The Best of Every Type of Bank for 2017

What's Hot


How to Cut the Cable TV Cord in 2017Family

8 Major Freebies and Discounts You Get With Amazon PrimeSave

8 Creative Ways to Clear ClutterAround The House

Study: People Who Curse Are More HonestFamily

This Free Software Brings Old Laptops Back to LifeMore

Pay $2 and Get Unlimited Wendy’s Frosty Treats in 2017Family

The 3 Golden Rules of Lending to Friends and FamilyBorrow

6 Reasons Why Savers Are Sexier Than SpendersCredit & Debt

Resolutions 2017: Save More Money Using 5 Simple TricksCredit & Debt

Porta-Potties for Presidential Inauguration Cause a StinkFamily

Protecting Trump Will Cost Taxpayers $35 MillionFamily

7 New Year’s Resolutions to Make With Your KidsFamily

5 New Year’s Resolutions That Will Pay Off 10 Years From NowCollege

10 Tasty Alcohol-Free Drinks That Adults Will LoveFamily

10 Simple Money Moves to Make Before the New YearFamily

Could Your Pet Benefit From Marijuana-Laced Treats?Family

One bank's ability to "cater to any personal finance need" puts it on top.

Now that the Federal Reserve has started to raise interest rates again, it might be wise to start re-examining the rates your bank accounts are earning.

GOBankingRates considered interest, in the form of annual percentage yields, when analyzing financial institutions for its recently released “2017 Best Banks” report.

Other factors the financial data site examined include:

  • Checking account fees
  • Monthly maintenance fees
  • Minimum deposit to open an account
  • Minimum balance to avoid fees
  • BauerFinancial Star Ratings on overall financial strength

TD Bank won the title of best national bank this year — out of 72 banks considered for this category. GOBankingRates cites its “full range of products and services to cater to any personal finance need,” among other features.

Ally Bank won the title of best online bank for 2017 — as it did last year — out of 28 institutions considered for the category. GOBankingRates attributed this to Ally’s:

  • Superior deposit products, such as its online checking account and online savings account
  • Strong customer support
  • Excellent online and mobile banking apps

This year’s winners in all account categories are:

  • TD Bank: Best national bank
  • Ally Bank: Best online bank
  • Synchrony Bank: Best savings account
  • Bank5 Connect: Best checking account
  • EverBank: Best CD account

If you’re considering switching banks or accounts, check out “Find a Higher-Paying Savings Account.”

Which bank would you rank No. 1 and why? Sound off below or over on our Facebook page.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!

💰🗣📰

Read Next: 8 Ways to Get Your FICO Score for Free

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,832 more deals!