It is very difficult to choose the best banks in Ohio 2021 as all the banks in Ohio are equally competitive. Ohio which is also known as the “Buckeye State” is home to 11.62 million people. The state is best known for having produced more US Presidents than any other states (8), and for Wright Brothers who flew the first airplane. There are 99 different banks that operate in Ohio. It is slightly challenging to narrow down on the best banks, but we have done thorough research to provide you with a detailed report.
Here’s a list of the best banks in Ohio:
- Huntington National Bank
- Chase Bank
- Fifth Third Bank
- U.S. Bank
- PNC Bank
- Civista Bank
- Dollar Bank
- First Federal Bank of the Midwest
- First Federal Savings and Loan Association
- The Park National Bank
Read below to know more about what we found –
Huntington National Bank – The Huntington National Bank has a total of over 500 branches all over Ohio. They are well reputed for providing the most outstanding checking account for those who wish to do their banking by themselves. There are many types of checking accounts – Premium, Standard and Basic to fill the need of all kinds of customers. The bank offers a versatile app for complete online banking facilities including mobile check deposit. The premium and standard checking accounts provide interest on the deposit. The overdraft account fees are slightly steep at $37 if you overdraw twice a year. The Basic checking account requires no annual or monthly maintenance fee.
Chase Bank - Chase Bank operates about 300 branches in Ohio. They provide the best checking accounts for students. Students aged between 17 and 24 are allowed to open checking accounts with very little deposit of $25. There is no monthly fee if they are attending college. Later the Chase Student checking account is converted to Chase Total checking account and has a monthly maintenance fee of $6 (unless that account has over $5,000 in deposit). Chase is an excellent option for students with over 15,000 ATMs and 5,000 branches across the US.
Fifth Third Bank – A Midwest bank that provides a complete solution for all businesses such as business checking account, loans and credit cards the Fifth Third Bank is a prominent regional player. They offer three varieties of checking accounts Elite, Premium and Standard all of which waive of the monthly maintenance charge if a specific deposit is maintained. The Standard checking account works out to be the most affordable as it would waive off an $11 monthly fee if the account holder keeps $3,500 in deposits and spends $500 using the business credit card. Situated at 325 locations across Ohio it is easily accessible to all with 100 branches in Cincinnati alone.
U.S. Bank - U.S. Bank provides a Silver checking account that is optimally suited for couples who wish to own and operate a joint account. The account is a checking cum savings account and requires no monthly maintenance fee as long as the joint account holders together deposit at least $1,000 each month and can maintain a minimum daily average balance of $1,500. It offers an excellent online site as well as an app for those who wish to transact while on the move and pay bills or deposit checks. If the minimum amounts are not maintained, then the account has a monthly charge of $6. The bank, however, offers excellent mortgage discount benefits to its account holders to the tune of 0.04-0.07%.
PNC Bank – During research across various states PNC Bank’s virtual wallet has at all times emerged as the best savings account option. The virtual wallet has a spend, growth and reserve functionality which allows it to operate as checking and also savings account. The feature-rich and straightforward approach to retail banking has won accolades for its help to save and grow wealth. PNC Bank also provides a Standard savings account which requires an initial deposit of $25 and monthly fees are waived off if a deposit of $300 is maintained. With a massive reach across Ohio with over 350 branches, PNC Bank is a brilliant option for personal banking needs.
Civista Bank – Present in Ohio from 1884 it is the best-known community bank in the region with a strong presence on North and Central Ohio. Civista Bank offers Choice checking account which provides excellent value for the customers. For those who choose to pay a monthly maintenance fee of $7, there is no minimum requirement of balance and a free checkbook every year.
Dollar Bank - Dollar Bank commended operation more than 160 years ago and is a premier financial institution of the Midwest. It is the largest independent mutual bank of USA. This means it is not owned by stockholders but cooperative of depositors. It is therefore focused on generating long term value for customers who are its members. The popular Everything checking account is a fantastic example of the commitment this bank has to its clients. There are no ATM fees at the bank’s own ATMs and a higher CD rate for checking account holders.
First Federal Bank of the Midwest – With its headquarters in Defiance, Ohio, the First Federal Bank of the Midwest, serves the needs of a broad segment of the population in the northwest of the state. The bank offers the Simple checking account which really lives up to its name. There is no minimum balance required and nor are there any monthly fees. It requires only an initial deposit of $50.
First Federal Savings and Loan Association – The First Federal opened its doors in 1934 and since then has developed a sterling reputation as a customer-centric bank. At present, it operates in six locations of northwest Ohio including the towns of Toledo, Whitehouse, Holland, Swanson, Waterville, and Delta. Their NOW checking account is immensely popular. This checking account provides interest and allows the holder to use checks unlimited times every year. Anyone who is a senior citizen or a student has the monthly maintenance fee waived off.
The Park National Bank – The Park National Bank operates 10 branches in Columbus Ohio. Founded in 1908 their commitment to providing the clients with real and trustable guidance in almost matters related to finance and investment have earned them a special place. They offer several varieties of checking, savings accounts, and CDs as well as loans for home and business.
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Branches with google map of the 10 best banks in Ohio
1.Huntington National Bank Branches in New Ohio
225 Broadway #703 Branch - Address 225 Broadway #703, New York, NY 10007, USA PX6R+QH New York, USA
232 Madison Ave Branch - Address 232 Madison Ave, New York, NY 10016, USA P2X9+W8 New York, USA
For more branches in Ohio follow this lin Huntington National Bank Addresses in Google Map
2.US Bank Branch in Ohio
688 High St, Worthington Branch - Address 688 High St, Worthington, OH 43085, USA 3XQJ+3V Worthington, Sharon Township, OH, USA
4075 Wilmington Pike Branch - Address 4075 Wilmington Pike, Kettering, OH 45440, USA MVP8+6H Kettering, Sugarcreek Township, OH, USA
For more branches in Ohio follow this link US Bank Addresses in Google Map
3.PNC Bank in Ohio
604 Ohio Pike, Cincinnati, OH 45245, USA 3P83+FQ Withamsville, Union Township, OH, USA