The United States has one of the most developed banking systems in the world, with thousands of banks, millions of customers, and trillions of dollars in assets under management. Whether you are planning to open a new account, start a business, or simply compare financial institutions, it is important to know which banks dominate the U.S. market.
In this article, we review the largest American banks in 2025, highlighting their assets, branch numbers, and customer reach.
Top U.S. Banks by Assets and Branch Numbers
🏦 JPMorgan Chase
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Assets: ~$3.8 trillion
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Branches: ~5,000 across the U.S.
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Overview: JPMorgan Chase is the largest bank in the United States. It offers a wide range of services, from personal checking and savings accounts to investment banking and wealth management. With almost 5,000 branches nationwide, it is one of the most accessible banks for U.S. residents.
🏦 Bank of America
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Assets: ~$2.6 trillion
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Branches: ~3,600
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Overview: Bank of America serves millions of customers with strong coverage across the East and West coasts. Known for its digital banking innovation, it is one of the most popular banks for both individuals and small businesses.
🏦 Wells Fargo
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Assets: ~$1.7 trillion
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Branches: ~4,100
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Overview: Wells Fargo has one of the largest branch networks in the country. Despite past controversies, it remains a dominant force in the retail banking industry and serves a massive customer base.
🏦 Citibank (Citigroup)
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Assets: ~$1.8 trillion
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Branches: ~650 in the U.S., but global presence in more than 90 countries
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Overview: Citibank is a strong choice for international customers. With a smaller branch network compared to Chase or Wells Fargo, it compensates with its global coverage and strong online services.
🏦 U.S. Bank (U.S. Bancorp)
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Assets: ~$670 billion
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Branches: ~2,100
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Overview: U.S. Bank has a significant presence in the Midwest and Western states. It provides competitive checking and savings accounts and has grown steadily in recent years.
🏦 Truist Financial
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Assets: ~N/A (mid-size range)
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Branches: ~1,900
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Overview: Formed from the merger of BB&T and SunTrust, Truist Financial is now one of the largest regional banks in the South and East.
🏦 Comerica
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Assets: ~N/A
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Branches: ~500 (mostly in Texas, California, and Michigan)
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Overview: Comerica is a regional powerhouse with strong influence in Texas. It is smaller compared to Chase or Wells Fargo, but it plays a critical role in regional banking.
Total Banking Landscape in the U.S.
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Total Banks (2025): ~4,462
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Largest by Deposits: JPMorgan Chase, Bank of America, Wells Fargo
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Customer Reach: Tens of millions of households and businesses across the nation
The U.S. banking system remains highly competitive, with both “megabanks” and smaller regional banks coexisting.
If you are considering opening a bank account in the U.S., the choice depends on your needs:
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Chase, Bank of America, Wells Fargo: Wide branch networks and strong digital banking.
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Citibank: Best for international customers.
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U.S. Bank & Truist: Strong regional presence with customer-focused services.
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Comerica: Good for Texas and regional banking.
👉 By understanding the size and reach of these institutions, you can choose the best bank for your personal or business needs.
Looking to open a bank account in the USA? Read our step-by-step guide: How to Open a Bank Account in the USA