Federal Credit Union was founded on March 13, 1933, as Navy Department Employees’ Credit Union. It has a total of $158.85 Billion in assets and around 11 million customers. The CO-OP Network offers free access to more than 30,000 ATMs. Its headquarter is in Vienna, Virginia, United States.
The Navy Federal Credit Union has competitive interest rates that benefit many potential customers. Even though it has a small number of branches around the USA, it helps its customers via mobile applications and provides the best customer support, earning it a spot on our list of the best banks in Nevada.
7) Wells Fargo
Savings APY: 0.01%
CD APY: 1-year – 0.01% with a minimum deposit of $2,500.
Monthly Fees: $10
Insured by: FDIC (Federal Deposit Insurance Corporation)
How many branches are in the State? It has 8,050 branches and 13,000 ATMs with a presence in over 35 countries all over the world. There are around 25 branches and 43 ATMs in the Florida state Wells Fargo Bank.
Pros:
- Best customer service
- Interest-bearing premium account
- Waivable monthly fees on savings and checking accounts
Cons
- Requires to add minimum deposit for opening an account
- Low savings interest rate (APY).
Wells Fargo is one of the largest banks in the United States. It is headquartered in San Francisco, California. It was founded in 1852 and is the oldest and third-largest bank in America with 70 million customers globally.
The company provides a range of banking and financial services including retail banking, mortgage lending, credit cards, and auto loans. Wells Fargo also operates one of the largest retail banks in North America as well as a wholesale banking business.
It has assets of US$1.955 trillion as of 2021. It provides its customer with 24/7 customer service and mobile banking app that offers person-to-person payments, check deposits, and bill payments
8) One Nevada Credit Union
Savings APY: 0.05% with a minimum deposit of $5
CD APY: 1-year – 3.56%, 3-year – 3.56%, and 5-year – 3.56% with a minimum deposit of $250.
Monthly Fees: $5
Insured by: NCUA (National Credit Union Administration)
How many branches are in the State? 46,000 ATMs nationwide
Pros:
- Great Money Market Accounts option
- High-yield CD option
- Excellent customer service
Cons
- Poor interest on savings account
One Nevada Credit Union was founded in 1950 and is certainly one of the best banks in Nevada. Its headquarters are in Las Vegas, Nevada and it’s the second-largest credit union in the state. It is also the 330th largest credit union in America.
The credit union has a wide network of banking solutions and products to offer including personal banking, wealth management, business banking, corporate & commercial solutions, and institutional banking services.
It has a mobile app to offers hassle-freee access to banking solutions along with a robust customer service department. The credit union holds $1.35B in assets and has 207 employees working for it.
9) U.S. Bank
Savings APY: 0.01%
CD APY: 0.05% for 1 month CD term, with a minimum deposit amount of $500
Monthly Fees: $4 on Standard Savings account
Insured by: FDIC (Federal Deposit Insurance Corporation
How many branches are in the State? U.S. Bank has a nationwide presence, with over 108 bank branches and ATMs in Colorado.
Pros:
- Open an account with one of the best and most highly recognized banks in the U.S.
- Monthly maintenance fees are waivable
- A broad range of savings and checking account bundles
Cons
- Below-average savings APY rates
- Opening a bank account requires a minimum daily balance
- Higher monthly maintenance fees
U.S. Bank, based in Minneapolis, is the 5th largest bank in the United States, both in terms of deposits and assets. It has a nationwide presence in 40 states and also offers an online banking platform that allows you to access your accounts, pay bills, and make payments & transfers online. The bank also has a robust mobile app.
It offers an array of banking & financial solutions, including personal banking, wealth management, business banking, corporate & commercial solutions, and institutional banking services.
10) Great Basin Federal Credit Union
Savings APY: 0.05% with a minimum deposit of $25
CD APY: 1-year – 0.45%, 3-year – 0.75%, and 5-year – 1.00% with a minimum deposit of $1.000
Monthly Fees: $0 monthly fee
Insured by: NCUA (National Credit Union Administration)
How many branches are in the State? It has 5,000+ shared branches and 30,000 ATMs.
Pros:
- The low minimum deposit for Savings
- No monthly fees
- Customer-friendly staff and a variety of banking options
Cons
- Low APY on CD accounts
- High minimum deposit requirements
Headquartered in Reno, Nevada, Great Basin Federal Credit Union is a credible credit union in the state and is last up on our list of the best banks in Nevada. It was founded in 1951 and ever since it has been offering uncompromised banking solutions to its customers.
Great Basin offers a full range of financial solutions such as loans, investments, deposit accounts, insurance, security, credit and debit cards, online banking, and other related services.
The credit union holds $276.44 Million in assets and is one of the largest credit unions in the nation.