Top 12 Banks in North Carolina

Feb 03, 2024 By Triston Martin

North Carolina, often referred to as the "Tar Heel State," boasts a thriving banking industry. With a strong economy and a favorable business environment, it comes as no surprise that the state is home to numerous esteemed financial institutions. From large national banks to community-focused regional banks, North Carolina offers a diverse range of banking options to cater to the needs of its residents and businesses. In this article, we will explore the top 12 banks in North Carolina, highlighting their strengths, services, and the advantages they bring to their customers.

List of Top 12 Banks in North Carolina:

  1. Bank of America
  2. BB&T (Now part of Truist Financial Corporation)
  3. First Citizens Bank
  4. PNC Bank
  5. Wells Fargo
  6. SunTrust Bank (Now part of Truist Financial Corporation)
  7. Fifth Third Bank
  8. TD Bank
  9. Regions Bank
  10. Ally Bank
  11. State Employees' Credit Union
  12. Capital Bank (Now part of First Citizens Bank)

Details on Each of the Top 12 Banks:

1.Bank of America:

As one of the largest banks in the United States, Bank of America offers a wide array of banking services and products, including personal banking, mortgages, investment solutions, and commercial banking.

BB&T (Now part of Truist Financial Corporation):

BB&T, recently merged with SunTrust Bank to form Truist Financial Corporation, provides comprehensive financial services, including personal and business banking, insurance, and wealth management.

First Citizens Bank:

With a long history dating back to 1898, First Citizens Bank is a trusted institution offering personal and commercial banking solutions, loans, mortgages, and investment services.

PNC Bank:

PNC Bank is known for its strong presence in North Carolina, providing a range of financial services such as banking, lending, wealth management, and corporate banking.

Wells Fargo:

Wells Fargo is a renowned banking institution that offers a diverse range of services, including personal banking, mortgages, investments, and commercial banking solutions.

SunTrust Bank (Now part of Truist Financial Corporation):

Along with BB&T, SunTrust Bank is now part of Truist Financial Corporation, offering a broad range of banking services, including personal and business banking, investments, and insurance.

Fifth Third Bank:

With a focus on customer satisfaction, Fifth Third Bank delivers personal banking, lending, and investment solutions, along with tailored business banking services.

TD Bank:

TD Bank is a prominent regional bank that provides personal and commercial banking solutions, investment services, and specialized products like foreign exchange.

Regions Bank:

Regions Bank offers a comprehensive suite of banking products and services, including personal and business banking, mortgages, and wealth management solutions.

Ally Bank:

Known for its online banking services, Ally Bank provides a variety of digital banking options, competitive rates, and exceptional customer service.

State Employees' Credit Union:

Dedicated to serving state employees and their families, the State Employees' Credit Union offers a wide range of financial products and services, including checking and savings accounts, loans, and insurance.

Capital Bank (Now part of First Citizens Bank):

As part of First Citizens Bank, Capital Bank offers personal and business banking solutions, loans, mortgages, and investment services.

Pros and Cons for Each Bank:

Choosing the right banking institution is a significant decision that can impact your financial wellbeing in the long run. Therefore, it's crucial to consider several factors before picking your bank. One of the essential aspects to consider is the fees charged by the institution. Some banks have higher fees than others, and these can add up quickly, affecting your account balance. Additionally, accessibility is another element to consider, especially if you travel a lot or need to withdrawal cash frequently. It's best to choose a bank with many branches or ATMs available in your area or wherever you travel to, making it easy to reach your funds.

When it comes to banking, customer service is crucial. The bank's representatives should be available to answer your questions, provide assistance, and help you navigate any issues you encounter. A bank with excellent customer service can help alleviate any financial stress you may face, and it's worth considering how responsive a bank's representatives are when making your choice.


Choosing the right bank is a crucial decision that impacts both individuals and businesses. North Carolina's top 12 banks offer a wealth of options, each with its unique strengths and advantages. By carefully considering factors such as services, fees, accessibility, and customer satisfaction, individuals and businesses can find a banking institution that aligns with their financial goals and preferences. Whether it's a national bank with a wide range of services or a community-focused bank that prioritizes personalized relationships, the top 12 banks in North Carolina provide a solid foundation for financial success.


Are these banks exclusive to North Carolina?

No, many of these banks have a national presence, but they have a strong presence and offer a wide range of services within North Carolina.

Can I open an account with these banks online?

Yes, most of these banks offer online account opening services for added convenience.

Are credit unions a good alternative to traditional banks?

Credit unions like State Employees' Credit Union often offer competitive rates and personalized service, making them a viable alternative to traditional banks.

Which bank should I choose for my small business?

The best bank for your small business will depend on your specific needs and preferences. It's advisable to compare services, fees, and business-focused offerings before making a decision.

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Top 12 Banks in North Carolina
The top 12 banks in North Carolina offer a broad range of financial services to individuals and businesses alike. With a range of personal and commercial banking solutions, loans, mortgages, and investment options from trusted institutions like First Citizens Bank, PNC Bank, Wells Fargo, and TD Bank, customers in North Carolina have access to the services, products, and support they need.

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