Which Of The Big 4 Banks Is The Best?

Which bank has most customers?

Zenith Bank PlcZenith Bank Plc is now officially Nigeria’s largest bank by Customer Deposit.

In its 2017 annual report and first quarter 2018 interim report released by the company, it reported that its total customer deposits are now a whopping N3.

396 trillion as at end of March 2018..

Which bank is the most secure?

The Verdict Citibank and Bank of America offer the most protection for their customers, each providing three additional dimensions of security.

Which bank is richest in Nigeria?

Richest Banks in Nigeria 2020First Bank – N7.02 Trillion Naira.United Bank for Africa – N6.4 Trillion Naira.Zenith Bank – N4.46 Trillion Naira.Gtbank –N4.06 Trillion Naira.Stanbic IBTC – N2.43 Trillion Naira.Fidelity Bank – N2.114 Trillion Naira.Union Bank – N1.98 Trillion Naira.First City Monument Bank – N1.89 Trillion Naira.More items…•

Which major bank is the best?

According to the most recent Federal Reserve data, the top ten retail banks in the U.S. by assets are:Chase Bank.Bank of America.Wells Fargo.Citibank.U.S. Bank.PNC Bank.Capital One.TD Bank.More items…•

What is the strongest bank in America?

JPMorgan Chase & CoGet startedRankBank nameTotal assets1JPMorgan Chase & Co.$2.69 trillion2Bank of America Corp.$2.03 trillion3Wells Fargo & Co.$1.76 trillion4Citigroup Inc.$1.63 trillion11 more rows•Jul 13, 2020

What bank should I bank with?

Best Banks and Credit Unions of 2020Financial institutionBest for …Ally BankOverall, customer serviceDiscover BankOverall, cash-back rewardsAlliant Credit UnionOverall, ATM availabilityCapital One 360Overall, flexible overdraft options9 more rows•Jul 2, 2020

Which bank is the safest in Australia?

Westpac Bank was in fourth place with 11% and ANZ Bank was in seventh place with 8.7%. The four major banks are among the world’s largest banks by market capitalisation and all rank in the top 25 globally for safest banks.

Which bank has the best customer reviews?

Among the nine in this category, USAA, Schwab Bank, and Ally Bank were rated the highest in overall customer satisfaction. These three companies also provided easy-to-use online transactions and useful websites. Like credit unions, online banks also offer better interest rates than traditional banks.

Should I trust banks with my money?

For the right price and under the right circumstances, banks will sell you money; loans are easy to get as long as you can pay them back and intend to use them for bank-approved purchases. … But you really can’t trust banks to look out for you.

Which bank is first in Nigeria?

First Bank of Nigeria LimitedFirst Bank of Nigeria Limited (“FirstBank”), established in 1894, is the premier Bank in West Africa, Nigeria’s number one bank brand and the leading financial services solutions provider in Nigeria. The Bank was founded by Sir Alfred Jones, a shipping magnate from Liverpool, England.

Where should I put my money before the market crashes?

Put your money in savings accounts and certificates of deposit if you are worried about a crash. They are the safest vehicles for your money. The Federal Deposit Insurance Corp.

How much cash can you keep at home legally in us?

It is legal for you to store large amounts of cash at home so long that the source of the money has been declared on your tax returns. There is no limit to the amount of cash, silver and gold a person can keep in their home, the important thing is properly securing it.

What’s the safest bank to put your money in?

Here are the seven safest banks in America to deposit money:Wells Fargo & CompanyWells Fargo & Company (NYSE:WFC) is the undisputed safest bank in America, now that JP Morgan Chase & Co. … JP Morgan Chase & Co.More items…•

Who is the richest bank in India?

State Bank of IndiaThe four largest banks based on market capitalization and total assets are: State Bank of India. ICICI Bank. HDFC Bank.

Do you lose your money if a bank closes?

The FDIC website states that no insured account has ever lost money.” Even though the Federal Deposit Insurance Corp., or FDIC, has developed a well-oiled process for taking over failed banks, the news of such a takeover can be disconcerting to the bank’s customers. A failed bank doesn’t mean your money is lost.

What is the best bank to go with in Australia?

Australia’s Best Major Bank. For Australians that prefer to stick with one of the big four banks, Westpac has been named Australia’s Best Major Bank by Mozo’s money experts. We applied our analysis to the four majors and found that Westpac had an edge over the others when viewed across all the main product categories.